The African Development Bank (AfDB), has signed an agreement with First City Monument Bank (FCMB) for a 50-million-dollar line of credit. This is contained in a statement issued by Chukwuemeka Ezekiel, AfDB Group, Nigeria Country Department on Friday. The line…
African Development Bank (AfDB) and First City Monument Bank, FCMB, have signed a $50 million Line of Credit agreement to increase access to finance for Small and Medium Enterprises, SMEs, and Women-Empowered Businesses (WEB) in the country. AfDB also said…
The Affirmative Finance Action for Women in Africa (AFAWA) initiative has launched its second call for proposals for the Women Entrepreneurship Enablers programme. This is contained in a statement issued by the Communication and External Relations Department of the African…
The African Development Bank (AfDB), has called for increased financing to reduce the effects of climate change and food insecurity in Africa. AfDB President, Dr Akinwumi Adesina made the call when he led a delegation from the bank to the…
The African Development Bank (AfDB) and Transnet have agreed to implement regional borderless crossings to scale-up integrated regional freight transport and logistics systems in Africa. This is to boost intra-African trade for the benefit of the African Continental Free Trade…
The African Development Bank (AfDB), has issued a 100-million-dollar seven-year ‘Feed Africa’ theme bond due by September 2029. This is contained in a statement issued on the website of the AfDB on Thursday. The bond was issued on Sept. 14.…
The U.S government says it will provide a five-million-dollar grant to the African Development Bank (AfDB) to support efforts to reduce methane gas emission across Africa. U.S. Special Presidential envoy for climate, Mr John Kerry made the announcement at a…
…Sets to launch project in five states Ahead of the official commencement and launch of the Special Agro Processing Zone (SAPZ) nationwide, the African Development Bank (AFDB) has honoured the Ogun State governor, Dapo Abiodun with the Champion/Role Model recognition.…
Partners of the Africa Nationally Determined Contributions (NDCs) Hub have stressed on the importance for African countries to implement their NDCs to adapt to climate impacts. This is contained in a statement from the Communication and External Relations Department, African…
The African Development Bank (AfDB), said private sector investment in Africa’s infrastructure in 2020 was 19 billion dollars, the highest since 2016. Mr Solomon Quaynor, AfDB Vice President for the Private Sector, Infrastructure and Industrialisation said this at a webinar…
