The President of African Development Bank (AfDB), Dr Akinwumi Adesina, has condoled with the people of Morocco on the recent earthquake that claimed many lives and injured thousands. Adesina in a statement described the incident as devastating and distressing. reports…
President Bola Ahmed Tinubu has applauded an investment of $520 million in specialised agro-processing zones by the African Development Bank (AfDB). Tinubu, in a statement on Saturday by his special Adviser on special duties, communications and strategy, Dele Alake, praised…
African Development Bank (AfDB) and ILX Management B.V. (ILX) have signed an agreement to scale up investments in the Bank Group’s regional member countries. The bank, in a statement, said the partnership would also spur institutional investor capital mobilisation for…
By Rebecca Bamidele The President of African Development Bank (AfDB) Group, Dr Akinwumi Adesina would join other world leaders for the 77th session of the United Nations General Assembly in New York City. Mr Solomon Mugera, the Communication and External…
…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.…
Dr Akinwumi Adesina, the President, African Development Bank (AfDB), has called for more investments in the youth as they are the future of Nigeria. Adesina said this in his acceptance speech after he was conferred with the award of Extraordinary…
Dr Akinwumi Adesina, the President, African Development Bank (AfDB), has pledged the Bank’s support for the recharging of water to the Lake Chad Basin. Adesina made the pledge during his discussion with President Muhammadu Buhari on the sideline of the…
The African Development Bank (AfDB) says the $430 million highway project linking Enugu to Bamenda in Cameroon will be completed this year. The bank, in a statement issued on Monday, said that it is part of its investments in West…
The African Development Bank (AfDB) has launched a $463.9 million 5.5-year Kangaroo bond, marking its return to the Australian dollar bond market. The transaction, announced on 8 June, was led by Nomura and RBC Capital Markets. It is the institution’s…
The 2021 Annual Meetings of the African Development Bank (AfDB) Group would take place from June 23 to June 25, with the theme “Building Resilient Economies in Post Covid-19 Africa.” A statement issued by the AfDB, on Wednesday, noted that…
