President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has called on Nigeria to radically transform its economic landscape if it intends to join the ranks of developed nations by 2050. Adesina made the appeal in a statement issued…
The African Development Bank (AfDB), has called on African nations to take strategic positions in the global energy transition by shifting from raw mineral exports to processing and value addition. The AfDB President, Dr Akinwumi Adesina, in a statement on…
…Commends UBA’s role in facilitating africa’s development The President of the African Development Bank (AfDB) Group, Dr Akinwumi Adesina, stated on Wednesday that strengthening connections between global financial hubs and African markets is crucial for unlocking economic opportunities. Dr Adesina…
By Seun Ibiyemi The African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has announced plans for an ambitious $500 million financing facility designed to unlock $10 billion in funding for smallholder farmers and agribusiness enterprises across Africa. Speaking at…
The African Development Bank Group has taken a major step in combating financial crime and corruption in Africa by signing a Letter of Intent with the International Criminal Police Organisation. The historic agreement, the first of its kind between a…
African Development Bank President, Akinwumi Adesina, has announced that Nigeria will benefit significantly from a $4.4 billion investment to expand Special Agro-Industrial Processing Zones across all 36 states and the FCT. Adesina made this disclosure during an interview with Arise…
President and Chairman of the Board of Directors of the African Development Bank (AfDB), Dr Akinwumi Adesina says the bank and the World Bank Group are committing 40 billion dollars toward the Mission 300 innitiative. Adesina disclosed this while delivering…
By Seun Ibiyemi Nigeria has attracted $7.6 billion in investment interests at the Africa Investment Forum 2024, held in Rabat, Morocco, from 4 to 6 December 2024. The announcement was made by Dr Akinwumi Adesina, President of the African Development…
Mr Akinwumi Adesina, President, African Development Bank Group (AfDB), says Nigeria is losing about 29 billion dollars annually due to a lack of reliable power supply. Adesina said that it amounted to 5.8 per cent loss in the nation’s Gross…
The President of African Development Bank (AfDB), Dr Akinwumi Adesina, on Friday advocated for youth investment in Nigeria’s Agri-business. Adesina championed the advocacy in his keynote address at the Council of Anglican Provinces of Africa (CAPA) Primates and wives’ Retreat…
