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…
The African Development Bank (AfDB) President, Akinwumi Adesina, says conflict of interest is hindering implementation of the bank’s anti-corruption fund. Adesina, in an interview, said the bank established an anti-corruption fund of about 55 million dollars seven years ago, which…
president of the African Development Bank (AfDB), Dr Akinwumi Adesina, says Africa loses between seven billion dollars and 15 billion dollars annually due to climate change. The President of the bank, Dr Akinwumi Adesina said this during an interview with…
President Bola Tinubu has congratulated President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, on the award of the prestigious Obafemi Awolowo Prize for Leadership. Dr. Adesina received the award from the Obafemi Awolowo Foundation at a ceremony held…
