THE 2nd Dakar Financing summit For Africa’s Infrastructure Development has opened in the Senegalese capital with sixty-nine infrastructure projects worth $160 […]
RTag: African Development Bank
$1m: Sustainable Energy Fund for Africa grant to drive electric mobility shift in seven African countries
THE Sustainable Energy Fund for Africa, SEFA, of the African Development Bank Group (www.AfDB.org) will provide a $1 million technical […]
Agro-Industrial Zones: Buhari welcomes provision of $538m to Nigeria by ADB, others
PRESIDENT Muhammadu Buhari has welcomed the provision of 538.05 million Dollars for the first phase of the Special Agro-Industrial Processing […]
Presidents of Sierra Leone, Rwanda, Senegal commiserate with AfDB president over mother’s death
THE Presidents of Sierra Leone, Julius Maada Bio, Rwanda, Paul Kagame and Senegal, Macky Sall have commiserated with Dr Akinwumi […]
Adesina projects Africa’s GDP growth at 4% in 2023, 2024
THE African Development Bank (AfDB), has projected Africa’s Gross Domestic Product (GDP) growth at about four per cent in 2023 […]
IBB condoles with AfDB’s president, Adesina over mother’s death
FORMER Head of State, Gen. Ibrahim Babangida has commiserated with Dr Akinwumi Adesina, President, African Development Bank (AfDB) over the […]
AfDB Group’s $140,000 AgriPitch Competition names 25 finalists vying for top prizes
TWENTY-FIVE youth-led agriculture sector companies from 14 African countries have advanced to the finalist round of the African Development Bank […]
African Leaders, U.S. Government affirm commitment to nutrition investment for Africa on margins of U.S.-African Leaders Summit
AFRICAN leaders and the United States government have underlined the need for increased investment and prioritization of nutrition across the […]
Convention on Biological Diversity Conference of Parties, CBD COP15: New African Development Bank, Worldwide Fund for Nature (WWF) study calls for urgent attention and increased investment in Africa’s biodiversity
THE African Development Bank (www.AFDB.org) and the Worldwide Fund for Nature (WWF), have launched a regional report on the performance of African […]
AfDB Group appoints Professor Padmashree Gehl Sampath as Special Advisor for Pharmaceuticals, Health Infrastructure
THE African Development Bank Group has appointed renowned Professor Padmashree Gehl Sampath as a special advisor on pharmaceuticals and health […]
African Economic Conference 2022 urges development community to “walk the talk” on innovative solutions to fight climate change
THE 17th African Economic Conference ended on Sunday with a charge to the development community and governments to take decisive […]
AfDB urges open borders to encourage free trade
THE African Development Bank (AfDB) has urged African countries to open their borders to encourage the promotion of the African […]
FedEx establishes direct presence in Nigeria to support customers with international trade
FEDEX Express (FedEx), a subsidiary of FedEx Corp. and the world’s largest express transportation company, has announced that it has […]
Botswana: AfDB Group commits $180m to bolster post-Covid-19 economic recovery
THE Board of Directors of the African Development Bank has approved a loan of $179.66 million to support government reforms to […]
Diaspora’s remittances, investment, expertise vital for Africa’s future growth, say participants at AfDB forum
HUNDREDS of academics and leaders of international institutions from around the world came together for an African Development Bank Forum […]
AfDB, monetary union sign grant agreement of $750,000
THE African Development Bank (AfDB), and the West African Monetary Union’s Capital Markets Authority (AMF-UMOA) have signed a grant agreement […]
AfDB rallies partners to support the flagship Desert to Power initiative to light up the Sahel
AN African initiative to increase solar generation capacity to provide 250 million people with electricity access across Africa’s Sahel region […]
AfDB signs agreement of $50m with FCMB
THE African Development Bank (AfDB), has signed an agreement with First City Monument Bank (FCMB) for a 50-million-dollar line of […]
AfDB, Partners launch $520m Special Agro-Industrial Processing Zones to transform Nigeria’s agriculture
NIGERIA on Monday began its long journey to end hunger and achieve food security with the launching the Special Agro-industrial […]
AfDB, JICA provide $244m for emergency food production in Nigeria
THE African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), have provided 244 million dollars for emergency food […]
Finance in Common: Let’s exploit the impetus around climate change to scale up agriculture – panelists
The panel discussion, unlocking smart and inclusive Recovery in Africa through the private sector, was one of several at the […]
AfDB inaugurates project to create jobs in 3 African countries
The African Development Bank (AfDB), has inaugurated a multinational project to create jobs and improve livelihoods for youth in three […]
AfDB recommends reduction of poisonous gases by petroleum sector
THE African Development Bank (AfDB), says mitigating climate change requires urgent and significant reductions of greenhouse gas (GHG) emissions by […]
President Buhari, AfDB president woo global investors
PRESIDENT Muhammadu Buhari and the African Development Bank (AfDB) Group President, Dr Akinwumi Adesina have urged global businesses and leaders […]
AfDB, Islamic Bank, others invest $618m in digital, creative programme in Nigeria
THE African Development Bank (AfDB), the Islamic Development Bank (IsDB), and the French Development Agency (FDA) are investing 618 million dollars […]
AfDB approves $20m concessional investment for COVID-19
THE Board of Directors of the African Development Bank (AfDB) Group has approved 20 million U.S. dollars concessional investment to […]
UNDP completes SDG Investor Maps in 9 African countries
THE United Nations Development Fund (UNDP) says it has completed Sustainable Development Goal (SDG) Investor Maps in nine African countries. […]
Richer nations must pay more to prepare for climate change – African leaders
AFRICAN leaders on Monday called on their counterparts from richer, polluting nations to increase funding for projects to help them […]
Nigeria needs over $410 billion for energy transition–Osinbajo
VCE President Yemi Osinbajo says Nigeria will need to spend over 410 billion dollars to deliver its energy transition plan […]
Paucity of funds, deficit infrastructure, insecurity, challenges of night air travels – NCAA
PAUCITY of funds, security challenges are some of the problems making night flights impracticable in Nigeria. Capt. Musa Nuhu, Director-General […]
African Development Bank’s Board approves landmark institution: Establishment of African Pharmaceutical Technology Foundation to transform Africa’s pharmaceutical industry
THE African Development Bank’s Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking […]
Experts seek urgency of climate financing for Africa
THE African Development Bank (AfDB), and International Monetary Fund (IMF) experts say there is the need to urgently mobilise climate […]
Global Leaders Welcome President Kenyatta as Global Champion for the Africa Adaptation Acceleration Program
PROFESSOR Patrick Verkooijen, Global Center on Adaptation,chief executive officer, CEO, has welcomed President Uhuru Kenyatta as the Global Champion for the […]
Africa must end food, pharma import dependence – AfDB president
AFRICA must wean itself off dependence on food and medicine imports, the president of the African Development Bank (AfDB) said […]
Annual Meetings of the Boards of Governors of the AFDB holds in South Korea
The 53rd Annual Meeting of the Board of Governors of the African Development Bank and 44th Meeting of the Board of Governors of the African Development Fund, the concessional arm of the Bank Group, are scheduled to take place from May 21-25, in Busan, Korea.