AFDB

The African Development Bank (AfDB) has announced plans to spend over $1.5 billion dollars to avert food crisis sparked by the war in Ukraine. The AfDB Acting Chief Economist and Vice President, Professor Kevin Urama, who spoke during a…

The African Development Bank (AfDB) says it will within the next five years double the climate change finance of Africa to 25 billion dollars. Dr Kevin Kariuki, AfDB Vice-President for Power, Energy, Climate and Green Growth, said this…

The African Development Bank and the ECOWAS Commission have signed an agreement to boost the pharmaceutical industry in West Africa. The agreement was signed in Abuja, Nigeria’s capital to increase local manufacturing of high-quality,…

The African Development Bank, Board of Directors have approved a $170m loan to boost a digital and creative enterprises program in Nigeria. This was contained in a press statement titled ‘African Development Bank Board approves $170m for…

The Board of Directors of the African Development Bank has approved a loan of $170 million to finance a digital and creative enterprises program in Nigeria. The investment in Digital and Creative Enterprises Program (i-DICE) is a Federal…

The Board of Directors of the African Development Bank (AfDB) has approved a new water strategy for 2021-2025, to increase water security and foster sustainability in Africa. Under the theme: “Towards a Water-Secure Africa”, the…

Multilateral financial institutions, the African Development Bank (AfDB) inclusive, have met to discuss their role in promoting trade under the African Continental Free Trade Area (AfCFTA) after the Covid-19. The AfCFTA is an…

The Kwara State Government has reiterated its resolve to improve the state’s economy through investment partnership drive especially as partnership forms the bedrock of development. The state Governor, Abdulrahman Abdulrazaq, stated this…

The Board of Directors of the African Development Bank Group has approved a grant of $8.56 million from the   African Development Fund to implement the Africa Disaster Risk Financing Programme (ADRiFi) in Sudan. The project…

The African Development Bank (AfDB) is highly committed to the success of the African Continental FreeTrade Area (AfCFTA), Akinwumi Adesina, President, African Development Bank Group has said. Adesina, who submitted that making the…