AFDB looks forward to funding a $250 million gold mine in Zimbabwe
The African Development Bank (AFDB) has shown great interest in funding Caledonia Mining Corporation’s planned $250 million gold mine in ...
Tag: AfDB
FG inaugurates technical committee to kickstart $617.7 million i-DICE program
The federal government has inaugurated a technical committee to kickstart the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) ...
AFDB bans Chinese road building company for graft in Uganda
The African Development Bank (AFDB) has barred Chinese road builder China Henan International Corporation Group (CHICO) for indulging in fraudulent ...
Indorama to get $75 million from AfDB to boost fertiliser production
The African Development Bank (AfDB) has reached a $75 million loan agreement with Indorama Eleme Fertilizer and Chemicals Limited, marking ...
AfDB approves $50 million to Yobe State for climate change, food security
The African Development Bank Group (AfDB) has approved a $50 million loan approval for the Yobe State Environmental and Climate ...
Paris Club Creditors cancel 99% of Somalia’s debt
The Paris Club of Creditors have reached an agreement with the government of Somalia that will result in the cancellation ...
African countries should put an end to resource backed loans – Adesina
The African Development Bank's President, Akinwunmi Adesina is advocating for an end to the practice of offering loans in return ...
Hardship: AfDB grants Nigeria $134 million to cultivate rice, maize, others
The African Development Bank (AfDB) provides Nigeria with $134 million in support for the cultivation of essential crops such as ...
Eleven of the world’s 20 fastest growing economies in 2024 are in Africa – AfDB
The African Development Bank Group announced in its latest Macroeconomic Performance and Outlook (MEO) report that Africa will host eleven ...
Rising prices of fuel and commodity could lead to social unrest in Nigeria- AfDB
The AfDB has warned that an increase in prices of commodities and fuel could result in social unrest due to ...
