Tag
AFDB
The African Development Bank's President, Akinwunmi Adesina is advocating for an end to the practice of offering loans in return for access to Africa's abundant oil reserves and vital minerals, which are essential for producing smartphones and electric car batteries.
The African Development Bank (AfDB) provides Nigeria with $134 million in support for the cultivation of essential crops such as rice, maize, cassava, and soybeans, aiming to enhance food production.
The African Development Bank Group announced in its latest Macroeconomic Performance and Outlook (MEO) report that Africa will host eleven of the world’s 20 fastest-growing economies in 2024.
The AfDB has warned that an increase in prices of commodities and fuel could result in social unrest due to opposition to government policies.
The Federal Government in collaboration with the African Development Bank (AfDB) has concluded plans to roll out a $617 million IDICE Fund for the digital technology and creative industry.
The Africa Development Bank announced the approval of an $80 million loan to fund the Ekiti Knowledge Zone (EKZ) Project in Ekiti.
The Board of Directors of the African Development Bank (AfDB) has approved a capital investment of $10.5 million in a venture capital fund to support innovative African businesses displaying strong growth potential.
FSDH Merchant Bank is pleased to announce the signing of a $20 million Trade Finance Facility Agreement with the AfDB.
In a bid to empower the private sector and support the financing of infrastructure development in Africa's largest economy, Nigeria, the United Bank for Africa (UBA) has received a $175 million financial package from Africa Development Bank(AfDB) Group.
Dr. Akinwunmi Adesina has stated that Africa losses around $7 to $15 billion annually due to climate change.
The African Development Bank (AfDB) is drawing up around $1 billion to upgrade the 760-megawatt (MW) Kainji plant and around 11 others across different countries across Africa.
The African Development Bank (AfDB) has said that Nigeria has the potential to lead lithium-ion battery manufacturing.