Japan, AfDB launch $5.5 billion Africa financing deal as Tinubu hails Nigerian troops
Japan and the African Development Bank (AfDB) have announced a $5.5 billion financing framework to accelerate sustainable growth and infrastructure ...
Tag: African Development Bank
Four financial priorities for the new President of AfDB
I am writing to share four critical insights from my analysis of AfDB’s financial statements from 2005 to 2024 and ...
Africa loses over $580 billion annually to corruption, illicit outflows — AfDB
The African Development Bank (AfDB) has said that the continent is losing more than $580 billion every year through corruption ...
AfDB commits $1.2 million for Nigeria’s battery energy storage feasibility study
The African Development Bank (AfDB) has committed $1.2 million to fund a feasibility study on Nigeria’s Battery Energy Storage System (BESS), ...
AfDB to unlock $10 billion for African farmers with new $500 million facility
African Development Bank (AfDB) Group President Dr. Akinwumi Adesina has unveiled plans for a groundbreaking $500 million facility aimed at ...
AfDB committed over $8b to water, sanitation projects across Africa
The African Development Bank (AfDB) has invested more than $8 billion in water infrastructure projects across 40 African nations since ...
AfDB announces presidential candidates ahead of May 29 election
The race to lead the African Development Bank (AfDB) has officially commenced with the release of the list of candidates ...
President Tinubu endorses launch of African Credit Rating Agency for fairer assessments
Nigerian President Bola Ahmed Tinubu has expressed strong support for the newly-launched African Credit Rating Agency (AfCRA), noting that it ...
Africa50 to unveil $500 million fund to boost off-grid power, green infrastructure in Africa
Africa50, a pan-African infrastructure investment platform, is set to launch the first region-wide investment vehicle dedicated to off-grid power companies, ...
African Development Bank and USTDA extend partnership to boost quality infrastructure
The African Development Bank (AfDB) and the U.S. Trade and Development Agency (USTDA) have extended their strategic partnership for another ...
