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AFRICAN DEVELOPMENT BANK
Nigeria’s public debt stock rose to N25.7 trillion in June 2019 and the payment for servicing the debt continues to be a major source of concern.
The African Development Bank (AfDB) has approved the funding for the power project that the Federal Government applied for in May, this year.
The African Development Bank (AfDB) has agreed a $250 million trade financing deal with ABSA,
Dr Akinwumi Adesina has said that transactions worth $40.1 billion have been secured at the second edition of the African Investment Forum.
Deals worth $67 billion would be sealed at the African Investment Forum, according to Dr Akinwumi Adesina, the President, AfDB.
The African Development Bank (AFDB) has authorized the bank to increase its capital base to a record-breaking $208 billion.
The President of African Development Bank (AfDB), Akinwunmi Adesina has been nominated for a second term by President Muhammadu Buhari.
AfDB has developed the Women’s Financing Index to track African countries that give women priority in loan disbursement.
The African Development Bank (AfDB) has approved the sum of $500,000 grant for the provision of clean energy in Nigeria.
The Federal Government has negotiated with States Governors on the initially planned bulk deductions of bail-out funds.
In order to boost fertilizer value chain in Nigeria and Tanzania, the AfDB and AFAP, have both inked a deal valued at $5.4 million.
Nigeria dominated the maiden edition of African Investment Forum as West African region grossed the highest value in deals. A report by the @AfDB_Group has shown the country cart home major share of the $13.1 billion investment secured by the region.