The NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor special fund hosted by the African Development Bank (AfDB), continues to advance Africa’s infrastructure and integration ambitions.
The Special Agro-Industrial Processing Zones Nigeria project has secured investment interests to the tune of over $2.2 billion at the just concluded Africa Investment Forum in Rabat, Morocco.
The African Development Bank (AfDB) has offered strategic recommendations for Nigeria and other African nations to address escalating debt burdens and foreign exchange challenges.
The $15.6 billion Abidjan-Lagos Corridor Highway, a landmark initiative aimed at enhancing trade and fostering regional integration in West Africa, will require approximately $6.8 billion in private-sector funding.
The African Development Bank (AfDB) is now accepting applications for its 2025 Internship Program, offering students a chance to gain practical and professional experience within one of the financial institutions in Africa.
The Federal Government of Nigeria has secured $350 million from the African Development Bank (AfDB) to fund the construction of the Kano-Maradi rail project, which will connect Kano to Maradi in Niger Republic.
President of the African Development Bank, Akinwumi Adesina, has challenged those accusing Aliko Dangote of trying to monopolize the oil industry to establish their own refineries in Nigeria instead of importing petrol and diesel from abroad
Leaders of the Group of 7(G7) countries held a meeting with Italian and United States private sector representatives resulting in a $420-million-dollar investment commitment towards African countries.
About 34.3% of Nigerian workers, aged 15 and older, are working poor, living below the poverty line despite being employed.
The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters, as development banks face increasing pressure to find new ways to boost their lending.
A wave of entrepreneurial vitality is sweeping the African continent, with more people daring to establish and nurture enterprises within and across the continent.
African Development Bank (ADfB) has commenced the first phase of the disbursement of $540 million Agro-Industrial Funds for the development of Special Agro-Industrial Processing Zones (SAPZs) in the country.