Tag: AfDB
Mission 300 Lights Up Africa: 50 million gain electricity in two years
In January 2025, former AfDB President Akinwumi Adesina announced that the AfDB and the World Bank Group would jointly commit…
REVEALED: Shocking reasons Nigerian businesses can’t get loans from banks
Nigeria’s banks provide loans to businesses worth only 9.4% of the country’s Gross Domestic Product (GDP), according to the African…
North-East leads as AfDB projects hit $6.2bn in Nigeria
The North-East region received the highest share of African Development Bank (AfDB)-funded projects in Nigeria in 2025, while projects in…
AfDB 9th President Sidi Ould Tah takes oath of office in Abidjan
Tah, at exactly 12:05 GMT took the oath of office before the Bank’s governors- Ministers of Finance and Central Bank…
World Food Prize Foundation appoints Adesina to Advisory Council
Adesina is an agriculture expert and a globally recognised Development Economist who received the 2017 World Food Prize for his…
Adesina’s legacy source of pride for Africa — Okonjo-Iweala
Okonjo-Iweala commended Adesina for what she called a decade of transformative leadership that significantly elevated the Bank’s standing and contributed…
AfDB’s Adesina excited as Kaduna blazes the trail in launch of SAPZ
Adesina spoke during a courtesy call at Sir Kashim Ibrahim House on Tuesday. The AfDB President praised Gov. Uba Sani’s…
I didn’t say I will run for presidency of Nigeria – AfDB’s Adesina
Adesina, a former Minister of Agriculture in Nigeria, said this in reaction to publications in some Nigerian newspapers indicating that…
AfDB calls for more efforts to boost food production in Nigeria
Speaking at the inauguration of a soybean plant and refinery by CSS Global Integrated Farms in Gora, Nasarawa State, on…
Purple Rail Line: AfDB team visits Lagos
The visit follows a recent pitch for investment on 60-kilometre Lagos Rail Mass Transit (LRMT) Purple Line at the African…
Nigeria must fix power supply – AfDB Director
Shonibare noted that Nigeria has the potential to become a manufacturing hub for West Africa and possibly all of Africa…
Africa likely to increase debt service in 2024 – Irish President
He made these comments during the 2024 Kofi Annan Eminent Speakers Lecture in Abidjan, hosted by the African Development Bank…
AfDB names Kennedy Mbekeani as new Director General for East Africa
Before joining the Bank, Mbekeani worked for the United Nations Development Programme as a trade, debt and globalisation advisor for…
AfDB invests $10.9bn in Nigeria
Barrow said the AfDB’s President, Dr Akinwumi Adesina, upon assumption of office eight years ago, prioritised the High 5–of Power,…
Food Security: AfDB, BUK partner on climate adaption, entrepreneurship partnership
“In our immediate environment, we are working with 22 adopted communities, we also work across the dry lands of Nigeria,…