Tag: African Development Bank (AfDB)
AfDB signs $50m agreement with Natixis
The African Development Bank (AfDB) has signed a 50 million dollars Risk Participation Agreement (RPA) with investment and corporate bank…
Northeast: AfDB invests $258m on rehabilitation of damaged infrastructures
The African Development Bank (AfDB) has so far invested 258 million dollars towards the rehabilitation of damaged infrastructural facilities in…
Infrastructure: Africa needs $170bn annually – AfDB
The African Development Bank (AfDB) says Africa needs about 170 billion dollars annually to meet its infrastructure requirement.
AfDB to partner with institute to develop industry-led research in Africa
The African Development Bank (AfDB) and the African Institute of Mathematics and Sciences (AIMS) are now in a landmark relationship…
Southern African governors task AfDB on Africa’s economic development
The Southern African Governors of the African Development Bank (AfDB) have called on the bank to lead the way to…
Electricity: AfDB to spend $711m in Nigeria
The African Development Bank (AfDB) on Friday said it would invest 711.5 million dollars in some projects in the country…
AfDB to partner with Nigeria in power sector recovery program
The African Development Bank (AfDB) says it will support Nigeria’s Power Sector Recovery Programme (PSRP) in three areas.
AfDB achieves highest annual disbursement in 2017 – Adesina
The President of African Development Bank (AfDB), Dr Akinwumi Adesina, said that the Bank, 2017, achieved its highest annual disbursement…
AfDB disburses $600m budget support to Nigerian Govt during economic recession
The Minister of Finance, Mrs Kemi Adeosun, said that African Development Bank (AfDB) disbursed a budget support of 600 million…
AfDB makes power sector top priority in 2018
Mr Ebrima Faal, the Country Director, African Development Bank (AfDB), said that the bank would focus mostly on power sector…
Global aviation: Africa accounts for 37% fatalities, 9% accidents
President, African Development Bank (AfDB), Dr Akinwumi Adesina says the African aviation sector accounts for about nine per cent of…
AfDB to invest $12bn in Africa’s power sector
President, African Development Bank (AfDB), Dr Akinwumi Adesina says the bank would invest 12 billion dollars in the power sector…
AfDB to support Nigeria to access Crop Insurance
The African Development Bank (AfDB) has announced plans to support Nigeria to access Crop Insurance, to mitigate the impact of…
AfDB to invest $24bn in agriculture – Adesina
The African Development Bank (AfDB) says the bank will invest 24 billion dollars in agriculture over the next 10 years…
Africa spends $35bn annually on food imports – AfDB
The President of African Development Bank (AfDB), Dr Akinwumi Adesina, said that Africa was spending 35 billion dollars annually on…