African Development Bank

Over US$17 billion in financing has been pledged by a unification of multilateral development banks and development partners to address rising hunger on the African continent and to improve food security.These funds were donated on the…

The Nigerian Youth Parliament (NYP) has called on the Board of Governors, African Development Bank (AfDB), to ensure no compromise and bias in the probe of AfDB President, Dr Akinwumi Adesina. SEE ALSO: Afreximbank Partners International…

The Bureau of the Boards of Governors of the African Development Bank (AfDB) has authorised an independent review of the report of ethics committee of the boards of the Directors and submission made by Dr Akinwumi Adesina, President of…

President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank (AfDB).SEE ALSO: George Floyd Protests Continue to Spread Across the United…

The African Public Relations Association (APRA) has frowned at what it called undue interference in the ongoing investigations of the President of the African Development Bank (AfDB) Dr Akinwunmi Adesina. SEE ALSO: Badagry West LCDA…

The African Development Bank’s board decided to order a new independent probe of its president, Akinwumi Adesina after U.S. Treasury Secretary Steven Mnuchin rejected an internal investigation that cleared him of allegations of favoritism.…

The African Development Bank (AfDB) Group says accelerated global health and economic effort are the actions needed to be able to overcome the coronavirus pandemic in the continent.SEE ALSO: Buhari will complete projects in southeast…

The African Development Bank (AfDB) says Nigeria is making progress in rice production and processing.SEE ALSO: Lockdown: Ogun FRSC Commends Motorists Over ComplianceMr Ebrima FAAL, Senior Country Director of the bank, stated…

Dr Akinwumi Adesina, President, African Development Bank (AfDB), says he will continue to discharge his responsibility diligently to lead bank’s bold mission for Africa’s accelerated development.In a statement he made available…

The Board of Directors of the African Development Bank (www.AfDB.org) on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are…

The African Development Bank (AfDB) has announced health and safety measures to help prevent the spread of the coronavirus in country’s where it has a presence, including its headquarters in Abidjan.In a statement released by…

The Abia Government on Wednesday solicited the support and collaboration of African Development Bank (AfDB) on job creation to better the lives of its people.SEE ALSO: 'I try to Resist Shedding Tears While Distributing Relief…

The Federal Government says it is collaborating with the African Development Bank (AfDB) to  promote and develop Special Agro-Industrial Processing Zones (SAPZS) across the country. SEE ALSO: Lagos Govt. acquires 84 hectares of land in…

The African Development Bank’s (AfDB) Economic Outlook 2020 for the continent had been lauded for being an effective blueprint for addressing the continent’s human capacity gap.SEE ALSO: Buhari Advocates Stringent Actions Against…

The Board of Directors of the African Development Bank Group (https://www.AfDB.org) has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower…

The African Development Bank (AfDB), says its portfolio investments in the Economic Community of West African States (ECOWAS) region is 20 billion dollars.This is contained in a statement released by the bank’s Communication…

“There is no greater asset to Africa than its youth,” a statement that has been repeatedly proclaimed, but the continent still has a long way to go. Despite robust economic growth over the past two decades, a 1 percent increase in growth…

The multi-million dollar agreement is a milestone for the Bank-convened Africa Investment ForumThe agreement is a turning point for scaling up the cocoa value chain – President Nana Addo Dankwa Akufo-Addo of Ghana; Ghana is…

The Federal Government on Thursday stressed the need for mobilisation of domestic savings and foreign capital to finance the country’s needs in infrastructure, agriculture, housing SMEs and other services.Prof. Yemi…

African Development Bank Group and other international bodies have debarredLutoyilex Construct Limited, a construction company registered in Nigeria, from bidding for contracts for perpetrating fraud.The AfDB sanction was…

In partnership with the African Development Bank (AfDB.org), Korea is ready to step up technology transfers to Africa, officials said in Seoul today.Speaking at a meeting on potential technology partnerships between Korea and Africa,…

The African Development Bank (AfDB) a.k.a Banque Africaine de Développement (BAD) has announced plans to increase its loans to Nigeria by over $2 billion next year in investments related to the energy, infrastructure and agriculture…