Tag: African Development Bank
Nigeria’s SAPZ project gets $700m boost from AfDB, IFAD
The African Development Bank (AfDP and the International Fund for Agricultural Development (IFAD) have pledged to support Nigeria’s Special Agro-Industrial Processing Zones (SAPZ) project...
Gowon’s alleged corruption: AfDB president Adesina warns against misinformation
The President of the African Development Bank, Dr Akinwumi Adesina, has warned against misinformation about former military head of state, Gen. Yakubu Gowon after...
Obasanjo commends Buhari, others for standing by Adesina
Former President Olusegun Obasanjo has thanked President Muhammadu Buhari, some present and past African leaders for supporting the second term re-election of the president...
Former African presidents rally around AfDB president, Adesina
Fifteen former African presidents yesterday released a joint statement backing the President of the African Development Bank (AfDB), Akinwumi Adesina, after the United States...
Nigeria approaches IMF, others for $6.9bn loan
The minister of finance, budget and national planning, Mrs. Zainab Ahmed said yesterday that Nigeria would raise about $6.050 billion from the International Monetary...
AfDB unfolds $500m plan to transit Africa to renewable energy
The president of African Development Bank (AfDB), Mr. Akinwunmi Adesina, has unfolded the bank’s $500 million green base load scheme that would scrap coal...
Special agric zones to attract N1tn investments – NGF
The Nigeria Governors’ Forum (NGF) has said that the
establishment of Special Agro-Processing Zones (SAPZs) in Nigeria has the
potential of attracting about N1.4 trillion ($4...
AfDB proposes $16b-$25b investment in agro-allied industry
African Development Bank (AfDB) has offered to mobilise
between $16b and $25b to boost investment in agro-allied sector of Nigeria’s
economy.
The bank disclosed this at a...
MSMEs funding: AfDB, Fidelity Bank sign N15.35bn agreement
The African Development Bank (AfDB) has extended a $50
million (about N15.35 billion) facility to Fidelity Bank Plc for the growth of
Micro Small and Medium...
AfDB approves $70m loan for rehabilitation of 89.91 klm road project...
The African Development Bank (AfDB) has approved a $70 million loan for a road project in Ebonyi.
The bank
said in a statement on its...
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