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Tag "AFDB"

AfDB to mobilise finance to rehabilitate Lake Chad Basin

    AfDB to mobilise finance to rehabilitate Lake Chad Basin

The African Development Bank (AfDB) and the Lake Chad Basin Commission have signed a memorandum of understanding (MoU) to rehabilitate and restore the Lake Chad Basin. In a statement on

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Nigeria absent as AfDB projects ‘strong economic performance’ for 11 African countries

    Nigeria absent as AfDB projects ‘strong economic performance’ for 11 African countries

The African Development Bank (AfDB) has projected that Nigeria’s economy will grow to 2.9 percent in 2024 and rise to 3.7 percent in 2025. AfDB also said the continent’s economy

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‘$540m raised’ — AfDB to fund 7 states for agro-industrial processing zones

    ‘$540m raised’ — AfDB to fund 7 states for agro-industrial processing zones

The African Development Bank (AfDB) says it will commence the disbursement of funds to the first batch of states for the development of special agro-industrial processing zones (SAPZs). The disbursement

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FG, AfDB to roll out $617m to support digital, creative enterprises

    FG, AfDB to roll out $617m to support digital, creative enterprises

The federal government in collaboration with the African Development Bank (AfDB) is set to roll out a $617 million investment in digital and creative enterprises (IDICE) fund. IDICE is an

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AfDB partners Enugu to finance infrastructure, power projects

  AfDB partners Enugu to finance infrastructure, power projects

The African Development Bank (AfDB) has pledged to partner with Enugu in the areas of investment, infrastructure, and other projects

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Akinwumi Adesina: Africa vulnerable to commodity price volatility

  Akinwumi Adesina: Africa vulnerable to commodity price volatility

Akinwumi Adesina, president of the African Development Bank (AfDB), says Africa is highly vulnerable to commodity price volatility. According to

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AfDB partners int’l development finance institutions to promote green bond markets in Africa

  AfDB partners int’l development finance institutions to promote green bond markets in Africa

The African Development Bank (AfDB) Group says it signed a partnership agreement with the coalition of development finance institutions to

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AfDB reviews Africa’s 2024 economic growth forecast to 3.8% — down from 4.3%

  AfDB reviews Africa’s 2024 economic growth forecast to 3.8% — down from 4.3%

The African Development Bank (AfDB) has revised its 2024 economic growth forecast for Africa to 3.8 percent, from 4.3 percent.

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‘To develop infrastructure’ — AfDB approves $80m loan for Ekiti Knowledge Zone

  ‘To develop infrastructure’ — AfDB approves $80m loan for Ekiti Knowledge Zone

The African Development Bank (AfFB) Group says it has approved an $80 million loan to finance the Ekiti Knowledge Zone

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FEC okays $1bn loan from AfDB for budget support

  FEC okays $1bn loan from AfDB for budget support

Wale Edun, minister of finance and coordinating minister of the economy, says the federal executive council (FEC) has approved a

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