Wednesday, April 24, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "african development bank"

AfDB: Financing remains major constraint of speedy transformation in Africa

    AfDB: Financing remains major constraint of speedy transformation in Africa

The African Development Bank (AfDB) says financing has remained one of the major constraints of accelerated transformation in Africa. Kevin Urama, AfDB’s chief economist and vice-president for governance and knowledge management,

0 comment Read Full Article

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

0 comment Read Full Article

‘$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

0 comment Read Full Article

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

0 comment Read Full Article

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

0 comment Read Full Article

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.

0 comment Read Full Article

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

0 comment Read Full Article

AIF secured $34.8bn investment interests, says AfDB

  AIF secured $34.8bn investment interests, says AfDB

Akinwumi Adesina, president of the African Development Bank (AfDB), says the 2023 African Investment Forum (AIF) secured $34.82 billion in

0 comment Read Full Article

We’ve invested over $4bn in Nigeria for development projects, says AfDB

  We’ve invested over $4bn in Nigeria for development projects, says AfDB

Lamin Barrow, director-general (DG) of Nigeria’s country department of the African Development Bank (AfDB) says the company has invested $4.4

0 comment Read Full Article

Nigeria secures $1bn for special agro-industrial processing zones in 24 states

  Nigeria secures $1bn for special agro-industrial processing zones in 24 states

The federal government has secured a $1 billion investment for special agro-industrial processing zones in 24 states of Nigeria. This

0 comment Read Full Article
1 2 3 5
error: Content is protected from copying.