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Tag "african development bank"

AfDB announces $10bn COVID-19 facility for member countries

    AfDB announces $10bn COVID-19 facility for member countries

The African Development Bank (AfDB) Group has announced a $10 billion COVID-19 response facility to assist regional member countries to fight the pandemic. The bank said the facility is the

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PwC: Nigeria experiencing jobless growth

    PwC: Nigeria experiencing jobless growth

A new report by Pricewaterhouse Cooper says the job creation has not been growing despite the growth experienced by the economy. The report, which was published on Friday, is titled

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AFDB: West Africa’s economy growing — but it is jobless growth

    AFDB: West Africa’s economy growing — but it is jobless growth

The African Development Bank (AFDB) says the growth experienced by West African countries is “jobless growth” as it has not resulted in the creation of jobs. In the African Economic

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Adeosun: AfDB provided us with $1bn support during recession

    Adeosun: AfDB provided us with $1bn support during recession

Kemi Adeosun, minister of finance, says the African Development Bank (AfDB) provided $1 billion for Nigeria in 2016 when the economy was in a recession. The minister made this known

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AfDB launches youth advisory group to create 25 million jobs

  AfDB launches youth advisory group to create 25 million jobs

The African Development Bank has launched the presidential youth advisory group (PYAG) to provide insights and solutions for job creation

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Nigeria ‘needs about $14bn yearly’ to fund infrastructure

  Nigeria ‘needs about $14bn yearly’ to fund infrastructure

Nigeria needs about $14 billion every year to fund infrastructure, Ngozi Okonjo-Iweala, coordinating minister of the economy and minister of

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Dangote gets $300m AfDB loan for crude oil, fertilizer

  Dangote gets $300m AfDB loan for crude oil, fertilizer

The board of directors of the African Development Bank (AfDB) has approved a $300 million loan facility for Dangote Group

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Political unrest undermining Africa, says AfDB

  Political unrest undermining Africa, says AfDB

The African Development Bank (AfDB) has lamented that political and social unrest in some African nations is tainting investors’ views

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