AfDB’s Akinwumi Adesina speaks on accelerating Africa’s industrialisation
This year’s theme of the annual meetings of the African development bank focuses on accelerating Africa’s industrialisation.
Winners emerge in Shelter Afrique’s $100,000 competition
The Pan-African housing financier dealing exclusively with the promotion of affordable housing - Shelter Afrique has officially announced the winners of its 5000 for 5000 Housing Competition.
Why Africa is the place to be, by AfDB’s President
It’s actually great, I was in Michigan state university in the united states where on the 4th of this month, they conferred me with a honorary doctorate of agriculture which was a great honour and I told him that I did my Phd at Purdue university even though I was admitted at Michigan state university....
AfDB to support Nigeria, others to boost development in Africa
The African Development Bank (AfDB) plans to support Nigeria, Senegal, Ethiopia, Morrocco and Algeria with industrial policies to boost development in Africa.
Borno seeks PCNI, UNDP, AfDB interventions on roads, housing
Governor Kashim Shettima of Borno State has called on the United Nations Development Programme (UNDP), African Development Bank (AfDB) and the Presidential Committee on Northeast Initiative...
AfDB expresses worry over yearly loss of $50b to illicit financial flows
The African Development Bank (AfDB) has expressed worry over yearly loss of over $50 billion to trade malpractices, abusive transfer pricing, criminality, corruption and outright theft of natural resources in Africa. It said that if the trend is not curtailed, it could have serious financial crises, austerity and widespread poverty for the people. The Senior…
NBA launches $300m AfDB fund for Niger Basin
The Niger Basin Authority (NBA) has launched a 300-million-dollar fund with the African Development Bank (AfDB) for technical and environmental studies to protect the basin from the consequences of climate change.
AfDB strategises towards provision of power to rural communities
The African Development Bank has said that it would continue to support Nigeria’s Power Sector Recovery Program (PSRP) through the provision of technical intervention and addressing governance issues to ensure full implement of the programme. The bank therefore undertaken a mission to hold further discussions on Nigeria’s PSRP with several stakeholders in Abuja recently. The…
AfDB mulls plans for Africa’s $170 billion infrastructure fund
The African Development Bank (AfDB) has said it is in talks with its Governors to unravel strategies that are effective and efficient in closing Africa’s $170 billion infrastructure investment gap. The bank also canvassed for support among its East and North African Governors on the need for urgent measures to match the continent’s growing population…
Adesina seeks American support to boost agriculture in Africa
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa’s agriculture potential.