AFDB
1 Mar
The President of the African Development Bank (AfDB), Mr Akinwumi Adesina, has identified youth unemployment and poverty as the factors driving insecurity and migration on the continent.
1 Mar
The African Development Bank Group (AfDB) said Nigeria and the entire Africa could produce between 30 to 60 million tonnes of green hydrogen yearly by 2050, out of which 20 to 40 million tonnes could be exported as pure hydrogen, ammonia and synthetic fuels.
28 Feb
President of African Development Bank Group (ADB), Dr Akinwumi Adesina, has been announced the fourth recipient of the Obafemi Awolowo Prize for Leadership.
25 Feb
The Japanese Vice Minister of Finance, International Affairs, Masato Kanda has reiterated the continued commitment of his country to partnering with the African Development Bank (AfDB).
22 Feb
African Development Bank (AfDB) has said Nigeria and Ghana will likely experience slowest economic growth in 2024 when compared to their countries in the West African region.
20 Feb
... Uzoka-Anite seeks cheaper energy for manufacturers African Development Bank (AFDB) and Shell Petroleum Development Company (SPDC)-Nigeria have expressed willingness to invest in the Nigerian Gas Infrastructure. The commitment was extracted by Dr. Doris Uzoka-Anite, Honourable Minister of Industry, Trade and Investments, in two separate meetings in furtherance of her goal of attracting funding to…
19 Feb
Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank (AfDB) Group said in its latest Macroeconomic Performance and Outlook (MEO).
17 Feb
The Honourable Minister of Industry, Trade and Investment (FMITI), Dr. Doris Uzoka-Anite has applauded African Development Bank (AfDB) for its industrial initiatives and support for economic empowerment. This was at a courtesy visit by a delegation of AfDB led by Vice-President for Private Sector, Infrastructure & Industrialisation, Mr. Solomon Quaynor. The meeting centred on discussions…
6 Feb
The African Development Bank (AfDB) is set to disburse $540 million to kickstart the development of Special Agro-Industrial Processing Zones (SAPZs) in Nigeria. This initiative comes amidst calls for action from Vice President Kashim Shettima, who urged the government and its development partners to translate words into action. AfDB's spokesperson, Banji Oyelaran-Oyeyinka, disclosed this on…
5 Feb
On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a new Financial Framework Partnership Agreement to boost investments in infrastructure projects in Africa.
1 Feb
The African Development Bank (AfDB) has successfully launched and priced its first sustainable dollar-denominated 750 million perpetual subordinated hybrid capital notes.
5 Jan
The stark possibility of Africa remaining a permanently underdeveloped and poverty-afflicted continent has always manifested in the running of affairs of the continent from the prisms of many countries; and the picture lately presented by the President of African Development Bank Group...
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17 mins ago
US far-right conspiracy website Gateway Pundit is filing for bankruptcy, its founder said Wednesday, as it battles a string of lawsuits alleging it promoted misinformation related to the 2020 election.
35 mins ago
Honduras is experiencing a femicide "emergency," a United Nations official warned Wednesday, with at least 66 women murdered so far this year according to activists.
46 mins ago
The widespread use of alcohol and e-cigarettes among adolescents is "alarming", according to a report released on Thursday by the World Health Organization's (WHO) European branch, which recommended measures to limit access.
4 hours ago
Despite the exodus of university teachers and attendant shortage of manpower in public universities nationwide, the non-retention policy of the Federal Government has caused over 5,032 first-class graduates to languish in the job market and far away from the tertiary institutions that erstwhile retained them.
4 hours ago
As the whereabouts of former Kogi State governor, Yahaya Bello, remain unknown a week after he was declared wanted by the Economic and Financial Crimes Commission (EFCC) and placed on a watch-list by the Nigeria Immigration Service (NIS)
4 hours ago
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
4 hours ago
As Nigeria joins the rest of the world to mark the 2024 World Malaria Day, the progress in national malaria control is being threatened by the continued rising cost of anti-malaria drugs, which have gone beyond the reach of many Nigerians.
4 hours ago
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
4 hours ago
Ahead of May Day next week, workers are demanding a country that works for all and not just for some privileged few.