AFDB
12 Nov
The Africa Investment Forum (AIF), a joint vehicle of the African Development Bank (AfDB) and other seven partners, has secured a fresh $34.8 billion in investment interest for the continent.
10 Nov
President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, yesterday, charged different blocs in the continent to work together for more integration of the market, saying an integrated “a well-connected Africa will be a more competitive Africa.”
9 Nov
Again, African leaders have expressed concern over setbacks in attracting capital to the continent but promised to continue to de-risk the market, create more market-friendly policies, and proactively pitch opportunities across countries to the rest of the world.
9 Nov
Nigeria has signed a $116 million financing agreement with the French Government to support the investment in Digital and Creative Enterprises (I-DICE) programme, an initiative led by the office of Vice President, Senator Kashim Shettima.
28 Oct
African Development Bank (AfDB), Islamic Development Bank (IDB) and the International Fund for Agricultural Development have voted $1billion to deliver special agro-industrial processing zones in 24 States of Nigeria
28 Oct
The African Development Bank (AfDB), Islamic Development Bank (IDB) and the International Fund for Agricultural Development, on Thursday, hinted of voting $1b to further deliver special agro-industrial processing zones in 24 states of Nigeria.
22 Oct
Vice President Kashim Shettima has arrived in the United States of America to participate at the African Development Bank (AfDB) World Food Prize-facilitated Norman Borlaug, International Dialogue slated for Iowa.
17 Oct 2023
Notwithstanding the volatility of the foreign exchange market, the Federal Government yesterday, benchmarked its 2024 budget on a crude oil price of $73.96 per barrel and an exchange rate of N700 to the dollar, while projecting N26 trillion for the fiscal year...
5 Oct 2023
Amid rising concerns over instability across Africa and its impact on development efforts, the President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has made a call to action on prioritising investment decisions that focus....
29 Sep 2023
The African Development Bank(AfDB) Group has unveiled a country-by-country economic reportson Africa’s climate change and green growth financing needs. The aim of the report is to guide African policymakers in their discussions during the 28th United Nations(UN) Conference on Climate Change (COP 28). The bank in a statement said the global event would take place…
20 Sep 2023
Nigeria's electricity supply once again faced a significant setback, with power generation plummeting from a peak of 3,594 mega watts around 1:00a.m. yesterday to a mere 42.7MW.
15 Sep 2023
Poor management of the Transmission Company of Nigeria (TCN), especially the national electricity grid, where over $7.5 billion has been invested in the last 10 years, yesterday, led to the collapse of the system, bringing the collapse to 138 since the power sector was privatized.