AFDB
9 Sep 2023
The African Development Bank(AfDB) has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) to insulate countries against catastrophic weather-related events.
7 Sep 2023
President of African Development Bank (AfDB), Dr. Akinwumi Adesina, has announced a new $1 billion fund to accelerate climate financing for Africa's youth businesses.
4 Sep 2023
Enugu was a strategic city in the post-colonial economy of Nigeria. But with the deprivation of the last few decades, the city lost its vigour.
10 Aug 2023
West Africa experienced slower economic growth in 2023, except for Cape Verde, The Gambia, Guinea, Mali, and Niger, said African Development Bank (AfDB). The bank disclosed this in its 2023 West Africa Economic Outlook report, which was released in Abuja, yesterday.
23 Jul 2023
I wish the new authorities in Abuja would listen to the many voices of reason and wisdom, which continue to pour in at this time that photo opportunities should be frozen immediately.
14 Jul 2023
The African Development Bank (AfDB) said Nigeria loses $29 billion due to poor power supply annually while manufacturers in the country spend as much as N10.1 trillion on energy. AfDB president Dr. Akinwumi Adesina made this disclosure on Thursday as he raised concerns over the epileptic power supply in Nigeria while calling for an industrial…
14 Jul 2023
Reeling out data from across the world on how export has changed the fate of economies, President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, urged Nigeria to dump the layback economic models and survival mode ...
11 Jul 2023
African Development Bank (AfDB) has criticised Nigeria’s decision to concentrate on import substitution model, instead of creating wealth through export market development and product diversification.
3 Jul 2023
The African Development Bank Group (AfDB) has approved a loan of $115 million for Abia State for road rehabilitation, erosion control, and solid waste management. AfDB's board of directors in a statement said that the project will create permanent jobs, especially for the youth. “With an estimated population of 553,000 and 814,000 respectively (2022 estimates),…
3 Jul 2023
Subsidy removal on Premium Motor Spirit (PMS) and the jostle towards right pricing of electricity may have triggered a major shift in the pattern of energy consumption, with about 75 per cent of households now exploring solar as their alternative sources of energy.
3 Jul 2023
Board of Directors of the African Development Bank (AfDB) Group has approved a $115 million loan for Abia State to rehabilitate roads, manage erosion and solid waste in Umuahia and Aba.
30 Jun 2023
President Bola Tinubu would be remembered for reversing the traditions. In stark deviance to what his predecessor, Muhammadu Buhari, was known for in his eight years of leadership, he did not only hit the ground running, but also turned the conventional inauguration speech into a policy statement.