To fix this and break this cycle of dependence, the African Development Bank launched a $3 billion facility to support the development of local pharmaceutical companies in Africa.

Africa is a baffling continent sitting on mounds of paradoxes. The paradox of rich but poor continent is a familiar theme.

ADB • Ministers, leaders chart new path for urbanisation,climate change • As COP28 mobilises over $57b, NNPC seals LNG deal The African Development Bank has advocated that African countries should be exempted from a plan by the European Union to impose a carbon tax on some imports. Under the EU's Carbon Border Adjustment Mechanism (CBAM),…

Our support to Ethiopia helped it achieve self-sufficiency in wheat within four years, turning it into a wheat exporting nation. To replicate global success, the African Development Bank helped organise the Feed Africa summit in January, which attracted 34 heads of state and government.

It is an honour and a pleasure to join you today to celebrate the 40th anniversary of what I consider to be one of Nigeria’s, and indeed Africa’s, finest newspapers.

Seven newly elected Nigerian Governors visited the African Development Bank (AfDB) Group President, Akinwumi Adesina, in Abidjan to strengthen cooperation and unlock the country’s vast agricultural potential.[ad]A statement issued by the Bank on Saturday, said the delegation was led by Katsina State Governor Dikko Radda.

Zamfara State Governor, Dauda Lawal, is among seven Northwest governors who are expected to depart Nigeria on Wednesday for Abidjan, Côte d’Ivoire, for a meeting on utilising the Special Agro-Industrialization Programme of the African Development Bank (AfDB). The other governors are those of Sokoto, Jigawa, Kaduna, Katsina, Kano and Kebbi states. A press statement issued…

• Says 23 states have indicated interest The African Development Bank (AfDB) has disclosed plans to commence the phase II of the Staple Crop Processing Zone project (SCPZ). The Director General of AfDB, Lamin Barrow, who revealed this during the inception workshop of the SCPZ in Abuja, said owing to the success of the first…

The West African Capital Markets Integration (WACMI), has announced a minimum capital standard of $500,000 for broker/dealers that intends to trade across the West African region.

Rising from the just-concluded Summit for a New Global Financing Pact in France, World leaders have praised the African Development Bank (AfDB) for developing a practical roadmap for easing the debt burden for low-income countries and freeing up funds for climate needs

African Development Bank (AfDB), yesterday, rallied the private sector investors and various governments to opportunities in the green growth infrastructure, for sustainable development in Nigeria and other African countries.

The initiative, with investments totalling $618m, will attract direct investments in more than 200 technology and creative start-ups and provide non-financial services to about 450 digital technology, small and medium enterprises.