Global investors mull $67b projects for Africa in 2020
Adesina, Oramah clear air on Nigeria’s border closure Ghana signs $2.5b sky train deal African countries will next year host projects worth $67 billion in critical sectors spanning energy, agriculture, housing, rail and telecoms infrastructure among others. President of the African Development Bank, Dr Akinwunmi Adesina, who disclosed this at the opening press conference of…
Buhari nominates Adesina for second term at AfDB
President Muhammadu Buhari has nominated Dr. Akinwunmi Adesina for a second term in office as president of the African Development Bank (AfDB).Adesina, who was Minister of Agriculture and Rural Development ...
Coding holds key to unlocking Africa’s $300b Internet revenue
With research showing that if governments harness the full economic potential of the Internet, Africa could add $300 billion to its Gross Domestic Product (GDP) by 2025, the President of the African Development Bank (AfDB), Akinwunmi Adesina, and other experts have charged Africans to embrace technology. According to them, with 70 per cent of all…
Onu tasks Adesina on Africa’s development
Minister of Science and Technology, Dr. Ogbonnaya Onu, has tasked the President of Africa Development Bank (AfDB), Dr. Akinwunmi Adesina, to work harder in solving the developmental challenges facing Africa.
AfDB signs into $1b private sector-led facility
Nigeria may be in for a fresh financing of its infrastructure projects, courtesy of the African Development Bank (AfDB), as the lender signed into a $1 billion Multi-Lateral Development Bank and private sector investors' facility, tagged Room2Run.
Akinwunmi Adesina: The Agricultural Transformer
Akinwunmi Adesina was born to a farmer in Oyo state in 1960. Known for his history of breaking records, he graduated with a first class in Agricultural Economics from the Obafemi Awolowo University in 1981. By 1988, he had earned his PhD in the same course at Purdue University, US. An exemplary pacesetter, his Thesis…
AfDB seeks increased funding for Africa’s development projects
The Africa Development Bank (AfDB) has called on its partners and shareholders, particularly the Ministers and Governors of the Bank from West and Central Africa, to see to the success of its General Capital Increase.
African economy on growth path, says Adesina
African Development Bank (AfDB) has described economies of the African countries as resilient and on the growth path, despite the global economic headwinds, climate and regional shocks in 2017.