AfDB

May 27, (THEWILL) — Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has been appointed by the African Development Bank Group to champion its $7 billion Integrated Aviation Transformation Programme for Africa (IATP), in what the bank described...

May 30, (THEWILL) – President Bola Tinubu has welcomed the election of Dr. Sidi Tah as the ninth President of the African Development Bank (AfDB). In a telephone conversation on Thursday with Mauritanian President Mohamed El Ghazouani, Tinubu congratulated Tah...

May 29, (THEWILL) – The African Development Bank (AfDB) Group has elected Sidi Ould Tah of Mauritania as its new president. Tah was elected on Thursday, at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire, by the Bank’s Board...

May 28, (THEWILL) – On May 29, 2025, shareholders of the African Development Bank (AfDB) will elect a new President. Such transitions are not uncommon, but there are pivotal moments in the life of an institution when leadership selection...

May 02, (THEWILL) – The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, pledging approximately $650 million annually from 2025 to 2030 to support economic transformation, strengthen resilience, and promote inclusive growth. In a...

December 19, (THEWILL) - United Bank for Africa Plc (UBA), a pan-African financial services group, led by Nigerian businessman, Tony Elumelu, has secured a $175 million facility from the Africa Development Bank (AfDB) Group. The facility comprises a $100 million...

November 08, (THEWILL) - The African Development Bank (AfDB), says the Abidjan-Lagos highway corridor has secured 15.5 billion dollars’ investment interest. Dr Akinwumi Adesina, President of the bank disclosed this while welcoming participants at the 2023 Africa Investment Forum...

October 23, (THEWILL) - Nigeria's Vice President, Kashim Shettima, will meet with the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, at the World Food Prize Foundation’s Norman E. Borlaug International Dialogue in Des Moines, Iowa, USA,...

September 26, (THEWILL) – The African Development Bank (AfDB) and the Bureau of Public Procurement (BPP) have entered a partnership to strengthen the ongoing "Reform in Energy Sector" to improve productivity and add value to the economy. A statement...

September 4, (THEWILL) – The President, African Development Bank (AfDB), Akinwunmi Adesina, has revealed plans for a $1 billion climate adaptation initiative aimed at African youths. The project is in collaboration with the Global Centre on Adaptation. This announcement...