AfDB

July 03, (THEWILL) - The African Development Bank (AfDB) has approved a loan request of $115 million for the Abia State Government for its road rehabilitation, erosion control infrastructure projects and solid waste management. The loan request was made...

June 24, (THEWILL) - President Bola Ahmed Tinubu has welcomed an investment of $520 million in specialised agro-processing zones by the African Development Bank (AfDB). THEWILL recalls that the AfDB, with support from other development partners, had in October 2022,...

May 27, (THEWILL) - President of the African Development Bank (AfDB), Akinwumi Adesina, has cautioned the incoming administration of Bola Ahmed Tinubu, against retaining the current fuel subsidy regime. Speaking on Saturday, at the Inauguration lecture organised by the Presidential...

March 10, (THEWILL) - The African Development Bank (AfDB) has inaugurated the African Financial Integrity and Accountability Support Project (AFIAP), to improve coordinated responses to illicit financial flows in African countries. A statement issued by the Bank in Abuja on...

March 10, (THEWILL) - The African Development Bank has issued a two billion dollar, five-year Global Benchmark bond due March 14, 2028. In a statement on Thursday, AfDB said it issued the bond on March 7, 2023. It explained that that...

November 10, (THEWILL) - The African Development Bank (AfDB) says its interventions have contributed to creation of more than 440,000 jobs in Nigeria, with women and youths accounting for 60 percent. President of AfDB, Dr Akinwunmi Adesina, said this at...

November 09, (THEWILL) - The United Kingdom (UK) has pledged £200 million to the African Development Bank (AfDB) Group’s Climate Action Window. The AfDB in a statement said the window is a new mechanism set up to channel climate finance...

The African Decvelopment Bank (AfDB), the Islamic Development Bank (IsDB), and the French Development Agency (FDA) are investing $618 million in the Digital and Creative Enterprises Programme (I-DICE) in Nigeria. The President of the AfDB, Akinwumi Adesina, said this...

September 14, (THEWILL) – The African Development Bank (AfDB) has honoured Governor Dapo Abiodun of Ogun State with the Champion/Role Model recognition, ahead of the official launching of the Special Agro Processing Zone (SAPZ) nationwide. SAPZ is a project of...

August 27, (THEWILL) - The African Development Bank (AfDB), said private sector investment in Africa’s infrastructure in 2020 was $19 billion, the highest since 2016. AfDB Vice President for the Private Sector, Infrastructure and Industrialisation, Solomon Quaynor, said this at...