AfDB

May 21, (THEWILL) - The African Development Bank has approved a $1.5 billion emergency food production facility for about 20 million farmers in Africa. The fund is expected to help avoid a looming food crisis exacerbated by the war between...

May 06, (THEWILL) - The African Development Bank (AfDB), has secured $15.6 billion investment for the construction of the Lagos-Abidjan highway. President of the bank, Dr Akinwumi Adesina, who made this known in a tweet on Friday, said the investment...

April 27, (THEWILL) - The African Development Bank (AfDB) will support Nigeria to develop Special Agro-Industrial Processing Zones, as part of the quest for food security in the country. President of the Bank and a former Minister of Agriculture in Nigeria,...

December 19, (THEWILL) - The President of the African Development Bank(AfDB), Dr Akinwunmi Adesina, has said that the bank will loan $210 million to Nigeria for special agro-industrial processing zones across the country. The loan, approved by the bank’s Board...

October 11, (THEWILL) - The African Development Bank (AfDB)  has expressed concerns over  Nigeria’s  73% debt service to revenue ratio. Speaking at the opening of the two-day Mid-term Ministerial Performance Review Retreat at the Presidential Villa on Monday in Abuja,...

BEVERLY HILLS, March 17, (THEWILL) - President Muhammadu Buhari has approved the appointment of Dr. Oyebode Oyetunde as Executive Director representing Nigeria at the African Development Bank (AfDB) in Abidjan, Cote D’Ivoire. The President’s Senior Special Assistant on Media and Publicity,...

BEVERLY HILL, January 15, (THEWILL) -  Africa’s war against desertification has received a boost with a donation of $25.5 billion coming from the World Bank, Africa Development Bank (AfDB) and the government of France. The donors are supporting the 8,000-kilometre-long Great...

BEVERLY HILL, January 15, (THEWILL) - Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years. Akinwumi Adesina, AfDB President, who disclosed this at the...

BEVERLY HILLS, December 20, (THEWILL) - The 2021 Borrowing Programme of the African Development Bank (AfDB) has been approved by the Board of Directors for up to $10.4 billion to be raised from capital markets. This programme will allow the...