African Development Bank

December 24, (THEWILL) - Consider this paradox: Nigeria has achieved the largest economy in Sub-Saharan Africa, but 45 per cent, or about 85 million, of its residents still live without electricity. Across Sub-Saharan Africa, that figure looms to 600...

October 27, (THEWILL) - The African Development Bank (AfDB), alongside the Islamic Development Bank (IDB) and the International Fund for Agricultural Development, have voted $1 billion to further deliver special agro-industrial processing zones in 24 States of Nigeria. This is...

October 15, (THEWILL) - President/CEO of the U.S. African Development Foundation (USADF) Travis Adkins will travel to Nigeria from October 16-20. His visit follows recent trips of U.S. Treasury Deputy Secretary Wally Adeyemo in September and the U.S. Under...

August 29, (THEWILL) - The Ethiopia Government and the World Bank have signed a $730 million corridor project agreement, to improve a key route between Addis Ababa and Djibouti. Ethiopia Ministry of Finance in a statement said the HoA Regional...

July 09, (THEWILL) - Nigerian fintech Interswitch is in discussions with Kenya’s Equity Bank about following the lender into the Democratic Republic of Congo (DRC), managing director Mitchell Elegbe tells The Africa Report. Discussions about following the bank into the...

The Development Bank of Nigeria (DBN) has unveiled strategies to step up its support for the micro, small and medium enterprises (MSMEs) to navigate the current troubled economy, triggered by the recent fuel and electricity subsidies removal, naira...

October 24, (THEWILL) - The African Development Bank (AfDB) has challenged Nigeria to achieve a "zero hunger" status, adding that with her vast agricultural resources, its citizens have no business being hungry. President of the bank, Akinwumi Adesina, said this...

September 22, (THEWILL) – The US Commercial Service Liaison Office to the African Development Bank (AfDB), in collaboration with the American Business Council and the African Development Bank’s Nigeria Country Department, hosted the first ever Discover AfDB-Nigeria Business Spotlight. The event,...