African Development Bank

African Development Bank

Irrigation
AGRIC BUSINESS
The Federal Government says it is expending over N5 billion on rehabilitation and expansion of irrigation schemes, construction of access roads and provision of ancillary social infrastructures in ...
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WEMA
BANKING & FINANCE
Wema Bank Plc. has signed a Line of Credit Agreement with the African Development Bank (AfDB) to grow financial support to small and medium scale businesses in Nigeria. ...
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AGRIC BUSINESS NEWSLETTER
President of the African Development Bank, AfDB, Mr Akinwumi Adesina, has expressed optimism that Africa’s food market will rise to $1 trillion by 2030 on increased American and global investments. ...
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Nigeria GDP could expand 2.5% next year - Moody's
BUSINESS & ECONOMY COVER NEWSLETTER
The African Development Bank, AfDB, has unveiled plans to up Africa’s industrial Gross Domestic Product, GDP, by 130 percent by 2025 and drive its overall GDP from $2.3 ...
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dollar
BUSINESS & ECONOMY NEWSLETTER
President of the African Development Bank, AfDB, Akinwumi Adesina has revealed that the bank grow its level of investments in Nigeria to $8billion from the present $6 billion. Adesina, who spoke at the ...
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AGRIC BUSINESS NEWSLETTER
The African Development Bank, AfDB, is set plow in $24 billion dollars in agriculture as part of its Feed Africa programme- a strategy for agricultural development in Africa. President of the ...
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EDUCATION & TRAINING NEWSLETTER
  Afe Babalola University, ABUAD, Ado Ekiti, Nigeria, has signed agreements with the African Development Bank, AfDB, has signed agreements for a corporate loan to finance the expansion ...
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FG proposes jail term for dollar hoarders
BUSINESS & ECONOMY NEWSLETTER
The African Development Bank, AfDB, on Monday, September 26, said it will support Nigeria with $1 billion facility to finance the deficits in the 2016 budget. AfDB President, Dr. ...
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small business
Entrepreneurship NEWSLETTER
The African Development Bank, AfDB and Fortis Microfinance Bank, on Tuesday, September 20, signed an agreement for a N1 billion facility to be used for lending to small and ...
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FirstBank, FSDH Secure AfDB’s $350million Loan
The African Development Bank, AfDB, has approved $350million loans to First Bank of Nigeria and FSDH Merchant Bank Nigeria to boost import-export activity of local enterprises. AfDB said the two ...
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FG proposes jail term for dollar hoarders
AGRIC BUSINESS COVER NEWSLETTER
The African Development Bank, AfDB, has approved a $9million equity investment in the Fund for Agricultural Finance in Nigeria, FAFIN, to provide expansion capital to small and medium-sized enterprises, ...
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FG proposes jail term for dollar hoarders
BANKING & FINANCE NEWSLETTER
The Board of Directors of the African Development Bank, AfDB, has given its nod of approval for $300 million and $50 million Trade Finance Loans to First Bank of ...
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local crop
AGRIC BUSINESS NEWSLETTER
The African Development Bank, AfDB, has marked down the sum of $175 million for its Agricultural Transformation Agenda Support Programme (ATASP-I) in Nigeria’s north-western states. The country director, ...
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AfDB Set to Plow $24billion Into Africa’s Agriculture
The President of African Development Bank, AfDB, Dr. Akinwumi Adesina has unveiled plans to invest about $24 billion over the next 10 years to help drive the agricultural transformation ...
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AfDB Earmarks N34.5billion for Nigeria’s Agricultural Sector Development
The African Development Bank, AfDB, has disclosed that it marked down $175 million, about N34.5 billion to improve Nigeria’s agricultural sector. AfDB Country Director, Ousmane Dore, who made ...
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“Africa Requires $70billion Infrastructure Fund Yearly” – AfDB
  The African Development Bank, AfDB, has said Africa needs between $60 and $70 billion yearly to provide infrastructure. AfDB President Akinwumi Adesina spoke at the first Global Infrastructure ...
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‘World Wastes One-third Of Its Agricultural Produce” – AfDB
The Acting Vice-President, Operations, African Development Bank, AfDB, Kapil Kapoor has stated that Africa needs to review its commitment in agriculture. Kapoor, who said the issue, would be ...
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AfDB Releases $8.2million to Develop Africa’s Real Estate
Pan-African finance institution supporting the development of the housing and real estate sector in Africa, Shelter Afrique, has received a $8.2 million boost of equity by the African Development ...
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BANKING & FINANCE
Professor Kevin Urama, who was appointed in 2013 to head the Research Lab of Swiss based investor advisor Quantum Global, has left his post to join the African ...
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AfDB Approves $8.2million Equity Participation to Boost Housing
The African Development Bank, AfDB, over the weekend, approved $8.2million equity investment in Africa’s housing and habitat company, Shelter Afrique, to fortify its balance sheet and help it achieve ...
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