Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to support Micro Small and Medium Enterprises(MSMEs), especially technology-based ones with 500 million dollars in NigeriaContinue Reading
House of Representatives committee investigating the status of recovered loot, questioned the Minister of Finance and the Accountant General of the Federation on the transfer of N19 billion to the African Development Bank (AFDB), ‘without due process’.Continue Reading
AfDB’s president, Akinwumi Adesinasaid the fund provided to Nigeria will help the country transform from a net fertilizer importing country to a fertilizer exporting nation, adding that the fund would be shared among Senegal, Gabon, Mali, Sudan and Nigeria.Continue Reading
The AfDB said in a statement on Wednesday that the annual three-day investment marketplace was initially scheduled for November 2020 in Johannesburg, South Africa.Continue Reading
Nigeria's food processing sub-sector is responsible for at least half of all manufacturing jobs in the country, a new report by the FAO says.Continue Reading
The position paper, titled: “Embedding Nutrition within the COVID-19 Response and Recovery”, was sent to African member states by King Letsie III of the Kingdom of Lesotho, an ALN “Nutrition Champion”.Continue Reading
The election took place today at the virtual annual general meeting of the bank, after some months long storm over alleged corruption and poor governance that ended after he was cleared in an independent probe.Continue Reading
NEWSMAN, Abidjan – The Board of Directors of the African Development Bank has approved a EUR 88 million loan to Cameroon as direct budget support to finance the country’s COVID-19 crisis response, a statement said Monday. The loan, to the country’s COVID-19 Crisis Response Budget Support Programme (PABRC), falls under the framework of the Bank’s […]Continue Reading
"There has always been behind-the-scenes manoeuvering when there are elections for president of the AfDB, but to have a public controversy on this scale is unheard-of," said a diplomatic observer.Continue Reading
