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The African Development Bank (AfDB) has said it plans to increase its loans to Nigeria by over $8 billion next year with investments in energy, infrastructure and agriculture. AfDB President, Akinwumi Adesina said it will grow its loan portfolio to Nigeria by more than $2 billion over the next …...
According to Adesina, “The African Development Bank was were there when it mattered most. For a partner in times of need, is a great partner indeed. The African Development Bank approved and disbursed budget support of $600 million to Nigeria, as it faced its worst recession in decades. Our...
The Federal Government has commenced discussions with the Board of the African Development Bank, AfDB for the second tranche of the $1 billion loan approved for the country in 2016. At the official opening of the Banks’ new Nigerian Country Department Building in Abuja on Thursday, Vice …
via...
Akinwumi Adesina • Pledges to raise portfolio to $8b next year • Opens first office outside headquarters in Abuja in 54 years The African Development Bank (AfDB) yesterday said its $1 billion emergency lifeline approval support to Nigeria last year was what helped …
via The Guardian...
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