Vice-President Yemi Osinbajo has declared that Nigeria would soon become the world’s food basket. The Vice President stated this yesterday when he received a group of Chinese investors and officials of the African Development Bank (AfDB), at the Presidential Villa, Abuja.
According to...
The African Development Bank (AfDB) has provided $120 million to scale up adoption of agricultural technology innovations among the rural farmers on the African continent.
The fund, to be disbursed in three tranches of $40 million each from 2018-2021, was aimed …
Read more via The Guardian...
President, African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that for fresh investment to come into Nigeria, handlers of the country need to be critical about getting some challenges resolved as fast as possible. He also …
Read more via The Guardian Nigeria Newspaper – Nigeria...
The African Development Bank (AfDB) has approved a $50 million line of credit to Nigeria’s Fidelity Bank Plc to support small and medium sized....
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The African Development Bank (AfDB) and African Export-Import Bank (Afrexim) are to invest the sum of $20 billion in two projects spearheaded by the Federal Government, in the aviation sector.
This is according to reports by Thisday. The ADB had …
Read more via Nairametrics –...
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The African Development Bank (AfDB) said all the investments in electricity in 2017 were in renewable energy.
Amadou Hott, Vice President, Power, Energy, Climate and Growth Complex, who revealed this in an interview with News Agency of Nigeria also noted that 74% of the bank’s investment in...
The African Development Bank (AfDB) has formed partnerships with Calvert Impact Capital (CIC), Global Environment Facility (GEF) and the Nordic Development Fund (NDF) to drive investments in off-grid energy across Africa.
via TODAY.NG – http://ift.tt/2DedQev
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The African Development Bank (ADB) has refuted media reports that it has called off its $600 million loan to Nigeria. A statement by Fatimah Alkali, Senior Communications Officer in the Country Office in Abuja, yesterday reads in part, “The African Development Bank wishes to …
via Vanguard...
Nigeria’s image received a boost on Thursday before the international community as former Agriculture Minister Akinwumi Adesina formally received the 2017 World Food Prize (WFP) Laureate award in the U. S.
Adesina was confered with the laureate in Des Moines, U. S. during which he committed the...
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Foremost African financial institution; Guaranty Trust Bank plc has been named the African Bank of the Year at this year’s African Banker Awards.
The Awards was presented during a prestigious gala dinner on 23rd May Ahmedabad, India, on the sidelines of the Annual Meeting of African Development...
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President Muhamamdu Buhari-led Federal Government has sacked the Managing Director/Chief Executive Officer of the Transmission Company of Nigeria (TCN) Dr Abubakar Atiku.
Dr Atiku, who is being replaced with a chartered Accountant, Mr Usman Gur Mohammed, was appointed MD/CEO last year after the...
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The African Development Bank (AfDB) has appointed Anthony Nyong and Wale Shonibare, as the Director for Climate Change and Green Growth and Director for Energy Financial Solutions, Policy and Regulation respectively.
The bank stated this in a statement issued on Monday.
The appointment is...
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The African Development Bank (AfDB) has approved the sum of $600 million to support Nigeria’s dwindling economy.
AfDB president, Akinwumi Adesina, confirmed the loan approval while fielding questions from journalists at the 11th African Economic Conference in Abuja.
“As far as the AfDB is...
The African Development Bank (AfDB) has approved $1 billion loan towards meeting the deficits in Nigeria’s 2016 Budget, believed to partly responsible for the country’s economic crisis.
AfDB President, Dr. Akinwunmi Adesina, disclosed these to State House correspondents on Monday after meeting...
Professor Vincent Nmehielle has been appointed as the new secretary general of the African Development Bank.
The appointment, which starts from September, 2016 will position Nmehielle, a Nigerian who is also a South African national, in the senior management team of the bank.
The President of...
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