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News

AfDB Secures $15.6bn For Lagos-Abidjan Highway Corridor

President of the African Development Bank, Akinwumi Adesina The President of the African Development Bank, Dr Akinwumi Adesina, announces that the bank has...

Economy

32% of Nigeria’s Flagged Projects Failed Loan Conditions –AfDB

The Director-General, Nigeria Country Department, African Development Bank, Mr. Lamin Barrow, says that 32 per cent of flagged project operations, meant to be...

Money

AfDB Approves $170 Million For Investment In Nigeria’s Digital and Creative Start-UDps

Akinwumi Adesina, President AfDB The Board of Directors of the African Development Bank has approved a loan of $170 million to finance a...

Money

AfDB Blacklists 40 Nigerian Firms, Individuals In Four Years

President of the African Development Bank, Akinwumi Adesina The African Development Bank has blacklisted at least 40 Nigerian firms and individuals for engaging...

Money

AfDB Chief Urges Eeconomic Diversification For Growth

Prof. Oyelaran-Oyeyinka Oyebanji, Senior Special Adviser on Industrialisation at African Development Bank (AfDB) says diversification of Nigeria’s economy is the only viable way...

Money

Africa’s GDP to Decline By $173-236 Billion By 2020 End-Adesina

The African Development Bank estimates that Africa’s GDP will decline by $173-236 billion by the end of the year December 5, 2020/AfDB By...

Money

Akinwumi Adesina Re-Elected as President of the AfDB

The election took place on the final day of the 2020 Annual Meetings of the African Development Bank Group August 27, 2020/AfDB Akinwumi...

Money

AfDB Set To Join Landmark $20 Billion Mozambique LNG Financing

July 21, 2020/AfDB The African Development Bank (www.AfDB.org) has concluded its bid to co-finance the construction of Mozambique’s integrated Liquefied Natural Gas (LNG)...

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