AfDB Set to Spend $1.5bn to Avert Food Crisis in Africa Olusegun Kugbayi Apr 25, 2022 The African Development Bank (AfDB) has announced plans to spend over $1.5 billion dollars to avert food crisis sparked by the war…
Omicron Variant: AfDB postpones 2021 Africa Investment Forum Olusegun Kugbayi Nov 30, 2021 The African Development Bank (AfDB) group, has postponed indefinitely, the 2021 Africa Investment Forum (AIB) scheduled for Dec. 1…
AfDB to support tech-based MSMEs with $500m – Osinbajo Olusegun Kugbayi Aug 9, 2021 Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to support Micro Small and Medium…
World Bank, AFDB provide $550m support for off-grid solutions – REA Olusegun Kugbayi Aug 3, 2021 The Rural Electrification Agency (REA) has announced the provision of $550m in funding by the World Bank (WB) and the African…
AfDB, Euro-Bank sign MoU on sustainable dev’t in Africa Olusegun Kugbayi May 18, 2021 The African Development Bank (AfDB) Group and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum…
Business AfDB earns AAA rating from S&P Global Olusegun Kugbayi Feb 2, 2021 Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank …
Featured AfDB approves $7m for mini-grid programme Olusegun Kugbayi Jan 7, 2021 The African Development Bank (AfDB) has approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA) for…
Featured AfDB president bags CIBN award, tasks leaders Olusegun Kugbayi Dec 5, 2020 President of African Development Bank (AfDB) Dr Akinwumi Adesina on Saturday tasked leaders in the banking sector on “audacious…
Featured Bol, AfDB, IFAD approve $2b for Nigeria’s agric project Olusegun Kugbayi Dec 1, 2020 The Bank of Industry (BoI), African Development Bank (AfDB) and International Fund for Agricultural Development (IFAD) have…
COVID-19: AfDB postpones annual forum to 2021 Olusegun Kugbayi Nov 4, 2020 The Board of Directors of the African Development Bank (AfDB) Group and the Africa Investment Forum (AIF) founding partners have…