Africa loses 15% GDP to climate change – AfDB
Africa has been losing from five per cent to 15 per cent of its Gross Domestic Product (GDP) per capita growth because of climate change […]
AfDB
FG will ensure Nigeria is Africa’s largest producer of wheat – Minister
The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, says the Federal Government is working to ensure Nigeria becomes the largest producer of wheat […]
FG secures $134m loan from AfDB to boost wheat production
The Federal Government has obtained a 134-million-dollar loan from the Africa Development Bank to boost wheat production. Minister of Agriculture and Rural Development, Dr Muhammad […]
The Nigeria’s pitiable economic and education sectors By JEROME-MARIO UTOMI
The global community is presently in agreement that just as an unchained torrent of water submerges whole country sides and devastates crops, even so, lack […]
Africa needs annual investment of $40bn on energy for electricity – AfDB
The African Development Bank (AfDB) says Africa needs an annual investment of 32 to 40 billion dollars along the energy value chain to achieve universal […]
Africa will ‘feed itself with pride’ as AfDB approves $1.5bn for food crisis – Adesina
The African Development Bank (AfDB) has approved a $1.5 billion emergency programme to alleviate the impact of worsening food insecurity due to the Ukraine war, its director […]
Cost of bread now beyond the reach of many Africans — AfDB
The African Development Bank (AfDB) says the cost of bread is now beyond the reach of many households in Africa due to food price increases […]
Buhari tasks World Bank, AfDB, others to activate $19bn fund for PAGGW’s activities
President Muhammadu Buhari has urged the World Bank, African Development Bank (AfDB) and other partners to support the One Planet Summit initiative and activate the […]
AfDB’s financial inclusion facility gets $15m to improve women’s access to finance
The African Development Bank’s (AfDB) Africa Digital Financial Inclusion (ADFI) facility will receive 15 million dollars to develop and extend digital financial solutions to women-owned […]
President Buhari commends AfDB for being proactive on food security
By DAVID IORJA, Abuja -. President Muhammadu Buhari has commended the Africa Development Bank (AfDB) for planning ahead of whatever negative consequences may come from […]
Unemployment And A Nation’s 40% Of Hopelessness BY JEROME-MARIO UTOMI
It is no longer in doubt that the President Muhammadu Buhari led Federal Government has become reputed for clarifying problems without proffering solution, What is […]
AfDB, co-financing partners’ portfolio in Nigeria increases by $2.03 bn
The African Development Bank (AfDB) and other co-financing partners’ portfolio in Nigeria increased by 2.031 billion dollars between 2019 and 2021. The Director-General, Nigeria Country […]
Nigeria remains Africa’s largest economy with over N400bn in GDP
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said Nigeria’s economy remained the largest in Africa with over N400 billion in Gross […]
AfDB approves $170m for investment in Nigeria’s digital and creative start-ups
By OLA MUDOPE, Lagos – The Board of Directors of the African Development Bank (AfDB) has approved a loan of $170 million to finance a […]
AfDB approves €70m credit, $24m equity investment to West African Development Bank
By OLA MUDOPE, Lagos – The Board of Directors of the African Development Bank (AfDB) has approved a line of credit of €70 million and […]
Africa And Tony Elumelu’s Concept of Entrepreneurship, Philanthropy and Development By JEROME-MARIO UTOMI
When Tony Elumelu, founder of Tony Elumelu Foundation, while speaking on the topic; “Philanthropy and Development; Where are Africa’s Billionaires?”, at one of the high […]
AfDB loans Nigeria $210m for Special Agro-Industrial Processing Zones
By EZEKIEL OBI, Abuja – African Development Bank (AfDB) has approved a $210 million loan that could impact the lives of millions of people in […]
AfDB disbursed $3.2bn to fight COVID-19 – Official
The African development Bank (AfDB) on Thursday said it had disbursed a total of 3.2 billion U.S. dollars as its contribution to combat the effects […]
AfDB earmarks $110m for Special Agricultural Processing Zone in Kano — Official
The African Development Bank (AfDB), has earmarked $110 million for projects under the Special Agricultural Processing Zone in Kano State. The Chief Press Secretary (CPS) […]