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The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

Nigeria, 10 other African countries to benefit from AfDB power project

G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank-led initiative.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

G5 Sahel backs AfDB initiative to boost solar energy

G5 Sahel Heads of State have expressed their support for “Desert to Power’’, an Africa Development Bank (AfDB) initiative designed to harness solar energy for socio-economic development of member countries.
Ogun state governor Prince Dapo Abiodun has tweeted his real official portrait, as against the image that is being circulated by street traders in Abeokuta, the capital.

Ogun begins agricultural revolution, unveils anchor borrowers’ scheme

Ogun State Governor, Mr. Dapo Abiodun has unveiled the State Anchor Borrowers’ Scheme, signaling the commencement of an agricultural revolution in the state.
The State Governor Prince Dapo Abiodun gave the hint while flagging off the State Anchor Borrowers’ Scheme at the June 12 Cultural Centre, Kuto, Abeokuta, said the development was as a result of several engagements by the State Government with officials of the Bank who had been in his office twice in the last two months and a half.

AfDB to establish largest agro-processing zone in Ogun

The African Finance Development Bank (AFDB), is putting machinery in place to site the largest Agro-Processing Zone in Ogun State.
President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has said that Nigeria needs to evolve a more effective tariff structure in order to achieve steady electricity supply.

Côte d’Ivoire wants Akinwumi Adesina re-elected AfDB president

President Alassane Ouattara of Côte d’ Ivoire has appointed Adama Koné, Minister of Economic and Financial Affairs to support the re-election of Akinwumi Adesina as President of the Africa Development Bank (AfDB).

Anambra governor lauds AfDB president for appointing Chinelo Anohu-Amazu as investment forum chief

Governor Willie Obiano of Anambra State has praised the African Development Bank (AfDB) president, Dr Akinwunmi Adesina, for appointing Chinelo Anohu-Amazu the head and senior director of the Africa Investment Forum with effect from September 1.
Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday. 2

Minister: World Bank to manage donor funds

Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB: African countries import $50 billion worth of food annually

The African Development Bank (AfDB) says African countries import nearly 50 billion dollars net of food annually.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB spends $2 billion to train six million African scientists

The African Development Bank (AfDB) says it has committed $2 billion to the education and training of six million science students in Africa from 2005 to date.

Kaduna governor praises federal government on Zaria Water Project, asks for refund

Governor Nasir El-Rufai has thanked the Federal Ministry of Finance for approving a refund of N17.32bn to Kaduna State for capital expenses it had spent on the Zaria Water Project.
Nigeria Governors’ Forum (NGF)

NGF: 36 states to get $4 billion from AFDB

The African Development Bank, AfDB, has concluded arrangements to establish Special Agro-Promising Zones (SAPZs) in all the 36 of the country, Ekiti State governor, Kayode Fayemi, reveals.
Nigeria Governors Forum (NGF)

NGF: Special agric zones to attract $4 billion investments

The Nigeria Governors’ Forum (NGF) has said that the establishment of Special Agro-processing Zones (SAPZs) in Nigeria has the potential of attracting between one to four billion dollars investments into the country.

Governors meet over NFIU’s directive on local council funds

The 36 state governors under the umbrella of Nigeria Governors’ Forum (NGF) are meeting in Abuja to discuss update on recent directive of the Nigerian Financial Intelligence Unit (NFIU) on local government funds.

World Bank, AfDB blacklist more companies, consultants in Nigeria for corruption

The World Bank and the African Development Bank (AfDB) have sanctioned and blacklisted more companies and consultants operating in Nigeria for various breaches of their contracting processes considered fraudulent and corrupt.

Nigeria seeks AfDB funding for aviation projects

Nigeria is demanding that the African Development Bank (AfDB) take over the funding of several projects geared at maintaining air safety in Africa following the decision of the United States of America to suspend the allocation of funds for the ‘safe sky programme’ in Africa.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB says risks to growth ‘increasing by the day’

The U.S.-China trade war and uncertainty over Brexit pose risks to Africa’s economic prospects that are “increasing by the day,” the head of the African Development Bank (AfDB) told Reuters.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB approves $20 million for clean energy

The African Development Bank (AfDB) has approved $20 million for the Facility for Energy Inclusion (FEI). The facility was sponsored by the bank to provide sustainable financing for small-scale renewables in Africa.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AFDB empowers 20,000 Nigerian farmers

As part of its efforts to reduce poverty, create employment opportunities for Nigerians, the African Development Bank (AFDB) has empowered over 20, 000 farmers in the last four years. National programme Coordinator of Agricultural transformation Support Programme Phase 1 (ATASP-1), Ibrahim Arabi, who addressed newsmen recently in Abuja, explained that the scheme was currently being implemented in 200 rural communities.

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