Home Topics African Development Bank

African Development Bank

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.

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.
Adesegun Akin-Olugbade

Nigerian appointed first African member of World Trade Board

Dr Adesegun Akin-Olugbade, an international legal and finance expert, has been appointed as a member of the World Trade Board.
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.

AfDB identifies 14 sites for agro-industrial processing zones in Nigeria

The African Development Bank (AfDB), says it has identified 14 sites for the proposed Special Agro-Industrial Processing Zones (SAPZs) in Nigeria.
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.

Kwara to partner AfDB on infrastructure growth, others

The partnership areas include road construction, small and medium scale enterprises with a focus on women empowerment, energy, and agro-processing.
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.

AfDB woos Nigerian investors for DR Congo

The African Development Bank (AfDB) has called for the constriction of an economic bridge to link Nigeria and Democratic Republic of Congo (DRC) to unlock potentials in the two countries for the development of Africa.
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.

AfDB chief, three others for Tony Elumelu foundation forum

The leaders of three African countries and the President of African Development Bank (AfDB), Dr Akinwumi Adesina, are expected to participate in the on-going Tony Elumelu Foundation Entrepreneurship Forum in Abuja.

PDP slams Governor Fayemi over ‘fresh N5 billion loan’

The Ekiti State chapter of the Peoples Democratic Party National New Media Group (PDP-NNMG) has accused the State Governor, Dr. Kayode Fayemi, of plotting to plunge the State into another round of debt, disclosing that the governor was about taking N5 billion loan from a new generation bank.
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 tasks builders on affordable homes

The African Development Bank (AfDB) Group has called on builders to construct affordable homes to reduce the housing deficit in the country.

Former ECOWAS president passes on at 65

Alain Marcel de Souza, the former president of the ECOWAS Commission, died on Tuesday in Paris after suffering a heart attack, Beninese television reported on Wednesday.
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 government to partner AfDB, CBN, NEPC, China on agricultural development

The Ogun State Governor, Prince Dapo Abiodun, has disclosed that plans were underway to have a Chinese company invest in the agricultural sector of the state through a public private partnership programme.
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.

AfDB boss to launch foundation against hunger

Dr Akinwumi Adesina, President, African Development Bank (AfDB), is to launch World Hunger Fighter’s Prize and Fellowship foundation with a view to ending global hunger.

Recent Stories

Babajide Olusola Sanwo-Olu

Lagos governor visits explosion victims

The Lagos State Government will be meeting with the management of Nigeria National Petroleum Corporation (NNPC) to discuss on issues of compensation for victims of the January 19 pipeline fire in Abule Egba, Governor Babajide Sanwo-Olu said on Saturday.

NGO donates seedlings, other items to Plateau IDPs

The Justice Development and Peace Commission (JDPC), of the Catholic Archdiocese of Jos, on Saturday donated improved seedlings to 50 Internally Displaced Persons (IDPs) at Ban, Barkin Ladi Local Government Area (LGA), of Plateau.
Firebrand Nick Kyrgios scraped past Karen Khachanov Saturday in five thrilling sets to set up a grudge match against top seed Rafael Nadal in the Australian Open fourth round.

Nick Kyrgios sets up Rafael Nadal showdown after five-set thriller

Firebrand Nick Kyrgios scraped past Karen Khachanov Saturday in five thrilling sets to set up a grudge match against top seed Rafael Nadal in the Australian Open fourth round.
Coming under the umbrella of the Western Nigeria Security Network (WNSN), Operation Amotekun is an initiative of the six governors in the southwest zone 5

Amotekun a child of necessity – Southwest speakers

Worried by the prevailing security situation in the country, the Speakers of the Six South-West States, under the auspices of Conference of Speakers of South West State Legislatures, have thrown their weight behind the Western Nigeria Security Network (Operation Amotekun), describing it as a supportive security mechanism targeted at curtailing threats and protecting lives and property of the people.
Bauchi REC, Alhaji Ibrahim Abdullahi (middle) speaking to newsmen in Gamawa on the Gamawa and Zaki Federal Constituencies’ supplementary-rerun elections.

REC: Bauchi rerun polls an improvement over 2019 exercise

The Independent National Electoral Commission (INEC) in Bauchi State, has described the ongoing supplementary and rerun elections in Zaki and Gamawa councils as an improvement over 2019 polls.