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Light up and Power Africa

Equatorial Guinea hosts AfDB’s meeting

Equatorial Guinea will host the African Development Bank’s next annual meetings coming up in June 2019.

AfDB approves $14.12 million to facilitate Nigeria’s ATI membership

Soothing news came the way of Nigeria on Tuesday as the African Development Bank (AfDB), through its trade finance operations, has approved $14.12 million facility to support the Nigeria’s membership of African Trade Insurance (ATI) Agency.

AfDB approves $7.24 billion for 2019 borrowing programme

The Board of the African Development Bank (AfDB) has approved $7.24 billion for institution’s 2019 borrowing programme to be raised from the capital markets.

AfDB approves US$40 million for Africa Infrastructure Investment Fund

The Board of Directors of the African Development Bank (AfDB) has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF), a closed-ended pan-African infrastructure fund managed by South Africa-based Africa Infrastructure Investment Managers (AIIM).

AfDB disbursed $7.81 billion in 2017 to support African countries’ structural transformation

The African Development Bank, under the leadership of Dr. Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa, according to its Annual Report, released during the Annual Meetings in Busan, South Korea.

Vice President Osinbajo: Federal govenrment to power varsities with solar energy

Vice President Yemi Osinbajo, SAN, has said that ‘despite the sectoral challenges, the Buhari administration will complete major projects that will improve the power sector in the country and also implement a plan that will provide solar energy in a number of universities in the country.

AfDB hits highest annual disbursement of $7.67bn in 2017 – Akinwumi Adesina

The President of African Development Bank (AfDB), Dr Akinwumi Adesina, said that the Bank, 2017, achieved its highest annual disbursement ever of 7.67 billion dollars on supports.

AfDB signs $253m loan donor loan agreement with France

The Africa Development Bank (AfDB) has signed a concessional donor loan agreement with France to the tune of $ 253 million as support for the 14th replenishment of the African Development Fund (ADF).

Recent Stories

Wales manager Ryan Giggs said midfielder Aaron Ramsey missing his country’s opening Euro 2020 qualifier against Slovakia on Sunday due to injury is a “blow”.

Ryan Giggs: Aaron Ramsey absence “a blow”

Wales manager Ryan Giggs said midfielder Aaron Ramsey missing his country’s opening Euro 2020 qualifier against Slovakia on Sunday due to injury is a “blow”.
Boboye Oyeyemi

Overloading: FRSC goes tough on offenders

The Corps Marshal, FRSC, Mr. Boboye Oyeyemi, says the commission will not rest on its oars until the campaign against vehicle overloading is achieved.
All Progressives Congress (APC) Nigeria

Kano rerun: APC dismisses PDP’s allegation

The All Progressives Congress (APC) in Kano State has dismissed the People’s Democratic Party (PDP)’s allegation on the importation of political thugs from neighbouring states.

PDP condemns alleged attack on agents, members in Kano

The Peoples Democratic Party (PDP) has condemned the alleged violent attacks and alleged killing of its agents and members by thugs allegedly unleashed by the All Progressives Congress (APC) at the Kano supplementary election.

Chad fires chief of staff after Boko Haram attack kills 23 soldiers

Chad President Idriss Deby has fired his armed forces chief of staff following the latest bout of unrest which culminated in a Boko Haram attack that left 23 dead.