The Nigerian Presidency has pushed back against recent claims made by the outgoing President of the African Development Bank (AfDB), Dr Akinwumi Adesina, asserting that his…
Browsing: AfDB
The African Development Bank Group (AfDB) has approved a new five-year Country Strategy Paper (CSP) for Nigeria, committing approximately $650 million (about £520 million) annually from…
The president of the African Development Bank (AfDB), Dr Akinwumi Adesina, has criticised the deeply unequal distribution of Special Drawing Rights (SDRs) issued by the International…
President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has expressed deep concern over the failure of Nigeria’s commercial banking system—and by extension, that of…
The Nigerian government is preparing to launch Phase One of the Special Agro-Industrial Processing Zones (SAPZ) programme, backed by a significant $538 million investment from the…
The African Development Bank (AfDB) has committed over $8 billion to water infrastructure projects across 40 African countries since 2000, benefiting more than 92 million people.…
Distinguished financial strategist and former Senior Vice President of the African Development Bank (AfDB), Bajabulile Swazi Tshabalala, has officially declared her candidacy for the Bank’s presidency.…
The latest report on Africa’s economy from the African Development Bank (AfDB) highlights how bold reforms, rapid investments, and pro-business policies are driving a shift toward…
Nigeria’s electricity tariffs will increase within months, according to Olu Verheijen, special adviser to President Bola Tinubu on energy. She made the announcement at the Africa…
Unemployment is one of Africa’s most significant challenges, hindering economic growth and social progress. The African Development Bank (AfDB) warns that, if current trends continue, about…