AfDB begins 59th Assembly, 50th ADF in Nairobi
The African Development Bank (AfDB) Group on Monday commenced its annual meetings in Nairobi, Kenya from May 27 to May 31. A statement from the bank said that the meeting…
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AfDB, IDB approve Special Drawing Rights for hybrid capital instruments
The African Development Bank (AfDB) and InterAmerican Development Bank (IDB) have welcomed International Monetary Fund’s (IMF) Executive Board’s approval of the use of Special Drawing Rights (SDRs) for Hybrid Capital…
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AfDB, BUK partner on climate adaption for food security
The African Development Bank (AfDB) says it will partner with Bayero University Kano (BUK), on entrepreneurship and climate adaptation towards addressing food security in Northern Nigeria. Dr Beth Dunford, the…
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Insurgency: Borno Gov lauds AfDB for $65.75m support programme
Borno Governor, Babagana Zulum, has commended the African Development Bank (AfDB) for implementing 65.75 million dollars Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Programme (IBSDLEIP) in the state. Zulum…
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AfDB support for Côte d’Ivoire rises to $3.1bn in 2023
The African Development Bank (AfDB) Group’s support to Côte d’Ivoire rose from $460 million in 2015 to $3.1 billion in 2023.The AfDB President, Dr Akinwumi Adesina, said in statement on Friday that the…
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Report: AfDB rates Africa’s GDP at 3.8 per cent in 2024
The real Gross Domestic Product (GDP) growth for Africa is expected to average 3.8 per cent and 4.2 per cent in 2024 and 2025. The African Development Bank (AfDB) said…
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AfDB president receives Obafemi Awolowo leadership prize
The President, African Development Bank (AfDB) Group, Dr Akinwumi Adesina, has been conferred with the prestigious Obafemi Awolowo Prize for Leadership. The Executive Director, Obafemi Awolowo Foundation, Amb. Tokunbo Awolowo-Dosumu,…
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AfDB commends Nigerian Govs on regional devt approach
Seven newly elected Nigerian Governors visited the African Development Bank (AfDB) Group President, Akinwumi Adesina, in Abidjan to strengthen cooperation and unlock the country’s vast agricultural potential. A statement issued…
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AfDB to disburse $618m to Nigeria for digital, creative enterprises
African Development Bank (AfDB) has finalised arrangements to disburse 618 million dollars to Nigeria under the Investment in Digital and Creative Enterprise (i-DICE) programme. AfDB’s Country Director-General for Nigeria, Mr…
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AfDB, partners inject $1bn to fund Nigeria’s SAPZs
……in 24 states African Development Bank (AfDB), Islamic Development Bank (IDB) and the International Fund for Agricultural Development have voted $1billion to deliver special agro-industrial processing zones in 24 States…
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