AfDB Grows Capital from $93bn to $318bn in 10 years as Adesina Bows Out The African Development Bank (AfDB) recorded a surge in capital growth, expanding by 241.9% over the past decade. This is just as the institution prepares for a leadership transition this week with...

AfDB to Boost Nigerian Agriculture with $2.2bn Investment The African Development Bank says it is mobilising $2.2 billion to develop agricultural processing zones in 28 states in Nigeria to boost food security and create jobs, the bank's president Akinwumi Adesina said on Tuesday. Adesina was speaking...

Nigeria is Highest Shareholder in AfDB The African Development Bank (AfDB) on Thursday said Nigeria remained the highest shareholder of the bank with over nine per cent shares. Prof. Vincent Nmehielle Secretary General of the bank disclosed this at a press conference to announce the Annual...

Adesina Urges America to Support African Agriculture as a Business The President of the African Development Bank (www.AfDB.org), Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa’s agriculture potential. "I do not seek aid for Africa. I...