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Sidi Ould Tah Sworn in as 9th AfDB President

Sidi Ould Tah has been sworn in as the 9th president of the African Development Bank (AfDB) Group, succeeding Akinwumi Adesina, whose 10-year tenure ended on Monday.

Japan, AfDB Partner on $5.5bn Finance for Africa

The Japan International Cooperation Agency (JICA) and the African Development Bank (AfDB) have signed a Memorandum of Understanding.

FEC Approves $125m IsDB Loan for Abia’s Infrastructure Development

FEC Approves $125m IsDB Loan for Abia’s Infrastructure Development Abia State Government has received approval from the Federal Executive Council (FEC) for a $125 million loan from the Islamic Development Bank (IsDB) to fund its Integrated Infrastructure Development Project. The announcement was made by Mr. Ukoha...

Nigeria Gets Eight Agro-industrial Hubs from AfDB

Eight Special Agro-Industrial Processing Zones have been completed by the AfDB and its partners in Nigeria under Phase I, while 28 more are in the pipeline across the country.

AfDB Supports National Grid Stability with $1.2m Grant

AfDB Supports National Grid Stability with $1.2m Grant The African Development Bank on Wednesday said it has committed $1.2m in grants to support a feasibility study on Battery Energy Storage Systems in Nigeria. It said the project will assess grid integration, identify viable business and regulatory...

The Sidi Tah Doctrine: A Presidential Mandate for Africa’s Next Chapter, by Chinedu Moghalu

The election of Dr. Sidi Ould Tah as the 9th President of the African Development Bank (AfDB) at the 2025 Annual General Meeting in Abidjan marks more than a leadership change.