AfDB Approves $1.5bn To Mitigate Food Crisis In Africa   The Russia/Ukraine conflict is projected to trigger a global food crisis, hence the Africa Development Bank’s (AfDB) decision to shore up Africa’s food security with a $1.5 billion Africa Emergency Food Plan. President of the AfDB, Dr...

AfDB Forecasts Food Price, Energy Hikes In Nigeria   The President of the African Development Bank Group (AfDB) Dr Akinwumi Adesina, has said that the costs of fertilizer, rising energy prices, and rising costs of food baskets, could worsen in Africa in the coming months. He said...

AfDB Okays $150m To Support Agriculture In Africa   The African Development Bank Group has approved a $150m facility for ETC Group Limited to address the working capital requirements for the company and its agriculture value chain development in a boost for smallholder farmers. The AfDB said...

AfDB Pledges To Support Nigeria In Tackling Food Insecurity   The President of the African Development Bank Group, Dr Akinwumi Adesina, has said that the bank will provide Nigeria with strong support to tackle its food security challenges. He said this while he received a high-level Nigerian...

Nigeria’s Debt Service To Revenue High – AfDB President   President of the African Development Bank (AfDB), Akinwumi Adesina has said Nigeria’s debt service to revenue ratio is high. Adesina who made the disclosure yesterday at the opening of a two-day mid-term ministerial performance review retreat in...

Women In Agriculture To Benefit From AfDB’s $150m Fund       The African Development Bank (AfDB) has stated that by the end of 2021, the bank is expected to have provided close to $500 out of which $150 million that would be channeled to women in agriculture...