Experts Task FG on Tackling Insecurity to Boost Economic Growth - AfDB In order to boost economic growth and development, financial experts have urged the Federal Government to tackle insecurity in the country. They disclosed this in separate interviews with the News Agency of Nigeria, NAN,...

AfDB: Nigeria’s Agro-Industrial Zone Scheme Receives N224bn The African Development Bank (AfDB) has mobilised $540 million (about N224.3 billion) for Nigeria to develop Special Agro-Industrial Processing Zones, as part of the quest to promote food security in the country. According to Daily Trust report, the AfDB...

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...