ACS: AfDB Pledges $25bn to African Climate Fund
The President of African Development Bank, Akinwunmi Adeshina said the finance institution has committed to providing $25bn to climate finance by 2050.
He disclosed this on the second day of the African Climate Summit, being held at The...
Buhari's Huge Parting Debt Profile
By Eric Teniola
The outgoing President, Muhammadu Buhari GCFR has made sure he is leaving a huge debt profile of eighty trillion naira when he leaves THE VILLA on Monday, May 29. Well, well, well. While he will be celebrating in...
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...