HomeTagsAFDB

Tag: AFDB

AfDB Okays $150m To Support Agriculture In Africa

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

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

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

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...

Loans From W/Bank, AfDB Rise To $14.35bn Under Buhari’s Administration

Loans From W/Bank, AfDB Rise To $14.35bn Under Buhari's Administration       Nigeria’s liabilities to the World Bank and the African Development Bank rose from $7.14bn to $14.25bn between June 30, 2015 and March 31, 2021, data obtained from the Debt Management Office have shown. This means that...

High Unemployment Rate Threatening Buhari’s Poverty Reduction Plan – AfDB

High Unemployment Rate Threatening FG’s Poverty Reduction Plan – AfDB       The Director-General of the African Development Bank Group’s Nigeria Country Department, Mr Lamin Barrow, has said the Nigerian government’s plan to lift 100 million Nigerians out of poverty by 2030 is threatened by the high...