AfDB Mobilises $22m For COVID-19 Fight In Gambia, Others   The African Development Bank’s (AfDB) Board of Directors has approved an emergency project in support of three low-income ECOWAS nations – Gambia, Mali and Niger – to boost their health systems in response to the COVID-19...

Africa Akinwunmi Adesina (AFDB): Any Conspiracy From The Western Block? By Jimoh Ibrahim, OFR, CFR Please wait a minute; it is about corporate governance! Yes, in a simple bank matter, and what is more, as Wolfensohn will say, corporate governance is about promoting corporate fairness, transparency,...

W/Bank, AFDB To Approve Nigeria’s Loan Request By June – DMO     The Federal Government has disclosed that the $1.5billion loan request from the World Bank and the additional $500 million loan request from the African Development Bank (AfDB) will be approved by the banks’ boards...

COVID-19: AfDB Okays $10bn For Public, Private Sectors   The African Development Bank The African Development Bank (AfDB) says it will provide $10 billion in 2020 to help African countries and their private sectors to respond to the COVID-19 crisis through its COVID-19 response facility (CRF). The...

AfDB Offers Nigeria, Others $10bn Facility     The African Development Bank Group on Wednesday said it had created a COVID-19 response facility up to $10bn to assist regional member countries in fighting the pandemic. It said the facility was the latest measure taken by the bank to...

Nigeria To Borrow $6.9bn From IMF, World Bank, AfDB   The Federal Government is to raise the sum of $6.9bn through external borrowing from the World Bank, the International Monetary Fund and the African Development Bank. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed,...