AfDB: Finally, Review Panel Clears Adesina     The coast appears finally clear for African Development Bank President, Dr. Akinwumi Adesina to be inaugurated for a second term in the office as the independent review panel cleared him of all allegations against him by the United States...

COVID-19’ll Cost Nigeria, Others $236.7bn GDP – AfDB     The outbreak of coronavirus in Africa could cost Nigeria, Togo and other countries on the continent $236.7bn in their cumulative Gross Domestic Product, the African Development Bank said on Tuesday. It said this in its report on African...

FG Parleys AfDB Team On $410m Transmission Projects   The Minister of Power, Engr. Sale Mamman, yesterday met with the African Development Bank’s (AfDB’s) officials on the implementation of $410 million power transmission expansion projects. At a virtual meeting he held with the bank’s officials, the minister...

COVID-19: AfDB Forecast $88.3bn Drop In Africa’s GDP     The African Development Bank (AfDB) has projected that the ongoing Coronavirus (COVID-19) pandemic ravaging economies globally could cause Africa’s Gross Domestic Product (GDP) to drop by between $22.1billion and $88.3billion. According to the Bank, before the advent of...

AfDB Vice-president, Resigns   The Vice President for Agriculture, Human and Social Development at the African Development Bank, Dr Jennifer Blanke, has resigned her position. The AfDB disclosed this on Wednesday in a statement, saying Blanke’s resignation would take effect July 4, 2020. She was quoted as saying,...

AFDB Injects $10bn To Cushion COVID-19 Impact On Agriculture     The African Development Bank (AFDB), has provided about $10billion to implement strategic roadmap of projects and programmes of immediate and longer term measures to tackle nutrition and food crisis situation in the Continent. This is part of...