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AfDB Supports Nigeria’s COVID-19 Response Program With $288m Loan

AfDB Supports Nigeria’s COVID-19 Response Program With $288m Loan   The Board of Directors of the African Development Bank (AfDB) has approved a $288.5 million loan for Nigeria to tackle the COVID-19 pandemic and mitigate its impact on people and businesses. The loan, according to the bank,...

AfDB Governors Authorize Independent Review of Allegation Against Adesina

AfDB Governors Authorize Independent Review of Allegation Against Adesina   The Bureau of the Boards of Governors of the African Development Bank (AfDB) Group has said that based on the views of some Governors on the whistle-blowers' complaint against Dr. Akinwumi Adesina, and the need to...

AfDB Mobilises $22m For COVID-19 Fight In Gambia, Others

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: Any Conspiracy from the Western Block against Adesina of AFDB? By Jimoh Ibrahim

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

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

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...