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
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
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...