Capital Market: AfDB Targets Larger Share Of $5trn ETFAs For Africa   President of African Development Bank (AFDB) Dr. Akinwumi Adesina has unveiled collaborative plans with the London Stock Exchange Group’s Africa Advisory Group (LAAG) with a view to attracting a bigger share of the $5...

AfDB Partner DFID To Provide $80m Infrastructure Support   The African Development Bank and the Department for International Development are partnering to provide $80m infrastructure support for African countries. In a statement, the President, AfDB, Dr Akinwumi Adesina, said this while delivering his speech during at the...

AfDB To Invest $250m On Water, Sanitation In FCT   The African Development Bank (AfDB) has revealed plans to invest $250 million in the Federal Capital Territory (FCT) water and sanitation integrated project to improve water supply and sanitation in the satellite towns. The Senior Director of...

AfDB Okays $20m For Nigeria, Others   The board of directors of the African Development Bank has approved a $20m investment in the Metier Sustainable Capital International Fund II. The fund channels resources to renewable energy and resource-efficient infrastructure projects in Nigeria and other Sub-Saharan African countries. The...

AfDB: ECOWAS Endorses Adesina For Second Term   The Economic Community of West African States has endorsed the candidacy of African Development Bank President, Akinwumi Adesina, for a second term in office. The decision was taken at the 56th ordinary session of the Authority of Heads of...

AfDB’s Active Portfolio In Nigeria Now $4.8bn   The African Development Bank (AfDB)’s active portfolio in Nigeria rose to $4.8 billion as at December 13, 2019, the bank disclosed in a statement at the weekend. With AfDB President, Dr. Akinwumi Adesina, telling Nigerian journalists in April that...