AfDB To Support Agro-processing Zones With $300m
The African Development Bank is to support the implementation of the Special Agro-Industrial Processing Zones project in Nigeria with $300m.
Senior Special Adviser on Industrialisation to AfDB President, Prof. Oyebanji Oyelaran-Oyeyinka, disclosed this at an SAPZ Inception Workshop in...
AfDB Faults W/Bank On Nigeria, Africa’s Debt Profiles
The African Development Bank has said that the upward debt trend of some African countries did not portend systemic risk of debt distress, as stated by the World Bank.
It also said that the general statement by the...
18 States Worse Hit By Poverty - AfDB
Poverty rate in more than half of the 36 states of the nation is above the national average of 69 per cent, the African Development Bank has said.
The bank said this in its African Economic Outlook 2020...
AfDB Approves $22m For SMEs
The board of the African Development Bank on Wednesday approved a $22 million senior loan to help Egypt’s Corporate Leasing Company (Corplease) expand its operations in the North African country.
The decision signaled confidence in a burgeoning local market and in...
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...
