HomeTagsAFDB

Tag: AFDB

North-West Region to Benefit from AfDB’s $175m Agricultural Transformation Agenda

The Country Director, African Development Bank (AfDB), Dr Ousmane Dore, has earmarked 175 million dollars for Agricultural Transformation Agenda Support Programme (ATASP-I) as instrument for consolidating the bank’s investments in Nigerian agricultural sector. The latest edition of the bank’s newsletter, issued by its Nigerian Country...

FG to issue $1bn Eurobond in Q3 2016

To secure $3bn WB, AfDB loan Naira depreciates to N375/$ As depreciation impairs terminal operators’ earnings by 238% —Report   The Federal Government has said it would issue $1 billion Eurobond in the third quarter of this year towards its securing of $3 billion loan...

Africa Inching Towards Debt Crisis – AfDB President

For African countries to continue to remain resilient, they must not get into a debt crisis, the President of the African Development Bank, (AfDB), Dr Akinwumi Adesina, has said. Speaking at the opening session of the annual meetings of the bank in Lusaka, Zambia,  Adesina...

N59.7bn Youth-In-Agriculture Scheme for Launch in September-FG

The Director-General, International Institute of Tropical Agriculture (IITA), Dr Nteranya Sanginga  has said the Federal Government would launch N59.7 billion Youth-In-Agriculture Scheme in September. Sanginga, who disclosed this to newsmen  in Ibadan on Sunday, said the scheme would be sponsored by the federal government and...

Housing deficit: AfDB injects $8.2m into Shelter Afrique

Shelter Afrique has received $8.2 million injection of equity from the African Development Bank (AfDB). Shelter Afrique is a pan-African finance institution which exclusively supports the development of housing and real estate sector in the continent. In a statement, AfDB said the injection is meant...

AfDB approves $8.2m equity participation to boost housing

The African Development Bank (AfDB) at the weekend, approved $8.2million equity investment in Africa’s housing and habitat company, Shelter Afrique, to strengthen its balance sheet and help it achieve its objective of providing quality affordable housing in Africa. This marks an important step towards addressing...