AfDB Provides $650m Annual Economic Boost to Nigeria   The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, committing about $650m annually between 2025 and 2030 to drive economic transformation, build resilience, and foster broad-based prosperity. The Bank disclosed this in...

Africa Must Stop Buying What it Already Has Sidi Ould Tah Pull Quote: The future is still ours to claim. But it will not be given. It must be built – by Africans, for Africans, with partners who respect our agency and match our ambition. Across...

What Ould Tah’s Tenure at BADEA Reveals About His AfDB Candidacy By Jide Akintunde Pull Quote: For the AfDB to remain credible in the evolving development finance environment, as it has successfully done under the outgoing President Akinwumi Adesina, it will require a leadership that...

AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures President of the African Development Bank Group (AfDB), Akinwummi Adesina, has warned African countries not to impose retaliatory tariffs against the United States’ Government, as such an action could only bring disaster to their economy. Adesina...

AfDB to Boost Nigerian Agriculture with $2.2bn Investment The African Development Bank says it is mobilising $2.2 billion to develop agricultural processing zones in 28 states in Nigeria to boost food security and create jobs, the bank's president Akinwumi Adesina said on Tuesday. Adesina was speaking...

Africa’s long-term vision for robust infrastructure development took center stage at a high-level workshop held in Addis Ababa last month.