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AfDB to Boost Nigerian Agriculture with $2.2bn Investment

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 Infrastructure Drive: AUDA-NEPAD, AfDB Accelerate Implementation of PIDA Projects

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

AfDB, IITA Sign €5m Deal for 40m Farmers to Boost Agriculture

AfDB, IITA Sign €5m Deal for 40m Farmers to Boost Agriculture The African Development Bank Group has signed an agreement with the International Institute of Tropical Agriculture to finance Phase II of the Technologies for African Agricultural Transformation programme. The TAAT programme is a core component...

AfDB to Grant Access Bank $230m Trade Finance Package

AfDB to Grant Access Bank $230m Trade Finance Package The African Development Bank has announced plans to provide a $230m trade finance package for Access Bank Plc to support trade finance activities and ease foreign exchange liquidity constraints for small and medium-sized enterprises in Nigeria. This...

AfDB and Interpol Join Forces to Combat Financial Crime

AfDB and Interpol Join Forces to Combat Financial Crime   The African Development Bank Group (AfDB) has joined forces with the International Criminal Police Organisation (Interpol) to intensify the fight against corruption and financial crime. In a statement on Friday, it was revealed that AfDB was the...

Nigeria to Benefit from $4.4bn Agro-industrial Processing Zone Investment

Nigeria to Benefit from $4.4bn Agro-industrial Processing Zone Investment President of the African Development Bank, Akinwumi Adesina, has revealed that Nigeria will gain significantly from a $4.4bn investment aimed at expanding the Special Agro-Industrial Processing Zones across all 36 states and the Federal Capital Territory. In...