Nigeria Secures $7bn Deal From African Investment Forum — AfDB Nigeria accounted for $7bn of the $38.7bn inflows that were secured for the African continent at the maiden edition of the African Investment Forum, which held in South Africa in November 2018, the African Development...

AfDB Budgets $38bn For Investment In Africa   The African Development Bank (AfDB) has approved $38 billion as investment commitments to projects in Africa. The multilateral Development Finance Institution (DFI) has also emphasised the need for Africa to prioritise investments in quality infrastructure; enhanced dialogue and support...

AfDB Restates Warning On Growing Debts Among African Nations Despite the low international debt threshold of many African countries, Nigeria inclusive, a message from the African Development Bank (AfDB) the weekend was that of caution and pursuit of growth with escalated obligations. Nigeria may well benefit...

Nigeria, Others To Receive AfDB’s 3.2m Swiss Francs Nigeria is among the African countries that will benefit from 3.2 million Swiss francs donated to the African Development Bank by The State Secretariat for Economic Affairs of the Government of the Swiss Confederation. A statement on Thursday...

Adesina: AfDB Invested $1bn On African SMEs, Others The African Development Bank (AfDB) has so far invested about $1 billion on small businesses and infrastructure in Africa, president of the bank, Dr Akinwunmi Adesina, has said. Dr Adesina disclosed this on Monday in Malabo, Equatorial Guinea,...

AfDB, Fidelity Bank To Support MSMEs With $50m The African Development Bank and Fidelity Bank Plc have signed a $50m financing agreement aimed at the funding and promoting the growth of Micro, Small and Medium Enterprises in the country. At the signing of the agreement in...