AfDB Seals $500m Credit Insurance Deal With ATI   The African Development Bank (AfDB) and the African Trade Insurance Agency (ATI) have announced the successful completion of a $500m credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa. This...

AfDB Targets Nordic Investors For Nigeria, Others The African Development Bank, in multidisciplinary team roadshows, has presented financial products and investment opportunities on the continent to Nordic investors to leverage more access to financing. A statement issued by the bank on Monday said it hosted roadshows...

AfDB Seeks Global Partners To Tackle Hunger   The African Development Bank (AfDB) has called on global partners to join hands to lift one billion people worldwide out of hunger and said it was leading the way by investing US$24 billion in African agriculture over the...

Nigeria’s SMEs Get AfDB Support Of $50m Via Sterling Bank The African Development Bank has offered a US$50 million line of credit to Nigeria’s Sterling Bank Plc to support micro, small and medium sized enterprises (MSMEs) in strategic sectors, including agriculture, renewable energy and social...

AfDB To Raise $3.3bn For Women, Youth Entrepreneurs The President of the African Development Bank, Dr Akinwumi Adesina, is currently on a tour to seek global support for the bank’s programme to raise $3.3bn for African women and youths in enterprise. The AfDB which disclosed in...

Agriculture: AfDB, FAO To Raise $100m For Nigeria, Others The African Development Bank and Food and Agricultural Organisation are set to raise $100m for agriculture in a bid to end hunger and malnutrition and create wealth in Nigeria and other African countries. In a statement issued...