AfDB Allocates $700 Million to STEM Education, Training African Youths The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has stated that the bank has allocated $700 million towards education and skills development. He said that the bank was also supporting 4,000 tertiary education...

Africa Needs $402.2bn Annually for Structural Development – AfDB The President of the African Development Bank (AfDB), Akinwumi Adesina, says Africa needs to close a financing gap of about $402.2 billion annually to fast-track its structural transformation by 2030. Adesina spoke during the presentation of the...

Tinubu Congratulates AfDB Boss, Akinwunmi, Adesina, on Winning Awolowo Prize for Leadership President Bola Tinubu has congratulated Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), on the award of the prestigious Obafemi Awolowo Prize for Leadership. Dr. Adesina joins the pantheon of other previous...

UK Pledges £200m For Nigeria, Others To Fight Climate Change   The Foreign Secretary of the United Kingdom, James Cleverly, has said the UK will significantly step up its bid to help African countries fight climate change by supporting the African Development Bank’s Climate Action Window...

NSIA Total Assets now $4bn, Core Assets $2.2bn - FG The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has announced that as at the end of 2021, the Nigeria Sovereign Investment Authority (NSIA) had a core asset of $2.2 billion while the...

AfDB: Nigeria’s Agro-Industrial Zone Scheme Receives N224bn The African Development Bank (AfDB) has mobilised $540 million (about N224.3 billion) for Nigeria to develop Special Agro-Industrial Processing Zones, as part of the quest to promote food security in the country. According to Daily Trust report, the AfDB...