Emir Sanusi Outlines Path to Africa’s Development Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank,...

The African Development Bank (AfDB) is to invest $24 billion in agriculture over the next 10 years to help unlock its potential and assure food security in Africa. The President of the bank, Dr. Akinwumi Adesina, revealed at a side event of the ongoing Borlaug...

The African Development Bank ( AfDB ) and World Bank have earmarked 800 million dollars for the provision of agriculture technologies to farmers in Africa. AfDB President, Dr Akinwumi Adesina, made this known at the ongoing 2017 African Green Revolution Forum (AGRF) in Abidjan, made...

The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan was initiated to also finance infrastructure and women-owned enterprises in Nigeria, AfDB has said. “The Fund...

The African Development Bank’s Board of Directors has approved a $600m loan for Nigeria, several months after the Federal Government had approached the lender for a budget-support facility. The loan is meant to help Nigeria plug its budget deficit as the nation grapples with its...

The Federal Government has said it would use the current economic crisis to unlock the potential of key sectors of the economy. The Minister of Budget and National Planning, Senator Udo Udoma, stated this at the 57th conference of the Nigerian Economic Society held in...