Nigeria, Others Losing $15bn To Climate Change - AfDB       The President, African Development Bank Group, Dr Akinwumi Adesina, has said that Nigeria and other African countries would lose between $7bn and $15bn per annum due to climate change. Adesina said this in his opening speech at...

Africa’s GDP Could Lose $173.1bn By Year-end, Projects AfDB       The African Development Bank (AfDB), has projected that Africa’s Gross Domestic Product (GDP) could lose about $173.1 billion by year-end, and $236.7 billion in 2021, due to the impact of the on-going COVID-19 pandemic on the...

BREAKING: Adesina Re-elected As AfDB President     Nigeria’s Akinwumi Adesina has been re-elected as the President of the African Development Bank President for a second five-year term. The election took place electronically on Thursday at the virtual annual general meeting of the bank. Adesina’s reappointment on Thursday at...

AfDB: Finally, Review Panel Clears Adesina     The coast appears finally clear for African Development Bank President, Dr. Akinwumi Adesina to be inaugurated for a second term in the office as the independent review panel cleared him of all allegations against him by the United States...

AfDB Governors Authorize Independent Review of Allegation Against Adesina   The Bureau of the Boards of Governors of the African Development Bank (AfDB) Group has said that based on the views of some Governors on the whistle-blowers' complaint against Dr. Akinwumi Adesina, and the need to...

18 States Worse Hit By Poverty - AfDB   Poverty rate in more than half of the 36 states of the nation is above the national average of 69 per cent, the African Development Bank has said. The bank said this in its African Economic Outlook 2020...