Capital Market: AfDB Targets Larger Share Of $5trn ETFAs For Africa   President of African Development Bank (AFDB) Dr. Akinwumi Adesina has unveiled collaborative plans with the London Stock Exchange Group’s Africa Advisory Group (LAAG) with a view to attracting a bigger share of the $5...

AfDB Partner DFID To Provide $80m Infrastructure Support   The African Development Bank and the Department for International Development are partnering to provide $80m infrastructure support for African countries. In a statement, the President, AfDB, Dr Akinwumi Adesina, said this while delivering his speech during at the...

AfDB’s Active Portfolio In Nigeria Now $4.8bn   The African Development Bank (AfDB)’s active portfolio in Nigeria rose to $4.8 billion as at December 13, 2019, the bank disclosed in a statement at the weekend. With AfDB President, Dr. Akinwumi Adesina, telling Nigerian journalists in April that...

Operator Demands $50m For Lagos Cable Car Project   Transactions worth $40.1bn were secured at the second edition of the African Investment Forum, President of the African Development Bank, Dr Akinwumi Adesina, has said. Ropeways Transport, promoter of Lagos Cable Car Project, also sought $50m from financiers...

AfDB, Investors Working To Close $67bn Deals     Investors and partners of the African Investment Forum are working on closing investment transactions worth $67bn at the second edition of the forum, which kicked off on Monday in Johannesburg. The President, African Development Bank, Dr Akinwumi Adesina, disclosed...

AfDB Identifies 14 Sites For Agro-industrial Processing Zones In Nigeria The African Development Bank (AfDB) has said that it has identified 14 sites for the proposed Special Agro-Industrial Processing Zones (SAPZs) in Nigeria. Prof. Banji Oyelaran-Oyeyinka, Special Adviser on Industrialisation to AfDB’s President, Dr Akinwumi Adesina,...