AfDB, AFD ink €2bn co-financing deal for impact projects in Africa
Ben EguzozieNovember 15, 2021
Nigeria and other member-countries of the African Development Bank (AfDB) Group are to benefit from a €2 billion co-financing and
AfDB, StanChart share default risk in $50m intra-African trade boosting facility
Onome AmugeSeptember 15, 2021
The board of directors of the African Development Bank (AfDB) has approved a $50 million multinational trade finance risk
AfDB president awarded Leadership Person of the Year
Businessam StaffSeptember 15, 2021
Akinwumi Adesina, president of the African Development Bank Group (AFDB), has been conferred the 2020 Leadership Person of the Year
Nigerian firm, Sargittarius, affiliates, banned by AfDB over fraudulent practices
Ben Eguzozie & Charles AbuedeAugust 18, 2021
By Ben Eguzozie & Charles Abuede African multi-lateral financial institution, African Development Bank Group (AfDB) has
Report scores African Development Fund high among leading providers of development assistance
Wale AmeenMay 30, 2021
Wale Ameen Online Editor The African Development Fund, the concessional arm of the African Development Bank Group has been ranked
AfDB Group completes clearance of Sudan’s $413 million arrears
BEN EGUZOZIEMay 13, 2021
…UK provided £148m bridge financing; Sweden $4.2m grant; Ireland €150,000 …Debt clearance by DFIs a precondition to Sudan’s HIPC debt
AfDB tasks Nigeria on urgent economic diversification
Onome AmugeMay 12, 2021
Onome Amuge The African Development Bank (AfDB) has charged the Nigerian government to urgently diversify its economy
Africa’s industrialisation shortfall leading to devaluation in global market, analysts confirm
Onome AmugeMay 11, 2021
Onome Amuge Africa, according to a report by the African Development Bank Group (AfDB), is one of the least industrialised regions of
Ethiopia: ADF provides $31.2m to boost country’s nutrition, end child stunting
BEN EGUZOZIEApril 30, 2021
Ben Eguzozie, in Port Harcourt Board of directors of the African Development Fund (ADF) has given approval to a grant of $31.2
AfDB slams Nigerian company with 36 months long debarment for fraudulent practice
Wale AmeenApril 28, 2021
Debarment to be enforced by other development banks Wale Ameen Online Editor The African Development Bank Group has slammed a