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AfDB approves increased capital of $117bn to support Nigeria, others

The Board of Governors of the African Development Bank (AfDB) Group, has approved a capital increase of 117 billion dollars to further support Nigeria...
Business

AfDB’s Shareholders Inject Fresh $117bn As Capital Hits Record $318bn

The board of governors of the African Development Bank (AfDB) has approved a fresh general capital of $117bn making the lender’s capital reach a...
Business

Economic Challenges: ‘I Feel For President Tinubu’— AfDB President, Adesina

The President of the African Development Bank (AfDB), Akinwunmi Adesina, said he is sympathising with President Bola Ahmed Tinubu’s government over the economic challenges...
News

Nigeria Losing Best Brains To Japa Syndrome — AfDB President

The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has called on African leaders to create quality jobs for their teeming unemployed...
News

Adesina’s inconvenient truth on poverty, underdevelopment

At the Guardian 40th anniversary lecture in Lagos, the President of African Development Bank(AfDB), Dr. Akinwumi Adesina, blamed a lot of socio economic challenges...
Business

AfDB, Partners Secure $34.8bn Investments For Nigeria, Others- Adesina

The African Development Bank (AfDB) and its partners have declared an investment interest in the continent valued at $34.82bn at the African Investment Forum...
Business

AfDB secures $15.5bn investment for Abidjan-Lagos Highway project

Adesina spoke during the 2023 Africa Investment Forum (AIF) Market Days in Marrakech, Morocco, where participants gathered under the theme “Unlocking Africa’s Value Chains.”Adesina...
Business

AfDB, IDB, Others To Provide $1bn Funding For Nigeria ‘s Agric Sector

The African Development Bank (AfDB), Islamic Development Bank (IsDB), and the International Fund for Agricultural Development (IFAD) have decided to provide an additional $1...
Business

AfDB, Eritrea Strengthen Partnership To Boost Industrialization

The African Development Bank Group and Eritrea have strengthened their partnership to support the country’s growth, improve agro-industrialization, and place it on a more...
Business

AfDB President Urges Oxford MBA Graduates To Drive Change With World Class Education

The President African Development Bank (AfDB) Dr Akinwumi Adesina has urged the graduating executive MBA students of Oxford University’s Business School to be the...
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