African Development Bank Group

The African Development Bank Group (AfDB) has barred Maxicare Company (Nigeria) Ltd from conducting business with it for the next three years. The bank said, on its website, on Wednesday, that the debarment, for engaging in “collusive…

Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from…

Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty. This fifteenth replenishment of the ADF (ADF-15), up 32% from…

Board of Directors of the African Development Bank Group has approved a $210 million financing package to Nigeria, for Nigeria’s Transmission Expansion Project (NTEP1), which seeks to rehabilitate and upgrade the nation’s power lines and…

The African Development Bank Group (www.AfDB.org) on 9 October, 2019 approved an African Development Fund (ADF) grant of $30 million and a $1.3 million grant from the Rural Water Supply and Sanitation Initiative Trust Fund for the upgrading…

The African Development Bank Group (www.AfDB.org) has approved a $13.2 million financing package from the African Development Fund for a fisheries and aquaculture development project in Malawi. The Sustainable Fisheries, Aquaculture…

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved loans of around €209 million to fund the expansion of a highway that links major economic hubs in Kenya. The approval was granted on 26 September…

Cal corporate lawyer, Chinelo Anohu has been appointed by the African Development Bank Group (AfDB) as head and senior Director of Africa Investment Forum. The appointment which took effect on September 1, 2019 was disclosed by the AfDB…

BABAJIDE OKEOWO Mouka Limited, Nigeria’s foremost indigenous mattress and foam products manufacturer, has become one among a few African companies to be recognised twice by the London Stock Exchange Group (LSEG), in the group’s Companies…