African Development Bank

The Muslim Rights Concern (MURIC) has said that for fairness, justice and equity, the next Yoruba presidential ticket must go to a Yoruba Muslim. Apparently reacting to an alleged plan by former President Olusegun Obasanjo to draft the…

Former President Olusegun Obasanjo is believed to be currently drumming support for the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, to enter the 2023 presidential race. Obasanjo, by his perceived support for…

The African Development Bank (AfDB) says it is ready to support investments from Japan to initiate inclusive and sustainable development in the continent. AfDB’s Director, Syndications, Co-financing and Client Solutions, Mr Samuel…

The Board of Directors of the African Development Bank, on Wednesday, approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts that are threatening…

President Muhammadu Buhari on Tuesday met behind closed doors with Dr. Akinwunmi Adeshina, the President of the African Development Bank (AfDB) at the President Villa, Abuja. News Agency of Nigeria (NAN) reports that the AfDB boss, who…

The Board of Directors of the African Development Bank (https://www.AfDB.org/) has approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar, which will add 205 MW of renewable energy…

The Board of Directors of the African Development Bank (www.AfDB.org), on Thursday, approved a $124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation Project in Nigeria. The amount includes…

Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (https://www.AfDB.org/) board in Abidjan on Thursday. The…

The African Development Bank (AfDB.org) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. The agreement to set up a Continental Power…

Leaders from multilateral development banks, financial institutions and the private sector called on peers to dispel myths about women being too “high risk” for financing - and to offer more financial services for women in business to…