Tag: AfDB

New AfDB President Unveils Agenda
September 2, 2025 No Responses

New AfDB President Unveils Agenda

The new President of African Development Bank (AfDB), Dr Sidi Ould Tah has pledged to focus on reforms, strengthening partnerships and empowering youths and women across Africa in his first 100 days in office.In his inaugural speech on Monday in...
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Minister, AfDB President To Visit SAGLEV’s  EV Assembly Plant In Lagos
July 29, 2025 No Responses

Minister, AfDB President To Visit SAGLEV’s  EV Assembly Plant In Lagos

All is now set for the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole and President  of African Development Bank (AfDB),Dr. Akinwumi  Adesina to visit the SAGLEV Electric Vehicle (EV) Assembly and Manufacturing facility on Wednesday and Thursd...
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Tinubu Congratulates Adesina, AfDB President At 65
February 6, 2025 No Responses

Tinubu Congratulates Adesina, AfDB President At 65

President Bola Tinubu congratulates President of the African Development Bank, (AfDB), Dr Akinwunmi Adesina, on his 65th birthday.The President rejoices with the former Minister of Agriculture and Rural Development, whose leadership of national and multilatera...
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Nigeria Secures $1.1b AfDB Loan
January 30, 2025 No Responses

Nigeria Secures $1.1b AfDB Loan

The Nigerian Government  has secured a $1.1 billion loan from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026. According to Bayo Onanuga, Special Adviser to the President, (Information &amp...
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AfDB Unveils $100m Investment Bank For Nigerian Youths
October 19, 2024 No Responses

AfDB Unveils $100m Investment Bank For Nigerian Youths

The African Development Bank (AfDB) has approved a Youth Entrepreneurship Investment Bank for Nigeria.  AfDB president, Akinwunmi Adesina disclosed this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head...
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Adesina Bags Awolowo Prize For Leadership
March 7, 2024 No Responses

Adesina Bags Awolowo Prize For Leadership

President of the African Development Bank (AfDB), Dr Akinwumi Adesina has bagged the 2023 Obafemi Awolowo Prize for Leadership. At a colourful ceremony on Wednesday in Lagos, Serving and former African Presidents took turns to commend the outstanding leadershi...
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AfDB Supports Nigeria With $134 Million To Cultivate Rice, Maize, Cassava, Soyabeans
March 4, 2024 No Responses

AfDB Supports Nigeria With $134 Million To Cultivate Rice, Maize, Cassava, Soyabeans

The African Development Bank (AfDB) is supporting Nigeria in the cultivation of rice, maize, cassava and soyabeans to boost food production. The bank is providing $134 million to achieve this, it president, Dr Akinwunmi Adesina, said on Saturday after visiting...
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AfDB Approves $23.04m For Floating Dock Facility In Ghana
June 23, 2023 No Responses

AfDB Approves $23.04m For Floating Dock Facility In Ghana

The Board of Directors, African Development Bank (AfDB) has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western...
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AfDB Commits $10bn To Drive  Food Security In Africa 
January 27, 2023 No Responses

AfDB Commits $10bn To Drive  Food Security In Africa 

The African Development Bank (AfDB) Group is to commit $10 billion over the next five years to make Africa food secure.  The president of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa Food Summit in Diamniadio,...
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AfDB Mobilises $31b Investment Interest 
November 7, 2022 No Responses

AfDB Mobilises $31b Investment Interest 

The African Development Bank (AfDB), has drawn 31 billion dollars in investment interest from African and global investors.  In a statement issued by the Communication and External Relations unit of the AfDB, President of the bank, Dr Akinwumi Adesina sai...
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FG Secures $134m Loan From AfDB To Boost Wheat Production
August 4, 2022 No Responses

FG Secures $134m Loan From AfDB To Boost Wheat Production

The Federal Government has obtained a $134m loan from the Africa Development Bank (AfDB) to boost wheat production.  Minister of Agriculture and Rural Development, Dr Muhammad Mahmoud, said this in Abuja while briefing State House correspondents on the implem...
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AfDB Secures $15.6b For Lagos-Abidjan Highway Construction
May 6, 2022 No Responses

AfDB Secures $15.6b For Lagos-Abidjan Highway Construction

The president, African Development Bank (AfDB), Dr Akinwumi Adesina says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway. Adesina tweeted this on his twitter handle @akin_adesina obtained by the News Agenc...
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AfDB To Double Africa’s Climate Finance To $25b 
April 21, 2022 No Responses

AfDB To Double Africa’s Climate Finance To $25b 

The African Development Bank (AfDB) will within the next five years double the climate change finance of Africa to $25 billion   Dr Kevin Kariuki, AfDB Vice-President for Power, Energy, Climate and Green Growth, said this at a virtual news conference...
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Adesina Canvasses Support For Dangote’s Petrochemicals, Fertiliser Plant
January 24, 2022 No Responses

Adesina Canvasses Support For Dangote’s Petrochemicals, Fertiliser Plant

President of the African Development Bank (AfDB), Akinwumi Adesina, at the weekend canvassed support for Dangote Refinery and Fertiliser projects.   The AfDB boss, who was on a tour of Dangote refinery and fertiliser projects over the weekend with the board....
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