World Bank, AfDB to connect 300m people to electricity in Africa
April 18, 2024 The World Bank Group (WBG) and African Development Bank(AfDB) Group are partnering to provide no fewer than 300 million people in Africa with electricity access by 2030….
Nigeria set to grow 2.9% in 2024 as Africa’s economic growth fell to 3.2% in 2023- AfDB
February 16, 2024 Africa’s economic growth fell to 3.2% last year from 4.1% in 2022, the African Development Bank said on Friday, but it projected higher growth this year for…
Africans must stand together to mobilise, manage productive resources – AfDB
Dec. 15, 2023 Africans must stand together to mobilise and efficiently manage the resources required to enhance productivity and create wealth in Africa for Africans. The African Development Bank’s (AfDB),…
AfDB head at COP28 urges African exemption from EU carbon tax
December 7, 2023 African countries should be exempted from a plan by the European Union to impose a carbon tax on some imports, the head of the African Development Bank…
Africa accounts for just 3% of the total US$ 25.3 trn global trade – Adesina
Dec. 6, 2023 The President of the African Development Bank (AfDB), Akinwumi Adesina, says Africa accounts for just 3 per cent of the total US$ 25.3 trillion global trade and…
Africa’s hydropower plants set for upgrades to boost generation
December 4, 2023 The African Development Bank (AfDB) is drawing up plans for $1 billion of upgrades to a dozen hydropower plants in Africa, bank officials said on Monday, boosting…
AIF: Abidjan-Lagos highway corridor secures $15.5bn investment – Adesina
Nov. 8, 2023 Dr Akinwumi Adesina, President of African Development Bank (AfDB) said that the Abidjan-Lagos highway corridor has secured a 15.5 billion dollars investment interest. Adesina said this while…
Africa Investment Forum mobilises $142bn investment interest in 5 yrs- AfDB
Nov. 6, 2023 The African Development Bank (AfDB) says the Africa Investment Forum (AIF), has mobilised close to 142 billion dollars in investment interest since 2018. AfDB in a statement,…
South-East Group Lauds Tinubu For Appointing Agbasi As FERMA MD
October 19, 2023 A group under the aegis of Eastern Mandate forum EMF has commended President Bola Ahmed Tinubu for appointing Anambra-born Chukwuemeka Agbasi as the 9th substantive Managing Director…
VP Shettima to represent Tinubu at 3rd Belt and Road Initiative forum in China
To Participate In AfDB, World Food Prize-Facilitated Norman E. Borlaug International Dialogue In Iowa, USA The Vice President, Sen. Kashim Shettima, will depart Abuja today for Beijing, China,…