AfDB: African leaders rally support for Adesina
No fewer than 15 former African Presidents on Friday rallied support for President of African Development Bank (AfDB), Dr Akinwumi Adesina, lauding him for taken the bank to amiable heights….
AU Summit: Do more to stop illicit capital flows -AfDB president tells African leaders
Dr Akinwumi Adesina, the President of African Development Bank (AfDB) has underscored the need for Africa to also do more to stop illicit capital flows. The bank’s Communications and External…
AfDB pledges to continue transforming Nigeria’s agriculture sector, says size of food, agriculture in Africa will rise to $1 trillion by 2030
African Development Bank President Akinwumi Adesina reminded students of the important role they have to play in the continent’s economic development, as he was conferred with an honorary…
AfDB has $20bn investments’ portfolio in ECOWAS region – Adesina
The African Development Bank (AfDB), says its portfolio investments in the Economic Community of West African States (ECOWAS) region is 20 billion dollars. This is contained in a statement released…
AfDB Group becomes a shareholder in AFC with $50m in equity
Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, has announced that the African Development Bank Group, AfDB, Africa’s highest investment-grade rated (AAA with stable outlook)…
Africa sees improvements in visa openness – report
Africa has seen great improvements in visa openness as Africans can travel to more countries visa-free, according to the 2019 Africa Visa Openness Index released on Monday. For the first…
AfDB approves record capital boost of 125% to $208 billion to meet funding needs
AfDB President Akinwumi Adesina The African Development Bank’s board approved a 125 per cent capital increase to $208 billion on Thursday, the largest in the lender’s history, AfDB President…
World Food Prize and World Hunger Fighters Foundation launch Fellowship for Young African Agribusiness Innovators
The World Food Prize Foundation, WFP, and the newly launched World Hunger Fighters Foundation, WHFF, are partnering to provide year-long fellowships for young African food innovators and entrepreneurs. The…
Africa is not in a debt crisis, I don’t think there’s a deliberate plan by China to indebt any country – Adesina
China is not trying to lead African countries into a debt trap and provides critical investment along with other countries to close a funding gap for crucial infrastructure projects on…
Africa has to have its own industrial capacity -AfDB
African nations will need to boost output of goods and services and integrate payment systems if they are to take advantage of a new $3.4 trillion economic initiative, according to…