African Development Bank
25 Mar
He remains the exception rather than the rule. The redolent rule of course, is about the successive crop of self-serving, unpatriotic and conscienceless political leaders, whose stock-in-trade is that of vaulting ambition to have a firm grip on the pedestal of political power, with the aim to satiate their epicurean tastes at the expense of…
23 Feb
The African Development Bank has committed $80 million in loan financing for this state-led pioneering special economic zone project, designed to foster linkages between educators, researchers, innovators, entrepreneurs, and industries, all within one location.
9 Dec
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has called on African leaders to create quality jobs for its teeming unemployed youths to stem the trend of brain-drain bedeviling the continent.
8 Dec
To fix this and break this cycle of dependence, the African Development Bank launched a $3 billion facility to support the development of local pharmaceutical companies in Africa.
8 Dec
Africa is a baffling continent sitting on mounds of paradoxes. The paradox of rich but poor continent is a familiar theme.
7 Dec
ADB • Ministers, leaders chart new path for urbanisation,climate change • As COP28 mobilises over $57b, NNPC seals LNG deal The African Development Bank has advocated that African countries should be exempted from a plan by the European Union to impose a carbon tax on some imports. Under the EU's Carbon Border Adjustment Mechanism (CBAM),…
7 Dec
Our support to Ethiopia helped it achieve self-sufficiency in wheat within four years, turning it into a wheat exporting nation. To replicate global success, the African Development Bank helped organise the Feed Africa summit in January, which attracted 34 heads of state and government.
5 Dec
It is an honour and a pleasure to join you today to celebrate the 40th anniversary of what I consider to be one of Nigeria’s, and indeed Africa’s, finest newspapers.
18 Nov
Seven newly elected Nigerian Governors visited the African Development Bank (AfDB) Group President, Akinwumi Adesina, in Abidjan to strengthen cooperation and unlock the country’s vast agricultural potential.[ad]A statement issued by the Bank on Saturday, said the delegation was led by Katsina State Governor Dikko Radda.
15 Nov
Zamfara State Governor, Dauda Lawal, is among seven Northwest governors who are expected to depart Nigeria on Wednesday for Abidjan, Côte d’Ivoire, for a meeting on utilising the Special Agro-Industrialization Programme of the African Development Bank (AfDB). The other governors are those of Sokoto, Jigawa, Kaduna, Katsina, Kano and Kebbi states. A press statement issued…
25 Sep 2023
• Says 23 states have indicated interest The African Development Bank (AfDB) has disclosed plans to commence the phase II of the Staple Crop Processing Zone project (SCPZ). The Director General of AfDB, Lamin Barrow, who revealed this during the inception workshop of the SCPZ in Abuja, said owing to the success of the first…
12 Jul 2023
The West African Capital Markets Integration (WACMI), has announced a minimum capital standard of $500,000 for broker/dealers that intends to trade across the West African region.
Latest
3 mins ago
NORTHERN Elders Forum (NEF) has expressed deep concern over alleged harassment and attack on northerners conducting their legitimate businesses in southern Nigeria by criminal elements in the past three months. NEF clarifies that it had never engaged in any discussion regarding the politics of 2027 or decided on whom to support or not to…
11 mins ago
KANO Electricity Distribution Company (KEDCO) has concluded plans to invest N1.2 billion in network expansion and improvement of power supply to the famous Dawanau International Grains Market, Kano State. The Head, Corporate Communications, Sani Bala Sani, stated, yesterday, that the network expansion and power generation were some of the company's major plans to improve power supply…
19 mins ago
FORMER Peoples Democratic Party (PDP) chieftain, Senator Rafiu Ibrahim, who represented Kwara South in the 8th National Assembly, has passed on at 58 years of age. Ibrahim, who died about 4.30am, yesterday, at an Abuja hospital, has been buried according to Islamic rites in a Muslim cemetery, Osere, in Ilorin, Kwara State. The deceased was, reportedly,…
22 mins ago
Mikel Arteta has urged Arsenal to use the "pain" of the Champions League quarter-final exit against Bayern Munich to fuel their Premier League title bid.
29 mins ago
Two of Africa's leading professional coaching bodies, the Life Coaches Association of Nigeria (LCAN) and the African Board of Consultants, Coaches and Coaching Psychologists (ABCCCP) have announced a landmark partnership to propel the coaching profession across the continent. This strategic alliance is poised to redefine standards, ethics, and professional development for coaches throughout Africa, setting…
35 mins ago
In recognition of the recent gains made in the fight against oil theft in the country, the National Probity and Value for Nation building Organisation (NPVNBO) has lauded Tantita Pipeline Surveillance and Security Company for its role in complementing the military’s effort to secure the country’s critical assets. The group spoke against the backdrop of…
1 hour ago
A caucus of the Peoples Democratic Party (PDP) has lent its support to Umar Damagum to continue as the acting national chairman. The PDP has been embroiled in a leadership tussle, with members urging the resignation of the Damagum-led National Executive Committee (NEC). Damagun will, however, maintain his position as the party's acting national chairman…
1 hour ago
The Minister of Justice, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial Crimes Commission (EFCC) from carrying out its lawful duty .
1 hour ago
The prosecution sought 12-year prison sentences Wednesday for the founders of a now-defunct law firm at the center of the so-called "Panama Papers" tax evasion scandal.
1 hour ago
The spokesperson of the All Progressives Congress (APC) in Kano, Ahmad Aruwa, has accused the administration of Bola Ahmed Tinubu of undermining and conspiring against the suspended National Chairman of the APC Dr. Abdullahi Umar Ganduje. Although the former Governor, Ganduje recently declared the rock backing he's receiving from the presidency on the heel of…