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.