Tag: AfDB
Global leaders laud AfDB’s role in new financing pact
At this week’s Paris Summit for a new global financing pact, global leaders attending have applauded the African Development Bank for its role in...
AfDB okays $525,000 grant for African fintech companies
The African Development Bank has okayed a grant of $525,000 for an online digital hub to serve as a repository of knowledge for fintech...
AfDB issues $2bn five-year global bond
The African Development Bank has issued a two billion dollar five-year Global Benchmark bond due March 14, 2028.
The continental bank made this public in...
AfDB approves $20m for Africa’s renewable energy development
The Board of Directors of the African Development Bank Group today approved an equity investment of $20m in Evolution Fund III, a pan-African clean...
AfDB targets $63.8 billion in Africa and global investements 2022
A total of $63.8 billion has been targeted by the African Development Bank (AfDB) in investment interest from African and global investors in 2022...
Microsoft, AfDB partner to empower upcoming entrepreneurs
The African Development Bank has disclosed renewed partnership with Microsoft to scale technical and financial support for young entrepreneurs.
According to a statement, the partnership...
Nigeria needs help to tackle debt burden — AfDB
, has said Nigeria currently needs help in tackling its debt burden.This is according to the president of the African Development Bank, Akinwumi Adesina.
He...
AfDB ranked world’s Best Multilateral Financial Institution
The African Development Bank has been ranked as the Best Multilateral Financial Institution in the world in 2021.
The ranking, which was done by Global...
2023: ‘I’m focused on AfDB’, Adesina rejects calls to run for...
THE President of the African Development Bank (AfDB), Akinwumi Adesina, has rejected the calls from some Nigerians urging him to run for President in...
Energy, food prices to soar in Nigeria, others – AfDB
There is a likelihood that the costs of fertilizer, rising energy prices, and rising costs of food baskets, could worsen in Africa in the...