African Development Bank Archives

Buhari nominates Adesina for re-election as AfDB President

October 7, 2019October 7, 2019

by October 7, 2019October 7, 2019

President Muhammadu Buhari has nominated Dr Akinwunmi Adesina for re-election as the President of African Development Bank (AfDB).Dr Akinwunmi disclosed this in Lagos after his...

Business Headlines News Nigeria

FG begins consultations on Agro-industrial zone

April 30, 2019April 30, 2019

by April 30, 2019April 30, 2019

The Africa Development Bank has begun consultations with investors and other stakeholders on the establishment of Special Agro-Industrial Processing Zones in the country. The Special...

Energy Headlines News Nigeria

AFDB advocates for effective tariff

April 24, 2019April 24, 2019

by April 24, 2019April 24, 2019

President of the African Development Bank (AfDB) Dr Akinwumi Adesina has said that Nigeria needs to evolve a more effective tariff structure in order to...

Business Headlines News Nigeria

Bank partners Elumelu to empower 3050 African youths

March 24, 2019March 24, 2019

by March 24, 2019March 24, 2019

The Tony Elumelu Foundation has selected 3,050 young entrepreneur for the 5th cycle of the foundation empowerment of entrepreneur with $5000 seed capital. The foundation...

Business Headlines News Nigeria

Osinbajo to attend Africa Investment Forum

November 7, 2018

by November 7, 2018

Vice President, Yemi Osinbajo, will depart Abuja November 7th, to attend the Africa Investment Forum organised by the African Development Bank, scheduled to hold at...

Business Headlines News Nigeria

AFDB begins mobilization for infrastructure investment

July 11, 2018July 11, 2018

by July 11, 2018July 11, 2018

The African Development Bank has begun the mobilization of private capital for investment in infrastructure. Addressing newsmen at the African Investment Forum in Abuja, the...

Banking Business Finance Headlines News Nigeria

Africa infrastructure needs $170b annually-AfDB

May 4, 2018May 4, 2018

by May 4, 2018May 4, 2018

The African Development Bank, AfDB, says Africa needs about 170 billion dollars annually to meet its infrastructure requirement. Secretary General of the bank, Prof. Vincent...

Africa Headlines News

Development Bank will boost Africa’s economy

April 10, 2018April 10, 2018

by April 10, 2018April 10, 2018

The Southern African Governors of the African Development Bank have described the Bank as the future of Africa’s development, and called on it to lead...