Africa’s GDP declined by $165bn in 2020 – Adesina
Africa's Gross Domestic Product (GDP) has declined by $165 billion in 2020, President of the African Development Bank (AfDB), Dr. ...
Tag: African Development Bank
AfDB blacklists 40 Nigerian firms over fraud
The African Development Bank (AFDB) says it blacklisted about 40 Nigerian firms and individuals for engaging in corrupt practices, fraud ...
AfDB earmarks $150m for women in agricultural sector
The African Development Bank (AfDB) has earmarked $150 million to support women in the agriculture sector before the close of ...
Buhari’s plan to lift 100m Nigerians out of poverty unlikely with high unemployment rate – AfDB
President Muhammadu Buhari’s plan to lift 100 million Nigerians out of poverty by 2030 is threatened by the high rate ...
AfDB earmarks $2bn to boost African trade
The African Development Bank (AfDB) says it will spend $2 billion to support infrastructure development that will boost the African ...
COVID-19: Why Africa should produce own vaccine – Adesina
President of the African Development Bank (AfDB), Akinwumi Adesina, says the continent needs to start producing and not beg for ...
Japan approves $668m loan to AfDB
The Japan International Cooperation Agency (JICA) has supported the 15th replenishment of the African Development Fund (ADF-15) with a loan ...
AfDB mobilizes $25bn for African climate adaptation
The African Development Bank (AfDB) has formally launched the Africa Adaptation Acceleration Program (AAAP) that would mobilize $25 billion to ...
AfDB projects 1.5% growth rate for Nigeria in 2021
The African Development Bank has projected a growth rate of 1.5 per cent for Nigeria in 2021, and a 2.9 ...