AfDB names Keyamo champion of $7bn African aviation drive
AfDB appoints Keyamo to lead $7bn African aviation transformation programme.
Ethiopia To Host 2023 African Economic Conference
In a collaborative effort to foster sustainable industrial development across Africa, the African Development Bank (AfDB), the United Nations Economic...
Nigeria Unveils $600 Million Initiative to Support Young Entrepreneurs in Tech and Creative Sectors
Discover how Nigeria's Vice President Yemi Osinbajo introduced a $600 million program to support young Nigerian entrepreneurs in technology and creative sectors, aiming to boost innovation and economic growth.
Four Nigerian Startups, 21 Others Jostle For AfDB’s $140,000 Grants
Four Nigerian startups and 21 others have been selected to compete for the African Development Bank AgriPitch grant, OduNews reports.
No Plans To Issue Eurobonds In 2023 – FG
Nigeria's Minister of Finance Zainab Ahmed says the country has no plans to issue Eurobonds in 2023, OduNews reports.
AfDB Disburses Over $1.1bn To 20,500 Nigerian MSMEs
The African Development Bank says it has disbursed over $1.1 billion worth of interventions to 20,500 Nigerian based Micro, Small and Medium Enterprises.
OPEC Fund, AfDB Sign MoU To Promote Africa’s Development
The Organisation of Petroleum Exporting Countries (OPEC) Fund for international development and the African Development Bank have signed a memorandum...
AfDB Attracts $63.8bn In Investments In 2022
The African Development Bank has attached $63.8 billion in investments from African and global investors in 2022, OduNews reports.
World Bank Blacklists Nigerian Companies, Individuals Over Corruption
The World Bank has banned five Nigerian companies and individuals from benefiting from its contract for corrupt practices.
AfDB Doles Out $25m Loan For Nigerian SMEs
AfDB has approved a $15 million trade finance line of credit and a $10 million transaction guarantee for FSDH Merchant Bank in Nigeria.
Microsoft Bolsters Partnership With AfDB To Promote Youth Entrepreneurship
Microsoft has partnered with the African Development Bank (AfDB) to develop youth entrepreneurship ecosystems in Africa.
AfDB, FDA, Islamic Devt Bank Invest $618m In Nigeria’s Digital Programme
The African Development Bank, Islamic Development Bank, and the French Development Agency are investing $618 million in Nigeria's digital programme.
What Nigeria Must Do To Attract Foreign Investments – Adesina
AfDB President Akinwunmi Adeshina has stated what Nigeria needs to do to attract foreign investments.
Africa Loses About 15% Of GDP Per Capita Growth To Climate Change
African countries lose between 5% and 15% of their Gross Domestic Product to climate change annually, OduNews reports.
AfDB To Launch €1.25bn 7-Year Global Benchmark Social Bond
The African Development Bank (AfDB) will launch a 7-year global benchmark social bond by September 14, 2022.
Japan Govt, AfDB Announce $5bn Support For Africa’s Private Sector
The Japanese government and the African Development Bank have announced a $5 billion support for the private sector in Africa.
Averting An African Food Crisis By Akinwunmi Adesina
The President of the African Development Bank Akinwunmi Adesina penned this opinion article titled "Averting An African Food Crisis.
AfDB, Côte d’Ivoire Government Begin 2023-2027 Strategy Discussions
The African Development Bank and the Côte d'Ivoire government have begun preliminary strategy discussions to lay the foundations for the Bank's strategy in Côte d'Ivoire over the next five years.
AfDB, SEC Sign $460,000 Capital Market Surveillance Deal
Nigeria's Securities and Exchange Commission (SEC) and the African Development Bank Group (AfDB) have signed an agreement for a grant worth $460,000 on a market surveillance system project.
AfDB To Support Local Banks, SMEs With €50M
The African Development BanThe African Development Bank board of directors have approved €50 million to support local banks and Small and Medium Enterprises in Africa.k board of directors have approved €50 million to support local banks and Small and Medium Enterprises in Africa.