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AfDB’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund provides over $7.3m for youth jobs, skills

In June and July of this year, an African Development Bank (AfDB) technical review committee approved eight project proposals to receive funding in an...

AfDB bars Sargittarius Nigeria Ltd., affiliates for 18 months over fraud

The African Development Bank (AfDB) Group in a statement on Tuesday, announced an 18-month debarment of Sargittarius Nigeria Limited and its affiliates, including Sargittarius...

AfDB President Adesina laments Nigeria’s poverty situation, says it’s unacceptable

Agency Report Dr Akinwunmi Adesina, the President of the African Development Bank (AfDB), has said that Nigerians deserve wealth, rather than poverty. The AfDB boss added...

AfDB, IFAD affirm Ogun most suitable for Special Agricultural Processing Zone

Ogun is naturally a SAPZ location and suitable for SAPZ innovation and case study. Ogun State has been described as the most suitable...

S&P Global affirms AfDB’s AAA rating with stable outlook

“The AAA rating by S&P Global Ratings affirms our prudent financial and risk management at the African Development Bank...," Ratings agency S&P Global has...

AfDB, partners, agree to strengthen commitment to gender equality

"If women can participate in the continent's economic growth and transform their livelihoods, Africa's economies will be transformed" Under the theme "Development Banks...

Africa’s energy master plan takes shape as AfDB, AUDA-NEPAD release key report

AFRICA The African Union Development Agency (AUDA-NEPAD) and the African Development Bank have released recommendations of a baseline study that looked into the development of...

AfDB Webinar: Despite COVID-19 pandemic, Africa still a prime investment destination, participants affirm

Participants at a webinar to present the African Development Bank’s (AfDB) African Economic Outlook Supplement to Asian audiences on Monday have endorsed the report as critical for...

AfDB approves $27.33 million to ramp up African Union’s COVID-19 Response Initiative

ABIDJAN, Ivory Coast, September 9, 2020/ -- The African Development Bank’s Board of Directors on Wednesday approved $27.33 million in grants to boost the...

AfDB: Akinwumi Adesina re-elected President for 2nd term

The President of African Development Bank (AfDB), Dr Akinwumi Adesina, has been re-elected to serve for a second term of five years. According to News...
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