AfDB Boosts Nigeria’s Food Production with $134 million Grants by Techeconomy March 4, 2024 0 Commerce The African Development Bank (AfDB) has provided Nigeria with $134 million in support for the cultivation of essential crops such ... Read more
AfDB: 11 of the World’s 20 Fastest Growing Economies in 2024 are in Africa (FULL LIST) by Techeconomy February 19, 2024 0 News The African Development Bank Group announced in its latest Macroeconomic Performance and Outlook (MEO) report that Africa will host eleven ... Read more
AfDB Launches $2Bln Social Bond Under Its New Framework by Techeconomy January 23, 2024 0 Finance The African Development Bank (AfDB) has announced the launch of a $2 billion three-year Social Global Benchmark. It’s AfDB’s first ... Read more
UBA Secures $175m Facility from AfDB to Support Infrastructure Development by Techeconomy December 19, 2023 0 Finance The United Bank for Africa (UBA) has received a $175 million financial package from Africa Development Bank (AfDB) Group. Techeconomy ... Read more
AfDB to Disburse $250m for Nigeria Electrification Project by Techeconomy September 15, 2023 0 Environment The African Development Bank (AfDB) is ready to dole out $250 million for the Nigeria Electrification Project (NEP). Read more
AfDB, ASEA Secure $600k Grant to Expand Network of Linked African Stock Exchanges to 15″ by Justice Godfrey Okamgba July 6, 2023 0 Finance The African Securities Exchanges Association (ASEA) and the African Development Bank Group have signed an agreement for a $600,000 grant ... Read more
AfDB, Airbus and ATR Collaborate to Boost Africa’s Commercial Aviation by Techeconomy June 30, 2023 0 Travel By; OLIVIA NNOROM The African Development Bank (AfDB) has taken initiatives to strengthen access to finance for African airlines and ... Read more
AfDB, Partners Commit $30b to Food Security in Nigeria, other African Countries by Justice Godfrey Okamgba January 28, 2023 0 Finance The African Development Bank (AfDB) and other development partners have pledged $30 billion to national compacts aimed at achieving food ... Read more
EAIF Commits €25 million to Energy Infrastructure in Africa by Peter Oluka January 14, 2023 0 Commerce EAIF provides long-term financing package alongside regional institutions and other senior lenders: AfDB, AFC, and DEG Read more
African Development Bank Offers $520b to Boost Food Production in Nigeria by Justice Godfrey Okamgba October 25, 2022 0 Finance “Hunger in Nigeria cannot be justified. Nigeria has the land, with 34 million hectares of arable land with rich and ... Read more
AfDB Launches Project to Create Jobs in Nigeria, 2 other African Countries by Justice Godfrey Okamgba October 21, 2022 1 Commerce Barrow said the project would address unemployed youths and those in the early start-up stage who had not gained traction ... Read more
AfDB to Support FSDH with $25m to Finance Nigerian SMEs by Joan Aimuengheuwa October 5, 2022 0 StartUPs The Bank will also guarantee up to 100% of non-payment risks arising from letters of credit and similar trade finance ... Read more
“Our Current Financial Sector Portfolio in Nigeria is $1.3b,” says AfDB by Yinka Okeowo July 19, 2022 0 Finance Bank is supporting Nigeria’s Infrastructure Debt Fund through a $10 million facility that provides long-term local currency debt financing. Read more