AfDB, Partners Commit $30b to Food Security in Nigeria, other African Countries
The African Development Bank (AfDB) and other development partners have pledged $30 billion to national compacts aimed at achieving food sufficiency on the African continent within the next five years.…
EAIF Commits €25 million to Energy Infrastructure in Africa
EAIF provides long-term financing package alongside regional institutions and other senior lenders: AfDB, AFC, and DEG
African Development Bank Offers $520b to Boost Food Production in Nigeria
“Hunger in Nigeria cannot be justified. Nigeria has the land, with 34 million hectares of arable land with rich and diverse agroecology."
AfDB Launches Project to Create Jobs in Nigeria, 2 other African Countries
Barrow said the project would address unemployed youths and those in the early start-up stage who had not gained traction due to limited skills and financial resources.
AfDB to Support FSDH with $25m to Finance Nigerian SMEs
The Bank will also guarantee up to 100% of non-payment risks arising from letters of credit and similar trade finance instruments issued by FSDH under the guarantee portion
“Our Current Financial Sector Portfolio in Nigeria is $1.3b,” says AfDB
Bank is supporting Nigeria’s Infrastructure Debt Fund through a $10 million facility that provides long-term local currency debt financing.