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Akinwumi Puts AfDB Infrastructure Investment At $40bn

Ebuka Daniel The African Development Bank President Dr Akinwumi Adesina has said that a concerted effort to change the narrative on Africa in the United States is necessary to attract increased investments into the continent. He said the need for advocacy in the United States made having an African Development …

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AfDB Appoints Amadou As General Consul

Oluwasina Phillip The African Development Bank is pleased to announce the appointment of Dr. Souley Amadou as General Counsel and Director of the Legal Service Department, effective 1st November 2021. A transactional lawyer, Dr. Souley Amadou has over 25 years of substantive legal work experience, including over 20 years spent …

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AfDB President Conferred With Leadership Person Of The Year Award 2020

oluwasina Phillip The President of the African Development Bank Group, Dr. Akinwumi A. Adesina, has received the Leadership Person of the Year award from the Leadership Newspaper Group in Nigeria. The award was given “in recognition of his impeccable public service record and extra-ordinary accomplishments in driving the growth and development of the …

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AFREXIMBANK Invests In African Telecommunications Firm

Oluwasina Phillip The African Export-Import Bank (Afreximbank) has announced a minority investment by the Fund for Export Development in Africa (FEDA) into Liquid Intelligent Technologies (Liquid), a pan-African telecommunications technology group. This is the first investment made by FEDA, a development impact-oriented subsidiary of Afreximbank, which provides equity and quasi-equity …

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