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Tag Archives: AfDB

Nigerian North West State Governors visit African Development Bank to boost cooperation

Seven newly elected Nigerian State Governors visited the African Development Bank Group in Abidjan to strengthen cooperation and unlock the country’s vast agricultural potential. The delegation, meeting with Bank President Dr Akinwumi Adesina, was led by Katsina State Governor Mallam Dikko Umar Radda, and included Governors Dr Nasiru Idris of …

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Shettima arrives US for AfDB World Food Prize event

Nigeria’s Vice President Kashim Shettima, on Sunday, arrived in the United States for the African Development Bank’s World Food Prize. Shettima will participate in the AfDB World Food Prize-facilitated Norman E. Borlaug International Dialogue which will commence on October 24 in Iowa. This was contained in a statement by the …

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West Africa: African Development Bank, Ecowas Bank for Investment and Development sign loan agreement for $50 million and €50 million to enhance regional food security

The African Development Bank Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and €50 million to support local agricultural businesses in West Africa.Dr. George Agyekum Donkor, President and Chairman of the Board of Directors …

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AfDB, Korea sign $28.6m pact to boost Africa’s development

The African Development Bank (AfDB) and the government of Korea have signed two agreements for financial support to boost Africa’s development agenda. The agreements were signed in Busan, South Korea last Wednesday, during the 7th Korea-Africa Economic Cooperation Ministerial Conference, which was co-hosted by the bank and Korea. The value …

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AfDB To Fund IPMAN’s Nationwide CNG Infrastructure Rollout

The projected mass rollout of Compressed Natural Gas (CNG) refilling outlets across all states of Nigeria is becoming a reality with seven banks ready to manage a revolving fund facility from the African Development Bank(AfDB), LEADERSHIP has reported. The National President of IPMAN , Elder Chinedu Okoronkwo confirmed to the …

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African Devt Bank proposes ‘fast track’ compensation for Zimbabwe white ex-farmers

The African Development Bank (AFDB) has developed financial instruments to “fast track and front load” $3.5 billion in compensation to white farmers whose land was taken from them by Zimbabwe’s government, the bank’s president said on Monday. Akinwumi Adesina’s announcement, which did not include details of the proposed instruments, comes …

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Debt Clearance: Zimbabwe concludes meeting with Creditors and Development Partners

Zimbabwe has concluded a fourth Structured Dialogue Platform meeting on debt clearance with creditors and development partners. President Emmerson Mnangagwa of #Zimbabwe, Akinwumi Adesina, President of the African Development Bank, Joaquim A. Chissano, former President of #Mozambique, Constantino G. D. N. Chiwenga, Vice President of Zimbabwe, government ministers, development partners …

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