Tag Archives: AfDB

EIB, AfDB Sign Action Plan to Fast-track Africa’s Development

The African Development Bank (AfDB) and the European Investment Bank (EIB) Wednesday signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow a …

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AU Recognises Adesina, 10 Others for Supporting AfCFTA

Dr. Akinwumi Adesina, President of the African Development Bank have been honoured for his leadership in successful implementation of the African Continental Free Trade Area(AfCFTA). African Development Bank in a statement, said Adesina received award for strong leadership and support alongside 10 African heads of state and government. The AfCFTA, …

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Africa Capable of Rising from COVID-19 Ashes– Experts

The 2020 African Economic Conference ended on an upbeat note on Thursday as the continent’s policymakers, leading researchers, economists and other experts called for a united approach to beating the COVID-19 pandemic. The meeting called on the private sector to take up the opportunity to fill the gap in declining …

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Moody Affirms AfDB’s AAA Credit Rating

Moody’s Investor Service has affirmed the African Development Bank’s AAA credit rating, with a stable outlook. “The credit profile of African Development Bank (AfDB) is supported by the bank’s robust capital buffers and superior risk management, which mitigate risks,” Moody’s Investor Service said in an annual credit analysis dated 27 …

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Farmz2U, OneKiosk, 4 Other Nigerian Startups Shortlisted for AfDB’s US$120,000 AgriPitch Prize

The African Development Bank AfDB) have announced twenty-five finalists for this year’s AYAF AgriPitch Competition with six Nigerian youth-led technology solution driven companies making the list. According to the AfDB’s report, Nigeria’s Farmspeak Technology, One Kiosk, Releaf and seven other African agric companies were selected in the Start-ups category. Over …

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