afdb
FG Set to Receive $2.2 Billion World Bank Loan, AfDB Budget Support
The Federal Government has secured a significant funding boost with a $2.2 billion single-digit interest loan from the World Bank and a budget support facility from the African Development Bank (AfDB).
Minister of Finance, Wale Edun, announced during … Continue Reading
African Development Bank (AFDB) Signs $75 Million Loan Agreement With Indorama to Boost Fertiliser Production in Nigeria
The African Development Bank (AfDB) has inked a $75 million loan agreement with Nigeria’s Indorama Eleme Fertiliser and Chemicals Limited to enhance production capacity and stimulate economic growth in Nigeria.
The agreement, announced on Thursday via the bank’s official website, … Continue Reading
AfDB Allocates $134 Million to Boost Nigeria’s Food Production
The African Development Bank (AfDB) has earmarked $134 million to support the cultivation of essential crops such as rice, maize, cassava, and soybeans.
The announcement was made by Dr. Akinwunmi Adesina, President of the AfDB, following his visit to the … Continue Reading
AfDB Initiates $540 Million Fund Disbursement for SAPZs in Nigeria
The African Development Bank (AfDB) is set to disburse $540 million for the first phase of Special Agro-Industrial Processing Zones (SAPZs) in Nigeria.
The initial phase targets three states – Oyo, Kaduna, and Cross River – with others expected to … Continue Reading
The African Development Bank Group is pleased to announce the appointments Director General, Southern Africa Regional Development and Business Delivery Office and Others
He has led numerous development initiatives in diverse country settings, ranging from fragile states like Afghanistan and Somalia
ABIDJAN, Ivory Coast – The African Development Bank Group is pleased to announce the appointment of Dr Kapil Kapoor as Director General, … Continue Reading