Most Recent News

African Development Bank secures $31 billion at investment forum

The African Development Bank, AfDB, raised $31 billion in investment commitments for projects during the Africa Investment Forum, said the bank’s president Akinwumi Adesina at the end of the three-day.

  • 0

Nigeria: AfDB, JICA Pledge $244m Over Emergency Food Production

The African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), have pledged the sum of $244 million dollars for emergency food production in Nigeria. The President of the.

  • 0

Nigeria: AfDB, FDA, Others okay $618m Investment

The African Development Bank (AfDB), the French Development Agency (FDA) and the Islamic Development Bank (IsDB) have pledged to invest $618 million in the Digital and Creative Enterprises Programme (I-DICE).

  • 0

US Okays $5m Grant to AfDB Over Methane Emissions

The United States government has approved a $5 million grant for the African Development Bank, AfDB, to support efforts to abate methane gas emissions across Africa. Methane accounts for about.

  • 0

AfDB Enhances Private Sector Assistance to Central African Region

The African Development Bank’s (AfDB) Enhanced Private Sector Assistance (EPSA) through its Central Africa Regional Development, and Business Delivery Office seeks to engage with private sector organizations from the region.

  • 0

Japan Awards Scholarship to African Students

The Japan Africa Dream Scholarship program has awarded two-year scholarships to high-achieving African students to pursue post-graduate studies in priority development areas across Africa and in Japan. The Head of.

  • 0

AfDB President, Adesina calls for more Japanese investments in Africa

The African Development Bank President, AfDB, Dr Akinwumi Adesina has urged Japanese prospective investors to invest more in Africa where investment opportunities and returns on investment are among the highest.

  • 0

Japan, AfDB declare US$5 bn support for Africa’s Private Sector

The government of Japan and the African Development Bank, AfDB, have declared a US$5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative.

  • 0

AfDB Board approves $1bn emergency facility to boost food security in Africa

The African Development Bank, AfDB Group’s Board of Directors has approved 24, fast-track programs to help Africa mitigate rising food prices and inflation caused by Russia’s war in Ukraine, climate.

  • 0

AfDB hails coherence of Morocco’s development plan, resilience of its economy

President of the African Development Bank (AfDB) and Chairman of the Africa50 Board of Directors, Akinwumi Adesina, hailed on Tuesday in Marrakech the coherence of Morocco’s development plan and the.

  • 0