The federal government and the African Development Bank are set to implement agro-industrial projects in Kaduna and Calabar to boost food security.
The partnership advances several strategic objectives under the bank’s current country strategy for Nigeria, according to AfDB.
African Development Bank debars China Henan International Cooperation Group Company Limited for 12 months for a fraudulent practice.
AfDB president Akinwumi Adesina has been awarded the Obafemi Awolowo Prize for Leadership.
AfDB says Nigeria and other African economies are projected to grow by 4.1 per cent in 2023 and 4.3 per cent in 2024.
“In 2020, AfDB allocated 34 per cent of its approvals to the fight against climate change, lower than in 2019, to redirect its investments in response to the Covid-19 pandemic.
The next African Water and Sanitation Association congress will take place in February 2024 in Guinea Conakry.
In a statement issued on African Development Bank’s (AfDB) website, the global support came barely two months after the programme’s inauguration.
The competition targets African youths aged between 18 to 35 years working in the agricultural value chain.
Egypt and Nigeria “are among the top 10 remittance recipients globally,” with Egypt receiving $31.5 billion and Nigeria $19.2 billion in 2021.
