Tuesday, September 27, 2022


September 13, 2022

Africa losing 15% GDP to climate change: AfDB

Africa has been losing five to 15 per cent of its Gross Domestic Product (GDP) per capita growth to climate change and its related impacts.

Kevin Urama
June 26, 2022

AfDB expending $11.5 million for infrastructures in West Africa: Official

The African Development Bank Group (AfDB), says it is implementing infrastructure projects worth $11.5 billion in West Africa.

June 2, 2022

AfDB Projection: Financial experts advise Buhari on revamping economy

The AfDB projected the average growth rate of Nigeria’s economy this year through 2023 at 3.2 per cent.

President Muhammadu Buhari
May 28, 2022

Youths in Nigeria, 12 other countries to benefit from AfDB’s entrepreneurship banks

“It will create youths based wealth for the continent,” said Akinwumi Adesina, the president of the AfDB Group.

Dr Akinwumi Adesina
May 21, 2022

Russia-Ukraine War: AfDB approves $1.5 billion facility to support Africa’s food system

The facility is expected to reach over 20 million African farmers to deal with the food shortfall.

AfDB building
May 12, 2022

Russia-Ukraine War: Many African homes can’t afford bread anymore, AfDB says

Mr Adesina said 15 African countries imported more than half of their wheat, and much of their fertilisers and oil from Ukraine and Russia.

Dr Akinwumi Adesina
December 16, 2021

AfDB provides €70 million facility for West African businesses

The African Development Bank (AfDB) has approved a €70 million worth line of credit to support businesses in the West African Economic and Monetary Union.

AfDB building
September 17, 2021

AfDB budgets $1 million for Africa’s ageing hydropower stations

The move would add 200 megawatts in generation capacity, create 150 jobs and reduce greenhouse gas emissions.

Akinwunmi Adesina
May 27, 2021

Green Grids: SEFA gives $1 million to African countries

Sustainable Energy Fund for Africa has extended a $1 million-dollar grant to African countries for the transition to flexible green grids.

Akinwunmi Adesina
May 11, 2021

AfDB proposes hasty industrialisation for Nigeria’s crumbling economy

The economic expert regretted how all the industries established in the early post independence Nigeria had become moribund.

African Development Bank (AfDB) building