Wednesday, July 8, 2026

African Development Bank (AfDB)

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
April 30, 2021

FG seeks $500 million innovation fund from AfDB

“We are also reconvening the Technology and Creativity Advisory Council, made up of public and private sector stakeholders, to advise the government on policies.”

Osinbajo and Adesina
April 28, 2021

Fraud: AfDB slams Nigerian company with 36 months debarment

Maxicare and its affiliates will be ineligible to participate in the bank’s group-financed projects within the period.

African Development Bank (AfDB) building
April 28, 2021

AfDB gives Kogi $100 million loan

“The project must be carried out in a way that will benefit the entire state and generations yet unborn.”

April 15, 2021

OECD, AfDB to tackle corruption, bribery in Nigerian businesses

“In case of fraud or corruption suspected with companies or persons, the Bureau of Integrity and Anti-Corruption of the bank initiates an investigation of allegations.”

March 6, 2021

Nigeria receives AfDB grant for capital market development

The fund is expected to simulate capital market development to unlock financial resources for productive sector investments.

December 20, 2020

AfDB board approves $7m for sustainable energy projects

The bank says it aims to boost energy access in remote regions and enhance climate resilience throughout Africa.

African Development Bank (AfDB) building