AfDB Grants $1 Million for Emergency Food Aid in Nigeria
The African Development Bank (AfDB) has approved a $1 million grant from its Special Relief Fund to provide emergency food ...
Tag: AFDB
AfDB Criticizes Slow Progress of Nigeria’s Agro-Industrial Project, Warns of Loan Cancellation
The African Development Bank (AfDB) has expressed frustration over the sluggish implementation of Nigeria’s Special Agro-Industrial Processing Zones (SAPZ) project, ...
AfDB Backs AXIAN Telecom with $160 Million to Expand Digital and Financial Inclusion Across Africa
The African Development Bank (AfDB) has approved a $160 million senior corporate loan to support AXIAN Telecom in expanding digital ...
AfDB’s Mission 300 Aims to Expand Energy Access for African MSMEs, Others
President Bola Tinubu has disclosed that the Nigeria-Grid Battery Energy Storage System will receive a $500 million facility from the ...
AfDB Plans $1 Billion for Agro-Industrial Zones Across Nigeria
The African Development Bank (AfDB) has announced a $1 billion financing plan for the second phase of its Special Agro-Industrial ...
World Bank Sets Terms for African Nations to Access $40 Billion in Power Finance
The World Bank and African Development Bank (AfDB) have announced a $40 billion financing initiative to address Africa’s electricity deficit ...
Africa Investment Forum 2024 Secures $7.6 Billion for Nigeria,Says AfDB President
The Africa Investment Forum (AIF) 2024 has generated $7.6 billion in investment interest for Nigeria, according to African Development Bank ...
AfDB to Disburse $2.2 Billion for Agro-Industrial Hubs in Nigeria
The African Development Bank (AfDB) has announced plans to release $2.2 billion in funding to establish Special Agro-Industrial Processing Zones ...
Farmers Doubts Federal Government’s Dry Season Farming Promises
Nigerian farmers have voiced concerns over the Federal Government’s dry season farming initiatives, questioning their inclusivity and implementation. While the ...
AfDB Invests $30M in Africa Finance Corporation to Drive Africa’s Green Transition
The African Development Bank (AfDB) Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) ...
