Nigeria receives AfDB financing for rural electrification project
Nigeria’s Federal Government has received financing from the African Development Bank (AfDB), for the Nigeria Electrification Project (NEP), a nationwide ...
Tag: AFDB
AfDB approves $27 million to boost AU’s COVID-19 Response
The approval comes on the heels of a meeting of the extended Bureau of the AU Conference of Heads of ...
Post COVID-19: Africa’s growth stands to rebound to 3% in 2021 – AfDB
Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impact; ...
AfDB to support newly launched Nigeria’s cassava project
The African Development Bank (AfDB) will be supporting the newly launched BASIC–II project of the International Institute of Tropical Agriculture (IITA). This ...
AfDB joins WTO and other Multilateral Development Banks to support trade finance amid COVID-19 crisis
Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up their trade finance programs to support essential ...
Africa’s GDP may drop by $88.3 billion due to Covid-19 – AfDB
The African Development Bank (AfDB) has forecasted a drop of between $22.1billion and $88.3billion in Africa’s Gross Domestic Product (GDP) ...
AfDB enlists Ogun as special Agricultural Processing zone
Ogun State Commissioner for Agriculture, Dr Adeola Odedina has disclosed that the African Development Bank (AfDB), has enlisted Ogun state ...
30,000 MSMEs and 300,000 Households in Bayelsa to benefit from AfDB and World Bank $550m Solar Power Plants
Multiple solar off-grid power plants, with a total capacity of 134.64 kilowatts have been commissioned in communities in Bayelsa State ...
