Africa: AfDB Approves U.S $300-Million Loan to Nigeria

The Board of Directors of the African Development Bank Group approved Wednesday in Abidjan, Côte d'Ivoire, a loan of US $300 million to finance the Transport Sector and… Read more »

Africa: AfDB to Host 2nd Governing Council Meeting of Africa Fertilizer Financing Mechanism

The African Development Bank Group will, on March 6, 2013 in Tunis, host the 2nd governing council meeting of the Africa fertilizer financing mechanism (AFFM). Read more »

Nigeria: Nigeria - African Sustainable Transport Preparation Grant Approved By Climate Investment Funds

The Climate Investment Funds (CIF) has approved a grant of US $950,000 to help Nigeria prepare for a proposed project to revamp Abuja's mass transit system. The request for the… Read more »

Nigeria: Nigeria Receives Approval for Additional CIF $50 Million to Bolster Energy Efficiency

The Climate Investment Funds (CIF) has announced an agreement to provide Nigeria with US $50 million to support an African Development Bank-supported program of financial… Read more »

Africa: AfDB Contributes to Presidential Summit On Innovative Funding of Water Sector in Nigeria

The African Development Bank Group is committed to supporting its regional member countries in their quest to increase sustainable access to safe water and basic sanitation in… Read more »

Africa: AfDB Supports Export-Oriented SMEs to Boost Local Job Creation in Nigeria

The African Development Bank (AfDB) signed on Tuesday, January 29, 2013 an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of respectively US… Read more »

Africa: AfDB Approves U.S $100 Million Loan to Boost Fertilizer Production in Nigeria

The Board of Directors of the African Development Bank (AfDB) has approved today a senior loan of US $100 million to Indorama Eleme Fertilizer & Chemicals Limited (IEFCL) to… Read more »

Africa: Launch of the Urban Water Supply and Sanitation Improvement Project in Oyo and Taraba States

The Governor of Taraba State, Danbaba Suntai, on October 24, and the Deputy Governor of Oyo State, Chief Moses Alake Adeyemo, on November 1, launched the Urban Water and Sanitation… Read more »

Africa: Interview With Eunice Egbuna, Director, Financial Integration, West African Monetary Institute

The Director of Financial Integration at the West African Monetary Institute, Eunice Egbuna, a Nigerian national, discusses the importance of girls' education in Africa's… Read more »

Africa: Former African Heads of State Obasanjo and Branco On Inclusive Leadership

Inclusive development must include equity, equality, transparency, popular participation in politics and the economy, former Nigerian president Olusegun Obasanjo said on October… Read more »

Africa: AWES Delegates Mull Solution to Women's Financial Exclusion

Delegates at the just concluded African Women Economic Summit (AWES) held in Lagos have proposed way out for financial exclusion of women in the continent. Read more »

Africa: Female Entrepreneurs Gather in Lagos for African Women's Economic Summit

The Second African Women's Economic Summit, currently under way in Lagos, is a "summit of action", said the president of the African Development Bank (AfDB), Donald Kaberuka, when… Read more »

Africa: The 2nd African Women's Economic Summit

In partnership with the African Development Bank (AfDB), New Faces New Voices (NFNV) is hosting its second African Women Economic Summit (AWES). African government, regulators,… Read more »

Africa: Africa's Top Business, Political and Academic Names to Flock to AfDB's Annual Meetings in Arusha

A dazzling array of Africa's most successful people, including a sitting president, a former president and a multibillionaire businessman, will gather at the Annual Meetings of the… Read more »

Africa: Ethiopia, Nigeria Get Financial Boost for Clean Energy

Ethiopia's efforts to increase energy efficiency and diversify its hydro-dependent energy mix through renewable energy got a USD 50 million boost from the Climate Investment Funds… Read more »

Africa: AfDB Approves U.S.$ 200M Line of Credit to AFC for Infrastructure Support

The Board of Directors of the African Development Bank (AfDB) approved on February 15, 2012 a USD 200 million line of credit (LOC) in favour of the Africa Finance Corporation… Read more »

Africa: New AfDB Study On Energy Reform in Africa Uses Nigeria As Case Study

The cost to the Nigerian government of its fuel subsidy shot up by almost five times to USD 9.3 billion between 2006 and 2011, and accounted for 30 percent of all federal… Read more »

Africa: AfDB Makes U.S.$ 100m Loan for Better Water and Sanitation in Nigeria

The African Development Bank (AfDB) has approved a loan of U.S.$D 100 million to improve water and sanitation in the city of Zaria in northern Nigeria through the African… Read more »

Africa: Promoting Green Economy for Africa's Structural Transformation (AfDB)

The green economy provides an innovative response framework for the structural transformation of the global economy, which has become inevitable given the global threats and… Read more »

Africa: 2011 Cif Partnership Forum - African Countries Are Ready for Cif Investments (AfDB)

African delegations from Algeria, Egypt, Ethiopia, Ghana, Niger, Nigeria, South Africa, and Tunisia will attend the CIF (Climate Investment Funds) Partnership Forum on 24-25 June… Read more »

Africa: AfDB Approves a Financial Package for the Bank of Industry (Nigeria)

On May 26th, the Board of Directors of the African Development Bank (AfDB) Group approved a sovereign guaranteed Program, in the amount of U.S.$ 500 million, to the Bank of… Read more »

Africa: AfDB Approves a Financial Package for the Nigerian Export-Import Bank

On May 26th, the Board of Directors of the African Development Bank (AfDB) Group approved a sovereign guaranteed Program, in the amount of U.S.$ 200 million, to the Nigerian… Read more »

Africa: AfDB Approves U.S.$ 34 Million for Nigeria's Ppp Infrastructure Capacity Development

The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 9 March 2011 in Tunis, a UA 21.8 million (U.S.$ 34.3 million) loan to Nigeria to finance… Read more »

Africa: AfDB Participates in High Level Working Lunch With Nigerian Business Community

The African Development Bank (AfDB) participated, on 24 November 2010, in a working lunch hosted by the Nigerian business community. The meeting aimed at gathering useful views… Read more »

Africa: Ground Visit by AfDB Delegation

Vice President A. Ordu, accompanied by members of the delegation of the African Development Bank (AfDB), including Janvier Litse, Director, Elisha Sulai, advisor to the AfDB… Read more »