AfDB News – Page 2 of 7 – Prime Business Africa

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

Nigeria's Minister of Art, Culture, and Creative Economy, Hannatu Musawa, announced the launch of the $617 million Investment in Digital and Creative Enterprises (IDICE) Fund, a collaborative effort with the African Development

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News

Italy Pledges $6bn To Support Africa’s Infrastructure, Job Creation, Agriculture, Others

The government of Italy has committed nearly US$6 billion (€5.5 billion) to support African development, unveiling a plan aimed at fostering economic links and creating an energy hub for Europe. The announcement

Emmanuel Ochayi

1 year ago

AfDB Partners Enugu State Govt In Agro-Processing, Infrastructure

African Development Bank (AfDB) has expressed keen interest in collaborating with the Enugu State Government to propel investment and infrastructural development.

Emmanuel Ochayi

1 year ago

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Africa

AfDB Resumes Operations In Ethiopia After 2 Months Of Diplomatic Row, Moves To Probe Missing Funds

The African Development Bank Group has announced that it will normalise relations with Ethiopia and resume operations in the country after two months of diplomatic row following the “unlawful arrest and assault”

Victor Ezeja

1 year ago

Africa·Business·Latest News

AfDB Launches Initiative To Tackle Continent’s Rising Debt Challenges

In a concerted effort to confront the mounting debt plaguing the continent, the African Development Bank Group has spearheaded the formation of the African Debt Managers Initiative Network (ADMIN). This initiative aims

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News

AfDB, UK FCDO Approve $1 Billion For South Africa’s Just Energy Transition

In a move signaling a commitment to green growth and sustainable development, the African Development Bank Group, in partnership with the UK Foreign Commonwealth and Development Office (FCDO), has given the nod

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News

AfDB, FSDH Partner For $20M Trade Finance Boost To Nigerian SMEs

The African Development Bank (AfDB) has forged an agreement with FSDH Merchant Bank, signing a $20 million Trade Finance Facility aimed at bolstering support for small- and medium-sized enterprises (SMEs) within Nigeria’s

Emmanuel Ochayi

1 year ago

Business·Latest News·World News

Africa Risks $25bn Yearly Loss To EU’s Carbon Tax – AfDB’s Adesina Explains How

President of the African Development Bank (AfDB) Dr. Akinwumi Adesina has warned that a new European Union (EU) carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added

Victor Ezejaand

Admin

1 year ago

Africa·Latest News·Oil & Gas

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, revealed statistics highlighting Africa’s disproportionate share of global renewable energy investments. Adesina in an address at the Sustainable Trade Africa Conference in Dubai emphasized how

Emmanuel Ochayi

1 year ago

Africa·Business·Latest News

AfDB Approves $252.83 Million Loan For Road Infrastructure In Uganda

The Board of Directors of the African Development Bank Group approved a loan amounting to $252.83 million for Uganda for the road infrastructure. The loan is allocated to finance the construction of

Emmanuel Ochayi

1 year ago

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AfDB News - Page 2

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

Italy Pledges $6bn To Support Africa’s Infrastructure, Job Creation, Agriculture, Others

AfDB Partners Enugu State Govt In Agro-Processing, Infrastructure

AfDB Resumes Operations In Ethiopia After 2 Months Of Diplomatic Row, Moves To Probe Missing Funds

AfDB Launches Initiative To Tackle Continent’s Rising Debt Challenges

AfDB, UK FCDO Approve $1 Billion For South Africa’s Just Energy Transition

AfDB, FSDH Partner For $20M Trade Finance Boost To Nigerian SMEs

Africa Risks $25bn Yearly Loss To EU’s Carbon Tax – AfDB’s Adesina Explains How

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

AfDB Approves $252.83 Million Loan For Road Infrastructure In Uganda

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