AfDB News – Page 3 of 7 – Prime Business Africa

African, Global Institutions Pledge $175M For Green Infrastructure

African and global institutions, joined by the governments of Germany, France, and Japan along with philanthropies, have pledged over $175 million towards the Alliance for Green Infrastructure in Africa (AGIA). This commitment

Emmanuel Ochayi

12 months ago

AfDB Announces $1.44 Billion Investment In Nigeria's Infrastructure

Africa·Business·Latest News

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

In a revelation, the African Development Bank (AfDB) foresees Nigeria emerging as a global leader in lithium-ion battery manufacturing. Highlighting the country’s potential, the bank’s revised economic outlook for 2024, which was unveiled,

Emmanuel Ochayi

12 months ago

Africa·Business·Latest News

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

In an update to economic outlook, the African Development Bank (AfDB) has slashed growth projections for the African economy from 4.3% To 3.8% In 2024, highlighting various factors contributing to the downward revision. Speaking to

Emmanuel Ochayi

12 months ago

Africa·Business·Latest News·Tech News

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

U.S. Commercial Service and the African Development Bank have cemented a partnership aimed at revolutionizing digital innovation across the African continent. “This is a pivotal moment for Africa’s technological evolution,” remarked Ashley

Emmanuel Ochayi

12 months ago

Lagos Govt Pushes For Over N10 Billion Annual Budget To Overhaul Security

Business·Finance & Economy·Latest News

AfDB Report Reveals Lagos Budget Disparity, Ignites Wasteful Spending Outcry

The African Development Bank (AfDB) has uncovered startling revelations about Lagos State’s budget allocation and its impact on the city’s impoverished population. The report titled From Millions to Billions: Financing the Development of

Emmanuel Ochayi

1 year ago

Africa Banker Awards 2023: Full Nominees List

Africa·Business·Latest News

AfDB Unveils Programmes To Bolster Macro-Economic Governance In Africa

In a bid to fortify Africa’s economic landscape and foster sustainable development, the African Development Bank (AfDB) Group has initiated tailor-made programmes aimed at enhancing institutional capabilities for robust macro-economic management and

Emmanuel Ochayi

1 year ago

Finance & Economy·Latest News

AfDB’s Adesina Differentiates Between Africa’s Fastest Way Out Of Poverty, And Into Wealth

Insisting that Africa must help feed the world by becoming a global player in agriculture, President of the African Development Bank (AfDB), Dr Akinwumi Adesina says “We must recognise that the fastest

Victor Ezejaand

Admin

1 year ago

Africa·Business·Latest News

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

Dr. Akinwumi Adesina, President of the African Development Bank (AfDB) has announced that the Abidjan-Lagos highway corridor, a lifeline for regional economic integration has attracted $15.5 billion in investment interest. Speaking during

Emmanuel Ochayi

1 year ago

AfDB’s AFAWA Initiative Set To Mobilize $5bn For African Women-led Businesses

The Affirmative Finance Action for Women in Africa (AFAWA) initiative, a pan-African endeavor by the African Development Bank, has announced its goal to mobilize $5 billion in financing for African women-led enterprises

Emmanuel Ochayi

1 year ago

Business·Latest News

Nigeria Govt Secures $1.5bn World Bank Loan, $80m From AfDB

The Nigerian government on Monday, announced that it has secured $1.5 billion from the World Bank and an additional $80 million from the African Development Bank to boost it’s finances. These facilities

Emmanuel Ochayi

1 year ago

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AfDB News - Page 3

African, Global Institutions Pledge $175M For Green Infrastructure

Nigeria Can Lead Lithium-Ion Battery Production, Climate Transition, Says AfDB

AfDB Revises Africa’s Economic Growth From 4.3% To 3.8% In 2024, Cites Multifaceted Challenges

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

AfDB Report Reveals Lagos Budget Disparity, Ignites Wasteful Spending Outcry

AfDB Unveils Programmes To Bolster Macro-Economic Governance In Africa

AfDB’s Adesina Differentiates Between Africa’s Fastest Way Out Of Poverty, And Into Wealth

AfDB Unveils $15 Billion Investment Interest In Abidjan-Lagos Highway Corridor

AfDB’s AFAWA Initiative Set To Mobilize $5bn For African Women-led Businesses

Nigeria Govt Secures $1.5bn World Bank Loan, $80m From AfDB

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