Dr Akinwumi Adesina, the President, African Development Bank (AfDB) says the bank will support urban transportation system in Abuja. He said this in an interview on Wednesday in Abuja. According to him, the bank is also working with the Nigerian government to ensure that the Abuja Bus Rapid Transit (BRT) system was effective. The AfDB […]
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The African Development Bank on Tuesday declared that too many old and inefficient airplanes were flying around the continent. According to the bank, Africa is the riskiest of skies to fly in, as the continent accounts for only 3.4 per cent of all flight departures, represents over nine per cent of all air accidents, and […]
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The African Development Bank (AFDB), yesterday indicated its willingness to help Nigeria set up a new national airline to meet its growing demand for improve aviation facility. This indication was given by the president of the International Aviation Organisation (ICAO) council, Dr Olumuyiwa Bernard Aliu, during a courtesy call on President Muhammadu Buhari ahead of […]
Read More The African Development Bank on Tuesday said it could consider Nigeria for an additional $400 million loan if such a request was approved by its Board. “An additional $400m in support could be considered, if requested and approved by the Board, as part of a larger coordinated effort with other development partners, including the World […]
Read More The African Development Bank has called off a loan to Nigeria that would have helped fund the country’s budget, the Vice-President for Power, Energy, Climate Change and Green Growth, AfDB, Amadou Hott, has said. He said the bank would likely be redirecting the money to specific projects in Nigeria rather than give to the country […]
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Director of Special Projects, African Development Bank (AfDB), Dr Sipho Moyo, has said Africa’s fashion industry was best kept treasure capable of changing the continent’s economy. She told newsmen in Lagos on Sunday, on the sidelines of the “Fashionomics African Disrupt/Fashion Masterclass’’ that African fashion was unique. The Masterclass was organised by AfDB in partnership […]
Read More The African Development Bank (AfDB)’s new initiative Technologies for African Agriculture initiative will produce 513 million tonnes of additional food across Africa. It will also lift nearly 250 million Africans out of poverty by 2025. A statement from the bank said 25 African countries have written letters, confirming their interest and readiness to participate in […]
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When it first arrived Nigeria sometime in 2016 probably from western hemisphere, not many expected it to spread to over 40 countries in Africa in a year. That is the story of Fall armyworm that is marching across Africa, decimating crop lands and causing substantial financial losses, yet its soldiers are only 1.5 inches tall. […]
Read More As the nation continues to grapple with epileptic electricity supply, the Federal Government has made passionate appeal to the management of African Development Bank, AfDB, to assist in expanding its power distribution network. The Minister of State for Power, Works and Housing, Mustapha Baba Shehuri made the appeal at a meeting between officials of the […]
Read More The President’s charge aligns with the AfDB’s High 5 development priorities, in particular with the fifth goal to improve the quality of life for the people of Africa African Development Bank (www.AfDB.org) President Akinwumi Adesina has called for urgent action from stakeholders over the deepening crisis of global malnutrition. Adesina made the call as he […]
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The World Health Organisation, Director, Regional Office for Africa, Dr. Matshidiso Moeti, has advised the Federal Ministry of Health to mobilise the World Bank, African Development Bank and development agencies to the North-East to facilitate the rebuilding of region. Moeti said this during a press conference in Abuja on Saturday. She said the rescue operation in […]
Read More The Africa Development Bank, AfDB, is willing to promote remittances into Africa from its Diaspora community to boost the region’s economic growth, Gabriel Negatu, the bank’s Director General for East Africa Regional Centre, said. Negatu said this in Nairobi on Monday during the AfDB Business Opportunity Seminar. He added that the bank was working with […]
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