The Africa Continental Free Trade Area is projected to make Africa the largest free trade zone in the world SEOUL, Republic of Korea, February 10, 2019/ — “We are working hard with governments to improve transparency, governance, accountability and project delivery across the continent. Corruption does not invest in the future, it kills the future,” […]
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The Afe Babalola University, Ado-Ekiti, has conferred a Doctor of Letters, Honoris Causa on the President of the African Development Bank, Akinwumi Adesina in recognition of his immense contributions to socio-economic development on the continent. John Olachy Momoh, Chairman of Channels Media Group, Nigeria’s multi award-winning television station also received an Honoris Causa at the […]
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The President of African Development Bank (AfDB), Dr. Akinwumi Adesina, says that the Bank in 2017 achieved its highest annual disbursement ever of 7.67 billion dollars on supports. Adesina said this in a statement made available to the News Agency of Nigeria (NAN) on Thursday in Abuja. He said that the Bank would continue to […]
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The African Development Bank, (AfDB) would increase its investments in Nigeria to $8 billion by next year, the President, Dr. Akinwumi Adesina, has revealed. Speaking at the opening of the bank’s Country Office building in Abuja, Thursday, he said that the institution would continue to strongly support Nigeria, the largest shareholder of the bank. According […]
Read More President of the African Development Bank (AfDB) Akinwumi Adesina has said that the continental bank has released $250 million for the construction and rehabilitation of the Northeast of Nigeria, destroyed by the Boko Haram insurgents. The president said that the AfDB has constructed a big building behind the Yar’Adua Centre started in 2016 and completed. […]
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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 […]
Read More 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 […]
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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President of African Development Bank (AfDB), says the bank and World Bank have set aside $800 million for the provision of agriculture technologies to farmers in Africa. Dr. Akinwumi Adesina made this known at the ongoing 2017 African Green Revolution Forum (AGRF) on Wednesday in Abidjan. According to him, the financial support will come under […]
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The Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony O. Elumelu, CON, has called on African leaders and development institutions to help address the deepening job and employment crisis bedevilling the continent by lending support and paying more attention towards the agricultural sector, creating access to electricity and developing entrepreneurship. Elumelu […]
Read MorePresident of the African Development Bank (AfDB), Dr Akinwumi Adesina, has been named the 2017 World Food Prize Laureate at a ceremony at the U.S. Department of Agriculture. President of the Foundation, Kenneth Quinn, who presented the award, said Adesina won the prize “for driving change in African agriculture for over 25 years and improving […]
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