Tag:African Development Bank (AfDB)

AfDB, IITA sign $27m agreement to boost agricultural transformation in Africa

The African Development Bank (AfDB) and International Institute of Tropical Agriculture (IITA) on Wednesday, March 12, 2025, signed a $27 million agreement to finance...

AfDB reaffirms commitment to energy access in Africa

The African Development Bank (AfDB) has reiterated its commitment to boosting investments in Africa’s energy sector and scaling up climate financing through its newly...

Five candidates cleared for AfDB presidency race – Committee

The race to lead the African Development Bank (AfDB) has officially begun with the release of the list of candidates vying for the prestigious...

WRI, World Bank present landmark assessment of nature-based solutions in Africa

A new report by World Resources Institute (WRI) and the World Bank, with contributions from the African Development Bank (AfDB), provides what looks like...

New AfDB report highlights Africa’s strengthening economic growth amid global challenges

Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance and Outlook (MEO) report...

Mission 300: Significant new donor pledges in support of Sustainable Energy Fund for Africa announced

Denmark, the United Kingdom, Spain and France have unveiled new or additional contributions to the Sustainable Energy Fund for Africa (SEFA), demonstrating strong support...

AfBD, World Bank commit $40bn to Mission 300

 President and Chairman of the Board of Directors of the African Development Bank (AfDB), Dr. Akinwumi Adesina, says the bank and the World Bank...

AfDB to address hazardous chemicals in Africa’s least developed countries

The African Development Bank Group (AfDB) has approved an initiative aimed at tackling the challenge of hazardous chemicals in 11 Least Developed Countries (LDCs)...

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Economist says reliable power supply key to Nigeria, India $1bn steel deal

An economic expert, Dr Emmanuel Eche, says implementing Nigeria’s deal with Indian company, Rashmi Metaliks Group, to develop its...
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UAE exit from OPEC signals need to reassess Nigeria’s oil strategy – Expert

An energy expert, Dr Billy Gillis-Harry, says the United Arab Emirates’ (UAE) exit from the OPEC signals the need...

Countries reach consensus on new strategy to scale adaptation action for most vulnerable

Countries and partners have reached consensus on a new programming strategy for the Global Environment Facility’s Least Developed Countries Fund (LDCF) and Special Climate...

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Economist says reliable power supply key to Nigeria, India $1bn steel deal

An economic expert, Dr Emmanuel Eche, says implementing Nigeria’s...

UAE exit from OPEC signals need to reassess Nigeria’s oil strategy – Expert

An energy expert, Dr Billy Gillis-Harry, says the United...