Tag: AfDB

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‘I Maintain My Innocence’-AfDB Boss Speaks On Graft Accusations

The President of the African Development Bank (AfDB), Akinwumi Adesina on Wednesday, said despite accusations of corruption levelled against him, he will continue working.

Coronavirus: AfDB Approves $2m Emergency Assistance For WHO

The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to help African countries contain the COVID-19 pandemic and mitigate its impacts.

Tony Elumelu Foundation secures $5 million grant from AfDB to support entrepreneurs

The African Development Bank (AfDB), has approved a grant of $5 million to the Tony Elumelu Entrepreneurship Programme (TEEP) in order to scale up the foundation's outreach and impact to 1,000 selected youth entrepreneurs

AfDB approves $210m power projects in Nigeria

The board of the African Development Bank during its board resolution at their headquarters in Abidjan on Wednesday approved $210m (N64.26bn at the official exchange rate of N306 to $1) for power projects across the country being handled by the Transmission Company of Nigeria.

AfDB shareholders from 80 countries approve $115 bn capital increase

The governors of the African Development Bank, representing shareholders from 80 countries, have approved $115bn increase in capital for the continent’s foremost financial institution. The approval was made at an extraordinary shareholders meeting held on Friday, November 1, 2019 in Abidjan.

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Afreximbank raises authorised capital to $25bn, makes board changes

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Nigeria’s judiciary being repositioned by Tinubu to strengthen justice delivery, says Wike

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Stakeholders laud Tinubu’s Executive Order on pharmaceutical products

Stakeholders in the pharmaceutical industry have described President Bola...

Torrential rainfall: Lagos calls for calm, assures floods will abate

The Lagos State Government on Wednesday called for calm...

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