Tag: AfDB
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AfDB earmarks $25bn to fund Agriculture in Africa
The African Development Bank (AfDB), says it is currently investing 25 billion dollars to help make agriculture and agribusiness Africa’s biggest industry.
AfDB signs $4.8m AfCFTA grant to AU
The African Development Bank Group, AfDB, on Monday, August 5, 2019 signed a $4.8 million institutional support grant to the African Union (AU) for implementation of the African Continental Free Trade Area (AfCFTA).
AfDB identifies 14 sites for Agro-Industrial Processing Zones in Nigeria
The African Development Bank (AfDB), says it has identified 14 sites for the proposed Special Agro-Industrial Processing Zones (SAPZs) in Nigeria.
Why AfDB blacklisted these companies from Contracts bidding for 36 months
Some Nigerian construction companies have been debarred from bidding for contracts by the Africa Development Bank Group over alleged “fraudulent practices”. The debarment will last for a period of 36 months.
UN Supports AfDB’s $10 Billion Power Initiative
The United Nations has supported the quest of the African Development Bank to provide electricity to 250 million people in Africa through its ‘ Desert to Power’ electricity initiative.
