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ADF Approves $8m to Improve Banking System in West Africa0
ADF Approves $8m to Improve Banking System in West Africa The Board of Directors of the African Development Fund (ADF) has approved eight million dollars to boost the banking system on the continent. A statement by African Development Bank (AfDB) said the fund was for establishing a digitally interoperable unique bank identification system. It said
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AfDB Provides Over $1.1bn Worth Interventions to Nigerian SMEs — Adesina0
AfDB Provides Over $1.1bn Worth Interventions to Nigerian SMEs — Adesina The African Development Bank says it has provided over $1.1bn worth of interventions for 20,500 Micro, Small and Medium Enterprises, SMEs in Nigeria. It said that this had contributed to the creation of more than 440,000 jobs in Nigeria, with women and youths accounting
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UN Urges World Leaders to Invest in Quality Jobs, Social Protection0
UN Urges World Leaders to Invest in Quality Jobs, Social Protection The UN Secretary-General, António Guterres has urged governments across the world to “quickly” invest in quality job creation and the provision of social protection for those without coverage. This is contained in a statement issued by the Communication and External Relations Department of the
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Coalition Picks N100m APC Nomination Forms for AfDB President, Adesina0
Coalition Picks N100m APC Nomination Forms for AfDB President, Adesina The President of the African Development Bank and former minister of Agriculture, Dr Akiwumi Adesina, on Saturday, obtained copies of his Nomination and Expression of Interest forms to vie for the All Progressives Congress presidential ticket. This is as a coalition of 28 groups consisting
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Ukraine War: Over $10bn Food Production at Risk in Nigeria, Others –AfDB0
Ukraine War: Over $10bn Food Production at Risk in Nigeria, Others –AfDB The African Development Bank Group President, Dr Akinwumi Adesina, says a fertiliser crisis triggered by the Russian war in Ukraine could put more than $10bn worth of food production at risk in Africa. He said this during a three-day official visit to Washington
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AfDB okays $210m for Nigeria’s agro-industrial processing zones0
The President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has said the bank will loan $210 million to Nigeria for special agro-industrial processing zones across the country. The loan, approved by the bank’s Board of Directors, will help to unlock the country’s agricultural sector and impact the lives of millions of people in
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