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23/11/2011 - At its 41st Council Meeting held in Washington, D.C. on 9 and10 November 2011, the Global Environment Facility (GEF) approved a grant of USD 20.5 million for the Lake Chad Basin Regional Program for the Conservation and Sustainable Use of Natural Resources and Energy Efficiency.

Categories: Central African Republic, Nigeria, Cameroon, Chad, Niger, Climate Change, Global Environment Facility (GEF), Energy & Power, Climate Investment Funds (CIF)


30/05/2011 - On May 26th, the Board of Directors of the African Development Bank (AfDB) Group approved a sovereign guaranteed Program, in the amount of USD 500 million, to the Bank of Industry (BOI) for financing domestic-oriented Small and Medium-sized Enterprises (SMEs) in Nigeria. The funds for the Program will be channeled through BOI by way of a multi-tranche Line of Credit.

Categories: Nigeria, Private Sector Development


30/05/2011 - On May 26th, the Board of Directors of the African Development Bank (AfDB) Group approved a sovereign guaranteed Program, in the amount of USD 200 million, to the Nigerian Export-Import Bank (NEXIM) for financing export-oriented Small and Medium-sized Enterprises (SMEs) in Nigeria. The funds for the Program will be channeled through NEXIM by way of a multi-tranche Line of Credit.

Categories: Nigeria, Private Sector Development


10/03/2011 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 9 March 2011 in Tunis, a UA 21.8-million (USD 34.3 million) loan to Nigeria to finance capacity building for Public-Private Partnerships (PPP) in infrastructure sectors, particularly in power and transport.

Categories: Nigeria, Infrastructure


26/11/2010 - Vice President A. Ordu, accompanied by members of the delegation of the African Development Bank (AfDB), including Janvier Litse, Director, Elisha Sulai, advisor to the AfDB director for Nigeria, John Baffoe, resident representative, Valentin Zongo, expert in infrastructure and representatives from the Ministry of Finance, visited on 25 November 2010, the land that the authorities of the Federal Republic of Nigeria made available to the AfDB Group to build its representative office.

Categories: Nigeria, President's Corner, Country & Regional Programs & Policy


25/11/2010 - The African Development Bank (AfDB) participated, on 24 November 2010, to a business lunch hosted by the Nigerian business community. The meeting aimed at gathering useful views from key stakeholders on the Nigerian business environment and on opportunities for cooperation. Participation was drawn from financial institutions, potential clients, investment bankers, private sector and SMEs.

Categories: Nigeria, Private Sector Development, Country & Regional Programs & Policy, President's Corner


25/11/2010 - The African Development Bank (AfDB ) President, Donald Kaberuka, just completed a two-day official visit to Nigeria (23-24 November 2010). During this visit, he met with Goodluck Jonathan, President of the Federal Republic of Nigeria, who reiterated his congratulations and support.

Categories: Nigeria, President's Corner, Country & Regional Programs & Policy


25/11/2010 - An African Development Bank (AfDB) delegation, led by President Donald Kaberuka, met on 24 November 2010 Senator David Mark, president of the Senate of the Federal Republic of Nigeria. The delegation wanted to listen and learn from him on the current business environment in Nigeria.

Categories: Nigeria, Country & Regional Programs & Policy, President's Corner


24/11/2010 - Arc Namadi Sambo, Vice President of the Federal Republic of Nigeria, hosted on Tuesday 23 November 2010, at the State House, an official reception in honor of the African development Bank delegation.

Categories: Nigeria, President's Corner, Country & Regional Programs & Policy


24/11/2010 - An African Development Bank (AfDB) delegation led by its President, Donald Kaberuka, met with Nigerian development financial institutions (DFIs) officials on Wednesday, 24 November 2010 in Abuja to exchange views on how to boost the country’s economy through close collaboration.

Categories: Nigeria, President's Corner, Country & Regional Programs & Policy


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