News & Events
19/11/2013 - November 14 marked a milestone in the history of Zaria, Kaduna State, with the launch of its $480 million Water Supply, Expansion and Sanitation Project. The start-up was launched at the site of the newly built water treatment plant in a ceremony with the Governor of Kaduna State; the Emir of Zazzau, Alhaji Shehu Idris; Ajisegiri Benson, representative of the Minister for Water Resources; and the Country Director of the African Development Bank as guests of honour.
07/11/2013 - Barely six years after Nigeria and Cameroon signed a Memorandum of Understanding that was to put their socio-political differences behind them, the Enugu-Bamenda Road Project linking the two countries is already showing signs of a positive impact in the region. In fact, the African Development Bank-financed project is a genuine success story, paving the way for regional integration and greater social cohesion.
07/11/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, October 30 a US $20 million equity investment in ARM-Harith Infrastructure Fund (ARMHIF). ARMHIF is a new infrastructure private equity fund based in Nigeria with a targeted fund size of US $250 million.
06/11/2013 - "Agricultural value chain entails all the activities from the field to the fork, and encompasses the steps from primary production, processing, storage, transportation, and marketing/export to consumption of commodities."
01/11/2013 - The Board of Directors of the African Development Bank has approved an ADF loan of US$ 152.12 million (UA98.78 million*) and an ADF grant of US$ 0.38 million (UA0.25 million) to finance Nigeria’s Agricultural Transformation Agenda Support Program Phase 1 (ATASP-1).
25/10/2013 - Ten clean energy projects representing a total aggregate investment of over USD 80 million in bio-fuels, solar, biomass and hydro-power initiatives developed by West African entrepreneurs and companies were presented to investors in Accra at the West Africa Forum for Clean Energy Financing (WAFCEF).
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23/10/2013 - Under its Strategy for 2013-2022, “At the Center of Africa’s Transformation”, and its Agriculture Sector Strategy 2010-2014, the African Development Bank has designed a new set of innovative projects aimed at improving food security in Africa.
19/09/2013 - The project consists of the development of a Bus Rapid Transport (BRT) system in Abuja. The AfDB Group will leverage funding from the Clean Technology Fund (CTF). The project will contribute towards developing good quality public transport system in the city. Not only will this reduce reliance on cars, but will also provide affordable transport that increases the level of social inclusiveness.
05/09/2013 - On the invitation of the Federal Government of Nigeria, the President of the African Development Bank Group, Donald Kaberuka, on Tuesday, September 3, 2013, attended the 19th Nigerian Economic Summit as a special guest and panelist in the Presidential Roundtable Discussions moderated by the BBC.
23/08/2013 - The African Development Bank (AfDB) and the African Union Commission (AUC) have signed a grant agreement worth US $45 million to boost the Pan African University.