News & Events
13/03/2013 - The African Development Bank (AfDB) has launched Open Data Platforms for the following 20 African countries: Algeria, Cameroon, Cape Verde, Democratic Republic of Congo, Ethiopia, Malawi, Morocco, Mozambique, Namibia, Nigeria, Ghana, Rwanda, Republic of Congo, Senegal, South Africa, South Sudan, Tanzania, Tunisia, Zambia and Zimbabwe
Categories: Tunisia, Morocco, Algeria, Cameroon, Congo, Democratic Republic of Congo, Zimbabwe, Zambia, Mozambique, Angola, Rwanda, Ethiopia, Senegal, Nigeria, Cape Verde, Côte d’Ivoire, Malawi, Namibia, Ghana, South Sudan, South Africa, Tanzania, Economic & Financial Governance
28/02/2013 - The African Development Bank Group, on Wednesday, February 27, 2013, held the first meeting of its Board of Directors in Abidjan since the Bank’s relocation to Tunisia in 2003, signalling the first steps of the Bank’s return to Côte d’Ivoire, AfDB President Donald Kaberuka said at the meeting’s opening.
Categories: Côte d’Ivoire, Nigeria
28/02/2013 - The Board of Directors of the African Development Bank Group approved Wednesday in Abidjan, Côte d’Ivoire, a loan of US $300 million to finance the Transport Sector and Economic Governance Reform Program and the Nigeria Country Strategy Paper (CSP) for the period 2013-2017.
Categories: Côte d’Ivoire, Nigeria, Economic & Financial Governance, Transport
22/02/2013 - The Climate Investment Funds (CIF) has announced an agreement to provide Nigeria with US $50 million to support an African Development Bank-supported program of financial intermediation for renewable energy and energy efficiency through local banks, as part of the country’s national Investment Plan endorsed by the CIF in 2010. The money, being provided under the CIF’s Clean Technology Fund (CTF), is designated to stimulate alternative and efficient ways to generate electricity and to reduce dependence on energy sources which contribute significantly to greenhouse gas emissions.
Categories: Nigeria, Infrastructure, Energy & Power, Environment, Climate Change, Climate Investment Funds (CIF)
22/02/2013 - The Climate Investment Funds (CIF) has approved a grant of US $950,000 to help Nigeria prepare for a proposed project to revamp Abuja’s mass transit system. The request for the project preparation money was submitted to the CIF by the Government of Nigeria and the African Development Bank (AfDB). This is the first time the CIF has approved a sustainable transport project preparation grant within Africa, and marks the way forward for the transport sector as part of the AfDB and CIF work to help Africa move toward low-carbon and climate-resilient development.
Categories: Nigeria, Transport, Infrastructure, Environment, Climate Change, Climate Investment Funds (CIF)
21/02/2013 - The African Development Bank Group is committed to supporting its regional member countries in their quest to increase sustainable access to safe water and basic sanitation in urban and rural areas. In line with this commitment, AfDB Vice-President Gilbert Mbesherubusa led the Bank’s participation at the just-concluded Nigerian Presidential Summit on innovative funding of the water sector held in Abuja.
Categories: Nigeria, Water Supply & Sanitation
05/02/2013 - The African Development Bank (AfDB) signed on Tuesday, January 29, 2013 an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of respectively US $500 million to Bank of Industry (BOI) and of US $200 million to Nigerian Export-Import Bank (NEXIM) in order to support the modernization and expansion of export-oriented small and medium enterprises (SMEs). The LoCs will allow local SMEs to be more competitive, scale up their operations and ultimately create more jobs in Nigeria.
Categories: Nigeria, Youth, Human and Social Development, Private Sector Development
30/01/2013 - The Board of Directors of the African Development Bank (AfDB) has approved today a senior loan of US $100 million to Indorama Eleme Fertilizer & Chemicals Limited (IEFCL) to build and operate a gas to urea fertilizer plant located in Port Harcourt, Nigeria, that will serve markets in Benin, Brazil, Ghana, India, Nigeria, South Africa, the United Kingdom and the United States of America.
Categories: Nigeria, Private Sector Development, Agriculture & Agro-industries
14/11/2012 - The Governor of Taraba State, Danbaba Suntai, on October 24, and the Deputy Governor of Oyo State, Chief Moses Alake Adeyemo, on November 1, launched the Urban Water and Sanitation Improvement Project – with an African Development Bank loan of approximately US $100 million for the rehabilitation, expansion and construction of water and sanitation facilities in Jalingo, Taraba State, and Ibadan, a city located in Oyo State, Nigeria. The project will improve access to clean water and sanitation for an estimated 1.5 million people.
Categories: Nigeria, Water Supply & Sanitation
09/11/2012 - The African Development Bank will once again participate and support, as it has every year since its inception, the 4th Annual Africa Public Private Partnership Conference (APPP) which takes place from November 14-16 in Abuja, Nigeria.
Categories: Nigeria, Private Sector Development, Infrastructure
