20/02/2019 - The African Development Bank has kicked off a feasibility study to explore the potential of electricity cooperative business models in Nigeria and Ethiopia. The effort is part of the Bank’s goal of achieving universal electricity access across Africa by 2025. Currently, power shortages diminish the region’s GDP growth by 2-4% per year, holding back job creation and poverty reduction efforts.
05/02/2019 - The African Development Bank and the Economic Community Of West African States Commission (ECOWAS) have signed an agreement for a study into a 1,000 kilometre highway linking Cote d’Ivoire’s commercial capital Abidjan, to Lagos in Nigeria, marking a new step in building regional integration and trade.
23/01/2019 - The African Development Bank Group on January 23, 2019, announces the debarment of ALG Global Concept Nigeria Limited, a construction company registered in Nigeria and its Managing Director, Mr. Abuharaira Labaran Gero, for a period of 36 months.
11/09/2017 - The African Development Bank (AfDB) is intensifying its financing for the production of crops with the highest potential for industrializing the African agriculture.
Top on the list is cassava, which could be used to produce ethanol for industrial use and other frequently utilized home products, according to a Senior Advisor at the Bank.
29/06/2017 - The Senior Director of the African Development Bank in Nigeria, Ebrima Faal, on Wednesday, June 28 concluded his accreditation with the Nigerian Government in a ceremony presided by the Nigerian Minister of Foreign Affairs, Geoffrey Onyeama.
13/06/2017 - The African Development Bank (AfDB) has signed agreements for a corporate loan to finance the expansion of Afe Babalola University (ABUAD) in Ado Ekiti, Nigeria. The expansion plan consists of construction of new facilities - including a 400-bed teaching hospital, an industrial research park, a post-graduate school, student hostels, a central library, and a small scale hydro power installation. The signing ceremony was held at AfDB premises in Abuja with representatives of the University and other lending partners (WEMA Bank, Sterling Bank, UBA, Union Bank and legal partners Templars) in attendance.
12/05/2017 - What role can the movie industry play in stimulating interest and changing poor perceptions about agriculture? Key practitioners in the movie industry in Nigeria and India are meeting at the 2017 Annual Meetings of the African Development Bank (AfDB) Group in Ahmedabad, India, to agree on a line of action towards changing perceptions on agriculture.
05/05/2017 - In a talent show style, ten presenters showcased brilliant ideas that have been turned into innovative solutions to address community needs across Africa. The ten were chosen from among hundreds of proposals to compete during the AgriPitch segment at the end of the African Youth Agripreneurs Forum, held in Ibadan, Nigeria, from 25-26 April 2017
21/04/2017 - The African Development Bank President’s full and busy second day in Washington, DC opened with a meeting of Multilateral Development Bank Heads and a bilateral tête-à-tête with Tone Skogen, State Secretary and Norwegian Governor to the AfDB.