The African Development Bank (AFDB) says it has committed 1.2 million dollars grant to support the feasibility study of the Nigeria Battery Energy Storage System (BESS). The grant is under AfDB’s under Energy Transition Catalyst Programme Dr Abdul Kamra, Director-General, Nigeria Country Department, (AFDB) made this known at the Inaugural Workshop of the BESS Feasibility…
The Federal Government says it has secured a loan facility of 134 million dollars from the African Development Bank (AfDB) to help farmers boost seeds and grain production in the country. The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, made this known at the unveiling of the 2024/2025 National Dry Season Farming in…
The UN Secretary-General, Antonio Guterres says the vision and programmes of Dr Akinwunmi Adesina, outgoing President of the Africa Development Bank (AfDB), has improved countless lives across Africa. Guterres said this at the ongoing Annual Meetings 2025 of the Bank in Abidjan. The News Agency of Nigeria (NAN) reports that a key highlight of the…
Dr Akinwunmi Adesina, President of the AfDB, has commended President Bola Tinubu for approving 500 million dollars replenishment of the Nigeria Trust Fund (NTF) for another 15 years. Adesina gave the commendation at tbe opening of the Africa Development Bank (AfDB) Annual Meetings on Tuesday in Abidjan. “To President Bola Tinubu for your support over…
Dr Akinwumi Adesina, outgoing President of the African Development Bank (AfDB) says hundreds of million lives were directly impacted during his 10-year stewardship of the regional development bank. Adesina disclosed this on Monday during a Media Welcome Breakfast that marked the beginning of the 2025 Annual Meetings of the Bank in Abidjan, Côte d’Ivoire. Specifically,…
No fewer than 6,000 delegates have converged on Abidjan for the African Development Bank (AfDB) Group’s 2025 Annual Meetings. The News Agency of Nigeria (NAN) reports that a key highlight of the meetings will be the election of a new AfDB President to succeed Dr Akinwumi Adesina, whose second five-year term ends on August 31….
The Independent Media and Policy Initiative (IMPI) says Nigeria’s Gross Domestic Product (GDP) per capita at independence in 1960 was 93 dollars, not 1,847 dollars as claimed by Dr Akinwumi Adesina, President of the African Development Bank (AfDB). In a statement on Monday, Dr Omoniyi Akinsiju, Chairman of the group, said Adesina’s claim, made during…
The African Development Bank (AfDB) has invested over $8 billion in water infrastructure across 40 African countries since 2000, benefiting more than 92 million people. Mr Johannes Chirwa, Director, Water Development and Sanitation Department, AfDB, said this at the African Ministers’ Council on Water (AMCOW) West Africa sub-regional meeting in Abuja on Tuesday. Chirwa was…
Northwest Governors, led by Katsina State Governor and Chairman of the Northwest Governors’ Forum, Malam Dikko Umaru Radda, have held a crucial meeting with senior officials of the United Nations and the African Development Bank (AfDB) to advance development initiatives in the region. The meeting, held in Katsina, was attended by Governors Uba Sani (Kaduna),…
The African Development Bank (AfDB) has reiterated its commitment to invest $2 billion in the development of the Lake Chad Basin. Dr. Akinwumi Adesina, AfDB President, disclosed this on Wednesday at the 5th Lake Chad Governors’ Forum in Maiduguri. Adesina, represented by Dr. Yaro Balde, Director, AfDB Transition States Coordination Office, said the funds would…
