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Tag:African Development Bank (AfDB)

AfDB in record mobilisation of $8.9bn for Africa’s low-income countries

After a year of intense negotiations and a difficult global economic outlook, development partners of the African Development Fund (ADF) have agreed to commit...

COP27: Spain, Switzerland announce €10m to AfDB’s urban, municipal devt fund

The Swiss Confederation and Spain have announced additional financial support of €10 million to African countries and cities affected by the negative effects of...

Germany commits €40m to AfDB’s climate action window

Germany has committed €40 million to the African Development Bank (AfDB) Group’s Climate Action Window, German State Secretary for Economic Cooperation and Development, Jochen...

Activists call out AfDB President over statement in support of fossil gas expansion in Africa

Climate activists are up in arms following a statement made by African Development Bank President, Akinwumi Adesina, at COP27, indicating that Africa “must have gas to...

Osinbajo, former Colombia president, AfDB lead billion-dollar carbon market

The Federal Government of Nigeria is pioneering a voluntary billion dollars’ worth Carbon Market on the continent. Laolu Akande, Senior Special Assistant to the President...

Shelter Afrique eyes Sovereign Lending market

Shelter Afrique is developing a Sovereign Lending product to supplement its traditional products that attend to both the demand and supply sides of the...

AfDB commits $210m for development of Nigeria’s agro-processing zones

The African Development Bank (AfDB) says it is providing $210 million for the development of the Special Agro-Industrial Processing Zones (SAPZ) programme in Nigeria. AfDB’s...

AfDB to fund women businesses with $500m

The African Development Bank (AfDB) expects to disburse $500 million for women businesses in 2022. President of the AfDB, Dr Akinwumi Adesina, said this at...

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Govt assures Nigerians of adequate promotion of low sulphur, CNG

The Federal Government has assured Nigerians and all key stakeholders of adequate promotion of Low Sulphur Fuels and Compressed Natural...
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Dangote Refinery reduces petrol price to N970 per litre

The Dangote Refinery on Sunday, November 24, 2024, announced reductions in the price of petrol. The petrol, which was sold...

Oil industry leaders converge on Yenagoa for 13th Practical Nigerian Content Conference

A long list of oil industry leaders, ministers of the federal republic, national assembly members, as well as oil...

Must read

Govt assures Nigerians of adequate promotion of low sulphur, CNG

The Federal Government has assured Nigerians and all key...

Dangote Refinery reduces petrol price to N970 per litre

The Dangote Refinery on Sunday, November 24, 2024, announced...
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