African Development Bank
AfDB, StanChart share default risk in $50m intra-African trade boosting facility
The board of directors of the African Development Bank (AfDB) has approved a $50 million multinational trade finance risk participation…
AfDB president awarded Leadership Person of the Year
Akinwumi Adesina, president of the African Development Bank Group (AFDB), has been conferred the 2020 Leadership Person of the Year…
Nigerian firm, Sargittarius, affiliates, banned by AfDB over fraudulent practices
By Ben Eguzozie & Charles Abuede African multi-lateral financial institution, African Development Bank Group (AfDB) has debarred Nigerian company,…
Report scores African Development Fund high among leading providers of development assistance
Wale Ameen Online Editor The African Development Fund, the concessional arm of the African Development Bank Group has been ranked…
AfDB Group completes clearance of Sudan’s $413 million arrears
…UK provided £148m bridge financing; Sweden $4.2m grant; Ireland €150,000 …Debt clearance by DFIs a precondition to Sudan’s HIPC debt…
AfDB tasks Nigeria on urgent economic diversification
Onome Amuge The African Development Bank (AfDB) has charged the Nigerian government to urgently diversify its economy to…
