AfDB

Africa’s industrialisation shortfall leading to devaluation in global market, analysts confirm

Onome Amuge Africa, according to a report by the African Development Bank Group (AfDB), is one of the least industrialised…

AfDB slams Nigerian company with 36 months long debarment for fraudulent practice

Debarment to be enforced by other development banks   Wale Ameen Online Editor The African Development Bank Group has slammed…

AfDB grants Kogi $100m loan to facilitate agric projects

Onome Amuge The African Development Bank (AfDB) has granted the Kogi State government $100 million loan to finance some Special…

AfDB, IFAD to establish special agro-processing zone in Cross River’s cash crop belt

  …With centres at Ikom, Ogoja, Obubra to feed the hub     Ben Eguzozie, in Port Harcourt    …

Egypt secures US$ 114 million financing package for largest solar plant

Funding comes from a consortium of lenders including European Bank for Reconstruction and Development, OPEC Fund for International Development and…

Egypt secures €145 million loan from AfDB for upgrade of its national rail line

  Funding to be used to enhance network capacity and operational safety of national rail line Passenger traffic expected by…

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