African Development Bank
Global lenders warn on capacity constraints in Africa, remain bullish on pro-investor trade trends
Global lenders have identified country risk as the biggest challenge to their ability to lend more to African countries. Speaking…
Adesina, AFDB president, launches farmer’s finance initiative in Lome, Togo
Akinwumi Adesina, president of the African Development Bank (AfDB) has launched in Lome, Togo, the Mécanisme Indicatif de Financement Agricole…
Nigeria raises $1.57bn for power transmission management
Nigeria has raised $1.57 billion for the rehabilitation of its transmission infrastructure from international backers, Usman Gur Mohammed, managing director…
IFC grants Indorama Eleme Fertilizer plant $1bn loan
The International Finance Corporation (IFC), a member of the World Bank Group, Friday announced a new $1 billion debt financing…
AfDB to invest $120m to boost cassava, rice, maize, sorghum, millet, wheat production in Africa
The African Development Bank (AfDB) says it would invest $120 million in the next three years to boost cassava production and transform…
AfDB partners GCF, Africa50 to fund 10-GW Desert to power programme
The African Development Bank, AfDB, has signed a letter of intent (LoI) with the Green Climate Fund, GCF, and the…
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