Tag: AfDB
S&P Affirms AfDB’s AAA Rating With Stable Outlook
S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank (AfDB) with a stable outlook.
The ratings agency said...
BREAKING! Dr. Akinwunmi Adesina re-elected as President African Development Bank
Nigeria's Dr. Akinwunmi Adesina has been re-elected as President of the African Development Bank.
He was re-elected for another term of five years this morning...
Ebonyi Secures Afdb Us$70m Loan For Road Devt
The African Development Bank Group says it has approved a US$70 million loan for a road project in Ebonyi State.
The Bank will provide US$40...
AfDB, Dangote Move to Fight Stunted Growth in African Children
Working with Big Win Philanthropy and Aliko Dangote Foundation, the African Development Bank (www.AfDB.org) has unveiled a new Multi-Sectoral Nutrition Action Plan that aims...
UNESCO, AfDB Collaborate With Nigeria
The United Nations Educational, Scientific and Cultural Organisation (UNESCO) and the African Development Bank (AfDB) have begun a training programme for environmental experts from...
About N120million Nigerians Live on Less Than $2 Per Day, Says...
About 152 million Nigerians live on less than $2 a day, representing about 80 per cent of the country’s estimated 190 million population, the...
UBA Gets $150 million AfDB Loan
United Bank for Africa (UBA) has secured a $150 million loan deal with the African Development Bank (AfDB) to support infrastructure projects in Africa’s...
Nigeria to Get $1billion AfDB Loan
Nigeria is in talks with the African Development Bank (AfDB) for a $1 billion dollar loan to help cover its 2016 budget deficit, the...
AfDB Approves $150million Line of Credit for UBA
The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a $150-million line of credit (LOC) for...
GE Leads Creation of Joint Venture with Mara Group, Atlas Merchant...
*The joint venture will seek to invest in infrastructure equity projects in selected countries throughout Africa
General Electric (GE) together with the Mara Group and Atlas...