News

The Trump administration plans to slash funding for the bank’s main development fund as part of its sweeping cuts to foreign ...
The Asian Development Bank joins the World Bank and African Development Bank in investing in food systems as a foundation of ...
The African Development Bank has appointed Dr. Bahati Sanga as Acting Senior Director of Corporate Information Technology Services and Chief Information Officer, effective April 1, 2025.A Tanzanian ...
The Board of Directors of the African Development Bank Group has a new five-year Country Strategy Paper (2025-2030) for Nigeria, committing about $650 million annually to drive economic transformation ...
The 21st century requires nimble capital to invest in entrepreneurial capabilities . The world’s development institutions have not adapted overall to the needs of the new economy. It’s time we change ...
Independent Newspaper Nigeria on MSN4d
Africa Must Stop Buying What It Already Has
An African MarketAcross Africa today, a quiet tragedy plays out every day. It is not the scarcity of re­sources or even a lack of am­bition that holds us back. It is the deeper, more corrosive failure ...
The Federal Government has signed a Memorandum of Understanding with Shelter Afrique Development Bank to strengthen Nigeria ... longer tenures of up to 25 years, with low interest rates.
International finance experts hailed the sum, to be paid over three years, as a welcome surprise ... of $555 million in funds for the African Development Bank and the African Development Fund ...
Dr Akinwumi Adesina, has raised alarm over Nigeria’s deteriorating economic situation, stating that the average Nigerian is ...
“a true powerhouse of innovation and resilience,” and as one of the two largest shareholders of Shelter Africa Development Bank. He added that “Nigeria holds a place of choice in our ...
Morning Calm Management more than tripled the value of a 100-year-old office and retail property the firm renovated in West ...
This financing structure exemplifies innovative local currency mobilization, with the African Development Bank Group assuming the credit risk and Stanbic Bank providing liquidity. The five-year ...