Prof. Vincent Nmehielle Secretary-General of the bank, disclosed this at a press conference to announce the Annual General meeting of the bank.
Browsing: AfDB
Mary Uduk, SEC new Acting Director-General said that the commission would engage with IFC, AFDB, state governments and Federal Mortgage Bank to include Sukuk option in their capital investment plans.
The innovative bank, which pioneered Africa’s first fully digital bank ALAT, confirmed that AfDB has already disbursed the $15 million agreed with the multilateral development finance institution.
According to Yeon, the meetings provide Korea with an opportunity to deepen relationships with the African Development Bank, African governments and the private sector.
The President of African Development Bank, Dr Akinwumi Adesina, said that the Bank, 2017, achieved its highest annual disbursement ever of 7.67 billion dollars on supports.
The AfDB made the call in the presentation of Economic Outlook 2018 to African Union Summit delegates in Addis Ababa, made available to the News Agency of Nigeria on Saturday in Abuja.
Faal said that President Muhammadu Buhari would inaugurate the bank’s new office complex in Abuja on January 18 to further consolidate the country’s position as the largest shareholder.
The operation is part of a two-year (2016-2017) fiscal programme of support to enable Nigeria to implement reforms to achieve efficiency in government business, combat corruption and promote diversification
The President said the country appreciates helping hands being lent by the AfDB, assuring Nigerian-born Adesina, who was the immediate past Minister of Agriculture: “We will not let you down
The roadmap, which has received inputs from different stakeholders and state governments, is awaiting approval of the Federal Executive Council before its official unveiling
This was contained in a press statement issued by AFDB on Monday and published on its website: www.afdb.org.
The statement said FAFIN is a first-generation private equity fund that provides financial, capacity-building and technical assistance to commercially viable SMEs in the Nigerian agribusiness sector
Launching its latest regional economic outlook in Lusaka, AfDB said this was due to resilient private consumption and investment, which had offset the effect of a slump in commodity prices and global headwinds
The African Development Bank has urged stakeholders to intensify efforts to chart a course for improving Domestic Resource Mobilisation and…
The governor expressed confidence in the new president of the AfDB as a seasoned agricultural economist to bring his wealth of experience to bear in his new position by using agriculture as a pivot to provide food security and create jobs for the army of unemployed youths on the continent
The collaboration seeks to develop solutions that drive inclusive growth in Africa by broadening access and usage of digital financial services
He said: “The country’s prospect is going to be affected downward by this major oil price shock and we still expect growth to be in the range of 5.5 to 6 per cent this year notwithstanding the shock
The grant comes under the Bank’s multinational crisis response technical assistance project, totalling $7.65 million to support the three countries and two regional institutions – ECOWAS and the Mano River Union – in addressing the critical gaps in medical human resource capacity, training and provision of incentives to local health workers in order to improve response to the Ebola outbreak
Dore stated this at the launch of the bank’s “African Economic Outlook 2014”, tagged: “Global Value Chain and Africa’s Industrialisation
The statement said the loan was approved for Dangote Industries Limited for the construction and operation of a Greenfield crude oil refinery and a Greenfield fertiliser manufacturing plant
Okonjo-Iweala said this at the 50th Anniversary Dinner of the bank organised by its country office in Abuja on Wednesday night