The roadmap, which has received inputs from different stakeholders and state governments, is awaiting approval of the Federal Executive Council before its official unveiling
Browsing: AfDB
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
The statement said that the AfDB President, Dr. Donald Keberuka, and business mogul, Aliko Dangote, alongside two African leaders had pressed for the initiative at the ongoing World Economic Summit in Abuja
AFDB inflation analysis is contained in the bank’s bimonthly Economic Review on Nigeria made available to the News Agency of Nigeria on Wednesday in Abuja
According to the report, agriculture and rural development projects accounted for $11.85 billion, representing 12.74 per cent
Maku, stated further that a lot has been achieved in the areas of job creation and poverty alleviation due to fundamental reforms being carried out by President Goodluck Jonathan
Anyanwu said: “West Africa is expected to continue its rapid growth with rates of 6.7 per cent in 2013 and 7.4 per cent in 2014, thereby becoming the fastest-growing region of the continent in the period under review
The project will allow Nigeria, which relies heavily (80 per cent) on imported fertilizer, to progressively become self-sufficient and a major exporter