AfDB’s $300 Million Fund Now Accessible to Lagos’ Women Entrepreneurs
The African Development Bank’s $300 million fund for women entrepreneurs will now be accessible to business women in Lagos. The government of Lagos State has made it known that it has entered into a partnership with African Women Innovation Entrepreneurship Forum (AWIEF) , which will make it easier for women in the state to get […]
Chartered Institute of Stockbrokers to Partner With AfDB to Grow Nigerian Capital Market
In a bid to grow Nigeria’s capital market, Nigeria’s Chartered Institute of Stockbrokers (CIS) will partner with the management of African Development Bank (AfDB). This was announced by the Institute’s acting President, Mr. Oluwaseyi Abe who said that under this new plan, the two institutions will make certain the viability of Nigeria’s commodities market and […]
AfDB, African Virtual University Discuss Benefits of e-Learning
The importance of tertiary education was emphasised during the first international conference for African Virtual University in Nairobi, Kenya. Stefan Muller, Lead Economist of the African Development Bank (AfDB) explained that the organisation considers higher education in Africa critical to development in the continent. “We consider the African Virtual University (AVU) Project very critical to […]
AfDB Approves $153M Financing for Nigeria’s Agricultural Transformation Agenda
The Board of Directors of the African Development Bank has approved an ADF loan of $ 152.12 million and an ADF grant of $ 0.38 million to finance Nigeria’s Agricultural Transformation Agenda Support Program Phase 1 (ATASP-1), AfDB has announced. The African Development Fund (ADF) is the soft loan arm of the African Development Bank […]
We Spend $700 Million on Water Annually in Nigeria – AfDB
African Development Bank (AfDB) has disclosed that the bank spends around $700 million on water every in Nigeria, totaling $2.4 billion in the last few years. “In water management, the AfDB investment runs into about $700 million per annum in Nigeria alone,” says Andy Mensah, an official of the Bank at the “Exercise African Winds” […]
Tony Elumelu Advocates for Africapitalism as the Solution for Africa’s Development
Charity and aid have failed Africa and its leading entrepreneurs are now driving the continent’s development agenda. This was the sentiment of Tony Elumelu’s speech, described by many as “powerful,” which was delivered at the African Development Bank’s (AfDB) Annual Board of Governors meeting held in Marrakech, Morocco. The speech was followed by a panel […]
AfDB Invests $1 Billion for Portable Water Projects in Nigeria
Water is the most critical resource in any nation. It is the principal measure of the health of a country and how its people live. In Tunisia, as in a number of North African countries, the saying to ‘share someone’s water’ means much more than offering someone a cup of water. It means showing an […]