AfDB

Africa

AfDB, UK seek private capital to close Africa’s $402bn funding gap

Eric Ojo -
The African Development Bank (AfDB) Group and the United Kingdom government are stepping up...
Africa

Visa-free travel in Africa up by 8% in 2025

Eric Ojo -
Visa-free travel was up minimally by 8% in 2025, enabling millions more Africans to...
Nation

$223 million AfDB-backed water project begins in Ondo

Eric Ojo -
African Development Bank (AfDB Group) in collaboration with the Agence Française de Développement (AFD)...
Economy

AfDB aims to attract $1.5 billion private sector investments in Nigeria

Eric Ojo -
The $200 million grant for the Special Agro-Industrial Processing Zones Programme in Nigeria, which...
Climate

ADF seeks additional $4 billion to boost climate resilience in Africa

Eric Ojo -
The African Development Fund (ADF), the concessional arm of the African Development Bank (AfDB)...
Climate

Climate tech innovation in Africa gets $10 million boost from AfDB

Eric Ojo -
Things are looking up in the climate tech innovation in Sub-Sahara Africa, courtesy of...
Climate

COP29: AFDB wants African countries’ GDP calculation to reflect “green wealth”

Eric Ojo -
As the world’s largest annual climate conference opens in Baku, Azerbaijan, this week, the...
Companies

Indorama: Nigeria fertilizer firm gets $75 million AFDB loan

Eric Ojo -
Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited (IEFCL) has secured an additional $75 loan...
Nation

Abia state gets $240 million foreign loan for road, erosion projects

Plu Team -
Abia state government will receive $240 million ($185 billion) in foreign loan to finance...
Nation

AfDB bans Nigerian firm over Cameroon highway fraud

Plu Team -
The African Development Bank (AfDB) has placed a 15-month ban on a Nigerian company,...