Tag: AfDB

AfDB Approves $3.9m Lifeline to Power Homes in Nigeria, 12 Other African Countries

Business Damilola Bayonle -
Africa’s push to close its vast electricity access gap received a significant boost as the African Development Bank (AfDB)...

Nigeria faces $2.3tn infrastructure deficit by 2043 — NIESV warns

Business Damilola Bayonle -
Nigeria faces $2.3tn deficit over missed infrastructure target — NIESV Nigeria’s widening infrastructure deficit has again come under sharp scrutiny,...

World Bank connects 32 million Africans to electricity under mission 300 initiative

Business Damilola Bayonle -
Africa’s quest for universal energy access has taken a major leap forward, with the World Bank connecting 32 million...

Union of the Comoros Launches $137 Million Maritime Corridor Project with African Development Bank Support

Business Damilola Bayonle -
MORONI, Comoros, October 30, 2025 –The President of the Union of the Comoros, Azali Assoumani, has officially launched the...

African Development Bank Youth Employment Agenda Gains Global Momentum as President Joins High-Level Jobs Council

Business Damilola Bayonle -
WASHINGTON, D.C., United States of America, October 14, 2025 — The African Development Bank (AfDB) is accelerating its youth...

Forum for Resilience in Africa 2025: Experts Urge African Governments to Empower Farmers as Food Providers, Not Aid Recipients

Business Damilola Bayonle -
ABIDJAN, Ivory Coast, October 10, 2025 — At the Forum for Resilience in Africa 2025, agricultural and development experts...

United Kingdom to Host African Development Fund’s 17th Replenishment Pledging Session, Reaffirming Strong Global Support

Business Damilola Bayonle -
ABIDJAN, Ivory Coast, October 10, 2025 — The United Kingdom has officially announced it will host the African Development...

Republic of Congo – Local businesses ready to capture AfDB procurement opportunities

News Emmanuel -
BRAZZAVILLE, Republic of Congo, October 3, 2025/ -- The African Development Bank (AfDB) has taken another step toward strengthening...

Seventeen Countries Commit to Mission 300 Electricity Access Plans at Global Forum

Business Damilola Bayonle -
NEW YORK, United States of America, September 26, 2025 - A bold step forward for Africa’s energy future was...

AfDB warns of costly project failures stalling Africa’s growth

Business Damilola Bayonle -
The African Development Bank (AfDB) has cautioned that Africa’s economic progress will remain stunted unless governments across the continent...

Power shift: Sidi Ould Tah takes oath as ninth AfDB president

Business Damilola Bayonle -
The African Development Bank (AfDB) entered a new era on Monday, September 1, 2025, as Dr. Sidi Ould Tah...