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AfDB Joins TEF Programme Catalysing Entrepreneurship Across Africa

Tony Elumelu has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored…

ECOWAS approves a second term for Akinwumi Adesina as AfDB President

The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President, Akinwumi Adesina for a second term at the helm of the institution. The…

AfDB to release a $210m loan to save Nigeria’s Power Sector, Will it work?

A few days ago, the Africa Development Bank (AfDB) Group approved a loan of $210 million to the Federal Republic of Nigeria for the financing of the Nigeria Transmission Expansion…

AfDB introduces Fintech Fund to Expand Digital Financial Inclusion in Africa

The African Development Bank (AfDB) is continuing in its drive to provide funds for the development of the continent. The multilateral development bank has announced the launch of the Africa…

African Development Bank, Mariner Investment Group, and Africa50 Price Landmark $1 Billion Impact Securitization

The African Development Bank, the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International plc today announce the pricing of Room2Run, a US $1 billion synthetic securitization corresponding…