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African Development Bank Approves $700m Loan to Financial Institutions in Nigeria

African Development Bank Approves $700m Loan to Financial Institutions in Nigeria

The African Development Bank (AfDB) has approved a loan of $700 million to financial institutions to enhance access to credit in Nigeria, Mr Ousmane Dore, Representative of AFDB said in Abuja on Monday.
African Development Bank is in Zimbabwe to Assess the Country’s Economic Needs

African Development Bank is in Zimbabwe to Assess the Country’s Economic Needs

A team of experts from the African Development Bank (AfDB) is in Zimbabwe to assess the country’s economic needs, the financial institution said in a statement Sunday.
African Development Bank to Provide $24m Loan for Poverty Reduction Campaign in Zambia

African Development Bank to Provide $24m Loan for Poverty Reduction Campaign in Zambia

The African Development Bank (AfDB) has announced that it is providing a $24 million loan to finance the poverty reduction campaign in Zambia.
African Development Bank Announces $100m Loan for the Expansion of the Zaria Regional Water Scheme in Kaduna State in Northern Nigeria

African Development Bank Announces $100m Loan for the Expansion of the Zaria Regional Water Scheme in Kaduna State in Northern Nigeria

The African Development Bank (AfDB) has announced a $100 million loan, expected to be repaid within eight years, for the expansion of the Zaria Regional Water Scheme in Kaduna state in northern Nigeria, AfDB official Thomas Gaya told Kaduna Governor Patrick...
African Development Bank Approves $33m Loan for Capacity-building Among Public Private Partnerships in Nigeria

African Development Bank Approves $33m Loan for Capacity-building Among Public Private Partnerships in Nigeria

The board of directors of the African Development Bank (AfDB), has approved $33 million, as loan for capacity-building among Public Private Partnerships (PPPs) in Nigeria, said the Resident Representative of AfDB Dr. Ousmane Dore in Abuja on Monday.
African Development Bank Approves $700m Loan to Nigerian Banks

African Development Bank Approves $700m Loan to Nigerian Banks

The African Development Bank (AfDB) has approved $700 million for Nigeria as surviving guarantee loan for immediate lending to small scale and medium enterprises, the bank’s Chief Country Economist, Mr. John Kofi-Baffe, said in Abuja on Wednesday.
African Development Bank to Sign Two Significant Economic Agreements with Liberian Government

African Development Bank to Sign Two Significant Economic Agreements with Liberian Government

The Vice President for Infrastructure, Private Sector and Regional Integration of the African Development Bank (AfDB), Bobby J. Pittman, is in Liberia for a three-day visit during which he will sign two significant economic agreements worth millions of...
Africa Development Bank Invests $155m in Energy, Economic Sectors in Nigeria

Africa Development Bank Invests $155m in Energy, Economic Sectors in Nigeria

The Africa Development Bank (AfDB) has invested $155 million as loan approval in energy and economic sectors to improve on economic growth and development in Nigeria, the bank’s Resident Representative Ousmane Dore said on Tuesday in Abuja.
African Development Bank Endorses Over $500 Million for Its Operations in Rwanda

African Development Bank Endorses Over $500 Million for Its Operations in Rwanda

The African Development Bank has endorsed over $500 million for its operations in Rwanda lasting for a period of five years.
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