Tag: AfDB
-
Green Climate Fund: AfDB trains 80 Africans
The African Development Bank (AfDB) has selected representatives from 80 government institutions, civil society organisations and universities for training as experts in developing climate financing proposals. According to a statement from the bank on Friday, the selection followed a thorough and independent process, with 40 of the nominees from English speaking countries and 40 from…
-
Climate change: AfDB to double financing for Africa to $25bn by 2025
The African Development Bank (AfDB) has committed to double its climate finance for Africa to 25 billion dollars by 2025, with more than 50 per cent devoted to climate adaptation. The President of the bank, Dr Akinwumi Adesina, made this known at a virtual High-Level Launch of the Global Centre on Adaption (GCA) office in…
-
COVID-19: AfDB says Africa open to business with Asian partners
African Development Bank (AfDB), says it is open to business with its Asian partners in spite of the pandemic. Chuku Chuku, Officer in Charge of the bank’s Macroeconomic Policy, Debt Sustainability and Forecasting Division, said this at a webinar to present the bank’s African Economic Outlook Supplement on Monday. The supplement report was presented to…
-
AfDB: Adesina’s re-election well deserved — PDP
The Peoples Democratic Party (PDP) has congratulated the President of African Development Bank (AfDB), Dr Akinwumi Adesina, for his re-election to serve a second term in the regional bank. The party gave the congratulatory message in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja on Thursday. Ologbondiyan said the re-election…
-
AfDB: Nigerians excited over re-election of Adesina
Many Nigerians have expressed delight over the re-election of Dr Akinwumi Adesina as the President of African Development Bank (AfDB). A cross section of the people who spoke with the News Agency of Nigeria (NAN) on Thursday in Abuja said the development was worthy of jubilation. The News Agency of Nigeria (NAN) reports that Adesina…
-
AfDB: expert urges Adesina to sustain development projects in 2nd term
Mr Promise Amahah, an agribusiness expert has urged the president of African Development Bank (AfDB), Dr Akinwumi Adesina to sustain the development projects in Africa to tackle poverty on the continent when re-elected. Amahah gave the advice while speaking with the News Agency of Nigeria (NAN) ahead of the election of the bank to choose…
-
COVID-19: Poor people in Africa to increase by 49.2m in 2021 -AfDB
The African Development Bank (AfDB) says the number of extreme poor people could increase by 34 million and 49.2 million due to the COVID-19 pandemic in 2021. The AfDB made this known in its African Economic Outlook 2020 supplement amid coronavirus pandemic released on Tuesday. The report indicated that the development was because the Gross…