Africa’s industrialisation shortfall leading to devaluation in global market, analysts confirm
Onome Amuge Africa, according to a report by the African Development Bank Group (AfDB), is one of the least industrialised ...
Wednesday, March 11, 2026
Tag: AfDB
AfDB slams Nigerian company with 36 months long debarment for fraudulent practice
Debarment to be enforced by other development banks Wale Ameen Online Editor The African Development Bank Group has slammed ...
AfDB grants Kogi $100m loan to facilitate agric projects
Onome Amuge The African Development Bank (AfDB) has granted the Kogi State government $100 million loan to finance some Special ...
AfDB, IFAD to establish special agro-processing zone in Cross River’s cash crop belt
…With centres at Ikom, Ogoja, Obubra to feed the hub Ben Eguzozie, in Port Harcourt ...
Egypt secures US$ 114 million financing package for largest solar plant
Funding comes from a consortium of lenders including European Bank for Reconstruction and Development, OPEC Fund for International Development and ...
Egypt secures €145 million loan from AfDB for upgrade of its national rail line
Funding to be used to enhance network capacity and operational safety of national rail line Passenger traffic expected by ...
World leaders call for expansion of debt suspension to enable low-income countries achieve sustainable economic recovery
Meeting called by Prime Minister Justin Trudeau of Canada, Prime Minister Andrew Holness of Jamaica and the UN Secretary-General, ...
AfDB commits $530 million in funding to power transmission in Angola
The project once operational in 2023 will mitigate the nation's annual spending on 46.8 billion litres of diesel yearly in ...
AfDB projects Nigeria’s GDP to grow by 1.5%, W/A by 2.8% and Africa by 3.4% in 2021 if modest fiscal stimulus is sustained
Says counterbalancing forces will keep inflation muted over the medium term as it moderates by 9% in 2021 Africa’s growth ...
Africa’s $60bn losses in illicit capital flows due to multinationals’ tax avoidance, says AfDB Adesina
By Charles Abuede Says 86 of Nigeria’s SMEs spend a whopping $14bn annually on diesel for generators Nigerian companies lose ...
Popular News
-
Igbobi alumni raise over N1bn in one week as private capital fills education gap
-
CBN to issue N1.5bn loan for youth led agric expansion in Plateau
-
How UNESCO got it wrong in Africa
-
Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
-
Oyo targets 500 MW energy generation by 2027
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.