(Special Report) On the other ‘Coronavirus’ veiled with Chinese loans
Whereas the Federal Government continues to insist on borrowing more from China either the Central bank of China or the sister China-Exim Bank for another $17bn loan, experts have continued to ask questions on where are all the recovered loots…
Between AfDB Africa’s 2020 Outlook and NECA latest verdict
Barely 24 hours after the African Development Bank (AfDB) Africa Economic Outlook 2020 had averred that the continent is suffering of undereducated and overeducated without perquisite skill match, Nigeria Employers’ Consultative Association (NECA) has declared that the challenge among jobseekers…
This is time to ride on AfCFTA to invest in Africa, AfDB tells UK investors’
More facts are still emerging from the UK Parliamentary Symposium, coming on the sidelines of the UK-Africa Investment Summit (UK-AfIS) in London this week. African Development Bank (AfDB) President, Dr Akinwumi Adesina has charged UK investors saying based on the…
AfDB drives infrastructure demand opportunity financing policy at UK-AfIS
President of African Development Bank (AfDB), Dr. Akinwumi A. Adesina, has developed a strategic new infrastructure financing policy for faster bridging of yawning infrastructure gaps across African economies. In his presentation which centered one ‘Sustainable Infrastructure Forum’ at the ongoing…
Risks key African infrastructure development challenges—AfDB Chief
High level of risks remains the most intractable challenge undermining the fixing of infrastructure gaps in Africa. This was the submission of the President of African Development Bank (AfDB), Dr Akinwunmi Adesina at the ongoing UK-Africa Investment Summit (UK-AfIS). Business…
Just in: ECOWAS endorses Adesina for second term at AfDB
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank (AfDB) President , Dr Akinwumi Adesina for a second term at the helm of the institution. The decision was announced at the end of…
AfDB approves $5m grant to scale up TEFEP in Africa
The Board of Directors of the African Development Bank (AfDB) has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme (TEFEP) to scale up its outreach and impact to 1,000 select youth entrepreneurs in the…
AfDB, AU plans roll-out of continent-wide electricity market Masterplan
The African Development Bank (AfDB) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. The agreement to set up a Continental Power System Master Plan between the Bank…
Under-skilled youth represented 28.9% of Africa’s population—AfDB
Senior researcher at the African Development Bank (AfDB), Mr. Adamon Mukasa, has revealed that “under-skilled youth represented 28.9% of Africa’s population, more than double the 13% recorded in other developing regions.” Speaking at the second day of the 2019 African…
Nigeria, China, India to dominate world population before 2050—AfDB Report
African Development Bank (AfDB) and regional development banks of Asia and Pacific have unveiled a Joint Report on Livable Cities which looks at urbanization trends across emerging and developing economies in Africa; Asia and the Pacific The report, which disclosed…
