Lagos, Canada in bilateral talks to grow technology, food security

The ongoing infrastructural development programme of the Lagos State Government is a deliberate effort to make the State attractive to Diasporan investment, Governor Babajide...

AU Summit unveils first continental report on Agenda 2063

The report provides an assessment of the progress and performance of Africa’s development between 2013 and 2019 The African Development Bank, the United Nations, and...

Afreximbank to hold roadshow to help Rwandan businesses tap into AfCFTA

The African Export-Import Bank (Afreximbank) will hold business development roadshow on 11 February in Rwanda's capital Kigali to create awareness among the private sector...

“Nobody eats GDP,” says African Development Bank President

Calls for inclusive growth Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats...

Nigeria can do with more foreign investment – Osinbajo

Nigeria is open to more investment from foreign companies, including from Turkey, in the areas of construction, manufacturing, technology and other sectors, according to...

AfDB signs five-year pact to use FIDIC standard contracts

The International Federation of Consulting Engineers (FIDIC) has secured a major agreement with the African Development Bank that will see the international funding organisation...

AfDB, Credit Suisse, others sign $600m loan agreement

The African Development Bank (AfDB), Credit Suisse, Industrial and Commercial Bank of China and Ghana Cocoa Board have signed $600 million loan agreement to...

Russian president Putin, honours Oramah, Afreximbank boss

President Vladimir Putin of Russia has bestowed the national honour of “The Order of Friendship” on a Nigerian, Prof. Benedict Oramah, President of the...

VTB Bank signs trade finance pact with Afreximbank

The European arm of Russia’s VTB Bank has signed an agreement with the African Export-Import Bank (Afreximbank) as part of plans to expand trade...

AfDB funds Angola’s initiative on business environment, exports

The Angolan Government has launched a study funded by the Bank through the KOAFEC trust fund to support the improvement of export diversification and...

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