Tags AFDB

Tag: AFDB

AfDB Suspends Two Nigerian Companies For Fraud

African Development Bank has debarred Beulah Universal Link Resources Limited and Bluestream Systems and Device Limited for fraudulent practices

AfDB To Invest $200m In Nigeria’s Electricity Supply

The African Development Bank (AfDB) is to invest $200 million through the Rural Electrification Agency (REA) to boost power supply in Nigeria.

African Union Executive Council endorses African Development Bank President Adesina for second term

The Executive Council of the African Union has supported Dr. Akinwumi Adesina’s candidacy for a second term as President of...

AfDB to support agro-processing zones with $300m

The African Development Bank is to support the implementation of the Special Agro-Industrial Processing Zones project in Nigeria with $300m.

African Development Bank to present African Economic Outlook 2020 at 33rd African Union Summit

The African Development Bank (https://www.AfDB.org/) and the African Union Commission will jointly host a side event to present the 2020 edition of...

Egypt: African Development Bank approves $22 million to expand leasing financing to corporates and...

 The Board of the African Development Bank (www.AfDB.org) on Wednesday approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company...

AfDB approves $20m for Nigeria, others

The board of directors of the African Development Bank has approved a $20m investment in the Metier Sustainable Capital International Fund II.

Three vehicles, many shops razed as fire guts Kara market

A section of the popular Kara cattle market along Lagos-Ibadan Expressway was gutted by fire on Tuesday morning. The...

Yuletide: Prices of yam, others increase by 7.8%

Prices of four food items including tomatoes, yam, rice, agric eggs and local eggs increased by 7.8 per in November data from...

N50 stamp duty POS charge

In recent times, there has been significant contention with respect to merchant imposed N50 stamp duty assessments on consumers for transactions. This...

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