10 results
- 29 Dec 2024
AfDB to Release $2.2Bn Nigerian Agro-Industrial Fund from 2025
African Development Bank (AfDB) is set to start releasing a $2.2bn fund for the development of Special Agro-Industrial Process Zones in Nigeria (SAPZ). Abdul Kamara, director general, AfDB Nigeria…
- 27 Feb 2026
More 14m Farmers to Benefit from AfDB-backed Initiative
Additional 14 million farmers in 37 low-income and vulnerable countries served by the African Development Fund, the Bank Group's concessional financing window, are set to benefit from a technology…
- 21 Oct 2024
AfDB to Support Youth and Women-led MSMEs in Nigeria with $100m Loan
The African Development Bank has approved a $100 million loan to increase access to finance for youth and women-led small and medium enterprises, under the Nigeria Youth Entrepreneurship Investment…
- 26 Nov 2025
AfDB Approves $500m Loan for Nigeria’s EGET-SP
The Board of Directors of the African Development Bank Group, meeting in Abidjan, approved a $500 million loan to the Government of the Federal Republic of Nigeria to finance the second phase of the…
- 27 Nov 2025
AfDB Approves $500m Budget Support Loan for Nigeria
African Development Bank (AfDB) Group has approved a loan of $500 million to Nigeria’s Federal Government to strengthen non-oil revenues and expand fiscal space. AfDB The bank, in a statement, said…
- 10 Apr 2026
AfDB Okays $200m for Nigeria’s Digital Backbone, Others
African Development Bank Group (AfDB) has approved a $200 million loan to Nigeria to support a landmark digital infrastructure initiative aimed at expanding broadband access, developing digital…
- 8 May 2026
AfDB Approves $61m Package to Boost Women-led Businesses in Nigeria
The Board of Directors of the African Development Bank Group (AfDB) approved a $61 million financing package for the Development Bank of Nigeria (DBN) to expand access to affordable credit for…
- 17 May 2026
AfDB Approves $200m for BoI to Support MSMEs
The African Development Bank Group (AfDB) has approved a $200 million financing facility for the Bank of Industry (BoI) to expand access to long-term funding for businesses operating in key sectors…
- 20 Mar 2025
AfDB Provides €5m Grant to IITA to Advance Agricultural Transformation in Africa
The African Development Bank has provided a €5 million grant in supplementary financing to the International Institute of Tropical Agriculture (IITA) to advance food security and climate-resilient…
- 1 Aug 2025
AfDB Approves $46m to Transform Healthcare in Sokoto State
The Board of Directors of the African Development Bank Group (AfDB) has approved a $46 million loan to finance the Sokoto State Health Infrastructure Project, a transformative initiative designed to…