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March 2, 2021
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Unitary Structure Provoking Sectionalism Says Akeredolu

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Ondo State Governor Oluwarotimi Akeredolu (SAN) has attributed the growing sectional activism  to what he described as faulty and twisted federalism. He lamented that sectional agitations had displaced “national patriotism”, adding that the unitary structure may continue to provoke sectionalism. Akeredolu pointed out that most Nigerians were losing faith in “unity in Continue Reading
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UK/Africa Investment Conf: Africa is the World’s next Frontier, says AfDB’s Adesina

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African Development Bank President Akinwumi A. Adesina said on Wednesday that Africa remained fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector. Adesina spoke during the Africa Investment Conference, a virtual one-day event organized by the UK Department for International Trade, which brought together UK and African Continue Reading
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AfDB Facilitates $6.5bn To Stop Sahara Desert from Spreading South

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The African Development Bank says it is mobilising $6.5 billion in support of the Great Green Wall project, which involves large-scale efforts to stop the Sahara Desert from spreading further south over the next five years. President of Africa’s multilateral development finance institution Akinwumi Adesina, announced this while addressing President Emmanuel Macron, His Continue Reading
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Adesina Calls On Policymakers In Nigeria And Africa To Unlock Over $1trillion Pension Fund

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President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, has called on policymakers in Nigeria and other African countries to unlock over $1 trillion funds locked in pension and insurance assets to bridge the continent’s huge infrastructure deficit. Speaking at the Bloomberg Africa Media Initiative (ABMI) 20 Innovator Chat 2020 on Wednesday, Adesina said Continue Reading
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COVID-19: AfDB’s Postpones Annual Forum to 2021

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The Board of Directors of the African Development Bank (AfDB) Group and the Africa Investment Forum (AIF) founding partners have approved the postponement of the 2020 AIF to 2021. According to a statement from the AfDB on Wednesday, the postponement is due to the ongoing COVID-19 pandemic. The annual three-day investment marketplace was initially scheduled […]Continue Reading
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AFDB Attracts $78.8 Billion Investment In Two Years.

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The African Development Bank (AfDB) under the leadership of Dr Akinwunmi Adesina attracted $78.8 billion worth of investment interests into Africa in two years. The regional multilateral development bank was able to mobilise these investments “through the innovative and groundbreaking Africa Investment Forum in 2018 and 2019.” Speaking at the swearing-in ceremony, Continue Reading
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Tinubu: Adesina’s Re-election Affirms His Commitment To The Development Of Africa

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The re-election of Dr. Akinwumi Adesina as African Development Bank (AfDB) President for another five-year term is an affirmation of confidence in his ability and commitment to the development of Africa, All Progressives Congress (APC) National Leader Asiwaju Bola Ahmed Tinubu has said. Adesina, former Nigeria’s Agriculture minister, was last Thursday returned by the Board Continue Reading
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AfDB Re-election: Adesina To Be Sworn-In On Tuesday

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Re-elected President of the African Development Bank, Dr Akinwumi Adesina, will be sworn-in on Tuesday, September 1, to serve a five-year term. The ceremony, according to the AfDB in a statement on Monday, will be held virtually at 9am. Dr Adesina, Nigeria’s former Minister of Agriculture and Rural Development, was re-elected last week after getting […]Continue Reading
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AUDA-NEPAD Webinar: AFDB, UIC, Others Express Interest in African Integrated High-Speed Railway Network Project

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The International Union of Railways (UIC), United Nations Economic Commission for Africa (UNECA), Ethio-Djibouti Railway, and others have expressed interest in the financing of the African Integrated High-Speed Railway Network Project(AIHSRN) They made the expression at the second webinar series of the African Union’s Development Agency (AUDA-NEPAD) held on Wednesday Continue Reading