ECOWAS Endorses AfDB President, Adesina For Second Term In Office

The Economic Community of West African States has endorsed the candidacy of African Development Bank President, Akinwumi Adesina for a second term in office. The decision was taken at the 56th ordinary sessions of the Authority of Heads of State and Government of ECOWAS held in Abuja on Saturday. “In recognition of the sterling performance... Continue Reading →

African Development Bank Approves $165 Million for Angola

The Board of Directors of the African Development Bank Group (AfDB) on Tuesday approved a $165 million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability AFDB and IOL reports. The Angolan government is implementing reforms to diversify its oil-dependent economy and has adopted measures to... Continue Reading →

Africa’s Unemployed Youths is a Ticking Time Bomb – President AfDB, Akinwumi Adeshina

The President of the African Development Bank, Akinwumi Adesina, sees the financing of Africa’s entrepreneurs and infrastructure as the driving force of his management at AfDB Punch NG and African Development Bank Group reports. This he has demonstrated through the various initiatives the continental development finance institution has created to support small and medium startups,... Continue Reading →

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