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Tag : African Development Bank

Business

Nigerian farmers hail AfDB’s boss over re-election, inauguration

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Over 40 million Nigerian farmers under the auspices of All Farmers Association of Nigeria, AFAN, Saturday, hailed Dr Akinwunmi Adesina, over re-election and subsequent inauguration...
Business

Nigerian government to electrify five million homes in rural communities with N2.3 trillion

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The Federal Government has concluded arrangements to expend N2.3trillion on electrification of rural communities, targeting five million homes under the Economic Sustainability Plan, ESP. Minister...
Business

Nigerian government congratulates Akin Adesina on re-election as AfDB president

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The Federal Government has congratulated Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group on his re-election as the eighth president of the bank...
Business

Akin Adesina pledges quality deliverables to Africa through AfDB

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Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group, says he will build a much stronger and resilient bank to deliver greater quality impacts...
Business

Sub-Saharan Africa’s virus-induced slump may last three years – Ghanaian minister

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The economic slump in sub-Saharan Africa caused by the coronavirus outbreak could last well over three years, Ghana’s finance minister said on Tuesday. Much of...
Business

Akinwumi Adesina re-elected AfDB president

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Dr. Akinwunmi Adesina has been re-elected as the President of the Africa Development Bank. Adesina was re-elected by the Board of Governors of the Bank...
Business

Akinwmi Adesina: Why I should be re-elected to lead AfDB for another five years

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African Development Bank President Akinwumi Adesina on Wednesday made a case for his re-election as head of the institution, saying that he wanted to fulfil...
Business

AfDB blacklists five Nigerian firms over diversion, others

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The African Development Bank (AfDB) Group has debarred five Nigerian firms for diverting funds to other uses, among others. The latest debarring of Nigerian firms...
African News

Ivory Coast president sees growth slowing to 1.8% in 2020

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Ivory Coast’s economic growth is expected to slow to 1.8% in 2020 from a projected 7.2% due to the impact of the coronavirus pandemic, President...
Business

West Africa’s BCEAO central bank reopens in Mali for first time since coup

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The regional branch of West Africa’s BCEAO central bank has reopened in Mali for the first time since a military coup last week, Hamadoun Ba,...