African Development Bank Unveils $10bn Response Facility To Curb COVID-19

LAGOS APRIL 8TH (NEWSRANGERS)-The African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken by the Bank to respond to the pandemic and will be the institution’s primary channel for its efforts to address the…

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African Development Bank Rebuts World Bank President’s Comments On Africa’s Debt Profile

LAGOS FEBRUARY 14TH (NEWSRANGERS)-In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank (https://www.AfDB.org), have a ttendency to lend too quickly and in the process, add to the continent’s debt problems. ADB, however described the allegation as  inaccurate and not fact based,…

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Africa Development Bank Invests $25bn To Transform Africa Agricultural Sector

LAGOS JANUARY 30TH (NEWSRANGERS)-African Development Bank(ADB) is  spearheading efforts to feed Africa and is  investing $25 billion over a ten-year period to transform the continent’s agriculture sector. President of  Africa Development Bank ,  Akinwumi Adesina made the disclosure  as he was conferred with an Honourary Doctorate  of Science  by the Federal University of Agriculture in…

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All Is Set For Second Africa Investment Forum In South Africa By November

LAGOS OCTOBER 8TH (NEWSRANGERS)-The second edition of the Africa Investment Forum, a game-changer to tilt capital flow into the continent, will take place from 11-13 November 2019 at the Sandton Convention Centre in Johannesburg, South Africa. The forum, organized by the African Development Bank and its partners, is the largest multi-stakeholder and multi-disciplinary marketplace aimed…

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The Cable Reporter Awojulugbe Wins APO Group Invitation To Attend ADB’s 2019 Annual Meetings

LAGOS MAY 17TH (NEWSRANGERS)– APO Group, the leading media relations consultancy and press release distribution service in Africa and the Middle East has announced that Mrs Oluseyi Awojulugbe from Nigeria has won APO Group’s invitation to attend the African Development Bank’s 2019 Annual Meetings which will take place in Malabo, Equatorial Guinea, from 11th to…

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Rwanda: African Development Bank Marks 25th Remembrance Of Genocide Against Tutsi

LAGOS APRIL 19TH (NEWSRANGERS)-With poems, videos and a riveting testimony from a former Prosecutor General of the United Nations International Criminal Tribunal for Rwanda (ICTR), the African Development Bank (www.AfDB.org), in collaboration with the Rwandan Embassy and the Rwandan community in Côte d’Ivoire, observed the 25th commemoration of the Genocide against the Tutsis in Rwanda…

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South Africa To Host African Development Bank 2018 African Investment Forum

LAGOS MAY 8TH (NEWSRANGERS)-The Gauteng Province in South Africa has endorsed the African Development Bank’s November 2018 Africa Investment Forum as a world-class initiative that is uniquely positioned to transform the continent’s development landscape. Gauteng Province will host the Bank’s inaugural forum from November 7-9, 2018 at the Sandton Convention Center in Johannesburg. Speaking after…

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African Development Bank Holds Workshop In Combating Illicit Financial Flows At Abuja

LAGOS APRIL 20TH (NEWSRANGERS)-The African Development Bank will hold a Workshop on Strengthening the Role of Parliament in Combating Illicit Financial Flows from Africa (IFFs) from 24 to 26 April 2018 in Abuja. Since the approval of the Bank Group’s Policy on the Prevention of Illicit Financial Flows and its accompanying Strategic Framework and Action…

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