LAGOS MARCH 24TH (NEWSRANGERS)– The Government of Canada and the African Development Bank have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional loans to climate change-related projects with a strong gender-responsive component. The fund will be capitalized through a combination of a CAD 122.9…
LAGOS AUGUST 2ND (NEWSRANGERS)-African leaders on Tuesday reaffirmed their support for the African Development Bank Group and its leadership under Dr. Akinwumi Adesina as he begins his second five-year term with a renewed mandate to foster sustainable development on the continent. In goodwill messages to mark Adesina’s inauguration, Presidents Muhammadu Buhari of Nigeria, Paul Kagame…
LAGOS SEPTEMBER 1ST (NEWSRANGERS)-President-elect of the African Development Bank Group (AfDB), Akinwumi Adesina has promised to give more support to ensure that the continent’s infrastructure gap is reduced by providing quality growth. Dr Adesina, during his inaugural address after being sworn-in as AfDB President on Tuesday, pledged to expand partnership and tilt more attention to…
LAGOS AUGUST 28TH (NEWSRANGERS)-Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 election, Mr Peter Obi, has congratulated Akinwunmi Adesina on his re-election as the President of African Development Bank (AfDB), while expressing hopes that his second tenure in the position will yield more blessing to Nigeria and Africa in general. Obi,…
LAGOS AUGUST 27TH (NEWSRANGERS)-President of the African Development Bank (AfDB) Akinwumi Adesina has been re-elected for a second tenure. Presidential aide Lauretta Onochie announced this on Thursday via Twitter, thanking President Muhammadu Buhari for his support. “Our very own Akinwumi Akin Adesina has been reaffirmed as the President of the African Development Bank,” she wrote….
LAGOS JULY 29TH (NEWSRANGERS)-The exoneration of African Development Bank (AfDB) President, Dr. Akinwumi Adesina, by an Independent Review Panel set up to investigate allegations of ethical wrongdoings leveled against him, is a welcome development which paves the way for his second term as President of the Bank. Vice Presidential Candidate of Peoples Democratic Party (PDP) during the…
LAGOS JULY 28TH (NEWSRANGERS)-An independent panel of experts, headed by former Irish president Mary Robinson, has cleared the beleaguered leader of the African Development Bank (AfDB) of corruption, according to a report obtained by AFP. Akinwumi Adesina, 60, a charismatic speaker known for his elegant suits and bow ties, became the first Nigerian to helm…
LAGOS JUNE 5TH (NEWSRANGERS)-The Vice President, Pan African Chamber of Commerce and Industry, Prince Adetokunbo Kayode, has said the American Treasury Department is mistaken about its call for a fresh probe of the President of the African Development Bank, Dr. Akinwumi Adesina, calling for engagement with Washington on the issue. The chamber leader in a…