FG’s Plan For Approval Of Duty-Free Food Imports Is depressing-Adesina

LAGOS JULY 15TH (NEWSRANGERS)-President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has raised concerns over the Federal Government’s plan to import food, stating that the policy is depressing. According to Nairametrics, he stated this during the Council of Anglican Provinces of Africa retreat held in Abuja on Saturday where he spoke on the…

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Canada, AfDB Sign CAD 133m Gender Lens Climate Fund For Africa

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…

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AfDB President, Akinwunmi Decries Lack Of Covid-19 Vaccine For Africa Countries

LAGOS MARCH 16TH (NEWSRANGERS)-African Development Bank President,  Dr. Akinwumi Adesina has called for vaccine justice for Africa. Speaking at the launch of the Bank’s African Economic Outlook 2021 report on Friday, Adesina decried the lack of Covid-19 vaccines reaching Africa. “We need global solidarity and vaccine justice for Africa,” Africa’s premier development bank chief said….

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Buhari, Other African Leaders Reaffirm Support For Adesina Led AfDB For Second Term

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…

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President Of AfDB, Akinwumi Adesina Re-Elected For Second Tenure

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….

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Peter Obi Hails Adesina’s Clearance, Backs His Second Term As AfDB President

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…

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Independent Experts Clear African Development Bank Chief, Adesina Of Corruption

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…

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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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