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…
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,…
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…
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…