NIGERIA - The multilateral development finance institution, African Development Bank (AfDB) Group has announced it is targeting to increase aquaculture production in Africa by five million tonnes by 2025. Through its Technologies for African Agricultural Transformation (TAAT) programme, the bank is looking to increase inland water fish to enable Africa become self-sufficient in fish production,…
NIGERIA - The African Development Bank Group has revealed plans to invest US$120 million over the next two to three years in the production and transformation of cassava among other important commodities. As part of a strategy to achieve agricultural diversity, the funding will also boost production of maize, sorghum/millet, wheat, livestock, aquaculture, high iron…
MOROCCO - The Board of Directors of the African Development Bank, Côte d’Ivoire’s multilateral development finance institution has approved US$236 million loan for Agricultural development in Morocco. The funding will finance the Program for Supporting the Inclusive and Sustainable Development of Agricultural Value Chains (PADIDFA) while reinforcing sustainable job creation. The program aims to support…
AFRICA - The African Development Bank (AfDB) has joined partners with the African Union Commission, African governments, United Nations agencies and development finance institutions in a bid to renew support for the industrialization of African countries. The agencies have also agreed to undertake and implement joint programmes for increased development impact, especially in mobilization of…
GHANA - Ghana and Ivory Coast are seeking a joint US$1.2 billion loan facility from the African Development Bank (AfDB) to establish warehouses and set up chocolate manufacturing facilities, a senior Ghanaian government official has said. The plea is in response to the sharp decline of the price of cocoa on the world market, the…
IVORY COAST - The African Development Bank (AfDB) has partnered with a number of organisations with a goal to boost the contribution of the food and culinary sector in Africa, thereby creating jobs and improving the economies across the Continent The Bank, through an online initiative, is advocating closer linkages between development partners and policy-makers…
AFRICA – The African Development Bank (AfDB) has said growth in sub-Saharan Africa is projected to reach 5.8 per cent in 2014, while the continent as a whole is expected to grow at between five per cent and six percent in 2015, a level maintained before the 2009 global recession.
AFRICA – The African Development Bank (AfDB) has said growth in sub-Saharan Africa is projected to reach 5.8 per cent in 2014, while the continent as a whole is expected to grow at between five per cent and six percent in 2015, a level maintained before the 2009 global recession.
