AfDB to pump US$300m in the development of agro-processing zones in Nigeria

NIGERIA – The African Development Bank is planning to support the implementation of the Special Agro-Industrial Processing Zones project in Nigeria with US$300m. Senior Special Adviser on Industrialisation to AfDB President, Prof. Oyebanji Oyelaran-Oyeyinka, revealed […]

African Development Bank commits US$14m to support innovative farming in Sierra Leone

SIERRA LEONE – The African Development Bank has committed US$14 million to help Sierra Leone implement innovation in agriculture. According to Sierra Leone Telegraph, the money from AfDB will also be used to tackle corruption […]

AfDB approves US$37.2m to fund high credit risk projects in Africa

AFRICA – Africa Development Bank Group (AfDB) through its concessional financing window, the African Development Fund (ADF) has approved loans amounting to US$37.2 million to cover related credit risk for projects such as agriculture and […]