A delegation from the Headquarters of the African Development Bank (AfDB) in Abidjan, led by Mr. Mwila Aeron Katambula, the Bank’s Transport Specialist, is currently in Abia State for the final lap of talks between Abia State Government and AfDB on some developmental projects of interest to the bank in Abia State. The state Governor, Dr. Okezie Ikpeazu, who received ...
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AfDB Injects $8.2m Into African Housing
Shelter Afrique, a Pan-African finance institution supporting the development of the housing and real estate sector in Africa has received a $8.2 million injection of equity by the African Development Bank (AfDB). In a statement by the AfDB, the injection is meant to strengthen its balance sheet and help achieve its objective of providing quality affordable housing in Africa. “Africa’s economic ...
Read More »Africa Needs $100billion Annually To Close Infrastructure Financing Gap – AfDB President
The President of African Development Bank (AfDB), Akinwumi Adesina, says African countries need $100 billion annually to close infrastructure financing gap. Mr. Adesina disclosed this in an interview with the News Agency of Nigeria on Sunday in Abuja. He said that the bank had invested a lot in infrastructure, adding that the aim of the bank was to connect African ...
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