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AfDB To Support Tech-Based MSMEs With $500m – Osinbajo

Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to  support Micro Small and Medium Enterprises(MSMEs), especially technology-based ones with 500 million dollars in Nigeria. Osinbajo disclosed this on Sunday at the 33rd Inaugural Lecture of Babcock University, Ilishan Remo, Ogun. The institution’s 33rd Inaugural Lecture was delivered by Oluseyi Oduyoye, Professor of […]Read More

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Osinbajo Launches AfDB-Funded $258m Northeast Recovery Intervention.

The African Development Bank and the Federal Government have launched the Inclusive Basic Service Delivery Livelihood Empowerment Integrated Programme – a $258million comprehensive multisectoral intervention aimed at bolstering rehabilitation efforts in north-eastern Nigeria. According to a statement by the AfDB, Nigeria’s Vice President Yemi Osinbajo launched the program at the bank’s premises in Abuja. The […]Read More

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Nigeria, Others Get AfDB’s $40m Infrastructure Lifeline.

A new lifeline for infrastructure funding has been lined up for Nigeria and the rest of the continent’s economies, under the Africa Infrastructure Investment Fund (AIIF3), with $40 million ready for disbursements. An initiative approved by the African Development Bank (AfDB) and the third in a series of equity investments, is a closed-ended pan-African infrastructure […]Read More

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African infrastructure rises by 22%.

The Infrastructure Consortium for Africa (ICA) has unveiled the 2017 infrastructure development in Africa which it said rose by 22 per cent. It published the outlook on the first day of the Africa Investment Forum, holding in South Africa. The ICA’s Infrastructure Financing Trends in Africa 2017 report shows that commitments to develop Africa’s infrastructure […]Read More