Business

ADF mobilises $8.9bn for Africa’s low-income countries

Ihesiulo Grace 7 December 2022 0

By Joy Obakeye The African Development Fund (ADF) have agreed to commit a total package of $8.9 billion to its 2023 to 2025 financing cycle. It is the largest replenishment in the history of the Fund. ADF is the concessional window of the African Development Bank Group, providing grants and

News

Dangote foundation donates N1.5bn to Nigeria/ UN COVID-19 basket fund

Ihesiulo Grace 7 May 2020 0

The Aliko Dangote Foundation (ADF) has donated N1.5 billion ($3.8 million) to the Nigeria/United Nations COVID-19 basket fund to boost the fight against the novel coronavirus disease. The UN in Nigeria announced the donation in a statement issued on Wednesday in Abuja. According to the statement, ADF collaboration with the UN will booster the federal […]

Featured Headlines

ADF engages 54gene Lab to conduct 1,000 COVID-19 test daily in Kano

Ihesiulo Grace 4 May 2020 0

The Aliko Dangote Foundation (ADF), a philanthropic endeavour of Aliko Dangote, has contracted 54Gene, a molecular diagnostics company specialized in research, and diagnostics, to immediately set up a 400 test/day capacity laboratory in Kano State. 54Gene is accredited by the Nigeria Centre for Disease Control (NCDC), and has already set up labs in Lagos and […]

Africa

ADF to scale up support to Africa’s vulnerable for 2020-2022.

Ihesiulo Grace 29 November 2019 0

Representatives of donor governments will meet in December in Centurion, South Africa, to conclude the 15th Replenishment of the African Development Fund (ADF) with a financing package for Africa’s low-income countries for the period 2020-2022. Representatives of beneficiary member countries will also participate in the deliberations, focusing on the needs and priorities