February 27, 2025
image
Home Posts tagged AfDB (Page 2)
Business

AfDB joins Nasdaq sustainable bond network

Ihesiulo Grace 0
Nasdaq on Wednesday announced the inclusion of the African Development Bank (AfDB), one of the world’s  largest issuers of social bonds, in the Nasdaq Sustainable Bond Network (NSBN). READ ALSO: COVID-19: Police vows to arrest, prosecute violators in Enugu The NSBN is a global and publicly available platform designed to improve transparency in the market […]
Opinion

The AfDB Wahala: It’s all about money

Ihesiulo Grace 0
This period of pandemic-induced high deficit spending by many African governments is hardly a good time to talk about increasing contributions to pan-African institutions. However, the apparent overreach of the U.S. in the African Development Bank crisis leaves little choice. But truth be told, Akinwumi Adesina’s problems at the African Development Bank (AfDB) are not […]
Business

AfDB VP resigns, says unrelated to whistleblower probe

Ihesiulo Grace 0
The African Development Bank’s vice president for agriculture, human and social development, Jennifer Blanke, will step down from her post next month, the bank said on Wednesday. A statement quoted Blanke, who joined the bank in 2017, as saying she was leaving “purely for family reasons to rejoin my family in Switzerland”, amid media speculation […]
Business

AfDB appropriates $288m loan for Nigeria to fight COVID-19

Ihesiulo Grace 0
The Board of Directors of the African Development Bank has appropriated a total sum of $288.5 million loan to assist Nigeria tackle the COVID-19 pandemic and mitigate its impact on people and businesses. The bank’s Communications and External Relations Department made this known in a statement on Saturday. It explained that the loan would bolster the government’s […]
Back Page

Akinwumi Adesina: Best man for the AfDB

Ihesiulo Grace 0
The Board of Governors and the Ethics Committee of the African Development Bank (AfDB) have given Dr. Akinwumi Adesina, the Bank’s president, a clean bill of health in a report dated May 5, wherein it is stated that Adesina has been “entirely exonerated of all allegations made against him.” The background to that development is […]
Opinion

Akinwunmi Adesina’s high 5 in deadly wind

Ihesiulo Grace 0
There are many blights in Daniel F. Runde’s Op-ed on Africa Development Bank (AfDB) that he penned for The Hill—an American news website, based in Washington, D.C—in the summer of 2019, but it at least set off a deadly wind inside the operations of the 54-year-old multilateral development finance institution. On Sunday, April 5, President […]
afdb
Business

AfDB approves $2m assistance against COVID-19 in Africa

Ihesiulo Grace 0
The Board of Directors of the African Development Bank (AfDB) has approved $2 million emergency assistance for the World Health Organisation (WHO), to reinforce its capacity to help African countries contain the COVID-19 pandemic. In a statement issued by the Bank’s Communication and External Relations Department on Wednesday, it said the fund would also help […]