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AfDB, African Continental Free Trade Area Secretariat, sign $11 million institutional...

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…The signing took place on 25 July 2022, on the margins of the ninth meeting of the AfCFTA Council of Ministers responsible for trade,...

African Development Fund approves $2 million technical grant to boost electricity...

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TUES, 28 JUNE, 2022-theGBJournal| The Board of Directors of the African Development Fund on 24 June approved a technical assistance grant of $2 million...

African Development Bank Group to launch new Trust Fund for the...

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…Circular economy principles play a strategic role in advancing the African Development Bank’s High-5 development priorities SAT 16 APRIL, 2022-theGBJournal | The Board of Directors...

SEC receives AfDB Group’s administered Capital Markets Development Trust Fund grant...

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TUE 10 AUG, 2021-theGBJournal- The Securities and Exchange Commission, Nigeria Tuesday announced the receipt of a grant from the African Development Bank Group (AfDB)...

Korea to channel $600 million into energy investments alongside the African...

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The Korea-Africa Energy Investment Framework (KAEIF) pact follows the signing on 28 May 2021 of a General Cooperation Agreement between the Bank and the...

AfDB 2021 Annual Meetings: Members show support for plan to tackle...

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Adesina also pledged that the Bank would strengthen support to African countries as they tackle the pandemic’s economic and health impacts ABIDJAN, Ivory Coast, SAT...

African Development Bank debars Maxicare Company Nigeria Limited for 36 months...

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WED 28 APRIL, 2021-theGBJournal- The African Development Bank Group (www.AfDB.org), on 28 April 2021, announces the 36 month debarment of Maxicare Company (Nigeria) Limited...

AfDB Group approves $440,000 emergency relief assistance for flood victims in...

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The package, from the Bank's Special Relief Fund, will be split nearly equally between the two countries and will be used to purchase food...

Africa’s climate change fight gets a boost as Global Center on...

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THUR, 17 SEPT 2020-theGBJournal-African leaders welcomed the opening of a regional office of the Global Center on Adaptation on Wednesday, voicing hopes it will...

Nigeria’s debt portfolio rises 20.6% to N31.01trn in Q2 2020, 63.35%...

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MON SEPT 14, 2020-theGBJournal-Nigeria’s total debt portfolio grew to N31.01 trillion in Q22020, a 20.6% (in naira) from N25,701 trillion in Q22019, as the...