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$298m Loan: AfDB, Development Partners Propel Somalia Back from the Brink

PRESS RELEASE The Bank’s current portfolio in Somalia totals $298 million, covering operations in agriculture, water and sanitation, transport, social and energy, and multi-sectoral projects In early 2020, Somalia, with support from the United Kingdom Government and the European Union, settled its arrears to the African Development Bank (, paving the way

AfDB Unveils Plans for Food Security against Impacts of COVID-19

Maureen Okpe The African Development Bank (AfDB) has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition and food security aspects of the COVID-19 crisis through a raft of immediate and longer-term measures, with a report released alongside recommending immediate, short- and medium-term

AfDB Approves 5-Year Strategy for Nigeria Amidst COVID-19 Concerns

Godsgift Onyedinefu The board of directors of the African Development Bank (AFDB), has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019 edition, and incorporates emerging developmental realities and opportunities shaping Nigeria’s political and economic landscape, including in the post-COVID-19 period. Ebrima Faal,

Pioneer US Rep at AfDB Asks Trump Administration to Back Adesina

Senator Iroegbu The first ever United States Representative to the African Development Bank (AfDB), Ambassador Harold E. Doley,   has called on President Donald Trump Administration to Support the embattled Bank President, Akinwumi Adesina.  The US through its Treasury Secretary, Steven Mnuchin and its Executive Director at AfDB has launched a campaign that could