AfDB
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Finance
CBN Mints 500m eNaira, As Nigeria Launches Digital Currency
The Central Bank of Nigeria (CBN), said it has successfully minted 500 million eNaira to kickstart the Digital Currency Initiative…
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Finance
Buhari To Unveil eNaira On Monday -CBN Announces
President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on…
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Business
AfDB Approves $50m To Bridge Trade Finance Gap In Africa
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation…
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Finance
Fraud: AfDB Debars Sargittarius Nigeria Limited For 18 Months
The African Development Bank Group, on 17 August 2021, announces the 18-month debarment of Sargittarius Nigeria Limited and its affiliates,…
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Finance
AfDB Launches AUD$600m Kangaroo Social Bond
The African Development Bank launched a A$600 million (US$463.9 million) 5.5-year Kangaroo bond, marking its return to the Australian dollar…
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Finance
Afreximbank, NEXIM Announce US$750,000 Grant To Improve Nigeria’s Inland Waterways
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have announced a US$750,000 grant to support the charting of the…
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Entertainment
Afreximbank Records US$87.3m Net Income In Q1, 2021
African Export-Import Bank (Afreximbank) today, in Cairo, released its unaudited financial statements for the three months ended 31 March 2021,…
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Finance
AfDB Board Approves Policy For Water Security In Africa
The Board of Directors of the African Development Bank Group has approved a new policy on water, prioritizing water security…
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Finance
Fraud: AfDB Debars Mactebac Contractors Limited, Mr. Joram Opala Otieno For 36 months
The African Development Bank Group announces the 36-month debarment of Mactebac Contractors Limited, a company registered in Kenya and Mr.…
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Finance
AfDB, EBRD Partner To Bridge $2.5trn Annual Development Financing Gap In Africa
The African Development Bank Group and the European Bank for Reconstruction and Development (EBRD) on Monday signed a memorandum of…
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