AfDB Set to Drive Nigeria’s Agricultural Development with $2.2 Billion Funding

AfDB Discuss Banks zplan for 2025 The Programme is expected to target 7 states The African Development Bank (AfDB) has announced a $2.2 billion funding package to develop Special Agro-Industrial Processing Zones (SAPZ) across Nigeria, aimed at transforming the nation’s agriculture sector and addressing food insecurity. Eko Hot Blog reports that Abdul Kamara, the Director … Read more

Health, Planning Ministries Partner with AfDB on Sustainable System Project

Lagos State Ministry of Physical Planning and Urban Development recently held a meeting with the Ministry of Health and representatives from the African Development Bank (AfDB) to explore ways of enhancing the sustainability of health systems project preparation in the state. Dr. Oluyinka Olumide, Commissioner for Physical Planning and Urban Development, emphasized the importance of … Read more

BREAKING: Tinubu Appoints Abdu Mukhtar As National Coordinator For Healthcare Value-Chain Initiative

Abdu Mukhtar

EKO HOT BLOG reports that President Bola Tinubu, on Tuesday, appointed Abdu Mukhtar, as the new national coordinator of the Unlocking Healthcare Value-Chain Initiative. This online media platform understands that Mukhtar is the immediate past director of industry and trade development at the African Development Bank (AfDB). EDITOR’S PICKS Imo LP Candidate Athan Achonu Rejects … Read more

Dele Momodu Denies Endorsing Tinubu For President Ahead Of 2023

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Momodu accused Tinubu’s media handlers of “fumbling” through cheap campaigns…  EKO HOT BLOG reports that Dele Momodu, a presidential aspirant, on Saturday, denied endorsing Bola Tinubu, National Leader of the All Progressives Congress (APC) for the 2023 presidency. Momodu accused Tinubu’s media handlers of “fumbling” through cheap campaigns. He was reacting to the circulation of … Read more

President Buhari Appoints Aide Into African Development Bank

Farouk Yahaya, President Buhari, Measures, Buhari, FG, Refinery, Aisha Buhari

Nigerian President, Muhammadu Buhari has appointed Dr. Oyebode Oyetunde as Executive Director for Nigeria at the African Development Bank (AfDB) in Abidjan, Cote D’Ivoire. Dr. Oyetunde is a member of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN). Nigerian President, Muhammadu Buhari has appointed Dr. Oyebode … Read more

Vacancy!!! African Development Bank (AfDB) – AgriPitch Competition 2020

Asoko Insight is Africa’s leading market intelligence and corporate data provider, helping investors, banks, multinationals, and governments to identify and verify clients and businesses across the continent. Applications are invited for: Title: African Development Bank – AgriPitch Competition 2020 Location: Nationwide Background The African Development Bank’s Youth AgripreneurAgriPitch Competition and DealRoom connects expansion-ready, youth-led African businesses … Read more

AfDB Vice President, Dr. Jennifer Blanke Resigns

AfDB Vice President, Dr. Jennifer Blanke Resigns

AfDB Vice President for Agriculture, Human and Social Development Dr. Jennifer Blanke has resigned her position. African Development Bank. AfDB made this known in a statement on Wednesday. The bank said Blanke’s resignation would take effect July 4, 2020. READ ALSO:  https://ekohotblog2.com/2020/06/10/police-nabs-fake-inspector-suspected-fraudsters-in-niger/ The statement quoted her saying, “I am leaving purely for family reasons to … Read more

Adesina AfDB: 15 Ex-African Leaders Send Warning Message To Trump, See Details

15 Ex-African leaders send warning messages to the U.S. government headed by President Donald Trump to respect the governing systems of the African Development Bank (AfDB). In a statement on Friday, the former leaders said the bank and its president, Akinwumi Adesina, should not be distracted at a time when the continent is battling the … Read more

AFDB Crisis: Obasanjo, Writes AFDB Board, See Full Text

Former President Olusegun Obasanjo writes to African Development Bank (AFDB) expressing his displeasure over the ongoing crisis. Olusegun Obasanjo describes the United States of America call for “independent investigation” into allegations of favoritism and others against President of African Development Bank, Dr Akinwunmi Adesina as a ridicule of the bank’s governance system. In a letter … Read more

JUST IN: Buhari Writes Reps, Requests Fresh $5.513bn Loan

President Muhammadu Buhari writes Reps, requests fresh $5.513bn loan. The Federal Government is to borrow a sum of $5.513 billion from external sources to finance the revised 2020 appropriation and support state government meet their challenges occasioned by COVID-19. In a letter to the House of Representatives, President Muhammadu Buhari sought the approval of the … Read more

AfDB Appoints Bajabulile Tshabalala Acting Senior VP

Ms Bajabulile Tshabalala has been appointed the Acting Senior Vice President of the African Development Bank(AfDB). President of the bank, Dr. Akinwumi Adesina made the appointment, according to the bank’s Communication and External Relations Department. Tshabalala, currently Vice President for Finance and Chief Finance Officer for the African Development Bank Group, joined the Bank on … Read more

AfDB Joins Tony Elumelu Foundation Programme Catalysing Entrepreneurship Across Africa

AfDB Joins Tony Elumelu Foundation Programme Catalysing Entrepreneurship Across Africa

Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and AfDB President Akinwumi Adesina, on their commitment to African entrepreneurship, with the disbursement of $2.5million seed capital to the AfDB-sponsored beneficiaries of the 2019 Tony Elumelu Foundation Entrepreneurship Programme. $2.5m was released today, with the remainder expected to be disbursed to the entrepreneurs … Read more

AfDB Moves To Invest $600m In Renewable Energy

The African Development Bank (AfDB) moves to invest $600 million for the development of renewable energy in Africa. The President of AfDB, Akinwumi Adesina, disclosed this during his keynote speech at the UK-Africa Investment Summit. The investment into the renewable energy market had been encouraged by the opportunities, which Adesina says are available in Sub-Saharan … Read more

Foreign Debt Servicing Gulps $1.66bn In One Year

Servicing the nation’s external debt gulped $1.66bn in one year, from July 2018 to June 2019, an analysis of data obtained from the Debt Management Office has shown. According to report, within one-year period, the country’s external debt rose from $21.59bn to $27.16bn. This means that the external indebtedness of the country rose by $5.57bn … Read more