Tag: AFDB
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Nigeria Secures AfDB Support to Expand Agro-Industrial Zones
The Nigerian Government has obtained renewed financial backing from the African Development Bank (AfDB) to launch Phase 2 of the Special Agro-Industrial Processing Zones (SAPZ) initiative. This next phase aims to extend climate-resilient infrastructure and inclusive agro-industrial development to 24 additional states, building on the initial rollout in eight states and the Federal Capital Territory. ... -
African Development Bank Group Board Approves New Strategy to Drive Economic Diversification and Private Sector-led Inclusive Growth in Lesotho
The new strategy aims to address these vulnerabilities by unlocking private sector growth, creating sustainable employment, and building stronger institutions. MASERU, Lesotho, September 24, 2025/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a new $209 million Country Strategy Paper (CSP) for Lesotho, setting out a roadmap to accelerate ... -
Nigeria’s Agro-Industrial Revolution Gains Momentum with $2.2 Billion Boost
By Brandon Moss Lagos, Nigeria — In a landmark move to transform Nigeria’s agricultural landscape, the African Development Bank (AfDB), in collaboration with global partners, has mobilised $2.2 billion to roll out Phase Two of the Special Agro-Industrial Processing Zones (SAPZs) initiative. The funding will support the development of agro-industrial hubs across 24 states, marking ... -
Nigeria: African Development Bank to join groundbreaking ceremony of Special Agro-Industrial Processing Zone in Oyo State
Third groundbreaking in 2025 under Phase I of the Nigeria SAPZ Programme; first in the country’s southwest ABUJA, Nigeria, August 1, 2025/ — The Federal Government of Nigeria and the Oyo State Government will be joined by the African Development Bank (www.AfDB.org) for the groundbreaking ceremony of the Oyo State Special Agro-Industrial Processing Zone (SAPZ). ... -
AfDB Launches €100M Boost for Sustainable Agriculture in Morocco
By Brandon Moss The African Development Bank (AfDB) has approved a €100 million ($116.4 million) loan to bolster Morocco’s sustainable agriculture sector, with a strategic focus on empowering women, engaging youth, and improving climate resilience among smallholder farmers. Unveiled on Monday, the initiative seeks to strengthen food security in one of Africa’s most drought-vulnerable regions. ... -
Nigeria’s food and agriculture revolution takes off backed by the African Development Bank
Nigerian VP Kashim Shettima(right, red boubou), AfDB head Dr. Akinwumi Adesina (center, blue suit), and dignitaries, including traditional leaders, lay the foundation for a Special Agro-Industrial Processing Zone in Kaduna State on April 8, 2025 Nigeria began on Tuesday the journey to significantly transform its food and agriculture sector by launching the construction of the ... -
African Development Bank and Federal Government of Nigeria to Launch Special Agro-Industrial Processing Zones (SAPZ) Phase 1
WHAT: The SAPZ Nigeria Phase 1 Implementation Flagoff, a ceremony to commence construction of Nigeria’s Special Agro-Industrial Processing Zones (SAPZ) Phase 1. WHO: The African Development Bank (AfDB), the Federal Government of Nigeria (FGN), and partners including the Islamic Development Bank (IsDB), the International Fund for Agricultural Development (IFAD), and private-sector leader ARISE IIZ. WHEN: ... -
African Development Bank provides €5 Million grant to the International Institute of Tropical Agriculture to advance agricultural transformation in Africa
L-R: Traore-Tuho Sylvie , Chief Operation Officer, African Development Bank; Mamadou Diagne, Chief Regional Program Officer, African Development Bank; Karikari Tabi, Chief Agro-industry Officer, African Development Bank; Amu Orison, Lead Implementation Manager, African Development Bank; Abdul Kamara, Director General Nigeria, African Development Bank; Simeon Ehui, Director General, International Institute of Tropical Agriculture; Chrys Akem, Coordinator ... -
Agri-Expo Launches New Ventures, Investing in the Future of South African Agriculture
Legacy met innovation as Agri-Expo, South Africa’s oldest agricultural society, unveiled exciting new ventures at a launch event at Soetmelksvlei, Simondium, on Thursday 25 February. The event was attended by agricultural stakeholders from South Africa and the UK. Renowned for championing diverse initiatives that bolster South Africa’s agricultural economy, Agri-Expo’s latest projects continue this legacy. ... -
African Development Bank and World Food Programme Support Nigeria to Tackle Northeast Food Crisis
In the wake of the devastating floods that hit Borno State in September 2024, the African Development Bank has contributed $1 million from its Special Relief Fund to provide emergency food assistance to flood-affected communities in northeastern Nigeria. The support is critical, as humanitarian funding shortages coincide with rising food insecurity exacerbated by conflict, floods, and ...









