Tag: AFDB
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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 ... -
AFDB Supports ETG’s Sustainable Agriculture with $75 Million Financing Package Across 14 African Nations
The African Development Bank Group has approved a $75 million financing package to support Export Trading Group (ETG), a Mauritius-based conglomerate with extensive operations across Africa. ETG boasts a diverse portfolio spanning agricultural inputs, logistics, merchandising and processing, supply chain optimization, digital transformation, and energy. This package includes a $65 million participation from the Bank’s ... -
Nigeria: African Development Bank and partners agree to fast-track implementation of Special Agro Industrial Processing Zones program
Nigerian ministers gathered in Abuja with state representatives and other stakeholders to push for accelerated delivery of the SAPZ program in Nigeria. October 2024 The African Development Bank Group has reached an agreement with participating Nigerian state governments to speed up implementation of a program designed to develop eight new agro-industrial zones in the country. ... -
African Development Bank Group Calls for Increased Investment and Innovation for Sustainable Agriculture
From left to right: Dr Victor Oladokun, Senior Advisor to the Bank’s President for Communication and Stakeholder Engagement; Eric Rwigamba, Minister of State for Agriculture and Animal Resources, Rwanda; Henry Musa Kpaka, Minister of Agriculture and Food Security, Sierra Leone; Umar A. Namadi, Governor of Jigawa State, Nigeria; Dr. Anxious J. Masuka, Minister of Lands, ... -
African Development Bank approves $79 million loan to boost Angola’s youth employment in agriculture and transportation
The African Development Bank’s support will help Angola strengthen job creation and promote youth entrepreneurship in the agriculture and transport sectors. The Board of Directors of the African Development Bank Group has approved a loan of $79.08 million to the Republic of Angola to promote youth entrepreneurship and employment in the agriculture and transport sectors. ... -
AfDB invests $10.9bn in Nigeria
The Director-General of West Africa Region, African Development Bank (AfDB), Lamin Barrow, says the banks cumulative financing approvals in Nigeria stands at 10.9 billion dollars. Barrow said this at the Second Interactive Session and Workshop on Developing Bankable Business Proposals/Business Plans for Youths in Agriculture on Monday in Abuja. The News Agency of Nigeria (NAN) ...










