Tags : AfDB

COVID-19 And Its Impact On Rural Development In Zaria Local

This story is a result of Orodata’s Micro-Grant support to journalists to produce in-depth investigative and data-driven stories on thematic areas like Development, Healthcare, Covid-19, and Covid-19 Vaccine. Northern Nigeria is on the frontline of the Sahara Desert, where the effects of climate change manifest ominously as desert encroachment, erratic rainfall, and a drastic reduction […]Read More

COVID-19: Africa Loses $190bn In GDP

The President of the African Development Bank Group, Akinwumi Adesina, has said that the  African economy lost over $190 billion due to the effect of the COVID-19 pandemic. Adesina, during the AfDB’s 2021 virtual Annual Meeting, added that the pandemic has forced 30 million people into extreme poverty with an estimation of 39 people going […]Read More

AfDB: $10bn COVID-19 Fund Boosting Africa’s Recovery

The African Development Bank has said the intervention package of its $10 billion COVID-19 relief facility which has it began disbursing since the heat of the pandemic in 2020 is boosting the recovery of several African countries. The Vice President, Regional Development, Integration and Business Delivery Complex, Khaled Sherif, stated this at the bank’s pre-annual […]Read More

SEC: AfDB Grants $400,000 for Capital Markets Development

The African Development Bank Group has authorized a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria as part of an effort to strengthen securities market regulation as well as broaden market instruments. The grant, according to the bank. Would be targeted towards strengthening the risk-based supervision framework; regulation of derivatives and green […]Read More