AfDB President, Akinwumi Adesina

AfDB to create 25 million jobs for youths

The African Development Bank, AfDB, said it has lunched a Presidential Youth Advisory Group, an initiative that will create 25 million jobs for youths. Akinwunmi Adesina, president of the bank said, the initiative would provide insights and innovative solutions for job creation for Africa’s youth as outlined in the Bank’s Jobs for Youth in Africa Strategy. […]

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AfDB approves $155m power loan for Nigeria

The African Development Bank (AfDB) has approved and released $155 million to assist Nigeria to improve its power sector. The loan is for Economic and Power Sector Reform Programme (EPSERP). The approval became effective from Oct. 19, 2012 and the amount was fully disbursed in two tranches on March 1, 2013, and Dec. 21, 2015. […]

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