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Tag: AfDB

AfDB $150 million Infrastructure Credit Support

UBA - The Nigerian Diplomat

The Board of Directors, African Development Bank Group (AfDB) has approved $150 million line of credit to United Bank for Africa (UBA) in Nigeria to support infrastructure development.

Author Toju OgbePosted on August 26, 2016July 26, 2019Categories Diplomatic ChannelTags AfDB, infrastructure, UBALeave a comment on AfDB $150 million Infrastructure Credit Support

AfDB for North-East Nigeria Rehabilitation

AfDB - The Nigerian Diplomat

African Development Bank (AfDB) has donated $150 million as intervention funds to support Borno, Yobe, Bauchi, Gombe, Adamawa and Taraba states on reconstruction, rehabilitation and development of areas ravaged by the Boko Haram insurgency.

Author Toju OgbePosted on August 5, 2016April 11, 2017Categories Diplomatic ChannelTags AfDB, Boko-Haram, NigeriaLeave a comment on AfDB for North-East Nigeria Rehabilitation

Equity Investment for Agricultural Finance in Nigeria

African Dev Bank Group - The Nigerian Diplomat

The African Development Bank has approved a USD 9 million equity investment (approximately 12% of the fund’s capitalisation) in the Fund for Agricultural Finance in Nigeria (FAFIN) to provide expansion capital to agricultural small and medium-sized enterprises (SMEs)

Author Toju OgbePosted on August 5, 2016Categories Diplomatic ChannelTags AfDB, agriculture, NigeriaLeave a comment on Equity Investment for Agricultural Finance in Nigeria

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