Nigeria’s ex-minister Akinwumi Adesina, president of the African Development Bank, has been named the winner of this year’s World Food Prize. The prestigious U.S.$250,000 prize is given annually to a person who has worked to advance human development by “improving the quality, quantity or availability of food in the world”. Over a 31-year existence, the…
AfDB to Invest $150million in Lekki Port
Sandeep Parasramaka, chief financial officer, Tolaram Group, has disclosed that the African Development Bank, AfDB, one of the financiers of the Lekki Seaport project, has obtained approval of its board to commit $150 million to the project. Parasramaka added that the port project got a boost with the recent conclusion of the due diligence required…
FG to collaborate with AfDB to Develop Abia
The federal government has expressed readiness to partner with the Abia State government through collaboration with the African Development Bank, AfDB to develop the state. Coordinating Minister for the Economy and Finance Minister, Dr. Ngozi Okonjo Iweala, revealed this when she led the country’s director of the African Development Bank, Dr. Ousmane Dore and some…
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