BUSINESS

African leaders, AfDB pushes for governance reforms, regional integration for transformation at NES Conference

Daily Dispatch September 14, 2025

African leaders, experts, the African Development Bank (www.AfDB.org) and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across the continent. Opening the Nigerian Economic Society’s (NES) 66th Annual

BUSINESS

Multilateral development banks hit record $137 billion in climate finance

Daily Dispatch September 10, 2025

….driving sustainable development worldwide Multilateral development banks (MDBs) delivered a record $137 billion in global climate finance last year—a 10% increase that underscores the growing scale of international climate investment. The majority of this funding flowed to low- and middle-income economies, according to a report published today by the European

NEWS

AfDB Contributes US$1 million Towards WFP Humanitarian Activities in Northeast Nigeria

Daily Dispatch February 21, 2025

The African Development Bank (AfDB) has contributed US$ 1 million from its Special Relief Fund to support emergency food response for flood-affected communities in Northeastern Nigeria especially those adversely affected by the devastating floods that hit Borno State in September 2024, A statement by the United Nations World Food Programme (WFP), said the support comes

BUSINESS

AfDB Seeks $42 billion to Bridge Financing Gap Hindering African Women Enterprises

Daily Dispatch November 27, 2024

The African Development Bank (ADB) has said it is presently seeking $42 billion to bridge the current financing gap hindering women-owned and women-led enterprises across the Africa continent. The Director General, Nigerian Country Department of the bank, Dr Abdul Kamara made the disclosure on Tuesday in Abujaat the High-Level Dialogue on Investment in Gender Equality […]

TOP STORIES

Buhari tasks World Bank, AfDB, others to support One Planet summit initiative, activate $19bn fund

Daily Dispatch May 9, 2022

President Muhammadu Buhari Monday in Abidjan urged the World Bank, African Development Bank and other partners to support the One Planet Summit initiative and activate the $19 billion pledge, which will be utilized for land restoration, tree planting, development of climate resilience infrastructure and investments in small and medium sized farms.  President Buhari

LEAD STORY 2

Alleged Corruption: AfDB bureau of governors set up independent panel to probe Adesina

Daily Dispatch July 2, 2020

The African Development Bank, AfDB bureau of governors has set up a three-man independent panel to further probe its President, Akinwunmi Adesina over a whistle blower’s allegations. In a communique issued late on Wednesday, the bureau explained why it has to probe further in the allegations leveled against the president. See full communique below: a)The […]