Tag Archives: Akinwunmi Adesina

By Nduka Uzuakpundu As Nigeria’s economy eases, with guarded optimism, out of a deep recession, the development has tended to renew investors’ hope in the country. The crawl away from a two-year-long recession, up to 2017, was hit with a nation-wide petrol scarcity for nearly two months up to December, 2017. As some tidiness returns to the economy, hope, among ...

The President of African Development Bank (AfDB), Akinwumi Adesina, said that the Bank, 2017, achieved its highest annual disbursement ever of 7.67 billion dollars on supports. Adesina said this in a statement made available to the News Agency of Nigeria (NAN), on Thursday in Abuja. He said that the Bank would continue to support African countries in ensuring stronger macroeconomic ...

The President of African Development Bank (AfDB), Akinwumi Adesina,  says the bank would invest 12 billion dollars in the power sector in Africa in four years with the goal of leveraging on the aviation sector. He said the sector was very important to Africa because it accounted for about 73 billion dollars in Gross Domestic Product (GDP) and created about ...