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Founder and Managing editor of The Africa Global Village

Investments 

African Development Bank approves $4 million grant to bolster South Sudan’s COVID-19 response

The Board of Directors of the African Development Bank on Wednesday approved a UA 3 million ($4.16 million) grant to South Sudan to support the emergency response to COVID-19 and strengthen the country’s fragile health system. The grant, from the Transitional Support Facility of the Bank Group’s African Development Fund, will provide funding for the project to enhance the capacity… Read More
OP-ED Opinions 

Maryam Abacha, Shut Up! By Ozodinukwe Okenwa

The widow of the expired military kleptocrat, Gen. Sani Abacha, Maryam, recently ‘resurrected’ from many years of political wilderness by going public on the billions of Dollars stolen by her late loathed dictator-husband. One would have expected the former First Lady to keep quiet and be ashamed of the atrocities committed by her late husband but she manifested the nebulous… Read More
Investments 

African Development Bank joins Nasdaq Sustainable Bond Network

Nasdaq (Nasdaq: NDAQ) on Wednesday announced the inclusion of the African Development Bank, one of the world’s  largest issuers of social bonds, in the Nasdaq Sustainable Bond Network (NSBN). The NSBN is a global and publicly available platform designed to improve transparency in the market for green, social and sustainability bonds. Ten Bank bonds were added to the platform, including… Read More
OP-ED Opinions 

The African Knee On African Americans By SKC Ogbonnia

The gruesome murder of George Floyd, an African American, while handcuffed and pinned to the ground by the knee of Derek Chauvin, a white police officer, has provoked deeper implications for the systemic racial injustice in the United States of America. One of the powerful voices resonating with the racial crisis is the Reverend Al Sharpton. A prominent African American civil… Read More
Investments 

Egypt: African Development Bank approves 225 million euros budget support loan for electricity sector to bolster economic resilience and…

The Board of Directors of the African Development Bank on Wednesday approved a 225 million euros loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The funding, provided in a challenging global context, will help meet the Government of Egypt’s financing requirements in the light of the COVID-19 pandemic, and support a sound electricity infrastructure base, a key… Read More
Investments 

Egypt: African Development Bank approves 225 million euros budget support loan for electricity sector to bolster economic resilience and…

The Board of Directors of the African Development Bank on Wednesday approved a 225 million euros loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The funding, provided in a challenging global context, will help meet the Government of Egypt’s financing requirements in the light of the COVID-19 pandemic, and support a sound electricity infrastructure base, a key… Read More
Investments 

Egypt: African Development Bank approves 225 million euros budget support loan for electricity sector to bolster economic resilience and…

The Board of Directors of the African Development Bank on Wednesday approved a 225 million euros loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The funding, provided in a challenging global context, will help meet the Government of Egypt’s financing requirements in the light of the COVID-19 pandemic, and support a sound electricity infrastructure base, a key… Read More
Investments 

The Independent Review Mechanism hosts a virtual outreach with civil society organizations

The Compliance Review and Mediation Unit (BCRM), the Secretariat of the Bank’s Independent Review Mechanism (IRM), organized an information webinar for civil society organizations (CSOs) on “Handling Complaints from People Affected by Projects Financed by the African Development Bank Group (AfDB)” on Wednesday, 10 June 2020.  The session brought together 61 participants from civil society organizations representing 8 countries in… Read More
OP-ED Opinions 

Remembering The “Profeseers” Of UNILAG By Joke Omotunde

Forty years ago, a brand new set of undergraduate students graduated from the Mass Communication Department of the University of Lagos. I was fortunate to be one of them. I remember very well the enthusiasm of fellow graduating students, the hopes and aspirations of a greater and brighter future ahead in uncharted territories. If not, how could I have survived my initial encounter with what… Read More
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