Tag: AfDB

Tribute to former AfDB President Babacar Ndiaye
Global

Tribute to former AfDB President Babacar Ndiaye

Babacar Ndiaye, the Bank Group’s fifth elected President, who served two terms between 1985 and 1995, passed away on July 13, 2017 in Senegal. “Goodbye, Papa, farewell to the ambassador for Africa’s development, rest in peace.” In an intensely emotional tribute, the President of the African Development Bank (AfDB) (www.AfDB.org), […]

AfDB Approves USD150 Million SME Loan
Big Business

AfDB Approves USD150 Million SME Loan

The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). The loan was initiated to also finance infrastructure and women-owned enterprises in Nigeria, AfDB said in its news release. “The Fund will […]