African Development Bank (AfDB) Archives

African Development Bank (AfDB)

May 9, 2026

AfDB Approves $61 Million Boost For Women-Owned Businesses In Nigeria

News Crackers Business, Economy African Development Bank (AfDB), Finance, Women Empowerment 0

Funding initiative aims to improve access to affordable credit and strengthen women-led enterprises across Nigeria. THE African Development Bank Group has approved a $61 million financing package aimed at expanding access to affordable credit for women-owned businesses in Nigeria, in a move expected to strengthen female entrepreneurship and support economic inclusion. The intervention is part […]

April 28, 2026

From Farm To Factory: How Processing Hubs Could Transform Nigeria’s Economy

News Crackers Agriculture, Economy African Development Bank (AfDB), Industrial Development, Special Agro-Industrial Processing Zones (SAPZs) 0

Nigeria Turns to Agro-Industrial Hubs for Growth NIGERIA is placing a major economic bet on Special Agro-Industrial Processing Zones (SAPZs) as a new strategy to modernise agriculture, create jobs, and unlock wealth in rural communities. Backed by the Federal Government and development partners including the African Development Bank (AfDB), the initiative seeks to cluster farmers, […]