The African Development Bank Group (AfDB)

AfDB Approves $200m for BoI to Support MSMEs

The African Development Bank Group (AfDB) has approved a $200 million financing facility for the Bank of Industry (BoI) to expand access to long-term funding for businesses operating in key sectors of the Nigerian economy. This approval was disclosed in a statement published on the bank’s website, highlighting the bank’s continued support for Nigeria’s industrialisation […]

techictbusinessweek-ng
May 18, 2026
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AfDB, UNDP Launch $10bn AI initiative for Africa

The African Development Bank Group (AfDB) and the United Nations Development Programme (UNDP) have launched an ambitious $10 billion project to support the adoption of Artificial Intelligence (AI) across the continent. The 10 Billion Initiative intends to accelerate ethical AI adoption and inclusive digital economic growth in Africa. The initiative follows the Nairobi AI Forum, […]

techictbusinessweek-ng
February 25, 2026
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AfDB Approves $200m for BoI to Support MSMEs

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