AfDB Approves $3.25bn Support for Nigeria Until 2030 Amid Growing Fears of Misuse Due to Weak Accountability Structures

The African Development Bank (AfDB) has unveiled a new five-year Country Strategy Paper (CSP) for Nigeria, pledging to provide around $650 million annually from 2025 to 2030 — a move that could inject a total of $3.25 billion into Africa’s fourth-largest economy over five years. The initiative forms part of the Bank’s broader effort to [...]The post AfDB Approves $3.25bn Support for Nigeria Until 2030 Amid Growing Fears of Misuse Due to Weak Accountability Structures appeared first on Tekedia.

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