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ABUAD to honour AfDB boss, Channels TV CEO

THE Afe Babalola University, Ado Ekiti, ABUAD, is to confer Doctor of Letters (LLD) honourary degree on the former Minister of Agriculture and President African Development Bank, AfDB, Dr. Akinwumi Adesina and the Chief Executive Officer of Channels Television, Mr. John Momoh to appreciate their contributions to nation building.

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AfDB approves policy on Non-sovereign Operations

The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations (NSO). The document provides the framework within which the Bank through its private sector lending window may provide financing or investment without sovereign guarantees to private and public entities that meet specific eligibility requirements on non-concessional terms.

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