THE African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to […]
RTag: African Development Bank
AfDB reviews Africa’s economic forecast for 2023, 2024
THE African Development Bank (AfDB) has reviewed downward its short- to medium-term macroeconomic forecast for Africa for 2023 and 2024. […]
AfDB launches research project on grain quality grading and certification in Ghana
THE African Development Bank has launched a three-year research and outreach initiative in Ghana to enhance the cereal value chain […]
AfDB strengthens partnership with African Network of Delivery Units
THE African Development Bank’s participation in the 2023 Dakar Forum of The African Delivery Units Network, provided a unique platform […]
AfDB, AGF begin Affirmative Finance Action for Women in Africa in Kenya
…to unlock financing for women-led enterprises The Affirmative Finance Action for Women in Africa, AFAWA, initiative seeks to increase women’s access to […]
AfDB approves $10m investment in Dhamana Guarantee Company Limited, East Africa
THE Board of Directors of the African Development Bank Group has approved a $10 million equity investment in Dhamana Guarantee […]
AfDB, Togolese government agree to accelerate implementation of 2021-2026 Country Strategy Paper
THE Government of Togo and the African Development Bank have agreed to increase the pace of ongoing projects on the […]
AfDB holds first regional technical consultation on Public Service Delivery Index
THE African Development Bank, AfDB, together with partners, including the Tony Blair Institute and International Labor Organization has held the […]
AfDB approves new loan to finance construction of Namibia’s railway
AFRICAN Development Bank (AfDB) on Wednesday said it has approved 196.43 million dollars loan for Namibia to implement the second […]
AfDB appoints Desiré Jean-Marie Vencatachellum senior director, Country Economics Department
Over the past decade Vencatachellum has played a key role in resource mobilization and partnerships THE African Development Bank (AfDB) has […]
2023 IMF/World Bank Annual Meetings: Multilateral Development Banks pledge stronger financing capacity for greater impact
THE heads of multilateral development banks, MDBs, attending this year’s IMF/World Bank Annual Meetings in Morocco have pledged to strengthen […]
AfDB imposes 12-month conditional non-debarment on Unik coy for corrupt practice
THE African Development Bank (AfDB) Group, has announced its conclusion of a negotiated settlement agreement with Unik Construction Engineering (Pty) […]
AfDB, IOM collaborate on joint report on diaspora engagement, climate-induced migration, skills mobility
THE African Development Bank and the International Organization for Migration, IOM, have produced a joint report examining the nexus between […]
AfDB, Angola sign $124.4m loan agreements to finance sanitation
The Coastal Towns Inclusive Sanitation Project is part of the Angolan government’s efforts to improve water and sanitation service delivery […]
AfDB, Google collaborate on digital transformation in Africa
THE African Development Bank and Google have formalized cooperation aimed at advancing digital transformation in Africa. The parties signed a […]
AfDB, KEITI sign agreement on deployment of climate-resilient technologies in Africa
THE African Development Bank and the Korea Environmental Industry and Technology Institute, KEITTI, have signed a joint technical assistance agreement […]
African Ministers commit to transforming the Continent’s Transport, Energy sectors in landmark Zanzibar Declaration
A meeting of African ministers in charge of transport and energy held from12-15 September on the theme, “Accelerating Infrastructure to […]
AfDB condoles with Libya over storm, urges support of devt. community
AFRICAN Development Bank (AfDB) has condoled with the people of Libya over the recent Mediterranean storm Daniel that resulted in […]
AfDB announces investor calls for inaugural USD Global Benchmark Sustainable Hybrid Capital transaction
THE African Development Bank has announced the upcoming investor calls and meetings in New York, London and Paris, ahead of […]
AfDB’s Sustainable Energy Fund for Africa welcomes $50m in new commitments from Germany, US at Africa Climate Summit
THE African Development Bank’s (www.AfDB.org) Sustainable Energy Fund for Africa welcomes approximately $50 million in new funding contributions from Germany […]
Niger coup plotters name former economist as new prime minister
NEARLY two weeks after the military took over power in Niger, the coup plotters have named former economy minister Ali […]
AfDB, UNEP partner to drive implementation of Kunming-Montreal Global Biodiversity Framework in Africa
The African Development Bank and UNEP will partner to establish an Expert Group on Biodiversity Finance, which will provide African […]
How NEXIM Bank created 12000 jobs, remained profitable in 5 years – Abba Bello
By Anthony Isibor THE Nigerian Export-Import Bank, NEXIM, has since 2019 created 12000 jobs and made over N6 billion as […]
Africa50 invests in infrastructure worth $6.6bn in 6 years- AfDB
AFRICAN Development Bank, AfDB, says Africa50 has invested over 6.6 billion dollars in critical infrastructure in its six years of […]
AfDB pledges support towards boosting Nigeria’s economy
THE African Development Bank (AfDB) President, Dr Akinwumi Adesina, has pledged the Bank’s support toward revamping Nigeria’s economy. Adesina, made […]
International community welcomes AfDB initiative on IMF Special Drawing Rights
THE World leaders attending this week’s Summit for a New Global Financing Pact praised the African Development Bank (www.AfDB.org) for […]
Stakeholders laud AfDB, AUC, Africa50 on green Africa Initiative
THE African Development Bank (AfDB) Group, African50 and the African Union Commission (AUC) have received commendations for creating the Alliance […]
International community welcomes African Development Bank initiative on IMF Special Drawing Rights
…Practical roadmap for easing the debt burden for low-income countries while freeing up funds for climate needs WORLD leaders attending […]
AfDB approves $23.04 million for modern floating dock facility
…The board also authorized the syndication, on a “best efforts basis”, of additional financing of up to $11 million THE […]
Evolution of debt landscape over the past 10 years in Africa
By Akinwumi Adesina THENK you for inviting me to speak at this important session on the evolution of the debt […]
World Environment Day: Host Cote d’Ivoire, Africa Development Bank urge collective action to end plastic pollution
COTE d’Ivoire hosted the 50th anniversary of World Environment Day on the 5th of June 2023, with the African Development Bank as […]
AfDB-funded project boosts universal access to water in Rwanda
The Kigali Bulk Water Supply Project was the Bank’s first private sector operation in Rwanda ESTHER Mukantwali of Rwangara Village […]
World Environment Day: How Nigeria can combat plastic waste pollution – AfDB
The Director-General, Nigeria Country Department of AfDB, Lamin Barrow, in a statement, was quoted to have spoken at a Webinar […]
AfDB to boost electricity, transport infrastructure, value chain development and trade facilitation to spur regional integration in East Africa
Investment in the regional electricity trade should enable East African cross-border electricity interconnections to increase from 7 to 9 THE […]
AfDB approves US$20m equity investment to boost infrastructure
THE Board of Directors of the African Development Bank (AfDB) Group, has approved an equity investment of US$ 20 million […]
African Development Bank appoints Richard Kwaku Ofori-Mante Acting Director of the Agricultural Finance and Rural Development Department
Prior to the appointment, Ofori-Mante, a Ghanaian national, was manager of the Agriculture and Rural Finance Division, a position he […]