The Government of South Sudan today welcomed a contribution of $43.57 million from the African Development Bank for the implementation…
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Cooperation key in the face of globalization backlash
The international political climate may be turning against globalization and threatening economic growth, but there is still a chance to…
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African Development Bank, African Trade Insurance Agency, UK reinsurers launch credit insurance deal
The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announce the successful completion of a $500 million credit…
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First private ambulance service in Ethiopia celebrates 10th anniversary
TEBITA Ambulance, the first private ambulance and emergency service provider of its kind in Ethiopia, celebrates its 10th anniversary.
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Amnesty International urges Ethiopia to release human rights defender
Amnesty International urges the Ethiopian authorities to immediately and unconditionally release a human rights defender and his friend who were…
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Ethiopia to relieve congestion in the Port of Djibouti
A new accord is signed between Ethiopian Maritime Affairs Authority (EMAA) and World Food Programme to relieve congestion in the…
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Women owned enterprises in Nigeria secure $50 million
The African Development Bank has approved a $50 million line of credit to Nigeria’s Fidelity Bank Plc to support small…
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Africa endorses continental report on population, development
Ministers and senior government officials-in-charge of population in Africa met in Accra, Ghana, recently and endorsed a continental report of…
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Global foreign direct investment fell by 41% in 2018
Global foreign direct investment (FDI) fell by 41% in the first half of 2018, to an estimated $470 billion from…
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African Development Bank, Room2Run securitization model for global lenders
Room2Run, the African Development Bank and partners’ innovative $1 billion synthetic securitization of a portfolio of seasoned African Development Bank…
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Innovative finance, new technology connect underserved populations
New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and…
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Eastern Africa gets strategy to accelerate economic transformation
The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap for accelerating…
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