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Concluding a five-day visit to Kenya the Vice President of the International Fund for Agricultural Development (IFAD), Cornelia Richter stresses the need for innovations for rural transformation in Africa.
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a $10 million subordinated loan to I&M Bank (Rwanda) to strengthen the bank’s capital base.
A model water supply, sanitation and waste management system is inaugurated today in Wukro town, Tigray Region of Ethiopia.
The African Development Bank (AfDB) disbursements reached $7.81 billion in 2017, a 15 percent increase over 2016 and the highest on record for the Bank.
Aysha Ibrahim is a mother of ten children who lives in Darolebu district, an area located in eastern Ethiopia, where ethnic Oromos and Somalis live alongside one another. The 42-year-old is among…
The Korean government announced increasing its bilateral financial assistance package for Africa to $5 billion until the year 2020.
The United States returns to the first spot of IMD’s most competitive economies in the world, followed by Hong Kong, Singapore, the Netherlands and Switzerland.
Focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi) a high-level forum took place in Busan, Korea.
Digital trade within the context of the African Continental Free Trade Area (AfCFTA) will be at the center of discussions during an upcoming conference in Addis Ababa, Ethiopia.
The African Development Bank, which begins its annual meetings this morning in Busan, Korea advises African countries to diversify their energy sources in order to sustain their industrialization efforts.
By Andualem Sisay Gessesse – Busan, South Korea – Korea, which managed to become the world’s high-tech industries hub in a few decades, recommends strategies that enables Africa to fast-track its industrialization…
With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development Organization (UNIDO) and the African Development Bank (AfDB) signed partnership agreement.
The United States and South Korea signed a partnership agreement to expand the Power Africa program the former has been implementing I the power hungry continent.
Industrial development and value addition in the manufacturing sector in Africa has declined over the last eight years costing the continent $72 billion.