The African Development Bank (AfDB) on Sunday appointed Aida Ngir Ngom as the new Director of its Private Sector Development…
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European Union carbon tax costs Africa $25 billion
Africa could lose $25 billion per year as new European Union (EU) carbon tax comes into effect, warns African Development…
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Africa told to protect its interest before engaging with outside world
By Andualem Sisay Gessesse – African countries are told to protect their own interest as a continent by properly planning…
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Mauritania’s quest for green hydrogen financing
The Mauritanian government has placed green hydrogen as a strategic development opportunity under efforts to position the country as a…
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Cameroon secures €63 million loan for skills improvement
The Board of Directors of the African Development Bank Group has approved a €63.09 million loan to Cameroon to promote…
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Africa presents opportunities for Asian investors
Africa offers vast investment opportunities for Asian countries with the appropriate incentives for their private sectors, Prof. Kevin Urama, Chief…
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AfDB to make $11 million investment in BluePeak Private Capital Fund
The Board of Directors of the African Development Bank Group has approved an $11 million equity investment in BluePeak Private…
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AfDB to boost electricity, transport infrastructure in Africa
The African Development Bank (AfDB) has committed to supporting East African countries to accelerate structural transformation, reinforce resilience, and create…
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Japan provides $350 million private sector loan to AfDB
The African Development Bank (AfDB) and Japan have signed an exchange of notes for an eighth private sector assistance loan…
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AfDB provided $1 billion to African women entrepreneurs
The African Development Bank’s (AfDB) Affirmative Finance Action for Women in Africa (AFAWA) initiative has reached a landmark $1 billion…
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AfDB to make Africa breadbasket investing $10 billion
The African Development Bank Group, will commit $10 billion over the next five years to boost Africa’s efforts to end…
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Food production in Africa summit to open in Dakar
African heads of state and government together with development partners are set to gather in Dakar, Senegal at the end…
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