African economies remain resilient, despite challenges that are testing economies worldwide with of the economies set to experience stronger growth,…
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African Development Bank outlines 2023 Dakar 2 Summit
Since the Dakar 2 Summit, six African countries have set up Presidential-level Councils to drive implementation of the Country Food…
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Congo Brazzaville set to realize digital sovereignty
Jolting hammer blows, the sounds of iron bars under a workman’s blowtorch, the odor of fresh cement: at the foot…
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African Development Bank chief calls for balanced media coverage of Africa
The President of the African Development Bank Group, Dr Akinwumi Adesina, delivered an impassioned plea for more balanced media coverage…
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Africa’s $824 billion debt burden hinders its economic potential
Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth,…
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Partnership to connect 300 million to electricity by 2030
The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300…
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AfDB inaugurates regional office building in Cameroon
The African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon in a move that reaffirms…
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African Development Bank conducts agribusiness meeting In Nairobi
The African Development Bank concluded a three-day workshop in Nairobi, Kenya, aimed at enhancing its Empowering Novel Agri-Business-Led Employment (ENABLE)…
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African Development Bank to boost fertilizer production in Nigeria
The African Development Bank (AfDB) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited…
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EC, African Development Bank unlock funding for infrastructure
On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised…
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AfDB appointed new private sector development department head
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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Uganda secures $253 million funding for road construction
The Board of Directors of the African Development Bank (AfDB) Group approved a loan of $252.83 million to Uganda, to…
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Africa has no excuse to remain poor, AfDB
With $6.2 trillion worth of natural resources, 65 percent of the world’s uncultivated arable land, and a vibrant youth population,…
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