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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Kenya secures €101 million to boost electricity access
The Board of Directors of the African Development Bank Group (www.AfDB.org) on Wednesday approved a €101.10 million loan to Kenya…
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AfDB urges Ethiopia to release its ‘illegally arrested’ staff
The African Development Bank (AfDB) urges the Government of Ethiopia to release its two illegally detained staff members.
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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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Marrakech to host major African investment marketplace
The tourist city of Morocco, Marrakech, is set to host the major African investment marketplace, Africa Investment Forum, next month…
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Why Ethiopia’s reliance on Djibouti Port is unsustainable
In this article the contributor argues that Ethiopia’s reliance on Djibouti Port is unsustainable due to “outrageous costs and illegal…
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South Korea calls for Africa’s universal energy access
The 7th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference opened in Korea’s second-largest city, Busan, on Wednesday with a strong call…
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Unlock Africa’s agricultural potential
By Haile Henok – With over 60% of the world’s uncultivated arable land, Africa holds tremendous potential to be a…
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