AfDB Flags Global Trade Turbulence as Key Risk to Africa’s Economic Momentum
The African Development Bank (AfDB) has sounded the alarm on the rising geopolitical and trade tensions impacting the continent’s economic trajectory, as it trimmed its […]
AfDB
AfDB President Hails Morocco’s Progress under Leadership of King Mohammed VI
The outgoing president of the African Development Bank (AfDB), Akinwumi Adesina, praised on Monday Morocco’s strides under the leadership of King Mohammed VI. “Thanks to […]
Ethiopia to Build New $7.8 Billion Airport Near Addis Ababa
Ethiopia is set to construct a new international airport near its capital, Addis Ababa, with an estimated cost of $7.8 billion. The airport will be […]
African Development Bank’s New Refinancing Facility Set to Support Struggling Nations
The African Development Bank (AfDB) is poised to launch a regional refinancing facility aimed at assisting African nations burdened with maturing international bonds, according to […]
Morocco Calls for Collective Action for Sustainable Development Financing in Africa
Africa needs more collective efforts to enhance sustainable development financing, unlock the continent’s growth potential, and reach development goals, Moroccan finance minister Nadia Fattah said. […]
Tanzania achieves 128% food security, allowing it to ‘feed’ other African states
Tanzania is emerging as a leader in food security in Africa, after it has achieved 128% food self-sufficiency, allowing it to export surplus produce to […]
AfDB, AFD strengthen partnership in favor of youth entrepreneurship
The African Development Bank (AfDB) and the French Development Agency (AFD) have strengthened their partnership to support young entrepreneurs in Africa. AfDB President Akinwumi Adesina […]
The African Development Bank celebrates 60 years of commitment to development and resilience in Africa
On Tuesday in Abidjan, the African Development Bank (AfDB) Group marked its 60th anniversary, celebrating six decades of dedication to Africa’s development, prosperity, and resilience. […]
AfDB grants $260 million loan to strengthen agricultural sector in DRC
The Board of Directors of the African Development Bank Group approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help […]
AfDB’s economic outlook: Africa’s resilient economies set for stronger growth in 2024
African economies remain resilient and its growth potential in 2024 is “remarkable,” despite challenges that are testing the global economy, says the latest African Development […]