AfDB Unveils 2025–2030 Strategy to Support Namibia’s Economic Transformation
The African Development Bank (AfDB) on Wednesday, March 11, launched its Country Strategy Paper for 2025–2030 for Namibia, outlining a range of financing and investment […]
AfDB
Ethiopia, AfDB Deepen Cooperation to Advance Infrastructure and Economic Reforms
Ethiopia and the African Development Bank (AfDB) have reaffirmed, on March 4, their growing development partnership, pledging stronger collaboration across infrastructure, macroeconomic reforms, energy development […]
AfDB Seeks Donor Backing to Shore Up African Development Fund Amid US Funding Pullback
The African Development Bank (AfDB), on Monday, December 15, opened a donor-pledging conference in London for the replenishment of the African Development Fund (ADF), as […]
AfDB Approves Additional Debt Relief to Bolster Somalia’s Economic Recovery
The African Development Bank Group (AfDB) has granted nearly 18 million US dollars in additional debt relief to Somalia, according to an announcement made on […]
New AfDB President Sidi Ould Tah Calls for Paradigm Shift to Tackle Africa’s Challenges
Mauritanian economist Sidi Ould Tah officially assumed office on 1 September 2025 as the ninth president of the African Development Bank (AfDB), pledging to build […]
AfDB Commits $500m to Propel Ethiopia’s $10bn Mega-Airport Project
The African Development Bank (AfDB) has pledged a $500 million loan towards Ethiopia’s new $10 billion international airport in Bishoftu, southeast of Addis Ababa. The […]
AfDB approves $139 million loan for Johannesburg Modernization
The African Development Bank approved a landmark $139 million loan to Johannesburg Tuesday, marking the institution’s first direct lending to a municipal entity as South […]
AfDB wins top infrastructure award for Africa’s largest wind power project in Egypt
The African Development Bank (AfDB) has won the prestigious “Infrastructure Deal of the Year” award at the 2025 African Banker Awards for its leading role […]
Power Dynamics Shape African Development Bank Presidential Race
The African Development Bank’s presidential election on May 29 promises intense competition as five candidates vie for control of the continent’s premier financial institution, with […]
African Development Bank Achieves Historic Capital Growth Under Adesina’s Leadership
The African Development Bank (AfDB) has accomplished an unprecedented capital increase over the past decade, growing from $93 billion in 2015 to $318 billion today, […]