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AfDB

AfDB, AFD strengthen partnership in favor of youth entrepreneurship

October 17, 2024 Pawla Nibramich 0

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

September 11, 2024 Geraldine Boechat 0

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

July 22, 2024 Steven Addamah 0

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

June 3, 2024 Pawla Nibramich 0

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 […]

AfDB Rallies African Leaders on Global Finance Reform

May 31, 2024 Steven Addamah 0

At the African Development Bank’s 2024 Annual Meetings in Nairobi, Kenya, the institution showcased its role as a “Solutions Bank” driving Africa’s transformation agenda through […]

AfDB Chief Urges Revamping African Media to Reshape Continent’s Global Story

May 20, 2024 Steven Addamah 0

The President of the African Development Bank Group, Dr. Akinwumi Adesina, passionately called for more balanced media coverage of Africa’s development, stating it is critical […]

Africa dominates list of world’s 20 Fastly growing economies

March 1, 2024 Khalid Al Mouahidi 0

Eleven African countries will dominate the list of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said. Overall, real gross domestic […]

With 33 million dollars, AfBD finances high-voltage connection in Mozambique

December 6, 2023 Geraldine Boechat 0

The African Development Bank will finance the construction of a 118-kilometer high-voltage electricity transmission line with 33.25 million dollars through a grant, reinforcing the supply […]

Angola plans to invest 16.3 billion euros to electrify half the country by 2027

October 27, 2023 Geraldine Boechat 0

Angola plans to reach an installed capacity of 8,000 megawatts and an electrification rate of 50% by 2027, which will require an investment of 17.2 […]

AfDB approves 20 million dollars for business environment and smart agriculture in Mozambique

September 20, 2023 Khalid Al Mouahidi 0

The African Development Fund, an entity of the African Development Bank (AfDB), has approved funding of 20 million dollars to improve the business environment and […]

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