AfDB Grants €264 million to Morocco to help fight Covid 19
To support the “Covid-19 response support program” launched by Moroco, the Board of Directors of the African Development Bank (AfDB) has decided to grant €264 […]
AfDB
Akinwumi Adesina’s accusers Call for Independent Investigation
While an internal investigation has just cleared the African Development Bank (AfDB) President of accusations of prevarication and favoritism made against him, his accusers are […]
AfDB President Washed of All Charges of Bad Governance
The president of the African Development Bank (AfDB), Akinwumi Adesina, who has been targeted for several months on accusations of favoritism, has just been whitewashed […]
Africa’s economy to grow despite external shocks – AfDB
Africa’s economic growth is forecast to rise to about 4% this year and next year from 3.4% in 2019, driven by infrastructure investments and natural […]
Tanzania gets AfDB’s $55 million facility to jumpstart private sector-led economic growth
The African Development Bank has approved a $55 million facility to strengthen implementation of reforms to enhance Tanzania’s economic competitiveness and private sector participation in […]
ECOWAS endorses Adesina for second term as President of the AfDB
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the […]
AfDB approves $204 mln for Morocco’s Social Protection Program
The African Development Bank (AfDB) has approved funding of $204 million to improve social protection in Morocco, the international lender said in a statement. According […]
AfDB approves financial package for Ethiopia-Djibouti road corridor
The African Development Bank (AfDB) has approved a financial package worth over $100 million for the construction of a road transport corridor between Ethiopia and […]
AfDB okays $8 million loans to Kenyan SMEs
In Kenya, local financial institution, Credit Bank, has received about $8 million from the African development bank (AfDB) to support lending to small and medium-sized […]
Afdb approves €12.5 million investment in Adiwale Fund 1 targeting Francophone West Africa
The Board of the African Development Bank has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high […]