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AfDB

Morocco secures $2 billion funding from AfDB

February 6, 2018 Khalid Al Mouahidi 0

The African Development Bank’s (AfDB) vice president, Khaled Sherif, last weekend said Morocco will benefit from a $2 billion financing from the Bank over the […]

African heads of State, CEOs seek partnerships at WEF

January 24, 2018 Geraldine Boechat 0

African CEOs, policymakers and heads of state have joined the global business leaders at the World Economic Forum in Davos, Switzerland, as the continent seeks […]

AfDB injects $107 billion in Burkina-Niger road project

November 28, 2017 Khalid Al Mouahidi 0

The African Development Bank (AfDB) will release about $107 million to finance the construction and rehabilitation of a 218 km road connecting Burkina Faso to […]

African Development Bank outlook stable – Fitch Affirms

August 9, 2017 Khalid Al Mouahidi 0

Fitch Ratings has confirmed the African Development Bank’s (AfDB’s) Issuer Default Rating (IDR) rating, keeping it at “AAA” with a stable outlook. AfDB enjoys strong […]

AfDB’s boss, Dr Akinwumi Adesina named 2017 World Food Prize Laureate

June 29, 2017 Khalid Al Mouahidi 0

Dr. Akinwumi Ayodeji Adesina, the President of the African Development Bank (AfDB), has been named the 2017 World Food Prize Laureate. Dr. Adesina, whose name […]

AfDB releases $750 million loan to support Namibia

May 12, 2017 Steven Addamah 0

African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]

5th Africa CEO Forum in Geneva next week

March 15, 2017 Khalid Al Mouahidi 0

Geneva will be hosting this March 20-21 the 5th edition of the Africa CEO Forum, whose purpose is to support the development of African enterprises […]

Zimbabwe Misses 2016 Revenue Target

January 19, 2017 Steven Addamah 0

Zimbabwe’s tax agency ZIMRA on Thursday said it missed the 2016 revenue target by 4 percent as weak global commodity prices hit mineral royalties in […]

Fisheries, a Lever for Growth in Africa

November 14, 2016 Pawla Nibramich 0

Participants at a high level side event in the Moroccan COP22 pavilion highlighted the potential of the maritime sector and fisheries in particular in boosting […]

Algeria: AfDB Approves €900 Million Loan to Enhance Industrial Competitiveness

November 4, 2016 Pawla Nibramich 0

Algiers Wednesday saw its SOS message to the African Development Bank (afDB) heeded as the continental financial institution agreed to release €900 million to support […]

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