Africa Power Vision to Electrify Continent by 2063
A joint venture called Africa Power Vision (APV) is planning to electrify the African continent with reliable and affordable energy sources by 2063. The development […]
AfDB
Mozambique Ailing Economy Gets Support from AfDB
The African Development Bank (AfDB) on Monday said it will disburse $1.7 billion to assist Mozambique, hard hit by the slump in commodity prices. The […]
AfDB, Zambia Ink $125 million Concessional Loan
The Zambian government on Tuesday announced that it has reached an agreement with the African Development Bank to borrow $125 million on concessional terms for […]
Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]
AfDB launches new energy deal in Davos
The Head of the African Development Bank (AfDB), Akinwumi Adesina, presented a New Deal on Energy for Africa to the World Economic Forum (WEF) in […]
Zambia almost ready to host AfDB’s annual meeting
Zambia is expected to host the African Development Bank (AfDB) annual meeting with the development expected to create an opportunity for the country to showcase […]
Africa loses $148bn to corruption yearly – AfDB Boss
African countries are losing $148 billion every year due to corruption, President of the African Development Bank, Akinwumi Adesina said during the commemoration of International […]
Africa is ‘tired of being in the dark’ AfDB Boss tells Paris COP21 Summit
President of the African Development Bank, Akinwumi Adesina, who pledged to bring electricity to the poorest parts of the continent within a decade, said on […]
Ghana: AfDB to boost agricultural sector with $100m
As part of efforts to help the government of Ghana overcome some of its financial challenges, the African Development Bank (AfDB) said, on Monday, it […]
Africa should achieve full access to power by 2025 – AfDB’s Adesina
The new head of the African Development Bank said on Friday that Africa should push to achieve universal access to electricity within a decade while […]