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AfDB

Ecobank Gets $310 mln Loan from AfDB

October 11, 2016 Geraldine Boechat 0

The African Development Bank (AFDB) has approved a $310 million trade finance loan for Ecobank Transnational incorporated, parent company of the Ecobank Group, Africanews reported […]

Nigeria is Africa’s Biggest Economy – AfDB Boss

September 27, 2016 Khalid Al Mouahidi 0

The president of the African Development Bank Group (AfDB), Akinwumi Adesina said Monday during an official visit in Abuja that Nigeria is still Africa’s largest […]

AfDB to Support El Nino-Hit Countries

May 25, 2016 Khalid Al Mouahidi 0

The president of the African Development Bank (AfDB) Akinwumi Adesina on Tuesday called for action to support African countries affected by drought and climate change […]

Africa Power Vision to Electrify Continent by 2063

April 23, 2016 Steven Addamah 0

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 […]

Mozambique Ailing Economy Gets Support from AfDB

April 5, 2016 Khalid Al Mouahidi 0

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

March 30, 2016 Khalid Al Mouahidi 0

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

February 3, 2016 Khalid Al Mouahidi 0

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

January 22, 2016 Khalid Al Mouahidi 0

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

January 16, 2016 Khalid Al Mouahidi 0

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

December 14, 2015 Steven Addamah 0

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 […]

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  • WFP Scales Up Emergency Aid as Violence Drives Mass Displacement in Northern Mozambique
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