Algeria: AfDB Approves €900 Million Loan to Enhance Industrial Competitiveness
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 […]
AfDB
Ecobank Gets $310 mln Loan from AfDB
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
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
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
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
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 […]