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African Development Bank

Zambia Secures Strong Investor Support for Landmark $1.36bn Debt-for-Energy Deal

June 11, 2026 Steven Addamah 0

Zambia has received overwhelming backing from bondholders for a pioneering $1.36 billion debt buyback arrangement linked to major upgrades in its electricity infrastructure. The Government […]

Ethiopian Parliament Ratifies Loan Agreements to Strengthen Climate Resilience and Social Safety Nets

June 5, 2026 Steven Addamah 0

In a decisive legislative move underscoring Ethiopia’s development diplomacy and fiscal mobilization strategy, the House of People’s Representatives has approved on Thursday, June 4, new […]

AfDB Meetings in Brazzaville Seen as Potential Turning Point for Africa’s Financing Model

May 26, 2026 Geraldine Boechat 0

The 2026 Annual Meetings of the African Development Bank Group (AfDB) have opened in Brazzaville, Republic of Congo, with expectations high that the gathering could […]

AfDB warns Africa’s growth outlook was already under strain before Iran conflict

March 31, 2026 Geraldine Boechat 0

On 30 March 2026, the African Development Bank (AfDB) reported that risks to Africa’s economic growth were skewed to the downside even before the outbreak […]

AfDB Unveils 2025–2030 Strategy to Support Namibia’s Economic Transformation

March 12, 2026 Steven Addamah 0

The African Development Bank (AfDB) on Wednesday, March 11, launched its Country Strategy Paper for 2025–2030 for Namibia, outlining a range of financing and investment […]

Ethiopia, AfDB Deepen Cooperation to Advance Infrastructure and Economic Reforms

March 5, 2026 Steven Addamah 0

Ethiopia and the African Development Bank (AfDB) have reaffirmed, on March 4, their growing development partnership, pledging stronger collaboration across infrastructure, macroeconomic reforms, energy development […]

African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting

February 13, 2026 Geraldine Boechat 0

Several African Heads of State and Government arrived in Addis Ababa on February 12, 2026, for the 39th Ordinary Session of the Assembly of the […]

AfDB Seeks Donor Backing to Shore Up African Development Fund Amid US Funding Pullback

December 16, 2025 Steven Addamah 0

The African Development Bank (AfDB), on Monday, December 15, opened a donor-pledging conference in London for the replenishment of the African Development Fund (ADF), as […]

African Development Bank Approves €150 Million Credit Line for Moroccan Municipalities

December 12, 2025 Khalid Al Mouahidi 0

The African Development Bank Group’s Board of Directors approved Wednesday in Abidjan a €150 million credit facility for Morocco’s Municipal Equipment Fund (FEC) to finance […]

AfDB Approves Additional Debt Relief to Bolster Somalia’s Economic Recovery

December 6, 2025 Steven Addamah 0

The African Development Bank Group (AfDB) has granted nearly 18 million US dollars in additional debt relief to Somalia, according to an announcement made on […]

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News

  • Drone Strike on Funeral Procession Kills Four in Sudan’s El-Obeid

    June 12, 2026 0
  • US–Nigeria Joint Operations Kill Over 200 Terrorists in Northeast Counter-Insurgency Push

    June 11, 2026 0
  • Morocco Leads Africa in Millionaire Growth with 16.8% Rise in 2025, Capgemini Report Shows

    June 10, 2026 0
  • Morocco grants mining permit to Xtract Resources for antimony project

    June 10, 2026 0
  • Sudan Approves $139m Health Plan to Fight Malaria, TB and HIV

    June 9, 2026 0

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Recent Posts
  • Drone Strike on Funeral Procession Kills Four in Sudan’s El-Obeid
  • Sudan Importers Blame Government Ban for Inflation Surge and Currency Collapse
  • Zambia Secures Strong Investor Support for Landmark $1.36bn Debt-for-Energy Deal
  • South Africa: Mass Shooting in Johannesburg Leaves 12 Dead, Police Launch Manhunt for Armed Gang
  • Economic Reforms Restore Investor Confidence Across Africa, Standard Chartered Says
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