Tanzania achieves 128% food security, allowing it to ‘feed’ other African states
Tanzania is emerging as a leader in food security in Africa, after it has achieved 128% food self-sufficiency, allowing it to export surplus produce to […]
African Development Bank
The African Development Bank celebrates 60 years of commitment to development and resilience in Africa
On Tuesday in Abidjan, the African Development Bank (AfDB) Group marked its 60th anniversary, celebrating six decades of dedication to Africa’s development, prosperity, and resilience. […]
Cape Verde Bank foresees growth path in the country
Forecasts from the Bank of Cape Verde align with those of other international financial and development institutions, indicating positive economic growth driven by tourism and […]
AfDB Rallies African Leaders on Global Finance Reform
At the African Development Bank’s 2024 Annual Meetings in Nairobi, Kenya, the institution showcased its role as a “Solutions Bank” driving Africa’s transformation agenda through […]
AfDB Chief Urges Revamping African Media to Reshape Continent’s Global Story
The President of the African Development Bank Group, Dr. Akinwumi Adesina, passionately called for more balanced media coverage of Africa’s development, stating it is critical […]
With 33 million dollars, AfBD finances high-voltage connection in Mozambique
The African Development Bank will finance the construction of a 118-kilometer high-voltage electricity transmission line with 33.25 million dollars through a grant, reinforcing the supply […]
Cape Verde will organize Youth Investment Summit in 2024
Cape Verde will organize an investment summit next year, focusing on young people, in partnership with Portugal, Luxembourg, the World Bank, the African Development Bank, […]
Angola plans to invest 16.3 billion euros to electrify half the country by 2027
Angola plans to reach an installed capacity of 8,000 megawatts and an electrification rate of 50% by 2027, which will require an investment of 17.2 […]
African Development Bank to triple financial aid to Sao Tome and Principe
The African Development Bank plans to increase financial aid to São Tomé and Príncipe to more than 55 million euros over the next three years […]
Mozambique: Dividends distributed by Hidroelétrica de Cahora Bassa increase 11.6%
The dividends distributed to shareholders by Hidroeléctrica de Cahora Bassa (HCB) increased 11.6% over the last year, according to figures announced Thursday by the Mozambican […]