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African Development Bank

African Development Bank’s New Refinancing Facility Set to Support Struggling Nations

January 30, 2025 Steven Addamah 0

The African Development Bank (AfDB) is poised to launch a regional refinancing facility aimed at assisting African nations burdened with maturing international bonds, according to […]

Tanzania achieves 128% food security, allowing it to ‘feed’ other African states

November 7, 2024 Steven Addamah 0

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 […]

The African Development Bank celebrates 60 years of commitment to development and resilience in Africa

September 11, 2024 Geraldine Boechat 0

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

September 11, 2024 Geraldine Boechat 0

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

May 31, 2024 Steven Addamah 0

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

May 20, 2024 Steven Addamah 0

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

December 6, 2023 Geraldine Boechat 0

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

December 5, 2023 Geraldine Boechat 0

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

October 27, 2023 Geraldine Boechat 0

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

July 5, 2023 Geraldine Boechat 0

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 […]

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  • South Africa Says It Will Not Rally Nations to Boycott 2026 G20 Summit in Miami
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  • US Brokered “Washington Accord” Sees DRC and Rwanda Commit to Ceasefire and Mineral Access
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