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African Development Bank

“Evaluating for greater impact of the Africa 2063 Development Agenda”

September 7, 2018 Geraldine Boechat 0

The Independent Development Evaluation (IDEV) of the African Development Bank opened its biennial Development Evaluation Week on Thursday in Abidjan, Côte d’Ivoire. The two-day event […]

Namibia gets $218 million loan from AfDB

July 20, 2018 Steven Addamah 0

Namibia secured a $218 million loan from the African Development Bank, the second tranche of a quarter billion dollar facility from the Bank. The loan […]

Ethiopia to adopt visa-free policy for all African visitors—PM

May 28, 2018 Steven Addamah 0

Ethiopia will soon allow all Africans to visit the country without visas, according to Prime Minister Abiy Ahmed. The announcement follows Rwanda’s decision allowing Africans […]

African Development Bank debars CHINT Electric for 36 months for fraudulent practices

May 9, 2018 Steven Addamah 0

The African Development Bank Group (AfDB) announced on Monday the conclusion of a settlement agreement with CHINT Electric Co., Ltd., a power transmission and distribution […]

Africa: Swedfund Commits $14.7 million to Evolution II Energy Fund

April 26, 2018 Steven Addamah 0

Swedfund, Sweden’s development finance institution that supports companies in Africa, Asia, Latin America and Eastern Europe, has invested SEK 126m in the Evolution II Fund, […]

AfDB to launch 12 new projects to support SMEs in 6 African countries

March 28, 2018 Khalid Al Mouahidi 0

The African Development Bank (AfDB) will launch twelve new projects to support agribusiness SMEs in 6 African countries, The Bank said in a statement. The […]

Morocco secures $2 billion funding from AfDB

February 6, 2018 Khalid Al Mouahidi 0

The African Development Bank’s (AfDB) vice president, Khaled Sherif, last weekend said Morocco will benefit from a $2 billion financing from the Bank over the […]

Sudan bans importation of additional 19 goods to protect its currency

December 11, 2017 Geraldine Boechat 0

The Sudanese government has imposed temporary ban on selected foods in an effort to protect its currency and narrow its budget deficit, Reuters reports. The […]

Ghana: Kotoka International Airport declared safest airport in Africa

December 4, 2017 Khalid Al Mouahidi 0

The Kotoka International Airport (KIA) in Ghana has been declared the safest airport in Africa after winning the Airports Council International (ACI) Safety Award last […]

Africa’s intra-trade reaches 13% – UNECA

November 9, 2017 Khalid Al Mouahidi 0

Trade among African countries accounts for only 13% of the continent’s overall trade, the United Nations Economic Commission for Africa said on Wednesday. The commission […]

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