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African Development Bank

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 […]

Four African countries to join Fisheries Transparency Initiative

November 7, 2017 Geraldine Boechat 0

The African Development Bank (AfDB) has announced that Mauritania, Senegal, Seychelles and Guinea have applied to join the Fisheries Transparency Initiative (FiTI), to promote more […]

African Development Bank outlook stable – Fitch Affirms

August 9, 2017 Khalid Al Mouahidi 0

Fitch Ratings has confirmed the African Development Bank’s (AfDB’s) Issuer Default Rating (IDR) rating, keeping it at “AAA” with a stable outlook. AfDB enjoys strong […]

Ghana: Cocoa Board debt reaches $2.2 billion

June 12, 2017 Khalid Al Mouahidi 0

Ghana’s cocoa board this weekend said it has accumulated $2.2 billion in debt after the nation missed its production target in the previous season. The […]

Gabon: Government to create 30,000 jobs by 2019

May 30, 2017 Khalid Al Mouahidi 0

Gabonese authorities on Monday unveiled plan to create about 30,000 jobs in various fields over the period 2017-2019 under the Economic Recovery Plan (ERP), local […]

Africa’s economy to grow by 3.4 % in 2017 – Report

May 23, 2017 Geraldine Boechat 0

Africa’s economy will grow by 3.4 percent in 2017, and 4.3 percent in 2018. The modest recovery from the worst performance in more than two […]

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