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African Development Bank

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 […]

AfDB releases $750 million loan to support Namibia

May 12, 2017 Steven Addamah 0

African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]

AfDB questions Africa’s annual $35bn food importation

April 21, 2017 Geraldine Boechat 0

African Development Bank’s president, Akinwumi Adesina on Thursday lamented the negative effects that huge food imports had on the African continent. Speaking at the Center […]

Zimbabwe Misses 2016 Revenue Target

January 19, 2017 Steven Addamah 0

Zimbabwe’s tax agency ZIMRA on Thursday said it missed the 2016 revenue target by 4 percent as weak global commodity prices hit mineral royalties in […]

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  • Washington Conditions MINURSO Renewal on Autonomy Plan, Signalling a Watershed Moment for Sahara
  • S. Africa’s Malema Sentenced in Gun Case, Vows to Challenge Ruling
  • Wadagni Secures Landslide Victory in Benin Presidential Poll
  • Zimbabwe: At Least 18 Killed in Minibus Fire on Key Highway
  • Morocco’s OCP Makes African Financial History With $1.5 Billion Hybrid Bond, First of Its Kind on the Continent
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