Zimbabwe introduces new “bond notes” currency
Zimbabwe central bank on Monday launched a “bond notes” currency in a last-ditch bid to inject desperately needed cash into its failing economy. The southern […]
African Development Bank
Cameroon inks deal to extend optic fiber network
Cameroon’s state-owned telecoms provider Camtel on Monday, signed a finance arrangement with U.S. lender William F Clark & Co. LLP to extend the central African […]
Africa Power Vision to Electrify Continent by 2063
A joint venture called Africa Power Vision (APV) is planning to electrify the African continent with reliable and affordable energy sources by 2063. The development […]
Zimbabwe: $10bn Compensation for Evicted White Farmers Considered
Zimbabwe’s Finance Minister on Friday said the government plans to compensate white farmers for land seized and has begun evaluating the properties. Farmers may be […]
AfDB launches new energy deal in Davos
The Head of the African Development Bank (AfDB), Akinwumi Adesina, presented a New Deal on Energy for Africa to the World Economic Forum (WEF) in […]
Zambia almost ready to host AfDB’s annual meeting
Zambia is expected to host the African Development Bank (AfDB) annual meeting with the development expected to create an opportunity for the country to showcase […]
Africa loses $148bn to corruption yearly – AfDB Boss
African countries are losing $148 billion every year due to corruption, President of the African Development Bank, Akinwumi Adesina said during the commemoration of International […]
Africa is ‘tired of being in the dark’ AfDB Boss tells Paris COP21 Summit
President of the African Development Bank, Akinwumi Adesina, who pledged to bring electricity to the poorest parts of the continent within a decade, said on […]
Ghana: AfDB to boost agricultural sector with $100m
As part of efforts to help the government of Ghana overcome some of its financial challenges, the African Development Bank (AfDB) said, on Monday, it […]
Africa should achieve full access to power by 2025 – AfDB’s Adesina
The new head of the African Development Bank said on Friday that Africa should push to achieve universal access to electricity within a decade while […]