AfDB releases $750 million loan to support Namibia
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 […]
African Development Bank
AfDB questions Africa’s annual $35bn food importation
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
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 […]
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 […]
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 […]