More: AfDB
Africa Forward Summit Backs New Financial Architecture & Guarantee to Unlock Jobs & Investment
The African Development Bank Group secured major political momentum for the New African Financial Architecture for Development (NAFAD) at the Africa Forward Summit, as...
ECOWAS Commission Extends Regional Integration Strategy Until 2027
After an extensive high-level consultation, the Economic Community of West African States (ECOWAS Commission) and the African Development Bank (AfDB) have agreed to extend...
African Development Bank to finance $500 million of Ethiopia’s new airport
ADDIS ABABA, Aug 11 (Reuters) - The African Development Bank will contribute $500 million towards the financing of a new airport in Ethiopia -...
AfDB and Rwanda Agreement to Support Green and Social Initiatives
The African Development Bank and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda's mobilisation of financing for green...
Ghana’s New Ship Repair Dock Project Funding Sealed
A consortium, including the African Development Bank, has signed an agreement to extend $94 million in senior debt funding to PMD Assetco Limited (PMD)...
AfDB: Africa’s 2023 economic growth at 3.1
Africa's average economic growth in 2023 fell to an estimated 3.1 percent, down from 4.1 percent of the previous year, as successive shocks weakened...
AfDB’s Adesina highlights Africa as the world’s best investment destination
Africa's abundant human, land, and mineral resources, along with its thriving cross-border trade, position it as the most promising investment destination globally, both presently...
AfDB, leaders commit to catalyse investment in cities as engines of the continent’s economic growth
African Development Bank President Akinwumi Adesina on Thursday pledged greater commitment to the development of cities and stressed the need for increased investment and...
AIIB, AfDB Guarantee Africa’s First Sustainable Panda Bond
The Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) have provided guarantees to support the issuance of Egypt’s first Sustainable Panda...
AfDB Expands Grants Program for Sahel Women-led Businesses
The African Development Bank (AfDB), through its Gender Equality Trust Fund, has announced an additional $950,000 grant to support the Africa Small and Medium...