Ethiopian Airlines Group has taken a major step toward building what could become Africa’s largest airport by appointing the African Development Bank (AfDB) as the mandated lead arranger to secure …
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said he will continue to push for more capital investments into Africa even after stepping down from his …
The Government of Malawi has received a $3.3 million (about K6 billion) insurance payout from the African Risk Capacity (ARC) to help cushion the impact of the ongoing drought crisis …
The African Development Bank Group (AfDB) has approved a corporate loan of ZAR 2.5 billion (approximately $139 million) to the City of Johannesburg Metropolitan Municipality, making it the first time …
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
Tax experts and policy makers have called on East African countries to fully embrace digital systems in the collection of Value Added Tax (VAT) to improve compliance, close revenue gaps, …
The Government of Tanzania honoured Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), recognising him as “a visionary leader and a tireless son of Africa” who has dedicated …
LAGOS, Nigeria – Stakeholders have stressed the urgent need for massive infrastructure development across Africa to drive sustainable economic growth, job creation, and industrial competitiveness. This position was made known …
The President and Chief Executive Officer of the Regional Maritime Development Bank, Mr. Adeniran Aderogba, has said that Africa’s mining sector is still facing major problems that are stopping it …
Former Mauritanian Minister for Economic Affairs and Finance, Dr. Sidi Ould Tah, has been elected as the ninth president of the African Development Bank Group (AfDB). The announcement was made …