Most Recent News

A Look at IRIMP and East Africa’s Economic Potential

East Africa is developing and becoming more dependent on itself. Opportunities to promote human development and sustainable economic progress are expanding. At the same time, regionally specific problems have now.

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AfDB supports generalization of social coverage program with $87 million

The African Development Bank Group, AfDB, will lend Morocco €87 million to help the country implement the Support Program for the Generalization of Social Coverage. The primary objective of this.

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AfDB To Set Up Pharmaceutical Hub in Rwanda

Rwanda will host the new African Pharmaceutical Technology Foundation, a venture by the African Development Bank (AfDB) that is expected to boost the continent’s access to technology in manufacturing medicines.

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Stop the War: AFDB President Akinwumi Adesina Pleas to Ukraine and Russia

Akinwumi Adesina, the president of the African Development Bank, AFDB, is concerned about the war’s effects on the African continent. He pointed out to African Leadership Magazine’s Nairobi office during.

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Construction of $15.6bn Abidjan-Lagos highway to benefit 40m West Africans- Fashola

When completed, the construction of the 1,028-kilometre Abidjan-Lagos highway would benefit at least 40 million West Africans, the Minister of Works and Housing, Mr Babatunde Fashola (SAN), said at the.

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AfDB Signs US $70 Million Agreement With Ghana For Solar Electrification

The African Development Bank (AfDB) has signed a financing agreement with the government of Ghana for the implementation of a rural electrification project using stand-alone solar systems worth $70 million..

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We’re developing investment banks for youth-owned businesses — AfDB

African Development Bank (AfDB) says it is designing financial institutions that will invest in businesses owned by youths. Akinwumi Adesina, President, AfDB, said this on Friday at the end of.

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Africa risks stagflation due to pandemic, Ukraine war – AfDB

Africa risks sliding into stagflation – a cycle of slow growth and high inflation – as it battles the lingering effects of the pandemic and rising fuel and food prices.

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Why I will not run for Nigerian presidency – Adesina

The African Development Bank (AfDB) president has turned down calls to contest the upcoming Nigerian elections, arguing that his hands are full. On Tuesday, Dr Akinwumi Adesina said he was.

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Africa unveils new platform to cushion countries from Ukraine crisis shocks

African countries will be able to jointly procure essential commodities, whose supply has been affected by the Ukraine crisis, following the African Trade Exchange (ATEX) launch, a platform created to.

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