By Jastine Martine The true measure of a continent’s economic potential lies not in what it has built, but in what it enables. Africa stands at...
By Ziad Hamoui Last month, in a quiet but consequential gathering in Abuja, Nigeria, ministers from Nigeria, Benin, and Cameroon didn’t just sign another memorandum of...
By Danilo Desiderio Trade finance is often described as the “silent engine” of Africa’s economic growth, yet its full potential remains largely untapped. Strengthening access to...
By Mary Alorh As the African Development Bank (AfDB) charts a bold course for the continent under its Ten-Year Strategy (2024–2033), one theme stands out: integration....
By Edson Mpyisi This week, the Mobilizing Access to the Digital Economy (MADE) Alliance Africa hosted a pivotal side meeting during the African Development Bank’s Scaling...
By Danilo Desiderio A report by the Africa Europe Foundation, titled “The Missing Connection: Unlocking Sustainable Infrastructure Financing in Africa,” highlights Africa’s infrastructure challenges and explores...
The African Development Bank (AfDB) has officially announced five candidates for its highly anticipated presidential election, set to take place on May 29, 2025. Competing for...
The contest to lead the African Development Bank (AfDB) is gaining momentum as candidates from Zambia, Senegal, and Mauritania pledge to accelerate Africa’s development. Zambia’s Samuel...
Ethio Telecom has partnered with the African Development Bank (AfDB) to advance Ethiopia’s digital economy and broaden internet access across Africa. This collaboration aligns with a...
On September 21st, we marked the 115th anniversary of the birth of Kwame Nkrumah – a visionary whose influence remains deeply embedded in Africa’s modern history....
By Mary Alorh The founding leaders of modern African nations had a clear vision for Africa’s development. Figures like Jomo Kenyatta and Sekou Touré prioritized infrastructure...
By Marie-Laure Akin-Olugbade Africa’s women entrepreneurs face a significant challenge: a staggering US$42 billion financing gap, despite their substantial contributions to our economies. In Nigeria, about...
By Adam Amoussou Africa has the potential to become the world’s powerhouse in the coming years. The continent is undergoing unprecedented changes, with the implementation of...
Reuters | Africa’s economic growth is set to accelerate to 3.7 percent this year and 4.3 percent next from 3.1 percent in 2023, African Development Bank...
In the upcoming year, the African Development Bank (AfDB) will undergo the process of electing its next president, with the current officeholder, Akinwumi Adesina, nearing the...
Press Release | Africa’s economies continue to grow faster than the global average of 3 percent demonstrating resilience against several challenges including climate change, geopolitical tensions,...
Reuters | The African Development Bank (AfDB) has approved over US$696 million in financing for a rail project to link Tanzania, Burundi and the Democratic Republic...
By Victor Oluwole The Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ), a groundbreaking project aimed at mobilizing...
Reuters | Africa’s economic growth is set to edge upwards in 2023 and 2024 amid tighter global monetary policy and the fallout from Russia’s invasion of...
In the inaugural release of a report dubbed ‘Africa’s Macroeconomic Performance and Outlook’ released on January 19, the African Development Bank (AfDB) Group reported that “growth...
Press Release | African Development Bank (AfDB) Group President Akinwumi Adesina is pleased to announce the appointment of Hassatou Diop N’Sele, as Acting Vice-President for Finance...
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...
Reuters | Africa must wean itself off dependence on food and medicine imports, the president of the African Development Bank (AfDB) said, as the institution approved...
Other strong performers include East African neighbors, Kenya and Tanzania, as well as Namibia and Egypt.
Citizens cannot be forced to wait in order to have reliable energy and live modern, dignified lives
There is a need to inspire, empower and motivate young people to innovate in different segments of agricultural activity.
The African Development Bank has given out funds to construct a regional biomedical center of excellence and to train teachers. The loan agreements were signed yesterday...
Madagascar is emerging from a political crisis that saw the Southern African economy contracting since 2009. The country’s main focus under the new presidency is rejuvenating...
The African Development Bank Group (AfDB) has earmarked $35 million for a road rehabilitation project in Senegal which will also create jobs for the country’s youth...
Several agriculture projects in Tanzania have been awarded grants worth almost 650,000 US dollars by the Agriculture Fast Track Fund (AFT). “The AFT has granted two...
The World Bank will offer $1 billion in financing to help Angola rebuild infrastructure and develop its agriculture, an official at the Washington-based lender said on...
The African Development Bank is considering three ways it could help Zimbabwe clear its huge debts. The bank also says it will settle on a rescue...
Africa has been resilient to regional and global headwinds, the African Development Bank noted in its African Economic Outlook (AEO) report. In comparison to global trends,...
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African...
Although the crucial financial importance of money sent to African countries has long been documented, detailed research into the scale of remittances is lacking. Despite the...
The African Development Bank has said that African economies have sustained unprecedented rates of growth. The African Development Bank’s Tracking Africa’s Progress in Figures publication released...
While African governments and development partners are investing more in roads and rails infrastructure much more needs to be done for any meaningful socioeconomic impact to...
Africa’s economy is growing faster than any other continent, according to the African Development Bank. A new report from the African Development Bank said one-third of...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian After years of headlines about Africa’s poverty, its emerging middle class is now grabbing attention as...
By Kate Douglas Infrastructure development in Kenya: Nairobi-Thika -Road. PHOTO/File “This growing infrastructure demand presents a critical challenge for Africa as the continent seeks to compete...
(Reuters) – Some European banks are now refusing to lend to firms trading with Africa, threatening growth on the African continent, a senior official of the...
