By Charles F.V. Chitekwe In a move that deserves far more global attention than it has received, Rwanda has eliminated visa fees for citizens of all...
By Apollo Buregyeya As the world marks World Engineering Day for Sustainable Development on March 4, 2026, Africa finds itself at a defining crossroads. The global...
By Kelly Mua Kingsly When Saudi Arabia threw open the doors of the Tadawul – the kingdom’s US$3 trillion stock exchange – to all foreign investors...
By John Kourkoutas Western companies are losing billions waiting for African roads to look European – while competitors profit on the infrastructure that already exists. The...
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 Jastine Martine African businesses moved US$205 billion in cryptocurrency transactions last year. The figure is staggering, but the reason behind it is simple: waiting 45...
By Dr. Princess C. Mutisya If you only skimmed the headlines this week, you might conclude that Africa’s story is defined by a single thread: diplomatic...
By Wavinya Makai For decades, Africa’s development narrative has been drafted in foreign ministries and multilateral boardrooms. The plot hinges on foreign direct investment, concessional loans,...
By Victory Azimih For much of the past half-century, analysts speculated about when Africa would “rise.” That question is now obsolete. The real issue is how...
By Farhia Noor Africa is not poor. Africa is being systematically robbed – and one of the most insidious instruments of this extraction is foreign-led consultancy....
By Kelly Mua Kingsly Across Africa, headlines trumpet fiscal recovery: Debt-to-GDP ratios are declining. Nigeria, Kenya, Ghana, and Cameroon are all showing signs of stabilization. Commodity...
By Edson Mpyisi Africa is not waiting for its future – it is living it. As Coordinator of the Enable Youth Program at the African Development...
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 Ziad Hamoui When history looks back on the defining infrastructure projects of 21st-century Africa, the Abidjan-Lagos Corridor will stand out – not as just another...
By Davida Ademuyiwa Africa is often called the continent of the future. But futures aren’t built on slogans – they are built on steel, silicon, and...
By Des H Rikhotso East Africa is solidifying its position as one of the most dynamic and resilient economic regions on the African continent, outpacing peers...
By Danilo Desiderio In 1748, the French philosopher Montesquieu made a prescient observation in The Spirit of Laws: “Peace is the natural effect of trade.” More...
By Des H Rikhotso Stretching over 4,000 kilometers (2,485 miles) along the vibrant Atlantic coastline of West Africa, the Trans-West African Coastal Highway (TAH 7) is...
By Danilo Desiderio The 11th edition of the Assessing Regional Integration in Africa (ARIA XI) report – jointly published by the United Nations Economic Commission for...
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 Emmanuel Musaazi The African Diaspora is people of African descent who live outside the African continent due to historical and contemporary migration. This includes descendants...
By Gregory Simpkins The destruction of the U.S. Agency for International Development (USAID) is just about complete. Even Prosper Africa, administered by the agency and created...
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...
By Danilo Desiderio On February 7, 2025, the Southern African Development Community (SADC) officially presented a Time Release Study (TRS) analyzing the primary trade barriers along...
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...
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...
Bloomberg | A credit ratings company being established to meet the unique needs of Africa’s sovereign borrowers is set to be ready by next year, an...
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 needs quicker debt restructurings, more favorable lending terms and some $25 billion for the Africa Development Fund to avoid a lost decade, the...
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...
By Ryan Elcock With today’s global economy and geopolitical landscape, marked by shifting power dynamics, there is a need for economic certainty and resilience. Although the...
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 Gregory Simpkins In my time in and out of the U.S. government, I have seen and heard much about the value of women entrepreneurs. Years...
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...
By Gregory Simpkins When the Marvel Studios film Black Panther hit theaters in 2018, it created a couple of sensations. The first, of course, was that...
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...
How real are these debt crisis claims? Is Ghana really in a debt crisis?
By investing in women, the fund hopes to unlock the potential of women-led businesses in Africa, and, ultimately, the economic transformation of their countries.
The Board of Directors of the African Development Bank Group has approved a US$1.5 million grant to assess policy gaps in the digital trade and e-commerce...
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.
African Economic Outlook: Real GDP projected to grow 3.4% in 2021
Nigeria’s former Minister of Agriculture, Akinwumi Adesina, was late last week elected to become the new president of the African Development Bank (AfDB). Adesina, 55, will...
The next president of the African Development Bank will take over an institution entering a much tougher economic environment than the one outgoing president Donald Kaberuka...
Africa is experiencing a never-before-seen economic and political transformation. Five of the world’s 10 fastest-growing economies are located here. While there are many reasons to celebrate...
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...
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...
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 stepping up plans to finance power and rail projects as China boosts lending on the continent by half. The Tunis-based lender is...
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...
The African Development Bank (AfDB) has approved a 1 billion dollar loan for Angola to help develop its war-ravaged electricity network. The loan will also...
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...
Africa’s development finance institution (DFI) sector has been a promoter of financial aid to address African credit market failure. “They’ve been playing a significant role in...
African Development Bank plans to launch a $3 billion infrastructure fund to raise money to deliver on vital infrastructure on the continent. The money will be...
African Development Bank Group (AfDB) approved a new Country Strategy Paper, designed to support Cape Verde in its efforts to lay the foundations for more inclusive...
When South Africa successfully gave businesses incentive to manufacture solar panels, other African countries were watching. Solar panel manufactures have since popped up in Mozambique, Ghana,...
After the World Bank, it was now the African Development Bank’s turn to sit down at the table with the government to analyze the bank’s strategy...
The African Development Bank will give Kenya $930 million to help boost the country’s employment and economic plan. According to Gabriel Negatu, regional director for AfDB’s...
A special interview by The Africa Report: Sixteen months into her mandate, Dlamini-Zuma, Head of the African Union, is encouraged by consultations on the future and...
African Development Bank President Donald Kaberuka. PHOTO/File African Development Bank President Donald Kaberuka was last week named African of the year by Africa’s media in recognition...
By Carlos Lopes Africa’s political economy is deeply ingrained with its history of the exploitation and (mis)-management of its mineral and natural resources. More than 500...
Ozwald Boateng – Co-founder of Made In Africa Foundation. PHOTO/BBC Made In Africa Foundation Co-Founder Ozwald Boateng And African Development Bank Launch Africa50 Fund to financing...
Image/Courtesy African Development Bank The African Development Bank in working to raise US$100 billion to finance bankable infrastructure projects across the continent, a senior bank official...
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...
(Reuters) – Developed world mining and energy companies operating in Africa should pay more taxes to help parts the continent climb out of poverty much faster,...
(Reuters) – The African Development Bank said on Thursday the fund it intends to create to finance infrastructure investment on the continent could be as big...
East African Community partner states are looking into the possibilities of raising more money from international capital markets and in turn reduce donor dependency. The plan...
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...
The African Development Bank revealed that it has developed a 10-year plan and strategy that would focus on the economic transformation of the African continent. In...
Africa is rising not only on the growth charts of economists. The continent that was a byword for poverty, chaos and bloodshed only a few decades...
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...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian By Fred Ojambo Africa’s middle class is growing at a faster rate than that of its...
The government of Australia said Tuesday it will pursue membership of the African Development Bank as it seeks to bolster ties with the rapidly emerging continent....
African Development Bank President Donald Kaberuka. PHOTO/File (Reuters) – The head of the African Development Bank (AfDB) said on Sunday he is willing to provide US$45...
Botswana’s big idea for diversification of the largely mineral-dependent economy is the establishment of a world-class financial services hub in the capital city, Gaborone, to develop...
Six of the world’s fastest growing economies are in sub-Saharan Africa, among them Uganda and Ethiopia, according to UK-based economic experts Ernst & Young. According to...
(The Africa Report) – The biggest cement factory in Ethiopia, worth US$600 million was inaugurated on Sunday, at a time when the Horn of Africa country...
(Reuters) – Botswana, the world’s biggest diamond producer, is projected to post a budget surplus in 2012, turning the corner on three years of deficits sparked...
(Reuters) -Zimbabwe’s projected economic growth in 2012 depends on a stable political environment which could be undermined if a contentious general election takes place, the African...
(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...
Despite having received only one finalist nomination, Ghana shone at the African Business Awards 2011 because of one business leader and a young but dynamic company....
