Unemployment is one of Africa’s most significant challenges, hindering economic growth and social progress. The African Development Bank (AfDB) warns that, if current trends continue, about…
Browsing: AfDB
The African Development Bank (AfDB) has disclosed that illegal financial flows and profit shifting by multinational corporations operating in Africa cost the continent almost $1.6 billion…
Nigeria and other African countries would require approximately $74 billion in debt servicing this year due to increasingly constrained access to affordable funding, according to Prof…
The African Development Bank (AfDB) intends to lend Morocco 650 million euros to enhance transportation infrastructure in preparation for the 2030 World Cup, the MAP state…
Malawi has received an $11.2 million insurance payout due to a devastating drought linked to El Nio that caused the nation to declare a state of…
In the global fight against climate change, the difference between where the world is and where it needs to be is a function of finance. For…
Nigeria’s Minister of Power, Adebayo Adelabu says the World Bank and the African Development Bank have finalised a $30billion electric power investment in Africa. Adelabu said…
The African Development Bank Group (AfDB) and Mastercard are partnering to boost digital access to at least 100 million individuals and businesses in Africa over the…
The African Development Bank (AfDB) in collaboration with Rwanda, inaugurated a $30-million initiative in Kigali on Tuesday, to conserve and expand forest cover across the country.…
Ghana and Nigeria’s economies are expected to grow at a slower rate in 2024 than their West African counterparts.The West African area is predicted to increase…