The African Development Bank (AfDB) has committed over $8 billion to water infrastructure projects across 40 African countries since 2000, benefiting more than 92 million people.…
Browsing: AfDB
Distinguished financial strategist and former Senior Vice President of the African Development Bank (AfDB), Bajabulile Swazi Tshabalala, has officially declared her candidacy for the Bank’s presidency.…
The latest report on Africa’s economy from the African Development Bank (AfDB) highlights how bold reforms, rapid investments, and pro-business policies are driving a shift toward…
Nigeria’s electricity tariffs will increase within months, according to Olu Verheijen, special adviser to President Bola Tinubu on energy. She made the announcement at the Africa…
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…
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…