Africa’s economy contracted by 2.1% in 2020 following the COVID-19 pandemic. The African Development Bank (AfDB) has projected a 3.4% recovery in 2021 as most African economies are reshaping for growth and stability.
March 14, 2021
He said the speed of the economic recovery process from the pandemic will depend on collective responsibility and the financial capacity of developing countries to address immediate shocks, stabilize their economies, and invest in growing back.
December 21, 2020
“COPREFA is designed to support African economies to overcome myriads of challenges including commodity price shocks, a significant drop in tourism and disruption to supply chains and export manufacturing.”
November 6, 2020
Dr Akinwumi Adesina, the Pre4sident of African Development Bank (AfDB), says the bank will double its climate finance…
September 17, 2020
Nigeria’s former Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, has been sworn in as the President…
September 1, 2020
Nigeria’s former Minister of Agriculture and Rural Development, Akinwumi Adesina, has been re-elected President of African Development Bank…
August 27, 2020
The President of the African Development Bank (AfDB), Akinwumi Adesina, has asked the bank’s Board of Governors to…
August 27, 2020
In this special report, News Central's Political Editor Sumner Shagari Sambo reports that most Africans believe that the United States recent actions against WHO's Tedros Ghebreyesus and African Development Bank, AfDB's Akinwumi Adesina were a payback for the continent's ongoing romance with China.
May 29, 2020