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AfDB debars Nigerian construction firm for 3 years over fraudulent practices

The African Development Bank Group on 3 June 2019, announced the debarment of Qualitrends Global Solutions Nigeria Limited, a construction company registered in Nigeria,...
B Af D E F Bb B

AfDB okays $150m investment package for Infrastructure Credit Guarantee Company

The Board of the African Development Bank has approved a $15-million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through...
Afdb

AfDB okays US$20 million investment in Uhuru Growth Fund

The African Development Bank has approved a US$20 million equity investment in Uhuru Growth Fund 1, a first-generation fund sponsored by Uhuru Partners Limited,...
IAAF

Africa to Discuss Contentious New Diamond League Rules in Abidjan

The decision to drop the 5,000m and 10,000m races from the IAAF Diamond League will be discussed at length by the Confederation of Africa...
Ivory Coast

Ivory Coast Adjusts Mission of Public Expenditure Controllers

The Ivorian government has reorganized the way in which public expenditure controllers, now called "fiscal sustainability", work in the context of programming and budgeting. A...

Equatorial Guinea : Ready to host AfDB’s 2019 Annual Meetings in Malabo

Equatorial Guinea will host the African Development Bank’s next Annual Meetings in June 2019, following the signing of a memorandum of understanding between the...

AWF Commended For Delivering Its Mandate Since Its Inception

The Governing Council of the African water Facility (AWF) has commended the Facility for mobilizing over €1.4 billion for the implementation of projects. The...

AFAWA signs agreement with We-Fi to unlock Financial opportunities to women

The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has signed a financial procedures agreement with the World Bank-led Women...

HRH Muhammadu Sanusi II To Speaks At The AfDB Eminent Speakers’ Seminar

The African Development Institute, the knowledge promotion and capacity development department of the African Development Bank will host an Eminent Speakers’ Seminar on 29...

Board approves €7 million investment in Partech Africa Fund

The African Development Bank’s efforts to channel critical investment funding to Africa’s entrepreneurs received a big boost on Thursday in Abidjan, where the Bank’s...
ECOWAS

ECOWAS opens a national center in Abidjan to boost peace, security

The government of Côte d'Ivoire, in collaboration with Economic Community of West African States (ECOWAS) and the U.S. State Department, organized on Thursday in...
dollar

AfDB endorses US$20 million for Liberia’s SMEs

The African Development Bank has approved US$ 20 million facility to boost lending to small and medium-sized enterprises in Liberia. The loan, approved by the...
Yana Kakar

AfDB Appoints Yana Kakar to Presidential Youth Advisory Group

The African Development Bank has announced the appointment of Yana Kakar to the Presidential Youth Advisory Group, which provides insights and innovative solutions for...
5th Annual SEforALL Africa Workshop

5th Annual SeforAll Africa Workshop will look at Funding for energy access

Back-to-back with the SEforALL Global Forum held in Lisbon recently, the SEforALL Africa Hub held its Fifth Annual Africa Workshop under the headline “Financing...
afdb

AfDB Expels Robert Akika Ngong

The African Development Bank Group on 15 May 2018, announced the debarment of Robert Akika Ngong for a minimum period of 36 months. An...
afdb

AfDB Approves Funds for On-grid IPP Solar Power Procurement Deal

The Board of Directors of the African Development Bank has approved a US $1.5-million grant from the Sustainable Energy Fund for Africa (SEFA) to...
President of the African Development Bank (AfDB) Akinwuni Adesina

AfDB Places Africa High on Its Programme

The African Development Bank (AfDB) has made green energy supply a major priority to drive Africa’s economic growth. Mr. Amadou Hott, the Bank’s Vice President...
afdb

AfDB pumps funds into Africa’s green growth energy portfolios

Mr Amadou Hott, Vice President for Power, Energy, Climate Change and Green Growth of the African Development Bank has said the Bank is radically...
INDUSTRIALIZATION

AfDB to Spearhead Africa’s industrialization agenda

Africa Development Bank (AfDB) is leading the drive to attract more investments towards aggressive industrialization of Africa to create jobs and wealth for the...
ADUANA CLASH ASEC MIMOSA

Reasons behind Aduana’s failure to defeat Asec Mimosa

Aduana Stars, Ghana’s only representative in the Confederation of African Football(CAF) Confederations Cup, failed to break the jinx surrounding its winless form in away...
afdb

Prof. Nmebielle Showers Praises on AfDB

The African Development Bank (AfDB) insists the bank is African and that Nigeria’s 10 per cent shareholding portfolio makes it the single largest shareholder. “Lots...
afdb

AfDB plans on entering into partnership with African media

The African Development Bank (AfDB) is zealous of charting an incisive partnership with the media in Africa to change the narrative to positive developments. Dr...
Spare-parts

Mine Workers Union Demand a Contract Mining policy for Ghana

The Ghana Mine workers Union has called on government for a stakeholder forum on the Contract Mining Policy to chart a road map for...
Africa

Africa is home to twenty-one delicates countries

Twenty-one African countries have been categorised as fragile out of the worldwide figure of 36, Mr Sibry Tapsoba, Director, and Transition Support Department of...

Nigeria has the biggest share in AfDB

The African Development Bank (AfDB) insists the bank is African with Nigeria leading the pact with 10 percent shareholding portfolio. Professor Vincent Nmehielle, Secretary General...
Village

AfDB and partners announce model village project

The African Development Bank (AfDB) and its Korean-African Economic Cooperation (KOAFEC) Trust Fund are to inaugurate the Saemaul Undong Model Village in Yamousokoro, in...
Paul Biya

Cameroon Becomes 25th Member State to Sign ALSF Treaty

The President of the Republic of Cameroon, Paul Biya, ratified the agreement to establish the African Legal Support Facility (ALSF) on April 13, 2018...
Malaria

AfDB advocates for domestic financing solutions to fight Malaria

On the occasion of World Malaria Day 2018, April 25, the African Development Bank has released Money and Mosquitoes: The Economics of Malaria in...
Projecting The Future

Multilateral development banks sponsors study on technology impact

The Future of Work: Regional Perspectives discusses the impact of the Fourth Industrial Revolution on labour markets across the globe Rapid technological progress provides a golden...
Akinwumi Adesina

Tanzania’s Union Day: Akinwumi Adesina to Address Gathering

President Akinwumi Adesina is attending the 2018 anniversary of the union between the Republic of Tanganyika and the People’s Republic of Zanzibar that gave...