African nations are increasingly turning to the IMF to manage economic instability, but at what cost? In the final quarter […]
Tag: African Development Bank
AfDB to launch debt management forum for Africa
The African Development Bank (AfDB) group is to launch the Debt Management Forum for Africa (DeMFA). DeMFA is a new […]
AfDB seeks $42 billion to bridge financing gap hindering African women enterprises
The African Development Bank (AfDB) has said it is presently seeking $42 billion to bridge the current financing gap […]
Nigeria ranks 6th on Africa Visa Openness Index – Report
Nigeria ranked sixth among 54 countries in the African Development Bank (AfDB) and African Union’s 2024 African Visa Openness Index […]
AfDB advocates boosting agriculture production in Nigeria
The Director-General, Nigerian Country Department of the African Development Bank (AfDB), Dr Abdul Kamara, has emphasised the need to boost […]
Calls grow for African credit rating reform amid $75bn cost burden
Africa’s largest economies are challenging global credit-rating practices that lead to inflated borrowing costs, costing the continent billions each year. […]
Young Nigerian entrepreneurs get $130m funding
NIGERIA’S young entrepreneurs, including women-led small and medium enterprises, have been given a $130 million boost that will provide them […]
AfDB President, Adesina raises concern over rising poverty rate in Nigeria
The President of the African Development Bank (AfDB) Akinwunmi Adesina has raised concern over the rising poverty levels in Nigeria. […]
AfDB to establish $100m Investment Bank for Nigerian youths
The African Development Bank (AfDB) will establish a Youth Entrepreneurship Investment Bank for Nigeria, which is part of its support […]
Japan boosts African Development Fund with $421m loan
The African Development Bank Group and the Japan International Cooperation Agency (JICA) have formalised a pivotal agreement, with Japan committing […]