Tag: AfDB
African Leaders Approve Establishment Of $20 Billion Financial Stability Fund
The African Development Bank (AfDB) on Tuesday said African leaders have approved the establishment of a $20 billion continental financial stability fund.
They said this...
AfDB Approves $108 Million Loan For Zambia
The African Development Bank Group's Board of Directors has approved a $108 million loan to Zambia.
According to the bank, the loan is to enhance...
AfDB Offers Morocco $260 Million In Loans For Port Project, Governance
The African Development Bank (AfDB) said on Friday that it offered the Moroccan government $260 million in loans.
AfDB said the two loans each worth...
AfDB, ICRC Forge Climate Resilience Alliance In Cote D’Ivoire
The African Development Bank (AfDB) and the International Committee of the Red Cross (ICRC) are embracing co-creation to strengthen resilience in Africa.
Following the signing...
AfDB, UNHCR Partner To Support Refugees In South Sudan
The African Development Bank (AfDB) and the UN Refugee Agency (UNHCR) have said they would be partnering to support displaced people and their host...
AfDB Prioritizes Energy, Transport, Water, Agriculture In Malawi
The Board of Directors of the African Development Bank (AfDB) Group on November 16 approved Malawi's Country Strategy Paper (CSP) for 2023-2028.
The strategy paper...
Gabon Junta Welcomes African Bank’s Lifting Of Sanctions
The Gabonese government says the African Development Bank (AfDB) has lifted financial sanctions imposed on the country following the removal of President Ali Bongo...
Corruption Not Peculiar To Africa – AfDB President, Adesina
Corruption is not solely an issue plaguing Africa, but rather a global crisis that affects countries worldwide, including Europe, says the President of the...
President Mnangagwa commits to resolving Debt and Arrears
President Mnangagwa of Zimbabwe has pledged to address the country's long-standing debt arrears and re-engage with development partners and creditors to revive the economy...
Africa needs $2.7 Trillion to Address Climate Change – AfDB
Akinwumi Adesina, the President of the African Development Bank (AfDB) Group, highlighted on Monday that Africa would require approximately $2.7 trillion by 2030 to...
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