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African Development Bank
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African development bank, Latest News
The African Development Bank Group or Banque Africaine de Développement is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund.
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International :
AfDB approves 5.4 million USD to boost food security in Somalia
The African Development Bank (AfDB) through its concessional arm, the African Development Fund, has approved a 5.4 million US dollar grant to support the building of urgently needed food security in Somalia. ...
Politics :
Soaring food, fuel prices tipping countries like Sri Lanka, Pakistan over the edge
London, April 10 A combination of soaring food and fuel prices could generate a wave of political instability, ... ...
Politics :
AfDB approves $210mn loan for Nigeria's special agro-industrial processing zones
Lagos, Dec 15 The African Development Bank (AfDB) has said it has approved a $210 million loan to ... ...
International :
East Africa's economic growth to rise to 4.1% in 2021: AfDB
Nairobi, Oct 29 East Africa's economic growth is projected to rise to 4.1 per cent in 2021, up ... ...
International :
EU to lift sanctions against Burundi
The European Union (EU) had started the process of lifting sanctions against Burundi that stops financial aid to the Burundian government, EU Ambassador to Burundi Claude Bochu said here Monday. ...
International :
EIB, 8 banks to raise annual climate finance by 2025
The European Investment Bank (EIB), together with eight other multilateral development banks like the Asian Development Bank, pledged at the UN Secretary-General's Climate Action Summit to raise their annual global climate action investment to $175 b ...
International :
Summit for greater African resilience to fight climate change
Immediate, bold action is needed to boost Africans' resilience to climate change and other threats, participants agreed at a summit in Rwanda's capital Kigali, the United Nations Food and Agriculture Organisation said in a statement on Tuesday. ...