Thursday, March 5, 2026
African Development Bank accelerates private sector with $1bn loan to Transnet
Bamidele Famoofo The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South...
Read moreDetailsAfDB, partners plan to make Abidjan-Lagos corridor highway potent economic, industrial hub
Bamidele Famoofo The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is...
Read moreDetailsAfrican-led debt solutions take centre stage with AfDB’s new debt network
Onome Amuge The African Development Institute of the African Development Bank recently unveiled the African Debt Managers Initiative Network (ADMIN),...
Read moreDetailsAfDB’s Adesina says GDP doesn’t reflect Africa’s true economic potential
Recommends broader approach to measuring economic success Onome Amuge Akinwumi Adesina, president of the African Development Bank (AfDB) has underlined...
Read moreDetailsAfrica’s SDG goals at risk amid $4trn investment shortfall, AfDB president warns
Joy Agwunobi Akinwumi Adesina, President of the African Development Bank Group (AfDB), has underscored the pressing need for increased financing...
Read moreDetailsAfrica strains under heavy debt load as AfDB president, Adesina laments $824bn debt, opaque resource loans
Business a.m. Africa's immense economic potential is shackled by the shadows of non-transparent resource-backed loans, entangling debt resolutions and casting...
Read moreDetailsAfDB appoints Yacine Fal as new special representative for the Africa Investment Forum
Joy Agwunobi Akinwumi Adesina, president of the African Development Bank (AfDB) Group, has appointed Yacine Fal as his special representative...
Read moreDetailsAFC,AfDB collaborate to drive $350m for African infrastructure
Onome Amuge Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, announced that it has signed a...
Read moreDetailsGlobal turbulence clouds AfDB’s outlook on AfricaÂ
Revises economic forecast to 3.4% in 2023 Onome Amuge The African Development Bank (AfDB) has revised its short-...
Read moreDetailsAfDB, FSDH ink $20m deal to spur SME growth in Nigeria
The African Development Bank (AfDB) has signed a new $20 million trade finance facility with FSDH, a leading Nigerian non-bank...
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