Thursday, March 5, 2026
Report scores African Development Fund high among leading providers of development assistance
Wale Ameen Online Editor The African Development Fund, the concessional arm of the African Development Bank Group has been ranked...
Read moreDetailsAfDB Group completes clearance of Sudan’s $413 million arrears
…UK provided £148m bridge financing; Sweden $4.2m grant; Ireland €150,000 …Debt clearance by DFIs a precondition to Sudan’s HIPC debt...
Read moreDetailsAfDB tasks Nigeria on urgent economic diversification
Onome Amuge The African Development Bank (AfDB) has charged the Nigerian government to urgently diversify its economy to...
Read moreDetailsAfrica’s industrialisation shortfall leading to devaluation in global market, analysts confirm
Onome Amuge Africa, according to a report by the African Development Bank Group (AfDB), is one of the least industrialised...
Read moreDetailsEthiopia: ADF provides $31.2m to boost country’s nutrition, end child stunting
Ben Eguzozie, in Port Harcourt Board of directors of the African Development Fund (ADF) has given approval to a...
Read moreDetailsAfDB slams Nigerian company with 36 months long debarment for fraudulent practice
Debarment to be enforced by other development banks Wale Ameen Online Editor The African Development Bank Group has slammed...
Read moreDetailsAfDB grants Kogi $100m loan to facilitate agric projects
Onome Amuge The African Development Bank (AfDB) has granted the Kogi State government $100 million loan to finance some Special...
Read moreDetailsAfDB board writes off Sudan’s $413m debt arrears as country, after 30-yr misrule, opening into global economic geopolitics
Ben Eguzozie, in Port Harcourt War-harried Sudan has had its debt arrears of $413 million owed the African...
Read moreDetailsEgypt secures US$ 114 million financing package for largest solar plant
Funding comes from a consortium of lenders including European Bank for Reconstruction and Development, OPEC Fund for International Development and...
Read moreDetailsCommitment to regional integration imperative for Africa’s development, ARII report says
Latest edition of the ARII repot calls for concerted effort towards regional integration on the African continent. The report is...
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