African Development Bank

Latest edition of the ARII repot calls for concerted effort towards regional integration on the African continent. The report is a

  Funding to be used to enhance network capacity and operational safety of national rail line Passenger traffic expected by

…Fund to be administered by AfDB …To finance climate change projects in AfDB’s regional member countries   Ben Eguzozie, in Port

The project once operational in 2023 will mitigate the nation’s annual spending on 46.8 billion litres of diesel yearly in the

Says counterbalancing forces will keep inflation muted over the medium term as it moderates by 9% in 2021 Africa’s growth performance

…Continent’s GDP to grow by 3.4% …But govts need $154bn to respond to Covid crisis …Recovery doesn’t remove poverty threat, with 39m

…As continent’s debt climb 70% of GDP …We want comprehensive, quick restructuring; debt standstill not enough” – Stiglitz …Proposes

As rating agency S&P Global confirms the banks’s AAA/A-1+ foreign issuer credit rating with a stable outlook.   Wale Ameen  

* introduces first beneficiaries   Wale Ameen   The African Development Bank in collaboration with the African Guarantee