Africa is richly endowed with human and natural resources and has made significant strides in economic growth, resilience and innovation. The continent has also advanced regional integration and trade ...

Alliance of African Multilateral Financial Institutions (AAMFI) appoints Dr. Corneille Karekezi as Chairperson as the Alliance welcomes new members; Banque Ouest Africaine de Développement and Regiona ...

W hen Akinwumi Adesina began his tenure as president of the conti- nent’s pre-eminent multilateral development bank in 2015, the African Development Bank had a capital base of $93bn. Nine years later, ...

The Board of Directors of the African Development Fund (ADF) has approved a $9.57 million grant to support countries of the Southern African Development Community (SADC) in strengthening regional ...

As the US retreats from ‘woke’ development goals, Europe and African nations step in to plug the hole in the continent’s vital support fund. The president of the African Development Bank is in London ...

The African Development Bank (www.AfDB.org) has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400 million ...

African nations are planning the creation of an African Energy Bank. African resource-rich countries have grown frustrated with Western banks' refusal to lend money for the development of oil and gas ...

The Federal Government has revealed that the head office of the $5 billion Africa Energy Bank, to be hosted in Nigeria, is now fully completed and ready for use. Minister of State for Petroleum ...

In a rating action note dated 28 October 2021, Moody’s said the key factors underpinning the affirmation include robust capital buffers, combined with superior risk management which contain the ...

Access Bank has launched a Zero Fee Outbound Campaign to accelerate adoption of the Pan African Payment and Settlement System ...