Africa is set to become the second-fastest-growing region in the world after Asia, according to the latest report by the African Development Bank (AfDB). The continent’s economy is expected to …
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AfDB
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Africa is losing a staggering $90 billion every year to illicit financial flows, according to a top official of the African Development Bank (AfDB). This amount is more than the …
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The African Development Bank Group (AfDB) has raised alarm over the potential impact of a new European Union (EU) carbon border tax on Africa’s trade and industrialization prospects. The EU …
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The African Development Bank (AfDB) has announced a $500 million pledge to support the development of the Lobito Corridor, a strategic transport route that will link Angola, Zambia, and the …
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African leaders have recently renewed their commitment to attracting capital to the continent. They gathered at the Africa Investment Forum (AIF) Market Days in Marrakesh, Morocco, with a clear goal. …
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The African Development Bank (AfDB) is taking decisive action, earmarking $1.2 billion for female entrepreneurs across 32 African nations under the Affirmative Finance Action for Women in Africa (AFAWA). This …
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The African Development Bank (AfDB) has released a series of reports that provide guidance for African countries to access climate finance and invest in green growth. The reports are part …
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An Expected Boost Nigeria’s renewable energy sector prepares for a massive capital injection. Adebayo Adelabu, Nigeria’s Minister of Power, has confirmed the African Development Bank (AfDB) stands poised to release …