African Development Bank

DEBARRED! African Development Bank blacklists Chinese road builder China Henan International Cooperation Group over corruption in Uganda

The African Development Bank (AfDB) has blacklisted Chinese road builder China Henan International Corporation Group…

PROFILE: Who is Aida Ndir Ngom, the African Development Bank Director of the Private Sector Development Department

The African Development Bank has appointed Aida Ngir Ngom as Director, Private Sector Development Department. Her…

Africa Fertilizer Financing Mechanism commits more than $2 million to improve farmers’ access to fertilizers

The Africa Fertilizer Financing Mechanism will provide a $2 million partial trade credit guarantee and…

Bolster Africa to resist financial shocks, build climate-resilient economies, say African leaders at African Development Bank’s Annual Meetings

The African Development Bank Group’s  2023 Annual Meetings officially opened last week with a clarion…

Africa’s Macro-Economic Performance and Outlook 2023: Leaders pledge urgent action to sustain recovery and build resilience

African leaders have pledged to take immediate action to integrate the recommendations from the newly…

How African Development Bank livelihood scheme will help the youths in Uganda, DR Congo

The African Development Bank has launched a multinational project to create jobs and improve livelihoods…

Uganda calls for sustainabile financing of AU peace operations

TUNIS — Uganda has called for sustainable funding of African Union Peace operations —saying that…

Uganda’s Top Finance Bank sold to Djibouti’s Salaam African Bank

Salaam African Bank (SAB), a Djibouti-based bank, has acquired Uganda’s Top Finance Bank Limited (TFB).…

African Development Bank Group appoints Marie-Laure Akin-Olugbade as Acting Vice President for Regional Development, Integration and Service Delivery

The African Development Bank (www.AfDB.org) has appointed Mrs. Marie-Laure Akin-Olugbade, née Ndongo-Seh, as Acting Vice-President…

African Economic Outlook 2022: AfDB, IMF experts underscore urgency of climate financing for Africa

African Development Bank and International Monetary Fund (IMF) experts have stressed the urgency of mobilizing…