Africa: Interview With Stefan Nalletamby, Director, Financial Sector Development, AfDB

The African financial sector is desperately in need of a shot in the arm as it continues to grapple with the legacy of banking systems and financial markets. Development of this… Read more »

Africa: AfDB Funds Usd 70.5 Million for Tanzania's Power Sector Reform and Governance Support Programme

Power sector reform and a governance support programme are central to the African Development's actions to accompany Tanzania's economic growth. Read more »

Africa: Structural Change Needed to Spur Innovation in Africa

The Annual Development Effectiveness Review presents the performance of the African Development Bank Read more »

Africa: Changing the Education Landscape to Ensure Jobs for Youth in Africa

Lowering youth unemployment across Africa is an urgent problem and greater vocational and industrial training programs may be the best way to put people to work. That was the major… Read more »

Africa: Akinwumi Adesina of Nigeria Elected 8th President of the AfDB

"Today, I have been given a great responsibility," Akinwumi A. Adesina said Thursday upon his election as the 8th President of the African Development Bank Group. Read more »

Africa: Akinwumi Adesina of Nigeria elected 8th President of the AfDB

Akinwumi Adesina was elected as the 8th President of the African Development Bank on Thursday, May 28. Read more »

Africa: Where Are Jobs for African Youth? in Agri-Business!

Agri-business has the potential to create jobs for the millions of African youth who are jobless even after graduating with good degrees, experts said Wednesday during a panel… Read more »

Africa: Panelists Call for Strong Paris Agreement, Climate Finance Justice for Africa

Panelists at high-level event on climate change on Tuesday have renewed their call for a strong and universal climate change agreement with increased flows of funds, sufficient to… Read more »

Africa: African Countries Asked to Address Security Threats By Investing in Holistic Development

In the face of growing threats to peace and security on the continent, African countries have been called upon to invest in development in a holistic way. Read more »

Africa: AfDB Supports Efforts in Improving Trade Finance in Africa

The African Development Bank (AfDB) is supporting efforts to improve trade financing on the continent. The Bank is not only financing trade activities and projects to facilitate… Read more »

Africa: AfDB's Development Effectiveness Review Shows 70 Percent of Indicators On Track

The African Development Bank (AfDB) is consciously contributing to Africa's development and it is achieving results. Read more »

Africa: Panelists Underscore Need for Integration of Africa's Stock Exchanges

African countries should support the integration of capital markets on the continent, panelists argued on Wednesday. Read more »

Africa: African Ecological Futures - 2015 Report Now Available

The 2015 African Ecological Futures report, launched Tuesday, May 26 in Abidjan, Côte d'Ivoire, during the 50th Annual Meetings of the African Development Bank (AfDB) and… Read more »

Africa: AfDB Scaled Up Project Funding By 15 Percent to U.S.$ 7.6 Billion in 2014

The African Development Bank Group (AfDB) realised a 15.3-percent increase in its operations turnover in 2014 compared to 2013 despite the challenging global and regional economic… Read more »

Africa: African Economies Grew By 3.9 Percent GDP in 2014 Amid Global and Regional Shocks

African economies registered 3.9% average GDP growth in 2014 compared to the 3.7% in 2013. This reflects resilience to global and regional shocks which affected the continent last… Read more »

Africa: AfDB Signs U.S. $100 Million Risk Participation Facility With Firstrand Bank S.a. to Boost African Trade

The African Development Bank (AfDB) formally signed on Wednesday, May 27 in Abidjan, Côte d'Ivoire, in the prelude of the 50th AfDB Annual Meetings, a USD 100 million… Read more »

Africa: AfDB Weighs Options for Africa's Economic Transformation

As Africa's premier development finance institution, the African Development Bank has kept faith with its mission by positioning itself at the centre of Africa's transformation in… Read more »

Africa: AfDB - A Focus On Africa's Economic Transformation to Inclusive Sustainable Growth

For a continent which has consistently posted robust economic growth in the past decade, recent reports that the continent is the bastion of inequality recording 42.6 on the Gini… Read more »

Africa: Domestic Resources Needed to Fund Africa's Sustainable Development, Panel Hears

Domestic resource mobilization is key for Africa's growth. That was the consensus reached Tuesday at the "Financing Africa's Transformation: Billions to Trillions" seminar during… Read more »

Africa: African Economies to Rebound in 2015, Despite Uncertain Global Conditions

African economies are expected to register robust growth in 2015 expanding by 4.5 per cent in 2015, and may reach 5 per cent in 2016, compared to 3.9 per cent registered in 2014… Read more »

Africa: Kaberuka Pays Glowing Tribute to Founding Fathers and Staff

In a moving speech, which sums up his 10 years service to the African Development Bank (AfDB), as President, Donald Kaberuka gave glowing tributes to the founding fathers and staff… Read more »

Africa: Official Opening Ceremony of 50th Annual Meetings

"It is not money that delivers development, it is the policies that do," said African Development Bank Group (AfDB) President Donald Kaberuka. That powerful message came Tuesday… Read more »

Africa: Past Presidents Task AfDB With Facilitating Integration At 50th Anniversary Forum

Some of the most distinguished actors in the 50 years of the African Development Bank's existence reflected on the past, took stock of the present and made tentative projections… Read more »

Africa: African Media Urged to Promote Coverage of Development Issues

African media and its support agencies must act to narrow the gap between media content and national development agendas, journalists heard Monday. Read more »

Africa: Participants At AfDB Seminar Say Open Borders Necessary for Integration

Saddled with 54 national markets and tight migration policies, the idea of an integrated and prosperous Africa would remain a pipe dream if African countries fail to open their… Read more »