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African Development Bank launches record breaking $3 billion “Fight COVID-19” social bond

The African Development Bank (AfDB) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.

BREAKING: African Development Bank announces bold measures to curb coronavirus

The African Development Bank on Wednesday announced health and safety measures to help prevent the spread of the coronavirus in country's where it has a presence, including its headquarters in Abidjan. The measures include telecommuting, video...

African Development Bank President Akinwumi Adesina names South African national Bajabulile “Swazi” Tshabalala as Acting Senior Vice President

The President of the African Development Bank Group, Akinwumi Adesina, on Monday, named Ms. Bajabulile “Swazi” Tshabalala as Acting Senior Vice President of the Bank with immediate effect.Ms. Tshabalala, currently the Vice...

African Development Bank rebuts World Bank President’s comments on Africa’s debt profile following TODAY NEWS AFRICA article

The African Development Bank has reacted to comments made by the World Bank President David Malpass that some Multilateral Development Banks, including the African Development Bank, have a tendency to lend too quickly and in the...

David Malpass, Kristalina Georgieva warn against rushed, secretive and non-transparent loans in Africa, ‘indict’ African Development Bank, China, others

The World Bank President David Malpass and the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva have warned against rushed, secretive, non transparent loans to low-income countries, including in Sub-Saharan Africa.

African Development Bank President calls for inclusive growth warning nobody eats GDP

The African Development Bank President Akinwumi Adesina has for inclusive growth, even as the economies in Africa continued to expand with inequalities widening as well.The 2020 African Economic Outlook (AEO) showed...

African Development Bank approves $22 million loan to Egypt’s Corporate Leasing Company – Corplease

The Board of the African Development Bank on Wednesday approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company (Corplease).The bank said it was to expand the company's operations in...

African Development Bank President Akinwumi Adesina opens trading on London Stock Exchange

Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank Akinwumi Adesina to open markets for trading at London Stock Exchange on Wednesday 22 January.The reception...

Ride the wave of the African Continental Free Trade Area, African Development Bank president Adesina Urges UK investors

Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” African Development Bank President Akinwumi Adesina said Tuesday in a keynote address at a UK Parliamentary Symposium....

African Development Bank approves €8 million grant to supply electricity to DRC, Burundi and Rwanda

The African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project.The plant...
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BREAKING: More than 900 people died from coronavirus in U.S. in past 24 hours skyrocketing total death toll above 4000

More than 900 people died from the novel coronavirus in the United States on Tuesday alone,...
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BREAKING: Human Rights Watch says Nobel Peace Prize winning Prime Minister Abiy Ahmed of Ethiopia doing little to investigate deadly October violence in Oromia

The government of Prime Minister Abiy Ahmed Ali of Ethiopia has made little progress in investigating the deadly October 2019 violence...

Sierra Leone schools reopen for pregnant girls, teen moms

The Sierra Leone government’s decision to allow girls who are pregnant or have a child to attend school is an important step to...

U.S. air strikes kill civilians in Somalia then Pentagon brands the dead “terrorists”, Amnesty unearths shocking details

Amnesty International said on Tuesday it had unearthed evidence that the U.S. Africa Command (AFRICOM) killed two civilians, and injured three...

About 800 people already dead from coronavirus in U.S. today as presidential task force projects between 100,000 and 240,000 could die

At least 780 people have already died from the novel coronavirus in the United States today, Tuesday, according to the latest...
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