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Trump administration asks African Development Bank to re-investigate its embattled President Akinwumi Adesina accused of nepotism and favoritism

The Donald Trump administration has written the African Development Bank, urging the continent’s biggest multilateral lender...

African Development Bank approves €88 million ($98 million) loan for Senegal to respond to COVID-19

The Board of Directors of the African Development Bank on Friday approved a loan of 88 million euros to Senegal, hit hard...

IMF Executive Board Approves FY 2021-FY 2023 Medium-Term Budget

On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for...

Former African presidents release joint statement backing embattled African Development Bank President Akinwumi Adesina

In an unprecedented move, former African heads of state and government released a jointly signed letter on Friday, backing the embattled...

Read full remarks by IMF Managing Director Kristalina Georgieva on financing for development amid COVID-19

Good morning. I want to thank Prime Minister Trudeau, Prime Minister Holness, and Secretary-General Guterres for keeping a focus on development amidst...

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