African, Inter-American development banks on US$20 billion IMF reserve asset donor drive

The heads of the African and Inter-American Development banks are touring North America, the Middle East, Korea and Brazil in a bid to secure US$20 billion of IMF reserve assets which they want to turn into US$80 billion of climate financing. AfDB president Akinwumi Adesina told Reuters the aim is to get at least five …

Africa must grow at double digit for 10 to 20 years before millions are taken out of poverty – Adesina

ghanabusinessnews.com - 18/Jun 14:40

Last week the president of the African Development Bank (AfDB), Dr Akinwumi Adesina appeared on the BBC’s HardTalk with Stephen Sakur. They had as...

Italy – African Development Bank Group, met on the sidelines of G7

caribbeannewsglobal.com - 17/Jun 04:03

ITALY / AFRICA – Prime Minister (PM) of Italy, Giorgia Meloni, and the President of the African Development Bank Group, Dr Akinwumi A. Adesina, met...

Forex kitty dips $2.9bn to $652.9bn

times of india - 21/Jun 22:56

India's forex reserves fell by $2.9 billion to $652.9 billion for the week ended June 14, influenced by the depreciation of non-US currencies like the...

AfDB and Italy agree on Multi-donor Special Fund to finance joint initiatives for Africa

ghanabusinessnews.com - 17/Jun 07:43

The African Development Bank (AfDB) and the Italian government have agreed on initiatives for Africa. The post AfDB and Italy agree on Multi-donor...

Nigeria: AfDB, InfraCredit sign $15m agreement to enhance infrastructure financing

worldstagenews.com - 22/Jun 21:35

The African Development Bank (AfDB) and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million...

AfDB appoints Dr. Eric Kehinde Ogunleye as director of African Development Institute

thisislagos.ng - 19/Jun 10:27

The African Development Bank (AfDB) has appointed Dr. Eric Kehinde Ogunleye, a seasoned macroeconomist, as Director of the African Development...

SES announces successful syndication and raising of 3 Billion acquisition financing

cyprusshippingnews.com - 21/Jun 06:13

€2.1 billion bridge facility provided by a group of relationship banks • US$1 billion bank term loan facility to cover part of the financing...

Nigeria: AfDB And Infrastructure Credit Guarantee Company Limited Sign $15 million Agreement To Enhance Infrastructure Financing

businesstodayng.com - 22/Jun 12:29

The African Development Bank (www.AfDB.org) and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15...

New report proposes global tax on the super-rich

jamaica-gleaner.com - 28/Jun 05:11

A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing...

AfDB President Adesina looks back after eight years at the top

afdb.org - 24/Jun 00:00

June 24th, 2024— Conversation with Akinwumi Adesina by Chris Bishop. Image : Tiziana FABI/AFP

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