Somalia’s economy is projected to recover to 3.7 percent growth this year and 3.8 percent in 2025 as it reaps the benefits of East African Community...
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Established in 1964, the African Development Bank (AfDB) is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is to deliver the financial and technical support for transformative interventions that will significantly reduce poverty through inclusive and sustainable economic growth. In addition to providing finance, the Bank is Africa's voice on global economic, financial and development issues, a role that has taken significant importance in light of increasing global integration and interconnected risks. The Bank has prioritized five major areas (High 5s), all of which will accelerate developmental impacts for Africa: Light Up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life of the People of Africa. The Bank is building a world class senior management team to lead the successful implementation of the vision
Somalia’s economy is projected to recover to 3.7 percent growth this year and 3.8 percent in 2025 as it reaps the benefits of East African Community...
Jeffrey Sachs is known for many accolades; among them, he was a special advisor to three consecutive UN secretaries-general, once hailed as the most...
The new Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) is set to be held on September 4 to 6, which will outline the measures of...
The Southern African Development Community (SADC) is partnering with the African Development Bank (AfDB) to [...]
The current global financial architecture faces significant challenges in addressing the financial needs for climate action, sustainable development,...
Deadline: September 16, 2024 Applications are open for the African Development Bank-Japan Africa Dream Scholarship 2025. This scholarship is open to...
ALGERIA – Algeria’s economic recovery is strengthening and its gross domestic product (GDP), which increased by 3.6 percent in 2022 and 4.2...
African countries should leverage on the youth potential in the region for innovation, industrialization, peace and socio- economic growth, according...
By BUUMBA CHIMBULU THE Board of Directors of the African Development Bank Group has approved a US$10 million junior equity investment in the KawiSafi...
Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. “Africa is our...