African Development Bank
Commitment to regional integration imperative for Africa’s development, ARII report says
Latest edition of the ARII repot calls for concerted effort towards regional integration on the African continent. The report is…
Egypt secures €145 million loan from AfDB for upgrade of its national rail line
Funding to be used to enhance network capacity and operational safety of national rail line Passenger traffic expected by…
Nigeria, other AfDB regional shareholders to benefit from CA$133 million Canada climate fund
…Fund to be administered by AfDB …To finance climate change projects in AfDB’s regional member countries Ben Eguzozie, in…
AfDB commits $530 million in funding to power transmission in Angola
The project once operational in 2023 will mitigate the nation's annual spending on 46.8 billion litres of diesel yearly in…
AfDB projects Nigeria’s GDP to grow by 1.5%, W/A by 2.8% and Africa by 3.4% in 2021 if modest fiscal stimulus is sustained
Says counterbalancing forces will keep inflation muted over the medium term as it moderates by 9% in 2021 Africa’s growth…
Africa’s 2021 growth prospects bullish, despite COVID-19 constraints, debt burden – AfDB
…Continent’s GDP to grow by 3.4% …But govts need $154bn to respond to Covid crisis …Recovery doesn’t remove poverty threat,…
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