Egypt is pursuing, since 2019, a policy aimed at strengthening its private sector. The policy translates into the privatization of state firms and...
Africa’s push for food sovereignty and resilience depends on investments and partnerships, African Development Bank Group president Akinwumi Adesina said...
Thousands of youths in Malawi have gained employment and some have even created jobs for their peers, thanks to a project supported by the African...
For years now, Senegal has been implementing the Plan for an Emerging Senegal (PES) to accelerate industrialization, improve human capital, and good...
The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank Group will provide a $1 million technical assistance grant to...
The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative has reached a landmark $1 billion in approved...
The pledges were secured during the Dakar 2 Summit that enabled meetings between governments, private actors, and multilateral organizations.
The...
Though robust, Ethiopia's economy faces many challenges that have constrained growth in recent years. With the support of international partners,...
Thanks to the government's response to Covid-19 and international financial support, Mauritania's economy is now recovering. But, some factors are still...
The African Development Bank Group, will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a...
Earlier this month, the country unveiled its new roadmap to achieve food security by 2029. The plan requires an US$8 billion investment.
Senegal will...
The Société d’Investissement et de la Promotion de l’Indusrie (SIPI-BENIN S.A.), in charge of Glo-Djigbé Industrial Zone development, is proud to announce...
Swiss ambassadors meeting in the Ivorian commercial capital Abidjan invited a senior management team from the African Development Bank Group to exchange...
With such performance, China now accounts for one-fourth of Nigeria's imports.
Trade exchanges between Nigeria and China reached US$26 billion in...
On Friday 20 January 2023, the Africa Tax Desk of audit group Grant Thornton organized a conference, in Côte d'Ivoire, detailing what to expect with the...
According to the United Kingdom, more than 1.2 million children suffer from severe acute malnutrition and nearly 1 million pregnant and lactating women...
Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4%...
Côte d’Ivoire, which produces only 6% of the drugs used on its territory, wants to increase its production in the coming years. For that purpose,...
From 2017 to 2020, South Africa's average yearly inflation was on a downward trend before rising again. From 6.4% in 2016, it dropped to 3.3% in 2020 then...
African heads of state and government together with development partners will gather in Senegal to strategically map plans to unlock Africa’s...
With US$91 billion provided, the World Bank remained the Sub-Saharan African countries' largest creditor in 2021. China, the leading bilateral creditor,...
The two countries that face, to various extents, common economic challenges want to mutualize their efforts to overcome those challenges.
Last Thursday,...
“We want to be the adults that children can speak to” Nthombi Pukwana, clinical psychologist, Transnet Phelophepa train.
The early morning air is cool...
Over 60% of the Kenyan population lives in poor districts with no access to adequate infrastructure, according to the French Development Agency AFD. To...
The government was planning to privatize 195 firms between 2019 and 2022 and exit the productive sector. However, the plan was delayed by the coronavirus...
In December 2022, the country, which is battling a serious economic crisis, decided to temporarily suspend the payment of part of its foreign debts,...
Twenty-five youth-led agriculture sector companies from 14 African countries have advanced to the finalist round of the African Development Bank Group’s...
Rwanda wants to greatly improve the standard of living of its population, modernize infrastructure and transform its economy by 2050. For that purpose, it...
In 2022, the Tunisian government raised just US$17 million from the sales of companies confiscated from the Ben Ali clan. It now plans to accelerate its...
The infantry corps known in French as Tirailleurs Sénégalais (Senegalese riflemen) was created by Napoleon III, in 1857. The corps fought in the two world...
The investment project is part of the 2035 Plan for an Emerging Senegal (PSE) that aims to reduce social inequalities and injustices and enable Senegal to...
The slowing growth is the result of poor harvests and soaring commodity prices as the country faces its worst drought in more than four decades.
Kenya's...
The alleged dismantling is a new development in the diplomatic tensions between DRC and Rwanda. Previously, DRC had accused its neighbor of backing the...
According to the World Bank, Egypt, which is hit hard by the Russia-Ukraine war, will record double-(digit inflation and an increase in poverty rate in...
The funding -a mix of loans and grants- will finance projects in several sectors including renewable energies, water, sustainable agriculture development,...
African Union Member States meeting in Abidjan have called on governments to speed up investment, coordination and implementation of programs to improve...
Live News
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Egypt : EBRD launches a US$175 million program to promote green economy
04:48
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Togo’s Koutammakou landscape will be restored with CFA3 billion
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Togo: the Chamber of Commerce and Industry and the National Chartered Accountants Order team up to back SMEs and SMIs
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BOAD and Green Climate Fund work on new ways to boost agricultural financing in WAEMU
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VC funding: African startups are doubling down on peer acquisitions (report)
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Togo: Government to spend CFA13 billion on food security initiatives in 2023
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At Second African Infrastructure Financing Summit, $160 billion worth of projects on table
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Cameroon: The African Development Bank trains its Regional Member Countries on applying the Fragility Lens
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Cameroon welcomes a delegation of British investors
17:16
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Orange Cameroon approves CFA150bn expansion investment
17:07
