Several African countries have formally expressed interest to join the groundbreaking Battery Energy Storage Systems (BESS) Consortium, launched Saturday...
The institution noted that the revised real GDP growth forecast for Africa will remain higher than the global average and that of all other regions,...
Meeting in Abidjan on 29 November 2023, the Board of Directors of the African Development Bank approved a loan of €73 million to Kenya to...
The Tanzanian Investment Centre attributes the rise in FDIs to increased confidence of investors in the country's economic prospects.
Tanzania pulled...
The Confederation of African Football (CAF) and Africa Global Logistics (AGL), a major logistics player in Africa, have concluded a strategic partnership...
The UNODC has reported that West Africa serves as a transit zone for cocaine moving from South America to Europe, with notable production origins in Peru,...
The funds pledged exceed the regional institution's initial target of €8.8 billion to finance infrastructure projects aimed at enhancing regional...
Morocco still has much room for improvement regarding healthcare, despite recent progress in this area. The country is stepping up its efforts to improve...
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%, from...
The African Development Bank will mobilize financing for climate action at this year’s UN Climate Change Conference, COP28, and amplify Africa’s calls for...
Terrorist threats have intensified in the tri-border areas between Mali, Niger, and Burkina Faso in recent weeks. Over the past week, armed groups carried...
The Senegal government forecasts its budget revenue for 2024 to be 20% higher than that in 2023. According to a statement from the Ministry of Finance,...
While some accuse it of economically exploiting its former colonies, France has been forging diplomatic and economic ties with Anglophone African...
On September 16, Mali, Burkina Faso, and Niger joined forces to establish the Alliance of Sahel States (AES), a response to shared ideals in the face of...
A national report found that climate change could cause annual losses ranging from 3 to 4.5% of Côte d'Ivoire's GDP between 2023 and 2030. The Ivorian...
As the Democratic Republic of Congo (DRC) prepares for general elections scheduled for December 20, the eastern region remains conflict-ridden, facing...
Honoris United Universities, the first and largest panAfrican network of private higher education institutions, is pleased to announce the latest addition...
In Senegal, the Kedougou region, located 700 km from Dakar, contributes significantly to the country’s economic development. The paradox, however, is that...
Driven by gold mining, Burkina Faso's mining sector accounts for 16% of GDP and 80% of exports, according to the latest EITI data. To increase the...
The African Development Bank’s Country Strategy Paper (CSP) for Tanzania has been implemented over the last two years with the programmed operations...
The multipurpose industrial terminal of San Pedro (TIPSP), operated by Arise Ports & Logistics, is celebrating a major milestone in its activities through...
The fifth edition of the Conference on Land Policies in Africa (CLPA) began on Tuesday, November 21, 2023, at the AU headquarters in Addis Ababa,...
The Board of Directors of the African Development Bank Group approved a donation of EUR 34.27 million to Chad in Abidjan on 17 November 2023, to implement...
After facing limitations in bilateral development cooperation with Germany due to its socio-political situation between 2002 and 2011, Côte d’Ivoire now...
The health sector remains a major development challenge for Senegal. According to the government, the Universal Health Coverage (UHC) program launched in...
A study by the German organization MISEREOR found that Africa stands out as the continent most targeted by large-scale land acquisitions. As land issues...
As of September 30, Burkina Faso grapples with an estimated budget deficit nearing $900 million, as revealed in an official statement following the...
The World Bank suggests that Kenya could partly cushion the climate-induced shock through a higher annual growth rate and structural transformation of the...
The third General Assembly of the African Public Procurement Network (APPN), which wrapped up in Abidjan on Thursday, adopted around ten recommendations...
The Board of Directors of the African Development Bank Group approved a loan of USD 33 million to Seychelles on 17 November 2023 to implement Phase III of...
The Board of Directors of the African Development Bank Group granted a loan of 92 million euros to the Republic of Congo in Abidjan on 17 November 2023 to...
Camco, a specialized impact fund manager focusing on sustainable energy and climate finance, is planning to raise $1.6 billion for electrification...
African countries need to show stronger political will to advance industrialisation, including the adoption of new policies to promote improved...
In a proactive move responding to the significant price pressures in the local market, the Ivorian government temporarily suspended the export of local...
More than thirty African countries benefit from India's duty-free tariff preference (DFTP) scheme for least-developed countries.
Trade between India and...
The Climate Resilient Livestock Management Project, implemented by the African Development Bank in Zambia between 2017 and 2022, has helped to equip small...
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