Though robust, Ethiopia's economy faces many challenges that have constrained growth in recent years. With the support of international partners,...
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...
The humanitarian situation in South Sudan is worsening due to years of conflict, food insecurity, climate crisis and public health problems. According to...
According to the AfDB, the measures initiated by Djibouti reduced poverty by 1.8% between 2020 and 2021. To assist the government’s efforts, several...
The suspension concerns Eurobonds, commercial term loans, and most bilateral debts. It is aimed at preventing further deterioration of the country's...
The USA wants to warm up its diplomatic and economic relations with Africa to become one of the main partners on the continent. For that purpose, for the...
African leaders and the United States government have underlined the the need for increased investment and prioritization of nutrition across the African...
The Board of Directors of the African Development Bank Group has approved a loan of €39.30 million to the government of Senegal on Friday, 16...
Mauritius: African Development Bank to help build sustainable infrastructure and economic resilience
The Board of Directors of the African Development Bank Group on 15 December 2022 in Abidjan approved the Mauritius Country Strategy Paper for 2022-2027...
The project was validated in 2018. Overall, US$534 million will be contributed for the rehabilitation of the corridor and the improvement of...
The coronavirus pandemic, the war in Ukraine, and climate change have all hampered Africa’s progress toward meeting the Sustainable Development Goals...
Madagascar is currently implementing a digital ID program aimed at providing a digital ID for every citizen. The program is supported by several...
Live News
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Private equity: Southern Africa attracted less than US$600 mln in 2022, down 46% YoY
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Cameroon: The special tax on petroleum products will soon be extended to natural gas, despite GDC’s request
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The World Bank launches a new series of consultations on its country partnership framework with Togo
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Africa: Ecommerce revenues will exceed US$46 bln in 2025 (report)
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Ethiopia: World Bank grants US$745 mln to strengthen healthcare and flood management
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Togo: Government to spend CFA25 billion in 2023 on drinking water supply projects
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Cameroon acquires a pavilion at the Paris Agriculture Show, a first time
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Cameroon hosts AfWA symposium on drinking water production-distribution
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Mauritania reaches deal on new extended fund facility
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Togo: AfDB chief and President Gnassingbé review the Bank’s actions in 2022
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