Africa
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World Bank president nominee, Ajay Banga, pledges to partner with AfDB for transformative results
ABIDJANI-US nominee for World Bank Group President, Ajay Banga began his global tour on Monday, with his first stop in Abidjan, Cote d’Ivoire where he met the African Development Bank [AfDB] President…
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Close to 90 percent of NTBs reported in RECs resolved
LUSAKA– A total of 716 out of 796 [88.9 percent] of the Non-Tariff Barriers [ NTBs ] registered in the online reporting system implemented by the three regional economic communities [RECs] of…
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Madagascar: ADF’s agriculture rehabilitation project boosts farmers’ income
ANTANANARIVO -In Madagascar, the South-West Region Agricultural Infrastructure Rehabilitation Project, funded by the African Development Bank [AfDB], has provided a new boost to agriculture, resulting in enhanced farmers’ incomes, according to the project completion report.…
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TCAMCCO slated for May in Nairobi
KAMPALA-The 10th Technical Committee of the Africa Ministerial Cooperative Conference [ TCAMCCO ] will take place at Panafric Sarova Hotel in Nairobi, Kenya Nairobi from May 22-24, 2023, according to Dr.Chiyoge Sifa,…
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African economies remain upbeat despite multiple shocks, says AfDB official
KAMPALA-African economies remain resilient despite experiencing multiple shocks, with 53 out of 54 African countries seen maintaining positive growth and a stable outlook for the 2023/24 period, the African Development Bank has…
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Africa’s coffee exports drop 9 percent in December 2022
KAMPALA -Exports of all forms of coffee from Africa decreased by 9 percent to 0.97 million bags in December 2022 from 1.13mln bags in December 2021, according to International Coffee Organisation [ICO].…
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How the Africa Energy Bank is Re-Writing the Frontier Investment Playbook
LAGOS, February 3, 2026 — While global exploration and production capital expenditure is set to reach US$ 504 billion in 2026, the upstream market is also entering a period of heightened discipline.…
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Reducing cost of basic foodstuffs in Africa: Govts urged to provide investment incentives
NAIROBI-African countries have been asked to provide investment incentives to businesses operating in the agribusiness, green and blue economy in order to reduce the soaring costs of basic foodstuffs coupled with rising…
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AfDB to launch inaugural Africa’s Macro-Economic Performance and Outlook report
The African Development Bank [AfDB] Group will launch the inaugural edition of Africa’s Macro-economic Performance and Outlook [MEO] report on January 19, 2023, at its Abidjan Headquarters, according to Emeka Anuforo, the…
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