AfDB
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News
Energy experts call for enhanced electricity regulations in COMESA
ADDIS ABABA, September 26, 2024– African energy experts and stakeholders have urged governments in the COMESA region to enhance electricity regulations. The group made the call recently as they convened in Addis…
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News
AfDB approves US$ 6.6mln grant to strengthen Somalia’s financial architecture for inclusive growth
ABIDJAN, September 17, 2024— The African Development Bank Group [AfDB] has approved a US$ 6.6 million grant to support the Federal Government of Somalia [FGS] in strengthening state capacity to build its…
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News
EAC central banks urged to embrace technology to facilitate cross-border financial transactions
ARUSHA, September 12, 2024 — East African Community [EAC] Partner States central banks have been called upon to embrace technology as part of efforts to facilitate cross-border payments within the EAC Common…
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News
AfDB top official tours major roads rehabilitation project in Kampala City
KAMPALA, September 3, 2024 – The Director for Climate Change and Green Growth at the African Development Bank [AfDB], Prof. Anthony Nyong, recently led the continent’s lender team to inspect the 69.2-kilometre …
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News
Nigeria’s food importation policy could destroy country’s agriculture, warns AfDB boss
ABUJA, July 16, 2024 – The President of the African Development Bank Group [AfDB] Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive food importation risks destroying the…
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News
AfDB, WFP project boosts wheat production in war-torn Sudan amid soaring hunger
PORT SUDAN, June 22, 2024 – An emergency wheat production project in Sudan financed by the African Development Bank and executed by the United Nations World Food Programme [ WFP] has increased…
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News
AfDB, partners launch US$ 5.2mln project to help catalyse diaspora investment in eight African countries
ADDIS ABABA, June 14, 2024 – The African Development Bank [AfDB], the African Union Commission [AUC], and the International Organization for Migration [IOM] have signed a protocol agreement for US$ 5.2 million…
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Agriculture
Fort Portal: Stinking garbage irks Mpanga Market vendors
FORT PORTAL, January 12, 2024 – Mpanga Market vendors in Fort Portal City are worried about the stinking garbage which they fear could pose health risks to them. Talking to this reporter,…
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Africa
North Africa 2023: Over US$ 2bln released from AfDB for inclusive sustainable growth
CAIRO, January 11, 2024 – In 2023, the African Development Bank [AfDB] provided more than US$ 2 billion to countries in North Africa to finance a series of key operations in a…
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Africa
AfDB approves US$ 696.41mln of financing for Burundi and Tanzania to build SGR
ABIDJAN, December 13, 2023– The African Development Bank [AfDB] has approved various financing structures valued at US$ 696.41 million for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo…
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