AfDB’s top rating with stable outlook affirmed by Japanese agency
The African Development Bank's (AfDB) long-term rating has been affirmed at AAA with a stable outlook by the Japan Credit ...
Tag: AfDB
Infrastructure deficit affecting industrialisation progress in Africa – AfDB
The African Development Bank disclosed that Africa’s slow industrialization process is caused by issues ranging from poor infrastructure to low ...
FCMB empowers agribusiness, healthcare and others with AfDB’s $50m credit
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long ...
AfDB Group approves $6 million grant to kick off Desert-to-Power West Africa energy program
The West Africa Regional Program will contribute to the overall target of 10,000 MW of new solar generation capacity, providing ...
AfDB approves $50 million to FCMB for local, women-owned businesses in Nigeria
The AfDB has approved a loan of $50 million to Nigeria’s FCMB to channel to local enterprises and women-empowered businesses.
AfDB says risk of debt defaults is increasing in Africa
At least, 24 African countries had applied for the Paris Club–led Debt Service Suspension Initiative.
AfCFTA: African Development Bank to spend $2 billion on infrastructure
The AfDB has stated that it will spend the sum of $2 billion in the next 3 years to support ...
$430 million Enugu-Cameroon highway to be ready before end of 2021 – AfDB
The AfDB has stated that the $430 million highway connecting Enugu to Bamenda in Cameroon will be completed before the ...
G7 Development Finance Institutions to invest $80 billion in Africa – AfDB
The G7 DFIs have announced a commitment to invest $80 billion in Africa’s private sector to support sustainable economic recovery.
AfDB to launch 5-year Strategy for Economic Governance in Africa
The strategy will serve as the Bank’s operating manual for fostering public sector effectiveness at national and sub-national levels.
