African Development Bank to finance $500 million of Ethiopia’s new airport
The African Development Bank will contribute $500 million towards the financing of a new airport in Ethiopia - which is ...
Tag: African Development Bank
Burundi commissions first phase of $320 mln power project
Burundi on Wednesday commissioned the first phase of a $320 million hydropower project financed by lenders including the European Investment ...
Meet the people vying to lead Africa’s top development bank
Five candidates are running to become President of the African Development Bank in an election on Thursday during the lender's ...
AfDB expresses dissatisfaction with $210m Nigeria’s agro-industrial zones project – Report
The African Development Bank has expressed dissatisfaction over the slow progress of the first phase of Nigeria’s Special Agro-Industrial Processing ...
Malawi receives an insurance payout of $11.2 million for El Nino-linked drought disaster
The Malawian government has received an insurance payout of $11.2 million for a crippling El Nino-linked drought that led the ...
Nigeria secures $1.3 bln funding for rail link to Niger Republic
Nigeria has secured $1.3 billion in funding to complete a railway project connecting Kano, the largest city in the north, ...
South Sudan: AFDB and UNHCR partner to support refugees
The African Development Bank and the UN Refugee Agency have said they are partnering to support displaced people and their ...
AfDB to withdraw foreign workers from Ethiopia after assault
The African Development Bank (AfDB) will "immediately" withdraw all its international employees from Ethiopia following an assault on its workers ...
Gabon welcomes African Development Bank’s lifting of sanctions
The Gabonese government says the African Development Bank (AfDB) has lifted financial sanctions imposed on the country following the removal ...
African development experts optimistic despite gloomy global economic outlook
As the global financial outlook continues to look dimmer with a prolonged war in Ukraine, many African countries are bracing ...
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