Africa is richly endowed with human and natural resources and has made significant strides in economic growth, resilience and innovation. The continent has also advanced regional integration and trade ...

The Trump administration plans to slash $555 million in funding for the African Development Bank’s main development fund as part of sweeping cuts to foreign aid. Under a proposal submitted to the US ...

The countdown has begun. At the African Development Bank’s (AfDB) upcoming annual meetings on 26-30 May in Abidjan, Côte d’Ivoire, the name of Akinwumi Adesina’s successor will finally be known. He or ...

Home to 70% of the world’s poor, most of Africa‘s people are under 25. The continent’s youth are increasingly aware of the income and opportunity gap that separates them from others around the globe.

Even in the crowded corridors of Abidjan’s Sofitel Hôtel Ivoire, Bassirou Diomaye Faye is hard to miss. Senegal’s president, elected just over a year ago, was responding to an invitation from his ...

Samuel Munzele Maimbo, the Southern African Development Community (SADC) candidate for the African Development Bank presidency that becomes vacant next year, is one of the new breed of African finance ...

AfDB's African Development Fund hopes to start tapping capital markets in 2027 The African Development Bank arm lending to low-income countries will start raising $5 billion from capital markets every ...

Mauritanian Sidi Ould Tah became the ninth president of the African Development Bank (AfDB) on 29 May, winning 76.18% of the vote in the third round of the election by the bank’s governors. In 2015, ...

NAIROBI, May 29 (Reuters) - The African Development Bank will launch a carbon markets support facility for the continent, senior bank officials said on Thursday, to unlock finance for a region ...

ADDIS ABABA, Aug 11 (Reuters) - The African Development Bank will contribute $500 million towards the financing of a new airport in Ethiopia - which is expected to be Africa's largest when completed ...