The Boards of Directors of the African Development Bank Group has approved, on 10 December 2025, the diversion of $98 million ...

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 ...

Ned Rauch-Mannino was a Visiting Fellow for The Heritage Foundation’s Douglas and Sarah Allison Center for National Security. MDBs can be a strategic soft power tool in support of America’s “peace ...

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 ...

Roughly 600 million people in Sub-Saharan Africa lack access to electricity. The World Bank Group, together with the African Development Bank, has committed to providing access to electricity to 300 ...

The Board of Directors of the African Development Bank Group has approved new financing of $29.85 million for Rwanda's Centre of Excellence for Biomedical Engineering and e-Health Project Phase II, a ...

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 ...

of bonds backed by loans it gave companies across the developing world, part of its efforts to lure more institutional investors to regions where borrowers have a harder time raising cash. The ...

By Camillus Eboh ABUJA, Jan 27 (Reuters) - Nigeria's Niger State government will work with the Islamic Development Bank to develop a $163 million solar electrification project to increase power supply ...