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AfDB board writes off Sudan’s $413m debt arrears as country, after 30-yr misrule, opening into global economic geopolitics

27 Apr, 21

Ben Eguzozie, in Port Harcourt War-harried Sudan has…

Egypt secures US$ 114 million financing package for largest solar plant

23 Apr, 21

Funding comes from a consortium of lenders including European Bank…

Commitment to regional integration imperative for Africa’s development, ARII report says

19 Apr, 21

Latest edition of the ARII repot calls for concerted effort…

Egypt secures €145 million loan from AfDB for upgrade of its national rail line

6 Apr, 21

Funding to be used to enhance network capacity and…

Nigeria, other AfDB regional shareholders to benefit from CA$133 million Canada climate fund

23 Mar, 21

…Fund to be administered by AfDB …To finance climate change…

AfDB commits $530 million in funding to power transmission in Angola

16 Mar, 21

The project once operational in 2023 will mitigate the nation's…

AfDB projects Nigeria’s GDP to grow by 1.5%, W/A by 2.8% and Africa by 3.4% in 2021 if modest fiscal stimulus is sustained

16 Mar, 21

Says counterbalancing forces will keep inflation muted over the medium…

Africa’s 2021 growth prospects bullish, despite COVID-19 constraints, debt burden – AfDB

14 Mar, 21

…Continent’s GDP to grow by 3.4% …But govts need $154bn…

Stiglitz, Economics laureate urges global plan for African growth rebound

14 Mar, 21

…As continent’s debt climb 70% of GDP …We want comprehensive,…

AfDB announced as 2021 World’s Best Multilateral Financial Institution

10 Mar, 21

As rating agency S&P Global confirms the banks's AAA/A-1+ foreign issuer…

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