Economic Development
African Development Bank and OCP Group provide $188 million for green investment in Morocco
$150 million from the African Development Bank, $18 million from the Canada – African Development Bank Climate Fund and $20...
Read moreDetailsKenya: African Development Bank Adopts New 5-yr Plan to boost growth and human development
NAIROBI, Kenya, 7 February 2024, /African Media Agency/-The Board of Directors of the African Development Bank Group on 14th December 2023...
Read moreDetailsPress Release: 2024 U.S.-Africa Business Summit: Partnering for Sustainable Success; Celebrating MCC’s 20 Years of Poverty-Reducing Development
WASHINGTON, DC, USA, 6 February 2024, /African Media Agency/-The Corporate Council on Africa (CCA) is proud to announce that the...
Read moreDetailsItaly announces $6 billion plan to strengthen partnership with Africa at Italy-Africa Summit
ROME, Italy, 31 January 2024 -/African Media Agency(AMA)/-The government of Italy unveiled a near US$6 billion plan to support African development at...
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FG Increases Burden On Bank Customers, Extends EMTL To Foreign Currency Transactions
Customers of banks who have been reeling under the burden of different charges and levies are to brace...
Read moreDetailsAfrican Development Bank and ICIEC Partner to support financing of ESG Projects in Côte d’Ivoire with EUR 194 million insurance support
ABIDJAN, Côte d’Ivoire, 14 December 2023 -/African Media Agency(AMA)/-The African Development Bank Group and The Islamic Corporation for the Insurance of Investment...
Read moreDetailsAfrican Economic Conference 2023 ends with a call to African countries to invest in regional value chains to facilitate industrialization
L-R: Adam Elhiraika, Director, Macroeconomics and Governance Department, ECA; Kevin Urama, Chief Economist and Vice President, AfDB; Matthias Naab, Director,...
Read moreDetailsCOP28: Africa could lose $25 billion per year as new EU carbon tax comes into effect, warns African Development Bank’s Adesina
ABIDJAN, Côte d’Ivoire, 7 December 2023 -/African Media Agency(AMA)/- African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon...
Read moreDetailsKenya: African Development Bank commits more than €101 million to boost access to electricity
The Last Mile Connectivity Project – Phase III, which will be implemented over six years (2024-2029), will provide electricity for...
Read moreDetailsThe African Development Bank, Libya strengthen cooperation, sign funding agreements
TRIPOLI, Libya, le 27 November 2023 -/African Media Agency(AMA)/The African Development Bank has signed three technical assistance grant agreements with...
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