Multilateral development banks are plugging financing gaps in Africa

The African Development Bank, World Bank, and New Development Bank could be the lenders supporting African nations through ...
Business in Cameroon

AfDB-Cameroon Talks Target Faster Road Builds as FCFA 887 billion Transport Portfolio Comes Under Review.

Cameroon and the African Development Bank (AfDB) have agreed on a series of measures to improve the performance of jointly ...
Business and Financial Times on MSN

Gov’t signs US$12.83 million AfDB grant agreement

The Minister for Finance, Dr. Cassiel Ato Forson, has signed a US$12.83 million grant agreement with the African Development Bank (AfDB) to finance feasibility studies and design development for major ...
Hosted on MSN

African Development Bank says it plans $1.78 billion financing for Namibia

JOHANNESBURG, Dec 4 (Reuters) - The African Development Bank plans $1.78 billion of financing for Namibia over the next few years, backing projects in sectors such as transport, energy and water, a ...
Club of Mozambique

Mozambique: African Development Bank approves $150 million for Coral North Floating LNG project

The Board of Directors of the African Development Bank approved on 14 January a $150 million senior loan to support the ...
Naija Gist - Latest

Integrity in Development Projects: The African Development Bank debars Sieyuan Electric and Subsidiaries for Fraud

In 2015, Sieyuan participated in a tender for the upgrade and rehabilitation of two substations, a component of the Bank-financed Scaling Up Energy Access Project in Rwanda. An investigation conducted ...
Sudan Tribune on MSN

African Development Bank allocates nearly $400 million for Sudan

January 26, 2026 (PORT SUDAN) – The African Development Bank (AfDB) has allocated $379.6 million for Sudan to fund projects in water, health, and agriculture, the Ministry of Finance said on ...
Hosted on MSN

Congo and African Development Bank collaborate to enhance project performance

KINSHASA - In a significant step towards advancing the Democratic Republic of Congo's (DRC) development agenda, the government has partnered with the African Development Bank Group (AfDB) to implement ...
Business Daily Africa on MSN

TVETs lose Sh335m AfDB projects cash over delays

The African Development Bank (AfDB) has cancelled Sh335 million funding for a major upgrade project for Kenya’s technical and ...
AllAfrica on MSN

Kenya Explores New Development Financing Options With China for Infrastructure Projects

Foreign Affairs Principal Secretary, Korir Sing'oei, held high-level discussions with senior Chinese finance officials to explore innovative development financing options for Kenya's flagship ...
Nairametrics

Islamic Development Bank to fund $163 million solar project in Niger State

The Islamic Development Bank (IsDB) is set to fund a $163 million solar electrification project in Niger State, aimed at ...
The Africa Report

Sidi Ould Tah elected president of the African Development Bank with large majority

It took just three rounds of voting to narrow down the field of five candidates. In the end, Sidi Ould Tah (76.18%) beat out Zambia’s Samuel Maimbo (20.26%) and Senegal’s Amadou Hott (3.55%). He thus ...