AfDB President criticizes opaque loans tied to Africa’s… Mercy Aboagye Mar 13, 2024 0 The head of the African Development Bank is calling for an end to loans given in exchange for the continent’s rich…
AU endorses establishment of African Investment Bank; Libya… Mercy Aboagye Feb 22, 2024 0 The African Union has endorsed the establishment of an African Investment Bank. The proposal to establish an…
Tanzania: AfDB unveils trade finance transaction guarantee… Mercy Aboagye Dec 20, 2023 0 The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee…
AfDB partners ECOWAS to boost subregional electricity market… Mercy Aboagye Dec 18, 2023 0 The African Development Bank (AfDB) Group is partnering with the Economic Community of West African States…
COP28: Africa could lose $25 bn per year as new EU carbon… Mercy Aboagye Dec 8, 2023 0 African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could…
COP 28: AfDB commits $1 billion insurance facility to… Mercy Aboagye Dec 4, 2023 0 The African Development Bank Group has presented its planned $1 billion facility to provide insurance to more than…
AfDB with other multilateral development banks commit to… Mercy Aboagye Dec 4, 2023 0 Multilateral development banks attending the 2023 UN Climate Change Conference (COP 28) today affirmed their…
Germany pledges 4 billion Euros in Africa’s green energy:… Mercy Aboagye Nov 23, 2023 0 The government of Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. German…
Projected $57trn electric vehicle market depends on Africa,… Mercy Aboagye Nov 9, 2023 0 Akinwumi Adesina, president of African Development Bank (AfDB) Group, has said the future of the electric vehicle…
G7, AfDB, and AFC join forces for a $600bn trans-African… Mercy Aboagye Nov 6, 2023 0 The United States and the European Union have collaborated with the African Development Bank (AFDB) and…
AfDB, EBID sign loan agreement for $50m and €50m to enhance… Mercy Aboagye Oct 10, 2023 0 The African Development Bank (AfDB) Group and the ECOWAS Bank for Investment and Development (EBID) have signed an…