AfDB secures $11 billion for low-income fund despite missing goal
AfDB raised more than in the previous cycle but missed its $25 billion target amid US funding issues.
AfDB secures $11 billion for low-income fund despite missing goal Read More »
AfDB
African Development Fund to tap markets amid shrinking donor aid
The African Development Fund will begin raising $5 billion from capital markets every three years from 2027 as donor support, especially from the US, declines.
African Development Fund to tap markets amid shrinking donor aid Read More »
AfDB approves $108M loan to boost Zambia’s economy
The loan will also target the agricultural sector, promoting agro-industrial growth by advancing the Ministry of Agriculture’s mechanization strategy
AfDB approves $108M loan to boost Zambia’s economy Read More »
One-year ban for China road firm in Uganda
The African Development Bank banned a Chinese road builder for a year due to undisclosed commission agent use in bidding for a Ugandan road project.
One-year ban for China road firm in Uganda Read More »
African Development Bank commits $540M for agriculture in Nigeria
AfDB to allocate funds for special agro-industrial processing zones in 7 Nigerian states, aiming for economic transformation of rural areas
African Development Bank commits $540M for agriculture in Nigeria Read More »