The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, December 11 a US $20 million Trade Finance Line of Credit for the Company for Habitat and Housing in Africa/Shelter Afrique (SHAF) to boost the availability of Trade Finance (TF) instruments to small and medium...

The African Development Bank (AfDB) has signed a loan agreement for US $21.34 million, together with a grant agreement protocol for the sum of $7.56 million. Both agreements relate to the program to support improving youth employability and integration, approved by the Bank’s Board of Directors on...

Africa is at a turning point. Many countries have achieved high growth rates over the past decade, and many aspire to structural transformation, but the good performance has not translated into significant poverty reduction and shared prosperity. It has yet to provide low-income households and...

A new publication, Financial Inclusion in Africa, released on Monday, December 9 by the Complex of the Chief Economist of the African Development Bank (AfDB) finds that for sustained and inclusive development to thrive, a great deal of innovation is needed to ensure that appropriate financial...

The Republic of Turkey participated in the African Development Bank Group’s Board Meetings for the first time last week in Tunis, following the country’s admission as the 26th State Participant in the African Development Fund and the 78th Member State of the African Development Bank. “Our...

The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB), on Monday, December 9 announced the official launch of the redesigned AFMI website: www.africanbondmarkets.org . The website displays new features including a mobile-friendly interface. AFMI also used...

Thirty-two times. Indeed, the initials “AfDB”, for African Development Bank, appear 32 times in the report entitled “Un partenariat pour l’avenir: 15 propositions pour une nouvelle dynamique économique entre l’Afrique et la France” (“A partnership for the future: 15 proposals for a new economic...

Donald Kaberuka, président de la Banque africaine de développement (BAD), a lancé un vibrant appel aux chefs d’Etat réunis à Paris, dans le cadre du Sommet de l’Élysée, pour soutenir la nouvelle initiative de la BAD qui entend mobiliser des ressources, le fonds Africa50. « Le déficit dans le...