AfDB, partners launch $5.2 million project to help catalyse diaspora investment in eight African countries
The African Development Bank , the African Union Commission (AUC), and the International Organization for Migration (IOM) have signed a…
Angola Drills Down on Investment Incentives, Local Content Support
Angola is leveraging industry-wide reform to not only attract new investments across its oil and gas industry but to unlock…
Ghana legend Asamoah Gyan meets Zanzibar president, set for sports collaboration
The meeting between Gyan and President Mwinyi is seen as a significant step towards leveraging sports as a tool for…
AfDB approves $8.6 million grant to boost non-oil revenue mobilization in South Sudan
The African Development Fund (ADF), the Bank Group’s concessional window, will provide $6.62 million, while $1.98 million will come from…
MultiChoice reports resilient performance while expanding its platform
MultiChoice Group demonstrated resilient operational performance for the year ended March 2024 (FY24), delivering a 26% trading profit margin in…
African Development Bank Appoints Dr. Léandre Bassole as Deputy Director General for East African Region
The Bank’s engagement in Guinea increased from $240 million in 2017 to $728 million in 2023 The African Development Bank…
AfDB strengthens transition states’ capacity for more productive, effective and transparent debt management
The African Development Bank Group has launched a series of training programmes to support 22 Transition or fragile states in…
Digital Earth Africa announces major advancement in the observation and monitoring of Africa’s waterbodies
Digital Earth Africa announces the launch of its innovative Waterbodies Monitoring Service. This service is a world-first developed in –…
AfDB, Ethiopia launch $94 million project to boost Climate Resilient Wheat Value Chain Development
The African Development Bank Group and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the…
Payroll integration is a business advantage. How do you make it happen?
Business silos have their purpose, but they are not effective. Connect the dots, and the results pay handsomely. This wisdom…
Bilioni 12 kutumika kukijanisha jiji la Dodoma
Serikali imesema kiasi cha shilingi Bilioni 12 kitatumika katika utekelezaji wa mradi wa kukijanisha jjiji la Dodoma ikiwemo kupanda miti…
Airtel Africa taps Network International for payments processing
Airtel Africa, a provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, announced today…
Uganda holds interest rates to calm inflation as the shilling steadies
The Bank of Uganda (BoU) held its benchmark interest rate at 10.25% on Tuesday, its monetary policy committee (MPC) said,…
Republic of Congo Participates in Historic Organization of OPEC Meeting, Production Cuts Extended into 2025
The Republic of Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua participated in two historic OPEC meetings on June 2, where…
AfDB Annual Report 2023: Effective delivery, operations and innovation build resilience and recovery for its African members post Covid-19
The Annual Report reports that Bank Group approvals for 2023 (UA 8.03 billion) were 30 percent higher than those for…
Netherlands bolsters Africa’s climate resilience with $27 million disaster financing pledge to AfDB
Representatives from the Kingdom of the Netherlands and the African Development Bank Group this week discussed further details of the…
2024 Annual Meetings: Africa’s Voice Needs to be Heard, Says AfDB President
African Development Bank President Dr Akinwumi Adesina says the world is changing and Africa needs to be at the table.…
Comoros, Djibouti, Somalia and South Sudan join $35 million AfDB climate disaster risk financing project
The African Development Bank Group Vice President for Agriculture, Human and Social Development joined finance ministers and representatives from Comoros,…
Children, greatest victims of Sudan’s war tragedy
Having lost numerous family members over the past year due to the devastating conflict in Sudan, Muaz Noureddine, a 15-year-old…
Protesting Nigerian workers shut down schools, airports over wages
Nigerian unions began an indefinite strike on Monday, closing schools and public offices, impacting airports and shutting down the national…
AfDB, Rwanda Sign Partial Credit Guarantee Agreement to Support Green and Social Initiatives
The African Development Bank and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda’s mobilisation…
Afreximbank, Arise IIP and Malawi, initiates construction of the “Magwero Industrial Park”
His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, President and Chairman Board of Directors of Afreximbank,…
The International Islamic Trade Finance Corporation (ITFC) Signs MoU on Business Cooperation with Qatar Development Bank
The International Islamic Trade Finance Corporation (ITFC) and Qatar Development Bank (QDB) have announced the signing of a Memorandum of…
Ubongo Sets New Standards in African Edutainment for the Next Decade
Ubongo, Africa’s children’s edutainment organization, is thrilled to unveil a vibrant new look for its acclaimed children’s program, Ubongo Kids.…
Ramaphosa says election results a wakeup call as S.Africans turn on ANC
The Electoral Commission of South Africa Sunday night announced official results that marked the start of a new era in…
Nigeria’s new anthem written by a Briton sparks criticism
Nigeria adopted a new national anthem Wednesday after lawmakers passed a law that replaced the current one with a version…
South Africa’s ANC loses its 30-year majority in landmark election
South Africa’s liberation party, the governing African National Congress, has lost its parliamentary majority for the first time after a…
Eritrea: Assessment Meeting on Progress of Agricultural Activities
The Ministry of Agriculture conducted an activity assessment meeting on 30 May in the port city of Assab. The meeting…
DRC Systems Gears Up to Empower Africa’s Digital Revolution at GITEX Africa 2024
DRC Systems, a premier IT solutions provider headquartered in Gandhinagar, India, is proud to be a participant in GITEX Africa…
Mastercard Foundation to host inaugural edtech conference in Abuja, Nigeria
The Mastercard Foundation, through its Centre for Innovative Teaching and Learning, is hosting its inaugural edtech conference from July 8–10,…
Another 10 civilians killed as M23 rebels, DRC army fighting rages on
Heavy fighting between the M23 rebels and the Congolese army on Thursday left at least 10 civilians dead. The fighting…
Our Continent Needs Good Entrepreneurs that are Willing to Drive Africa’s Future
Africa stands at the forefront of global youth demographics, boasting over 400 million individuals between the ages of 15 and…
Digital Transformation: a top-three priority for banks, says new report
The African Banking Digital Transformation Report, a collaboration between pan-African publication African Banker and Backbase, creators of The Engagement Banking…