Africa Investments 

Samia Ben Abdallah, the Tunisian entrepreneur who dreams of conquering the world with her AWA leather goods brand

Methodical, thoughtful and rigorous, Samia Ben Abdallah Ben Khalifa never rushes into anything. In 2019, the graduate of the National School of Architecture and Urban Design in Tunis launched her own business: AWA, for “Architect with Artisan”, a line of leather goods and various accessories. African Development Bank Group Read More
Africa Investments 

African Development Bank organises training to bolster public capacity for debt management

The African Development Bank Group has provided training on debt reporting, management and sustainability in Africa to financial sector experts drawn from several member countries. The training, the fifth, formed part of executive series organized quarterly by the African Development Institute’s Public Finance Management Academy to strengthen the leadership skills and technical capacities of public finance managers. About 110 participants… Read More
Africa Investments 

A development banker’s dream: African Development Bank Vice President Solomon Quaynor witnesses first-hand life-changing impacts of Africa-focused…

African Development Bank Group Vice President Solomon Quaynor has concluded a tour of Export Trade Group (ETG)’s southern Africa operations, signalling the potential for stronger partnership with the agribusiness giant to boost livelihoods on the continent. Mr Quaynor, responsible for Private Sector, Infrastructure and Industrialisation, and four others from the Bank, visited ETG’s operations in Mozambique, Malawi, Zambia and Zimbabwe… Read More
Africa Investments 

African Development Bank Group reports successful progress on Burundi’s Country Strategy Paper implementation despite economic and climate challenges

The African Development Bank Group has expressed satisfaction with the implementation of its Country Strategy Paper (CSP) for Burundi for 2019-2023 based on an evaluation by a Bank team led by country representative Pascal Yembiline. Approved in 2019, the CSP helped Burundi mitigate fragility and build resilience through two main pillars: support for the development and transformation of agriculture, and… Read More
Africa Investments 

India commits $2 million as new partner in Africa Digital Financial Inclusion Facility to boost digital financial inclusion across Africa

The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI), housed and managed by the African Development Bank, affirming its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa. Globally recognised for the success of its digital public payments system that has transformed… Read More
Africa Investments 

2023 West Africa Economic Outlook: region’s economic growth falls but medium-term forecast suggests return to level above 4%

West Africa experienced slower economic growth over the past year except for Cabo Verde, The Gambia, Guinea, Mali, and Niger, according to the African Development Bank’s 2023 West Africa Economic Outlook report. Launched on Thursday 27 July, the report assessed the economic performance of 15 West African countries, namely: Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea,… Read More
Africa Investments 

East Africa Regional Economic Outlook 2023: Mid-term growth for East Africa region projected highest on the continent for 2023-4

East Africa will register the highest regional economic performance on the continent in 2023 and 2024, with growth figures at over 5 percent, according to the newly published African Development Bank 2023 East Africa Economic Outlook. The report, launched on Thursday 27 July, projects mid-term economic growth in the region to accelerate to 5.1% in 2023 and 5.8 % in… Read More
Africa Investments 

Global icons Akinwumi Adesina, Ngozi Okonjo-Iweala, and Amina Mohammed receive prestigious Nigerian diaspora awards

African Development Bank Group President Dr Akinwumi Adesina has been honoured by the Nigerians in Diaspora Commission (NIDCOM) with the prestigious National Diaspora Merit Award in recognition of his selfless service and contributions as a Nigerian Diaspora Global Icon. Other recipients in the Global Icon category are United Nations Deputy Secretary General Amina J. Mohammed, and Director General of the… Read More
Africa Investments 

African Development Bank, UN Environment Programme, partner to drive implementation of Kunming-Montreal Global Biodiversity Framework in Africa

The African Development Bank is joining forces with the United Nations Environment Programme to advance implementation of the Kunming-Montreal Global Biodiversity Framework in Africa (KMGBF). The framework sets out an ambitious pathway to reach the global vision of a world living in harmony with nature by 2050. The African Development Bank and UNEP will partner to establish an Expert Group… Read More