The economic reforms rolled out by President Bola Tinubu’s government since May 2023 have boosted the country’s economy, the Africa Development Bank (AfDB) has said. According to its African ...

The African Development Bank (AfDB) has predicted that the naira and several other African currencies will depreciate in 2025 and 2026 AfDB projected that the naira would lose six per cent of its ...

The African Development Bank (AfDB) has on Monday kicked off its annual meeting that will see Africa’s multilateral lender pick a new president at a time when the continent’s biggest ...

The second term of the president of the African Development Bank is coming to an end. Akinwumi Adesina points out that, in 10 years, the AfDB has supported projects benefitting half of the continent’s ...

Arab Finance: The African Development Bank (AfDB) is planning to provide a partial credit guarantee (PCG) worth $400 million, or its equivalent in Japanese yen, to support Egypt's upcoming issuance of ...

President John Mahama has joined fellow African leaders at the 60th Annual Meeting of the African Development Bank (AfDB), currently underway in Abidjan, Côte d’Ivoire. During a panel ...

The African Development Bank (AfDB) will on Thursday vote in its new president for a five-year term. The winner will succeed Nigeria’s Akinwumi Adesina, whose two five-year terms end in September.

The Mauritanian candidate was elected president of the AfDB just after three rounds. Which countries swung the vote and how did the day unfold? Observers had expected a lengthy day and multiple voting ...

Dr Akinwumi Adesina, outgoing President of the African Development Bank (AfDB) says hundreds of millions of lives were directly impacted during his 10-year stewardship of the regional development ...

At the backdrop of growing global financial market volatility, the African Development Bank (AfDB) has projected that the naira will depreciate by at least 6% between 2025 and 2026. The projection ...

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NAIROBI, May 27 (Reuters) - Africa's economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African Economic Outlook report on Tuesday, quickening ...