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Development Banks Project $610m to Combat Africa’s Climate Threat

Development Banks Project $610m to Combat Africa’s Climate Threat The African Development Bank and the Islamic Development Bank are pooling a $610m joint initiative to combat climate-driven fragility and bolster resilience in Africa’s most vulnerable regions, particularly the Sahel and Horn of Africa. The announcement was...

AfDB Launches $2.95bn Five Year Strategy for Nigeria

THE African Development Bank (AfDB) has launched a new five-year Country Strategy Paper (CSP) for Nigeria, marking a significant commitment to support the country’s development priorities amid concerns about the historical inconsistency in national planning.

AfDB Provides $650m Annual Economic Boost to Nigeria

AfDB Provides $650m Annual Economic Boost to Nigeria   The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, committing about $650m annually between 2025 and 2030 to drive economic transformation, build resilience, and foster broad-based prosperity. The Bank disclosed this in...

Africa Must Stop Buying What it Already Has, By Sidi Ould Tah

Africa Must Stop Buying What it Already Has Sidi Ould Tah Pull Quote: The future is still ours to claim. But it will not be given. It must be built – by Africans, for Africans, with partners who respect our agency and match our ambition. Across...

What Ould Tah’s Tenure at BADEA Reveals About His AfDB Candidacy, By Jide Akintunde

What Ould Tah’s Tenure at BADEA Reveals About His AfDB Candidacy By Jide Akintunde Pull Quote: For the AfDB to remain credible in the evolving development finance environment, as it has successfully done under the outgoing President Akinwumi Adesina, it will require a leadership that...

AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures

AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures President of the African Development Bank Group (AfDB), Akinwummi Adesina, has warned African countries not to impose retaliatory tariffs against the United States’ Government, as such an action could only bring disaster to their economy. Adesina...