Monday 28 November 2022

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AfDB president: Roses of growth come with debt thorns

Dr Akinwumi Adesina has told an audience in New York that huge opportunities for growth in Nigeria and Africa risk being held back by debt and climate change. 

AfDB provides Desert to Power training in Chad

African Development Bank (AfDB) has provided financial modelling training to staff of the government of Chad as they prepare the national utility for Desert to Power interventions in the country. 

AfDB appoints acting vice president of regional development

Marie-Laure Akin-Olugbade, née Ndongo-Seh, takes responsibility for regional development, integration and business delivery complex.

Could Africa solve climate change?

At the recent US-Africa Business Summit, the AfDB president called for investment in Africa not to help Africa, but to solve the world’s net zero challenge. So, how crucial could Africa be in tackling climate change?

Multilateral development banks top aid transparency rankings

The 2022 Aid Transparency Index reports a gradual improvement across many organisations as it names the AfDB, World Bank, ADB and IDB the most transparent. 

AfDB president calls on Europe to harness African energy

As EU nations return to coal amid concerns about Russian gas, Dr Akinwumi Adesina points out great energy opportunities in Africa if finance can be raised. 

AfDB: $125m for Tanzanian water project

The African Development Bank and the Tanzanian government have signed a $125.2m loan agreement he Dodoma Resilient and Sustainable Water Development and Sanitation Program (Phase I).

AfDB’s VP Mateus Magala joins Mozambique government

The African Development Bank (AfDB) has announced two new vice presidents as their VP of human resources and corporate services becomes minister of transport for Mozambique.

AfDB backs 1,500MW Mozambique hydro plant

African Development Bank signs agreement with Gabinete de Implementação do Projecto Hidroeléctrico de Mphanda Nkuwa to provide advisory services for $4.5bn Mphanda Nkuwa project.

AfDB’s Lamin Barrow: Infrastructure faces “huge financial gap”

Lamin Barrow, the African Development Bank’s director general for its Nigeria Country Department, has told Africa’s infrastructure industry that there is a financing gap across the continent of almost $100bn per year.
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