Page 11 - Afdb News Today

The DMO said additional promissory notes would be issued in the course of the year, along with new borrowings by state governments, which would further increase the public debt stock.

African leaders, yesterday, faulted the global financing architecture that is plunging several African countries into debt trap amid biting socioeconomic realities.

President Mnangagwa is expected here today to join over 3 000 delegates who include Heads of State and Government, central bank governors and members of the dev...

Major stakeholders on the African continent have converged in Sharm El Sheikh, Egypt for African Development Bank (AfDB) Group’s Annual Meetings.

"The African Development Bank has moved to fast-track Zimbabwes $3.5 billion compensation to white farmers whose land was seized under former president Robert ...

FDB signs $7m loan guarantee agreement with ADF

THE African Development Bank (AfDB) says it is working on a financial instrument to fund the US$3,5 billion needed to compensate white former commercial farmers...

Zimbabwes upcoming presidential election and compensation of white farmers whose land was seized two decades ago are key to efforts to restructure its crippling debt, the African development bank chief said Monday.

The World Federation of Diamond Bourses (WFDB) has partnered with the Natural Diamond Council (NDC) to provide financial support for upcoming marketing campaigns.

Organisation plans to increase food production by 1.5 million metric tonnes of cereals