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January 24, 2023
AfDB has suggested a series of fiscal and monetary policy interventions to stabilise economies and hasten recovery.
January 24, 2023
Farmers in Africa will need as much as $65 billion in loans annually to produce enough food to curb imports and cushion their economies from external shocks.


January 19, 2023
Africa's economic growth will stabilise at 4% over the next two years, and inflation will slow as the continent rebounds from a pandemic-induced slump and external shocks including the Ukraine war, according to the African Development Bank (AfDB). While Africa avoided some of the worst health impacts of the COVID-19 pandemic, many countries were hit hard by the economic fallout.
January 16, 2023
Works and Transport Minister Gen Katumba Wamala told Parliament that Uganda was treading carefully with China after detecting danger in Beijing’s “indecent proposal”
January 15, 2023
Of late, global economic growth has been moving at snail’s speed owing to several factors ranging from soaring interest rates, rising inflation, reduced investment, as well as supply disruptions occasioned by the Russo-Ukraine...
December 28, 2022
The African Development Bank (AfDB), through the African Leaders for Nutrition, the Nutrition CEO Council and the African Union Commission, convened a high-level discussion on the sidelines of the U.S.-African Leaders Summit,...
December 21, 2022
After the West African Development Bank (Banque Ouest Africaine de développement or BOAD), it is the turn of the African Development Bank (AfDB) to
December 21, 2022
The African Development Bank (AfDB) announced it has approved a loan of $15.64 million (about CFA9.6 billion) to Cameroon to help improve the
December 18, 2022
Adesina called on countries to develop pharmaceutical manufacturing industries on a national level to leverage the benefits of the foundation.
December 16, 2022
Kenya slid further in the latest Africa visa-friendly ranking, indicating increased difficulty for businesspeople and holidaymakers from the rest of Africa to visit the country.