AfDB launches $3b bond to fight Covid-19
The African Development Bank (AAA) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the...
ICD launches new website
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IsDB Group, which has mandate to develop the...
Philips, Netherlands in 7-year contract to build Ethiopia cardiac centre
Health technology firm Philips, Ethiopia and the Netherlands have signed an agreement that will see the firm build Ethiopia’s first specialised cardiac care centre...
Partners agree grant to support local fertiliser in Africa
On the sidelines of the African Development Bank Annual Meetings in Busan, Korea, the Fund for African Private Sector Assistance (FAPA) donors and the...
Adesina holds up Korea as model for Africa industrialisation
President of the African Development Bank, Akinwumi Adesina, has held up Korea as a model for Africa’s industrialisation.
Speaking at a breakfast meeting as the...
AfDB launches Investment Forum for Africa’s infrastructure development
By Ndidichukwu Odoh
The Africa Development Bank has launched the ‘Africa Investment Forum’ to mobilize private equity funds sovereign wealth funds and the private sector...
EIB, AfDB support Nigeria’s new development bank
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen...
ICD signs financing deal with 3 Nigerian banks
The Islamic Corporation for the Development of the Private sector (ICD) and has signed a $50 million financing agreement with three Nigerian banks.
It has...
Africa needs investment, not aids, says Adesina
The President of the African Development Bank Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock...
Africa commits to support youth, innovation
African Ministers and heads of delegations attending the third Forum on Science, Technology and Innovation (STI) in Africa in Cairo, Egypt have committed to...
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