The global recovery is bypassing the poorest countries

By Indermit Gill &Akihiko Nishio The global economy is booming—or so it might seem. Global growth is surging again, only a year after COVID-19 triggered the...

88 million people have slipped into extreme poverty

Time to go big: Promoting an equitable economic recovery

Gunmen attack Benue IDP camp, kill 6

Gunmen early hours of Tuesday killed six people in an attack on a camp for internally displaced people in Abagena, along Makurdi-Lafia highway in...

Japan, AfDB sign $668m loan agreement for investment, industrial development

The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group – on...

UN “horrified” at Boko Haram killing of 5 aid workers

The United Nations says it is “utterly shocked and horrified” by the killing of five aid workers kidnapped on Maiduguri-Mungonu road in Borno last...

Harnessing Africa’s youth workforce could speed up post-Covid-19 recovery

West Africa’s burgeoning youth population offers a strategic workforce which can be harnessed for employment and economic growth, despite a COVID-19 pandemic that is...

AfDB joins Nasdaq Sustainable Bond Network

Nasdaq on Wednesday announced the inclusion of the African Development Bank, one of the world’s largest issuers of social bonds, in the Nasdaq Sustainable Bond Network (NSBN).

UN condemns attacks on Borno civilians, humanitarian hub

The Humanitarian Coordinator in Nigeria, Edward Kallon, has condemned the violent attacks by non-state armed groups in Monguno and Nganzai local government areas of...

AfDB approves $288.5m for Nigeria COVID-19 Response Support Program

  The Board of Directors of the African Development Bank (AfDB) has approved a $288.5 million loan to help Nigeria tackle the COVID-19 pandemic and...
African Development Bank President, Akinwumi Adesina

I’ve not violated AfDB code of ethics, Adesina hits back at allegations

President of the African Development Bank, Akinwumi Adesina, has reacted to allegations that he violated the bank’s “code of ethics”. In a statement on Wednesday,...

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