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AfDB boosts Somalia’s revenue and expenditure with $13.3 million loan

The African Development Bank has taken another step towards supporting the economic development of Somalia by approving a $13.29 million loan. The funding will be...

AfDB pledges to ignite economic growth and innovation in Eritrea

The African Development Bank has pledged its support to ignite economic growth and innovation in Eritrea. Dr. Akinwumi Adesina, the President of AfDB, recently...

Kenya seeks $150 million loan from AfDB to power up homes

Kenya is seeking to secure a loan of $150 million from the African Development Bank to continue its efforts to power homes with electricity. This...

How the AfDB is Funding Progress in Africa

The African Development Bank (AfDB) is a major source of funding for progress across the African continent. Established in 1964 by 23 African nations...

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