HomeTagsAfrican Development Bank

African Development Bank

News

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...

Esther Jazmine - October 6, 2023

Corruption

AfDB’s $55 million anti-corruption fund languishes for seven years

The African Development Bank has come under fire for its failure to activate a $55 million integrity fund, which was established seven years ago...

Ericson Mangoli - August 14, 2023

Economy

Rwanda set to soar: AfDB projects highest GDP growth in East Africa

Rwanda, a small landlocked country in East Africa, is poised for impressive economic growth in the coming years. According to a recent report by...

Ericson Mangoli - August 7, 2023

Development

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...

Ericson Mangoli - April 5, 2023