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Tag: AfDB
AfDB forecasts 2.3 growth rate for Tunisia over 2023-2024 period
Tunisia will witness a 2.3 per cent economic growth rate in 2023 and 2024, the African Development Bank (AfDB) announced Wednesday, as it presented its ... Read More
AfDB loans partial credit worth $345 million for green, social projects
The African Development Bank Group, AfDB, has greenlighted a partial credit guarantee of $345 million to Egypt for the financing of green and social projects, ... Read More
Africa agribusiness set to become $1 trillion ‘new oil’ industry by 2030 — AfDB
Africa’s agribusiness sector is expected to grow to become a $1 trillion industry by 2030, participants at a recent Africa Investment Forum (AIF) have concluded, ... Read More
Morocco, second largest industrial powerhouse in Africa- AfDB
The African Development Bank AfDB ranked Morocco the second largest industrial country in the African continent with a narrow margin behind South Africa. Moroccan industrial ... Read More
Burkina Faso, AfDB ink financing agreements of six projects
Burkina Faso and the African Development Bank (AfDB) signed Monday 10 agreements for financing six projects in the West African country to the tune of ... Read More
Africa must combat illicit trade in natural resources — reports
To protect its abundant natural resources, African countries need to make concerted efforts to combat illicit resource trade, according to reports from the African Development ... Read More
Feed Africa Summit: AfDB to commit $10 billion to make continent the breadbasket of the world
The African Development Bank Group will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary ... Read More
Africa: A 4% growth rate in 2023, outpacing IMF’s global forecast — AfDB report
The African Development Bank predicts the continent’s growth will be stronger-than-expected at 4% this year. Its cautiously optimistic economic outlook is partly based on the ... Read More
Morocco Contributes $5 Mln to African Development Fund
Morocco has contributed $5 million to the African Development Fund (ADF), which provides concessional funding for projects, technical assistance for studies and capacity-building activities in ... Read More
Morocco backs replenishment of AfDB’s concessional financing fund
Morocco will make a contribution to replenish the African Development Fund, a concessional funding window of the African Development Bank. “The decision reaffirms Morocco’s willingness ... Read More