Tag: AfDB

African Development Bank names top 10 public service champions

July 1, 2025

The African Development Bank unveiled its inaugural Public Service Delivery Index, revealing that most African countries struggle to provide quality public services, with the continent ... Read More

AfDB provides Morocco over €300 Mln to enhance economic competitiveness & climate change resilience

July 1, 2025

The African Development Bank (AfDB) has approved a financing package of over €300 million for Morocco to support entrepreneurship, job creation, and climate resilience. The ... Read More

AfDB pioneers carbon markets facility to propel climate finance

June 1, 2025

In a decisive stride towards climate resilience, the African Development Bank (AfDB) announced plans to establish a dedicated Carbon Markets Support Facility aimed at galvanizing ... Read More

AfDB’s stormy forecast: 21 African currencies set to weaken against U.S. dollar in 2025

May 29, 2025

A new report from the African Development Bank (AfDB) warns that 21 out of 54 African currencies are projected to depreciate against the U.S. dollar ... Read More

AfDB expects Morocco’s growth to reach 3.9% in 2025

May 28, 2025

Morocco’s economic growth is expected to increase from 3.2 % in 2024 to 3.9% in 2025, driven by robust domestic demand, particularly by investment, the ... Read More

Tariff tensions trim Africa’s 2025 growth forecast, warns AfDB

May 28, 2025

Africa’s economic growth is expected to hit 3.9% in 2025, up from 3.3% in 2024, but still lower than previously projected, according to the African ... Read More

Race to lead AfDB heats up as Adesina’s tenure nears end

May 28, 2025

As Akinwumi Adesina prepares to step down after a transformative decade as President of the African Development Bank (AfDB), five candidates from across the continent ... Read More

Morocco sets water engineering standard for Africa – AfDB

May 21, 2025

Morocco has established a new civil engineering benchmark for Africa with the groundbreaking perforation of the Al Massira dam, addressing increasing water stress in the ... Read More

AfDB champions regional corridors for AfCFTA economic integration and growth

March 30, 2025

The African Development Bank (AfDB) has reaffirmed its commitment to fostering regional integration through the development of key infrastructure corridors across the continent. AfDB chief ... Read More

Russia’s agri exports to Africa surge in 2024, boosting Kremlin’s influence

March 15, 2025

Russia significantly boosted its agricultural exports to Africa in 2024 by 19%, reflecting the country's growing economic influence across the continent amid the continuing war ... Read More

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