Tag: AfDB
African Development Bank names top 10 public service champions
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
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
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
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
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
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
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
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
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
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