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Tag: Akinwumi Adesina
AfDB warns of linking African loan payment to critical resources
Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals, which helped countries like China control ... Read More
ADB urges Japanese companies to invest more for ‘promising returns’ in Africa
There is growing interest in Japan by the government, parliamentarians, mega companies and startups to invest more in Africa, as a delegation from the African ... Read More
Energy-deprived Africa has a right to use its natural gas reserves — AfDB chief Adesina
Warning the continent has 600-million people in energy poverty, the right of African countries to use their natural gas reserves should be reflected in any ... Read More
Desert to Power initiative to light up the Sahel countries “showcased” at COP27
Launched in 2019 by the African Development Bank Group (AfDB) and its partners, the Desert to Power initiative to increase solar generation capacity to provide ... Read More
AIF 2022 attracts record investment pledges, but fails in solving Africa’s infrastructure paradox
This year's African Investment Forum (AIF), the continent’s premier investment platform, attracted a record $63.8bn in investment pledges for infrastructure projects, but experts warn of ... Read More
Morocco, AfDB Cooperate to Develop Renewables in Africa
Morocco’s renewable energy agency (MASEN) and the African Development Bank (AfDB) agreed to join forces to develop renewable energies in Sub-Saharan Africa. “The goal of ... Read More
Africa gets 85% of Morocco’s Foreign Direct Investments, AfDB
The African Development Bank (AfDB) commended Morocco’s commitment to economic development in Africa, saying that the Kingdom gears 85% of its foreign direct investments to ... Read More