The bank is pushing to tap Africa’s own financial resources to plug what it estimates is a US$400 billion annual development financing gap.

Nigerian and other African labour unions have rejected the AfDB, and World Bank-backed “Mission 300” electricity initiative ...

World Bank Group, African Development Bank initiative could halve the number of people in Africa living without electricity access WASHINGTON, April 17, 2024 – The World Bank Group and African ...

African Development Bank Group and World Economic Forum Partner to Unlock Investments in Africa’s Frontier Markets ...

The African Development Bank Group's five-day Annual Meetings in Brazzaville, concluded on Friday 29 May 2026 with the Board of Governors strongly endorsing President Dr Sidi Ould Tah's mandate to ...

We are supporting efforts to end poverty on a livable planet, investing in stronger economies, energy access, and more resilient communities. In fiscal year 2024—which covers July 1, 2023 to June 30, ...

Development finance has evolved over the past decades, and is poised to undergo significant changes in the years ahead. What lessons from the past can help shape a stronger, more resilient global ...

By Muyid Deen SulemanTepa (Ash), May 30, GNA – The Development Bank Ghana (DBG) has distributed 10,000 sanitary pads to ...

The Federal Government has cancelled $717.7m in undisbursed World Bank intervention financing designed to revive Nigeria’s ...

The World Bank Group’s Annual Conference on Development Economics—ABCDE—is a 36-year-old forum to stimulate an exchange of ideas between leaders in global ...

By Andrea Shalal WASHINGTON, May 14 (Reuters) - World Bank chief economist Indermit Gill will retire at the end of August, the multilateral development bank's president, Ajay Banga, told staff in a ...