African Development Bank

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AfDB calls for global response as second cyclone hits Southern Africa

The African Development Bank has called for urgent global action in the wake of a second cyclone to hit the southern Africa coastal region in six weeks.
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How can Southern Africa diversify to ensure future growth?

Senior Deputy Editor, Chantelle Kotze, unpacks the African Development Bank's 2019 macroeconomic performance and prospects.
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AfDB makes case for increased investment in Africa

The President of the African Development Bank, Akinwumi Adesina, says, “It is time to turn around the declining investments of the U.S. in Africa."
Southern Africa

Southern Africa’s economy recovers slowly but surely

Gross Domestic Product (GDP) in the Southern Africa region will grow by around 2.2% in 2019, up from 1.2% in 2018, according to the African Development Bank’s Southern Africa Region 2019 Economic Outlook launched on 3 April 2019.
Africa

The future of Europe lies in Africa

“Africa is a continent of great change and opportunities. However, Europe finds it difficult to understand that its future lies in the South.
African Development Bank

African Development Bank boosts business opportunities

The African Development Bank closed the first regional Business Opportunity Seminar, an initiative to enhance private sector participation in key sectors.
mining indaba

Financial institutions pledge to increase investment in Africa

Major Development Finance Institutions have agreed to join forces to help boost private investments in developing economies, particularly those in Africa.
finance

US$100 million for project finance in Africa

The African Development Bank and the Industrial Development Corporation of SA have signed a US$100 million loan to finance infrastructure projects.
Walvis Bay

Walvis Bay Port expansion could see capacity increase to 1,005,000 TEUs

Walvis Bay is Namibia's largest commercial port and serves as the logistical backbone for several industries in the southern African country.
gold

African Development Bank supports Tanzania’s economic reform

Tanzania’s ongoing macroeconomic reform programme has received a boost from the African Development Bank through a US$40- million budget support loan.

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