The same European and US institutions then reinvest the same capital back to Africa at a high return for themselves. They ...

African banks quietly consolidate their footprints, foreign capital is becoming hyper-selective and deeply risk-averse.

The African Development Bank Group and Libya's National Economic and Social Development Board have concluded a first workshop to advance efforts to ensure national investments of countries support ...

Investment deals and international partnerships set the pace for Africa’s continued economic growth and green energy transition as global leaders convened in Morocco. The Africa Investment Forum (AIF) ...

The African Development Bank Group has published a policy note identifying concrete, sequenced pathways for private sector-led recovery in Libya, targeting job creation, regional cohesion, and ...

Landmark agreement unlocks financing for a sovereign-guaranteed green bond to be issued by Empresa de Distribuição de Eletricidade de Cabo Verde in Cabo Verde, supporting national energy transition.

The African Development Bank Group secured major political momentum for the New African Financial Architecture for Development (NAFAD) at the Africa Forward Summit, as African leaders, international ...

West African Development Bank (BOAD) and International Finance Corporation (IFC) Announce Landmark Reciprocal Euro and West ...

African banks face a structural challenge in the race to net zero. Like all commercial lenders, most of their carbon footprint — typically well over 90% — lies not in their own operations but in their ...

Ethiopia has long benefited from close ties to the West, China and emerging powers. In 2004 Western and multilateral creditors wrote off more than $3bn of its debts. Since 2000 it has received more ...

In the mid-1990s the UN built an airstrip in Ngara, in the far west of Tanzania, to supply refugee camps near the border with Burundi. Three decades later it has a different use. Over the past year ...