African Development Bank (AfDB)
How the China-aided Africa CDC Became a Game-changer for Public Health
In the heart of Addis Ababa, where tradition meets modern ambition, a gleaming structure of…
Africa’s Agenda 2030: A Race Against Time Amidst Triumphs, Setbacks, and Global Headwinds
As the world crosses the midpoint of the United Nations’ Sustainable Development Goals (SDGs) timeline,…
The 2025 AU Summit Should Place Poverty Alleviation, Infrastructure, and Economic Development at the Top of its Agenda
African leaders will gather again in Addis Ababa, the Ethiopian capital, for the 2025 African…
Africa Faces a Bright Economic Outlook Despite Internal and External Challenges
It’s that time of the year again when we find ourselves reflecting on the year…
Forum Urges the African Continent to Reinvent its Approach to Public Debt
In the heart of Abuja’s evolving financial district, an extraordinary gathering of Africa’s leading policymakers, business magnates, and international development partners took place in mid-December. The Debt Management Forum for Africa (DeMFA), convened on 16-17 December 2024, may well be remembered as a watershed in the continent’s ongoing struggle to tame the complexities of public debt. Under the auspices of the African Development Bank (AfDB), a key player in African economic development, and supported by a coalition of global and…
IDCZ Should Prioritise Funding SMEs — ZNCC
The Industrial Development Corporation of Zimbabwe (IDCZ) should prioritise credit to small and medium enterprises (SMEs), particularly focussing on value-adding industries, one of Zimbabwe’s influential business lobby group said. SMEs now constitute more than 60 percent of private enterprises in Zimbabwe but suffer from the acute lack of affordable long-term financing, business management skills, collateral for bank loans and appropriate infrastructure, among others. IDCZ is a self-financing industrial development and financing institution (DFI) established in 1963 through an Act of…
Ethiopia’s Finance Ministry Appreciates African Development Bank’s Contribution Towards Reforms And Development Projects
Ethiopia’s Finance Minister Ahmed Shide held a consultative meeting with Jonathan Nzayikorera, Executive Director of the African Development Bank (AfDB) in Addis Ababa. This is reported by ENA. The minister commended the bank for its contribution to the socio-economic development of the country. The minister also highlighted the large-scale investment operations currently underway as well as technical assistance to support reforms in Ethiopia. Ahmed Shide thanked the AfDB for its role in coordinating regional projects. The Director General of the African…