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AfDB Invests $332 Million in Standard Bank to Expand SME Financing in South Africa
Business and Economy

AfDB Invests $332 Million in Standard Bank to Expand SME Financing in South Africa

The grant will help address barriers faced by women entrepreneurs by supporting the adoption of digital payment tools to build verifiable credit histories and providing

Africa's growth outlook faces fresh climate threat as AfDB warns powerful El Niño could wipe out $20bn, shrink GDP and trigger migration
Health/Eco News

Africa’s growth outlook faces fresh climate threat as AfDB warns powerful El Niño could wipe out $20bn, shrink GDP and trigger migration

El Niño is a naturally occurring climate pattern caused by unusually warm waters in the equatorial Pacific Ocean. Although it develops thousands of

AfDB and World Bank Expand Research Partnership for Africa
Business and Economy

AfDB and World Bank Expand Research Partnership for Africa

The African Development Bank Group (AfDB) and the World Bank have agreed to deepen their collaboration on economic research and policy development aimed at addressing

Kenya loses Sh11bn stake in AfDB amid cash crunch
Business and Economy

Kenya loses Sh11bn stake in AfDB amid cash crunch

Kenya has lost 6,715 shares at the African Development Bank (AfDB), valued at Sh11.9 billion, after it failed to complete annual subscription, affecting its ownership

AfDB Commitments to Morocco Hit Record €1.3 Billion in 2025
Business and Economy

AfDB Commitments to Morocco Hit Record €1.3 Billion in 2025

Marrakech – The African Development Bank’s financial commitments to Morocco reached a record high of nearly €1.3 billion in 2025, the bank’s country manager for