The Latest Breaking News from the African Development Bank

At the 2021 UN Climate Summit, Barbados prime minister Mia Mottley called for more and better use of special drawing rights (SDRs), the International Monetary Fund’s reserve asset.

Malawi receives .2 million insurance payout for El Nino-linked drought relief, aiding vulnerable populations in the region.

Africa saw the pace of economic growth sag last year as inflation continued to rise but is set to rebound this year, the African Development Bank said Friday.

In an exclusive interview, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best investment opportunities

The United Nations Secretary-General, António Guterres, recently sounded an ominous alarm bell. The Sustainable Development Goals (SDG), which aim to significantly reduce poverty around the world and create a better quality of life for all, are off track, he warned.

In Kenya, some industrial fishing techniques are banned in a bid to counteract damage suffered by coastal communities that have seen their fish stocks plummet. Also, as Africa continues to wrangle with the dilemma of how to keep economic growth on track whilst tackling the climate emergency, we hear from…

The African Development Bank has moved to fast-track Zimbabwe’s $3.5 billion compensation to white farmers whose land was seized under former president Robert Mugabe’s reforms. The bank is leading efforts to clear Zimbabwe’s crippling debts.

Egypt’s preparation are underway for the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh next May. Egypt's President Abdel-Fattah El-Sisi affirmed on Tuesday his country’s keenness on maintaining African interests in all forms and at all levels. Sisi met with the African Development Bank Chairman Akinwumi Adesina…