AfDB

Olivine Industries Ltd, a local unit of Wilmar International, is yet to receive US$8.25 million loan it secured from African Development Bank (AfDB) about four months ago because the regional banking group is waiting for a plan on how the…
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In just months, African super-banker Akinwumi Adesina has gone from glory to fighting for his career, battling US demands for a probe into accusations of ethical violations and favouritism.
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Nigeria's President Muhammadu Buhari backed the head of the African Development Bank (AfDB) for re-election at a meeting Tuesday despite a US call for him to face a fresh ethics probe.
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The African Development Bank (AfDB) has approved US$20 million funding facility to support renewable energy and resource efficient infrastructure projects in Sub-Saharan Africa.
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The African Development Bank’s (AfDB) said yesterday its board of directors has approved a plan by the continental lender to mobilise $8 billion from capital markets across the world in 2018.
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Zimbabwe has secured a syndicated loan put together by the African Export-Import Bank that will enable it to clear US$1,7 billion of arrears with the World Bank and African Development Bank.
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The African Development Bank has agreed to write-off Zimbabwe's $601 million arrears to the bank, an official said on Tuesday, helping the southern African country reduce its loans with foreign lenders.
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HARARE - Zimbabwe has requested for assistance from the African Development Bank (AfDB) to clear its 7 billion U.S. dollars external debt which has prevented it from accessing fresh loans from multilateral financial institutions.
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HARARE - Zimbabwe's declining long-term deposits is associated with depositors’ speculation on the possible return of the local currency after elections, the African Development Bank (AfDB) has said.
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