He may have entered the race last, but Sidi Ould Tah intends to win this marathon nonetheless. The Mauritanian candidate for the presidency of the African Development Bank (AfDB) has just stepped down ...

As the world gathers for the 79th United Nations General Assembly, Africa's unique challenges and opportunities take center stage in a pivotal side event that will serve to discuss two central issues ...

Even in the crowded corridors of Abidjan’s Sofitel Hôtel Ivoire, Bassirou Diomaye Faye is hard to miss. Senegal’s president, elected just over a year ago, was responding to an invitation from his ...

THE START of operations at a $20bn oil refinery in Nigeria in 2024 showcased a vision of development that is popular among Africa’s elites. Its owner, Aliko Dangote, who is also the continent’s ...

A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development. Preferred creditor status is a ...

Close to a year after the suspension of USAID funding in Africa, the future of many environmental programs remains uncertain. Alternative funding is sought from the EU, World Bank and private sector ...

JOHANNESBURG, Nov 18 (Reuters) - African development banks should retain the same legal protections as global lenders like the International Monetary Fund when governments restructure debt, the head ...

JOHANNESBURG, Oct 28 - S&P Global Ratings said African regional development creditors are poised to expand lending to fill national financing gaps, as capital buffers strengthen and new frameworks ...

The African Development Bank Group is intensifying efforts to mobilise co-financing to scale up development impact across the continent, amid an estimated annual financing gap of around $400 billion.

The African Development Bank’s concessional financing arm mobilized a record $11 billion in its 17th replenishment, an amount the multilateral lender said signals confidence in the continent’s ...