On 30 June 2025 in Ouagadougou, representatives from six member countries of the Desert to Power Initiative approved key strategic documents to boost independent power production in the Sahel, at the ...

The African Development Bank and the Asian Infrastructure Investment Bank (AIIB) have signed an agreement strengthening their ...

African Development Bank President Dr. Akinwumi Adesina has urged Africa to take charge of its destiny as the world confronts global shocks, tariffs-induced trade disruptions, climate impacts and ...

The African Statistical Yearbook is a result of these concerted and coordinated efforts among the three main continental institutions (AfDB, AUC, and UNECA) in their quest to provide users with ...

The African Development Bank, through the Fund for African Private Sector Assistance (FAPA), has awarded a $1 million grant to South Africa’s National Business Initiative (NBI) to strengthen efforts ...

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Amid growing setbacks on gender equality and increasing financial constraints, African policymakers, gender experts, and development specialists are calling for renewed collaboration and sustained ...

The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This financing marks a ...

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Among the clanging sounds of machinery and the smell of sawdust, Dipuo Phakathi is building something extraordinary in a male-dominated home furnishings field.

South Africa's GDP growth declined to 0.6% in 2024 from 0.7% in 2023, underscoring the need for critical action and strategic reforms to unlock the country's vast capital resources and accelerate ...

Recent macroeconomic and financial developments Real GDP growth decelerated from 1.9% in 2022 to 0.6% in 2023, due to persistent electricity shortages, transport sector constraints, and lower ...