The Trump administration plans to slash $555 million in funding for the African Development Bank’s main development fund as part of sweeping cuts to foreign aid. Under a proposal submitted to ...

In preparation for its takeoff this quarter, Afreximbank is set to fund African Energy Bank with $19 billion, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has ...

Nouakchott — When Sidi Ould Tah addresses the media on Tuesday, May 6, he will use the opportunity to position himself as the next president of the African Development Bank (AfDB). The ...

The IMF/World Bank meetings and resolutions may have provided that important moment of epiphany for African policy makers. The atmosphere was pleasantly warm and the venue was the International ...

South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 ...

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said that the Afreximbank would invest $19 billion to fund the African Energy Bank. He said the $19 billion would ...

Her thoughts echo those of Akinwunmi Adesina, African Development Bank Group President, who argued, too, that Africa must wean itself from aid dependency and urgently chart its future through self ...

South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg, File. REUTERS/Siphiwe Sibeko JOHANNESBURG, May 7 (Reuters ...

The seasonally-adjusted Purchasing Managers' Index (PMI) sponsored by South African bank Absa declined to 44.7 points in April from 48.7 in March. It was the sixth straight month that the headline ...

The island nation’s Prime Minister Ulisses Correia e Silva and African Development Bank Group head Dr. Akinwumi Adesina, led the inauguration of the facility at a ceremony attended by hundreds of ...

The Bank for International Settlements (BIS) and the South African Reserve Bank (SARB) today launched the sixth edition of the G20 TechSprint focused on developing innovative solutions to promote ...

and is the only African bank with a commercial deposit-taking presence in the United States. UBA serves over 35 million customers globally with corporate, SME, and consumer banking services.