The population of the youth entering the workforce each year is four times the job opportunities created annually. The ...

The African Development Bank Group has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police ...

The United States Department of the Treasury, through the Office of the Comptroller of the Currency (OCC), has declared GN Bank, currently the only wholly African-owned bank in the U.S., safe and ...

The African Institute for Mathematical Sciences (AIMS) has officially appointed Philibert Afrika, one of Rwanda’s most distinguished economists and development specialists, to its prestigious ...

According to Africa’s Urbanisation Dynamics, our cities will house 1.4 billion people by 2050. But this growth is happening ...

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 ...

Kenya has secured a $200 million loan from the African Development Bank and is in talks with the World Bank for a new $750 million loan, the finance ministry's head of debt management told Reuters ...

In terms of urbanisation, what works in London or Washington cannot be transplanted to African cities like Maputo or Lusaka.

The African Development Bank (AfDB) has sold its long-awaited hybrid capital note, the first financing of its kind for multilateral development banks, which are under increasing pressure to find ...

ABIDJAN, Ivory Coast (AP) — The African Development Bank elected Mauritanian economist Sidi Ould Tah as its next president on Thursday to steer the region's top development finance institution ...