The publication of the synthetic Libor rates ceased at the end of September 2024, marking the final milestone in the ...

LONDON, May 26 (Reuters) - Five candidates are running to become President of the African Development Bank in an election on Thursday during the lender's annual meeting in Abidjan, Ivory Coast.

LONDON, June 7 (Reuters) - Africa needs quicker debt restructurings, more favourable lending terms and some $25 billion for the Africa Development Fund to avoid a lost decade, the head of its ...

Bank of Afrika UK, a UK-based pan-African investment bank, successfully raised USD 300 million in capital from seven major Indian banks on behalf of the Africa Finance Corporation (AFC), an ...

Non-African donors to the bank wield special importance and a combined 41% vote share, complicating the politics even more. Rich non-African economies are key to maintaining the bank’s AAA rating.