Tag Archives: ADB

Abidjan, Ivory Coast | THE INDEPENDENT |   The African Development Bank (AfDB), through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The …

  Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has set aside Shillings 9 billion to patch potholes on different city roads. The money comes from the Authority Budget for 2020/2021 for infrastructure works in Kampala, which includes road construction.  The Minister for Kampala Betty Amongi told journalists at the …

Kampala, Uganda | THE INDEPENDENT | Patients visiting the newly refurbished National Referral Hospital in Mulago will be required to submit their National Identification Numbers to be able to access services, David Nuwamanya, the hospital Principal Administrator has said. Nuwamanya says that the old paper records are currently being migrated …

Abidjan, Ivory Coast | THE INDEPENDENT | The latest African Economic Outlook (AEO) report indicates that foreign direct investment (FDI) flows following the recent issuance of oil exploration licenses and  the investment in infrastructure development is expected to spur Uganda’s economy for most of 2018. The African Development Bank 2018 …

Lagos, Nigeria | AFP |  The African Development Bank has approved the first installment of a $1 billion loan to Nigeria to help President Muhammadu Buhari combat a “crisis situation”. In a Wednesday press release, the AfDB said that the $600 million loan was the “first tranche of a US …

Khartoum, Sudan | AFP |  Africa’s economic growth is expected to dip this year before rebounding in 2017 to remain the world’s second fastest growing region after east Asia, the African Development Bank said Thursday. Africa’s growth in Gross Domestic Product is expected to fall to 1.9 percent this year …

By Julius Odeke The African Development Bank (AfDB) has launched an ambitious program to significantly improve data management and dissemination in Africa. The ultimate goal of the program is to facilitate wider public access to official statistics and to support countries in their efforts to improve data quality and dissemination …