Tag Archives: AFDB

Abidjan, Ivory Coast | AFP | The African Development Bank (AfDB) on Thursday said “no decision” had been taken regarding a US push for an outside probe into its chief, accused by whistleblowers of ethics breaches. US Treasury Secretary Steven Mnuchin says Washington is dissatisfied with the outcome of an internal …

Abidjan, Ivory Coast | AFP | The president of the African Development Bank (AfDB), Akinwumi Adesina, hit back on Wednesday at accusations of corruption and vowed to continue working. In a press statement, Adesina slammed “unprecedented attempts by some to tarnish my reputation” and declared “I will… continue to work with …

Massive infrastructure development alone without well trained and skilled personnel will not help the country achieve desired economic growth targets. Kampala, Uganda | PATRICIA AKANKWATSA AND JULIUS BUSINGE | This was the message directed to the government during the recently concluded infrastructure conference in Kampala titled ‘infrastructure and human capital …

Japan, S.A and AFDB unveil priorities in technology at TICAD 7 Science, technology and innovation as well as human resource development are critical in Africa, a continent, which has the biggest potential on earth, Prime Minister Shinzo Abe said at the Science and Technology in Society (STS) forum held on …

How accurate are claims by Ugandans on Bashir coup? Kampala, Uganda | THE INDEPENDENT | On April 16, five days after Field Marshal Omar Al-Bashir was kicked out in Sudan, President Yoweri Museveni’s Senior Advisor and Personal Assistant, Milly Babalanda, wrote in the New Vision that “Museveni knows when he …

Abidjan, Ivory Coast | AFP | Africa’s strong growth will accelerate in 2019 but fail to roll back high unemployment and poverty, the African Development Bank (AfDB) said Thursday. The continent’s gross domestic product expanded by 3.5 percent in 2018 after 3.6 percent in 2017 and should reach 4.0 percent …

The recent Africa Investment Forum provided a safe, stable marketplace to accelerate deals COMMENT | AKINWUMI A. ADESINA | For any investor interested in Africa, there was only one place to be last week: Johannesburg. When the three-day Africa Investment Forum opened on November 7, a total of 61 deals with …

➡ $1bn project ➡ 95 kilometres ➡ 8 lanes Nakawa-Kyambogo ➡ 6 lanes Kyambogo-Mukono ➡ 4 lanes Mukono to Jinja Abidjan, Ivory Coast | THE INDEPENDENT | The African Development Bank (AfDB) has approved a sovereign loan of $229.5 million to Uganda to finance phase one of the Kampala-Jinja Expressway …

The latest African Development Bank (AfDB) Economic Outlook for 2018 predicts 4.1% average growth COMMENT | KAUSHIK BASU | The African Development Bank (AfDB) has just published its African Economic Outlook for 2018. This year’s revamped publication – shorter than usual, analytically well-structured, and written in lucid prose, without hyperbole – …

African Development Bank President Akinwumi Adesina has spoken confidently about Africa’s enormous potential, and the bank’s ambitious development agenda, which he said was well underway. He said this, in an impassioned speech, delivered at the Center for Global Development in Washington, DC, on Wednesday, April 19.   The High 5s …