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African Development Bank

African Development Bank Chief Warns Against Risks Of Natural Resource-Backed Loans

In an interview with the Associated Press, the head of the African Development Bank advised African nations to stop accepting loans secured by natural...

Stakeholder Validation Workshop On Feasibility Study On Special Agro-Industrial Processing Zone

A stakeholder validation workshop in context of the Feasibility Study on a Special Agro-Industrial Processing Zone (SAPZ), an initiative of the Ministry of Agro-Industry...

Nigeria To Assist Young Entrepreneurs With $618 Million Fund

Nigeria unveiled a $618 million fund to start-ups and small and medium enterprises on 14th March. The $618 million Investment in Digital and Creative...

Budget Support Mission: Representatives Of The African Development Bank In Mauritius

As a follow up to the technical preparation mission under the Economic Recovery and Resilience Support Programme (ERRSP), representatives of the African Development Bank...

Agro-Processing Remains An Important Pillar To Be Consolidated, States Minister Gobin

The Ministry of Agro-Industry and Food Security has laid much emphasis on agro-processing, as it remains an important pillar which needs to be developed...

Seychelles Is On Track With Paying Off Its External Debts, Says Government

Projections made by the finance ministry for 2022 indicate that Seychelles has a debt-to-GDP ratio of 68 percent, coming down from 92 percent in 2020...

Zimbabwe In Talks With World Bank, IMF On Paying Off International Debt

Zimbabwe is in talks with the World Bank and International Monetary Fund regarding the way to remove its debts with international financial institutions. Finance...

Mauritius To Host The African Economic Conference In December 2022, Announces Finance Minister

A joint press conference focusing on the African Economic Conference (AEC) 2022, to be hosted in Mauritius from 09 to 11 December 2022, was...

AfDB And COMESA Sign US$550,000 Grant To Conduct Study On Developing Africa Cloud Ecosystem

The African Development Bank and the Common Market for Eastern and Southern Africa (COMESA) have signed a Letter of Agreement for a US$550,000 NEPAD...

Africa Must End Food, Pharma Import Dependence: AfDB Prez

African Development Bank (AfDB) president Akinwumi Adesina has said that Africa must stop its dependence on food and medicine imports. He said this as...
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