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Tag: AFDB

Companies / Politics

Senegal’s Hidden Debt Scandal Hinders Amadou Hott’s AfDB Candidacy

May 13, 2025May 13, 2025 - by Carmen Mendez - Leave a Comment

Amadou Hott’s candidacy for the African Development Bank presidency is threatened by a recent audit revealing significant underreporting of Senegal’s public debt during his ministerial tenure. The IMF has suspended …

Senegal’s Hidden Debt Scandal Hinders Amadou Hott’s AfDB Candidacy Read More
Companies

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria

March 31, 2025March 31, 2025 - by Sofia Nawab - Leave a Comment

The African Development Bank has launched a new Country Strategy Paper to enhance agriculture and infrastructure in Nigeria. Key initiatives include the NAGS for food security and the development of …

AFDB Launches New Strategy for Enhancing Agriculture and Infrastructure in Nigeria Read More
Technology

Comoros Secures $10.5 Million From AfDB for New Data Centre Development

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

Comoros has been approved for a €9.51 million ($10.5 million) loan by the African Development Bank to establish a new data centre and enhance digital administration as part of a …

Comoros Secures $10.5 Million From AfDB for New Data Centre Development Read More
Companies

African Development Bank’s Initiatives to Connect Farmers to Market Off-Takers

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

The African Development Bank is enhancing the connection between farmers and market off-takers by investing USD 934.51 million in Special Agro-Industrial Processing Zones. The President highlighted ongoing financing challenges for …

African Development Bank’s Initiatives to Connect Farmers to Market Off-Takers Read More
Politics

Bajabulile Swazi Tshabalala Announces Candidacy for African Development Bank Presidency

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

Bajabulile Swazi Tshabalala has announced her candidacy for the presidency of the African Development Bank, receiving full support from the South African government. She brings over three decades of experience …

Bajabulile Swazi Tshabalala Announces Candidacy for African Development Bank Presidency Read More
Companies

Contract Signed for Historic Railway Project Linking Tanzania and Burundi

February 13, 2025February 13, 2025 - by Allegra Nguyen - Leave a Comment

A US$2.15 billion contract was signed on January 29 to construct the first railway line in Burundi, connecting Uvinza, Tanzania, to Musongati. The railway, partially funded by the African Development …

Contract Signed for Historic Railway Project Linking Tanzania and Burundi Read More
Companies

Tanzania and Burundi Initiate $2.15 Billion Railway Project to Boost Trade

February 1, 2025February 1, 2025 - by Allegra Nguyen - Leave a Comment

Tanzania and Burundi have launched a $2.15 billion railway project set to enhance trade and transport of minerals, particularly nickel, between the two nations. Developed by Chinese construction firms, the …

Tanzania and Burundi Initiate $2.15 Billion Railway Project to Boost Trade Read More
Companies

Tanzania and Burundi Collaborate with China on Railway for Mineral Transport

January 31, 2025January 31, 2025 - by Liam Nguyen - Leave a Comment

Tanzania and Burundi are partnering with Chinese firms to build a major railway that will transport vital minerals such as nickel to the Port of Dar es Salaam. The $2.15 …

Tanzania and Burundi Collaborate with China on Railway for Mineral Transport Read More
Companies

AfDB Representative in Tanzania Faces Assault Charges in Sierra Leone

December 4, 2024December 4, 2024 - by Sofia Nawab - Leave a Comment

Dr. Patricia Laverley, the AfDB representative in Tanzania, faces assault charges involving a cabinet minister. The incident occurred at State House, and she has pleaded not guilty. Bail was granted …

AfDB Representative in Tanzania Faces Assault Charges in Sierra Leone Read More
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