African Development bank

5 May 2022

Africa’s city dwellers enjoy higher quality of life

Africa’s city dwellers enjoy higher quality of life Despite facing several challenges, Africa’s cities have provided easier access to services, jobs and infrastructure for millions of people in the last […]
25 Mar 2022

Adesina says South Africa is bankable

Adesina says South Africa is bankable The African Development Bank has put its faith in South Africa by committing USD2.8-billion over the next five years. A large chunk of this […]
19 Mar 2022

Senegal to host first Water Forum in Sub-Saharan Africa

Senegal to host first Water Forum in Sub-Saharan Africa The ninth edition of the World Water Forum will be held from 21-26 March 2022 in the lake city of Diamniadio, […]
1 Mar 2022

US Congressman says Africa is the place to invest

US Congressman says Africa is the place to invest United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests […]
21 Feb 2022

DFI commits USD5.55-billion for MSME recovery in Africa

DFI commits USD5.55-billion for MSME recovery in Africa   The coalition for a sustainable and inclusive recovery of the private sector, an international group of 20 development finance institutions that […]
1 Feb 2022

AfDB supports Guinea Bissau’s economic transformation

AfDB supports Guinea Bissau’s economic transformation African Development Bank Group President Dr Akinwumi A. Adesina has announced a financial package of USD30-million dollars to the West African nation of Guinea […]
24 Jan 2022

Why is Africa the next renewables powerhouse?

Why is Africa the next renewables powerhouse? WhyAfrica is one of the media partners at this year’s African Energy Indaba, which will be held in Cape Town from 1 to […]
29 Dec 2021

Agriculture: Key to Africa’s revival

Agriculture: Key to Africa’s revival Agriculture will play a key role in the development of Africa’s economy after Covid-19. By WhyAfrica staff writer Although agriculture has historically been the backbone […]
12 Dec 2021

AfDB/IFC partnership to advance development of Lusophone African countries

AfDB/IFC partnership to advance development of Lusophone African countries The African Development Bank and IFC, a member of the World Bank Group, recently signed a partnership agreement admitting IFC as […]
27 Nov 2021

The link between power security and water

The link between power security and water In summer, people in California in the USA are on the edge of their seats during wildfire season. The U.S. state’s vast forests, […]
26 Nov 2021

AfDB approves new water strategy

AfDB approves new water strategy The African Development Bank has approved a new five-year water strategy that aims to increase water security and foster sustainable, green and inclusive growth and […]
14 Nov 2021

New initiative will enable remote monitoring and evaluation

New initiative will enable remote monitoring and evaluation The African Development Bank’s collaborative ICT initiative RASME, will enable remote monitoring and evaluation of development projects in real time. The African […]
12 Nov 2021

North Africa slowly rebounds after severe Covid-19 shock

North Africa slowly rebounds after severe Covid-19 shock Although Covid-19 had a severe impact on the North African region, countries like Egypt and Morocco have done well to claw back […]
9 Nov 2021

East Africa’s economic outlook bullish despite Covid-19 setback

East Africa’s economic outlook bullish despite Covid-19 setback East Africa is on the way to recovery after the severe setback suffered because of Covid-19 in 2019 and 2020. There are […]
8 Oct 2021

Let’s change the narrative on Africa in the USA says Adesina

Let’s change the narrative on Africa in the USA, says Adesina According to African Development Bank (AfDB) President Dr Akinwumi A. Adesina a concerted effort to change the narrative on […]
4 Oct 2021

Raising the quality of East Africa’s economic growth

Raising the quality of East Africa’s economic growth While East Africa’s promising growth rates are good news, they remain based upon limited diversification in the region’s economies, writes Darryll Kilian, […]
30 Aug 2021

Africa banks on the private sector for a Covid-19 recovery

30 August 2021 – Africa banks on the private sector for a Covid-19 recovery. In a meeting held last week, the G20 Compact with Africa reaffirmed its commitment to secure […]
24 Jul 2021

Sudan could be a breadbasket but security remains a concern

By Leon Louw, founder and editor of WhyAfrica  24 July 2021 – Sudan could be the breadbasket of North and East Africa, but safety and security remains a concern that […]
4 Jul 2021

African Development Bank launches a Strategy for Economic Governance in Africa

04 July 2021 – The African Development Bank has launched its Strategy for Economic Governance in Africa (SEGA), aimed at fostering transparent and accountable governments and institutions to secure inclusive, […]
28 May 2021

AfDB signs loan agreement to increase power generation in Tanzania

28 May 2021 – The African Development Bank Group (AfDB) and the government of Tanzania have signed a loan agreement to increase power generation in Tanzania. The USD140-million deal will […]
27 May 2021

Lusaka’s water point ambassadors turn the tap to protect residents from Covid-19

27 May 2021 – A water point attendant in Zambia’s capital Lusaka has a new role beyond filling up containers for residents at the community tap. John Nyambe spreads the […]
12 May 2021

How can Mauritius take advantage of the African Continental Free Trade Area (AfCFTA)?

By Chido Pamela Mafongoya and Veedushi Mooloo 12 May 2021 – Mauritius, being strategically located between Asia and Africa, praise itself as having one of the continent’s most stable regulatory […]
4 May 2021

African countries and partners commit to double agricultural productivity.

04 May 2021 – Seventeen African heads of state have committed to double agricultural productivity while, at the same time, a coalition of development banks and partners has pledged more […]
30 Apr 2021

Agriculture presents a major opportunity for African entrepreneurs.

By Leon Louw founder and editor at WhyAfrica 8 April 2021 – Agriculture will play a key role in the development of Africa’s economy after Covid-19. Although agriculture has historically […]
28 Apr 2021

Africa’s recovery depends on green investments.

23 April 2021 – Africa’s huge market offers immense opportunities for investors. However, it is imperative that development and investments ensure sustainability, improve the plight of Africa’s people, and address […]
27 Apr 2021

New technologies provide solutions to Africa’s agricultural challenges.

Abidjan, 26 April 2021 – Drones, satellites, geographic information systems, weather stations and advanced analytics are some of the most promising technologies for providing solutions to Africa’s agricultural challenges, according […]
26 Apr 2021

Africa need to step up infrastructural integration.

26 April 2021 – As countries rebuild their economies following Covid-19, Africa needs to step up productive and infrastructural integration, participants heard at a regional presentation of the African Regional […]
23 Apr 2021

Financing package signed for the construction of the largest solar plant in Egypt.

23 April 2021 – The European Bank for Reconstruction and Development(link is external) (EBRD), the OPEC Fund for International Development(link is external) (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund(link is external) (GCF) […]
26 Mar 2021

Light at the end of the tunnel

ByChuku Adamon Mukasa and Yaye Betty Camara 26 March 2021 – There is light at the end of the tunnel for Africa’s economic recovery. Real GDP is projected to grow […]
20 Mar 2021

Hunger could be a bigger threat than Covid-19.

19 March 2021 – Strengthening food systems must be an integral part of efforts to recover from the Covid-19 pandemic and to build resilience in Africa, says African Development Bank […]