West African Development Bank Woos Ivorian Firms
The West African Development Bank says it has put over US$4.5 billion into Côte d'Ivoire since 1973. Now it wants...
October 2, 2026Topic
African Development Bank
South Korea and the African Development Bank Agree to Set Up a Joint AI Centre, Starting in Tanzania
South Korea and the African Development Bank agreed at the 8th KOAFEC meeting in Seoul to launch a Korea-Africa AI...
September 13, 2026
European Investment Bank Puts US$126 Million Into Nigeria and African Startups
The European Investment Bank has invested €108 million in Nigeria and other African countries through its Boost Africa initiative over...
September 11, 2026
Congo Wants 10,000 Megawatts. First It Has to Fix Its Power Company
A Congo Brazzaville electricity plan would lift capacity from about 760 megawatts to 10,000 by 2040, starting with a contract...
August 23, 2026
World Bank Bars Kenya’s eCitizen Builder Over a Somalia Contract
A World Bank debarment has shut Webmasters Kenya and its founder out of Bank-financed contracts until June 2031 over a...
August 23, 2026
South Africa Seeks US$2.2 Billion to Modernize Transnet Rail and Ports, Revive Exports
South Africa's Transnet modernization drive seeks about US$2.2 billion to upgrade freight rail and ports and revive coal and iron...
August 18, 2026
ATIDI Targets US$2 Billion Capital To Scale African Investment
The African Trade and Investment Development Insurance agency plans to double its capital to $2 billion, aiming to lift annual...
August 9, 2026
Seven Huambo Municipalities To Join Angola’s Public Electricity Grid
Angola’s Huambo province will soon connect Alto Hama, Londuimbali, Longonjo, Chinjenje, Ucuma, Ecunha and Mungo to the national grid, with...
August 9, 2026
Uganda’s Arua Airport Gets US$180 Million Upgrade Loan
The African Development Bank approved €155.99 million (about USh652 billion) on 19 June 2026 to upgrade Arua Airport in northwestern...
August 4, 2026