The African Development Bank Group or Banque Africaine de Développement is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. Read More
The African Development Bank (AfDB) through its concessional arm, the African Development Fund, has approved a 5.4 million US dollar grant to support the building of urgently needed food security in Somalia. ...
The European Union (EU) had started the process of lifting sanctions against Burundi that stops financial aid to the Burundian government, EU Ambassador to Burundi Claude Bochu said here Monday. ...
The European Investment Bank (EIB), together with eight other multilateral development banks like the Asian Development Bank, pledged at the UN Secretary-General's Climate Action Summit to raise their annual global climate action investment to $175 b ...
Immediate, bold action is needed to boost Africans' resilience to climate change and other threats, participants agreed at a summit in Rwanda's capital Kigali, the United Nations Food and Agriculture Organisation said in a statement on Tuesday. ...