African Development Bank

The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, January 30, 2020. Photo: REUTERS/Luc Gnago
Africa

African Development Bank to pick new head to confront US funding cuts

The US federal government wants to cut $555 million in funding to the AfDB and its African Development Fund (ADF), which offers low-priced financing to the continent's poor nations

Photo: Collected
Africa

Development partners commit $30 billion to food production in Africa

The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, January 30, 2020.REUTERS/Luc Gnago/File Photo
Global Economy

African Development Bank says World Bank chief's criticism 'misleading'

File Photo: World Bank President David Malpass responds to a question from a reporter during an opening press conference at the IMF and World Bank's 2019 Annual Fall Meetings of finance ministers and bank governors, in Washington, US, October 17, 2019/ Reuters
Global Economy

Development banks worsening poor country debt burdens: World Bank chief