AfDB Says West Africa Must Better Use Its Own Funds to Close $100 Billion Development Gap
West Africa requires between $90 billion and $100 billion every year to achieve its development goals, but the region’s biggest ...
Tag: AfDB
AfDB Chief Economist Says Africa Can Unlock Over $780 Billion Through Better Tax Systems
Africa has the potential to generate hundreds of billions of dollars in additional revenue by improving its tax system, strengthening ...
BOI Appoints Kuramo Capital to Manage $170.6m iDICE Fund of Funds
The Bank of Industry (BOI) has appointed Kuramo Capital Management as the fund manager for the $170.6 million iDICE Fund ...
AfDB Advances Major Power Project to Boost Electricity Supply in Mauritania and Mali
The African Development Bank (AfDB) has taken another major step toward improving electricity access in West Africa by supporting the ...
AfDB Becomes First International Shareholder in EBID with $30m Investment
The ECOWAS Bank for Investment and Development (EBID) has achieved a major milestone after the African Development Bank Group (AfDB) ...
Wheat Production Ambitions Stall as AfDB Funds Remain Unreleased
Nigeria’s ambition to significantly boost domestic wheat production and reduce its dependence on costly imports has encountered a major setback, ...
Africa Urged to Invest More in Digital Infrastructure to Secure Its Digital Future
Africa has been called upon to take greater control of its digital future by investing more in its own digital ...
Nigeria Moves Closer to Battery Storage Adoption to Strengthen National Power Grid
Nigeria has taken another step toward improving the reliability of its electricity supply as the Transmission Company of Nigeria (TCN), ...
Africa Can Generate $469 Billion More in Revenue Without Raising Taxes – AfDB
Africa has the potential to generate more than $469 billion in additional revenue every year without increasing tax rates, according to ...
AfDB Flags Weak Private Sector Credit as Nigeria Seeks Growth
The African Development Bank (AfDB) has raised concerns over the limited flow of credit to Nigeria's private sector, warning that ...
