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    African Development Bank

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    • Monday, 14 August, 2023
      African Development Bank’s $55mn anti-corruption fund unused for seven years

      Institution has failed to deploy any of money reserved to fight graft on the continent

      Pedestrians pass by the headquarters for the African Development Bank in Abidjan, Ivory Coast
    • Monday, 22 May, 2023
      Hanan Morsy
      Africa needs international help to avoid a lost decade

      The region has been buffeted by shocks — but there are three multilateral policy shifts that can support it

      A man with a donkey and cart pumps water from an African lake into a container on the cart
    • Thursday, 18 February, 2021
      World Bank
      Senegal’s ex-finance minister to head World Bank’s private sector unit

      Makhtar Diop’s appointment at International Finance Corporation cements good month for African international diplomacy

    • Saturday, 16 January, 2021
      Climate change
      Climate graphic of the week: the Great Green Wall scales up

      New funding of more than $14bn pledged for planting across almost a dozen countries in region bordering Sahara

      Great Green Wall map
    • Tuesday, 28 July, 2020
      African Development Bank chief cleared in external misconduct probe

      Inquiry led by former Irish president dismisses claims against Akinwumi Adesina

    • Friday, 5 June, 2020
      African Development Bank bows to US pressure over inquiry into alleged wrongdoing

      Lender agrees to independent review of earlier probe that cleared bank chief Akinwumi Adesina

      AfDB president Akinwumi Adesina is facing an independent inquiry into alleged misconduct after the US questioned an internal committee’s decision to clear him of wrongdoing
    • Friday, 15 May, 2020
      News in-depthDisease control and prevention15 min
      Covid-19 and 'Locust-19' threaten perfect storm for Africa | FT Interview

      African Development Bank's Akinwumi Adesina on the threat of coronavirus

    • Friday, 20 March, 2020
      Raghuram Rajan
      Rich countries cannot win the war against coronavirus alone

      We need to fight this pandemic into submission everywhere in order to relax measures anywhere

    • Wednesday, 28 August, 2019
      Utilities
      Joint effort powers drive to light up Africa

      Governments, multilateral groups and smaller companies are co-operating to electrify region

      Erasmus Wambua, a schoolboy, looks at a single electric lightbulb as it illuminates his home powered by M-Kopa solar technology in Ndela village, Machakos county, in Kenya, on Wednesday, July 22, 2015. Customers agree to pay for the solar panel with regular instalments which M-Kopa, a Nairobi-based provider of solar-lighting systems, then monitors for payments that are made using a mobile-phone money-transfer service. Photographer: Waldo Swiegers/Bloomberg
    • Thursday, 14 March, 2019
      African Development Bank to boost green energy funding
    • Monday, 29 October, 2018
      Shadow banking
      The World Bank pushes fragile finance in the name of development
      The World Bank pushes fragile finance in the name of development
    • Monday, 1 October, 2018
      beyondbricsInfrastructure investment
      Africa must look to Eisenhower for inspiration

      Infrastructure spending requires the hand of the state to put finance in place

      Drivers ride their cars along a highway during sunset in Johannesburg on June 17, 2010 during the South Africa 2010 World Cup. AFP PHOTO / MUSTAFA OZER / AFP PHOTO / MUSTAFA OZER (Photo credit should read MUSTAFA OZER/AFP/Getty Images)
    • Tuesday, 18 September, 2018
      Markets InsightSovereign bonds
      Securitisation deal shows supranationals’ future scope

      World’s best-rated credits pioneer innovation and could backstop the financial system

      ICOAST-ADB-BANK...Flags fly on the provisional headquarters of the African Development Bank on September 8, 2014 in Abidjan after a ceremony marking the effective return of the operations of the Bank to Abidjan. The Bank had moved to Tunisia over 10 years ago  due to political instability in the Ivory Coast. AFP PHOTO / SIA KAMBOU        (Photo credit should read SIA KAMBOU/AFP/Getty Images)
    • Tuesday, 18 September, 2018
      Impact investing
      African Development Bank turns to hedge fund to offset risk

      Pioneering deal comes as supranationals face pressure to expand lending capacity

      ICOAST-ADB-BANK...Flags fly on the provisional headquarters of the African Development Bank on September 8, 2014 in Abidjan after a ceremony marking the effective return of the operations of the Bank to Abidjan. The Bank had moved to Tunisia over 10 years ago  due to political instability in the Ivory Coast. AFP PHOTO / SIA KAMBOU        (Photo credit should read SIA KAMBOU/AFP/Getty Images)
    • Monday, 7 May, 2018
      Infrastructure investment
      AIIB set to extend reach to Latin America and Africa

      China-led lender takes next step to becoming global institution to rival World Bank

      The logo of the Asian Infrastructure Investment Bank (AIIB) is displayed at the bank's headquarters building in Beijing, China, on Thursday, Jan. 5 2017. One year after opening with 57 charter members, the China-led AIIB remains open to the U.S. joining, President Jin Liqun said. Photographer: Qilai Shen/Bloomberg
    • Monday, 12 June, 2017
      beyondbricsEmerging markets
      Germany’s initiative on Africa must be seized

      A G20 Partnership with Africa has potential — if the continent’s governments step up

      German Chancellor Angela Merkel and Nigeria's President Muhammadu Buhari give a press conference at the Chancellery in Berlin on October 14, 2016. / AFP / John MACDOUGALL (Photo credit should read JOHN MACDOUGALL/AFP/Getty Images)
    • Tuesday, 23 May, 2017
      Special ReportClean Energy
      Kenya shows renewables scope to plug Africa’s power supply gaps

      Challenge from 640m Africans who have no electricity

      Geothermal power station at Olkaria, Hells Gate National Park, Naivasha, Great Rift Valley, Kenya. (Photo by: Education Images/UIG via Getty Images)
    • Monday, 24 April, 2017
      InterviewGlobal Economy
      African Development Bank warns US cuts risk stoking extremism

      Bank’s president appeals to Trump’s business instincts over case for foreign aid

      Akinwumi Ayodeji Adesina, president of the African Development Bank, smiles during the U.S.-Africa Business Forum in New York, U.S., on Wednesday, Sept. 21, 2016. The forum focuses on trade and investment opportunities on the continent for African heads of government and American business leaders. Photographer: Michael Nagle/Bloomberg
    • Tuesday, 10 January, 2017
      beyondbricsInfrastructure investment
      The case for a Europe-led ‘Africa Infrastructure Investment Bank’
    • Sunday, 27 November, 2016
      African companies
      Buhari toils with Herculean task of reviving Nigeria’s economy

      The president’s reforms are criticised as being blunt and ineffective

      Nigerian President Muhammadu Buhari listens during a panel discussion during the Anti-Corruption Summit London 2016, at Lancaster House in central London on May 12, 2016.
    • Wednesday, 2 November, 2016
      Emerging markets
      Nigeria gets $600m loan from African Development Bank
    • Monday, 3 October, 2016
      World
      African Development Bank calls for manufacturing renaissance

      Akinwumi Adesina tells FT summit it is unacceptable that the continent imports food

      ICOAST-AFRICA-ECONOMY-DEVELOPMENT-BANKING...The new President of the African Development Bank (AfDB) Akinwumi Adesina is seen at the bank's headquarter in Abidjan, on September 17, 2015. AFP PHOTO / ISSOUF SANOGO (Photo credit should read ISSOUF SANOGO/AFP/Getty Images)
    • Tuesday, 30 August, 2016
      World
      African Development Bank chief warns Africa on international debt

      Adesina expects downturn to last for up to another 3 years

      ICOAST-AFRICA-ECONOMY-DEVELOPMENT-BANKING...The new President of the African Development Bank (AfDB) Akinwumi Adesina is seen at the bank's headquarter in Abidjan, on September 17, 2015. AFP PHOTO / ISSOUF SANOGO (Photo credit should read ISSOUF SANOGO/AFP/Getty Images)
    • Wednesday, 17 August, 2016
      beyondbricsJames Kynge
      China poised to lead on green finance at G-20 meeting
    • Wednesday, 6 July, 2016
      Global Economy
      Cash-starved Zimbabwe closes in on IMF deal to clear debts

      A $986m loan is sought to avert a political and civil crisis

      Armed Zimbabwean police clash with rioters in Harare, Monday, July, 4, 2016. Police in Zimbabwe's capital fired tear gas and water cannons in an attempt to quell rioting by taxi and mini bus drivers protesting what they describe as police harassment. The violence came amid a surge in protests in recent weeks because of economic hardships and alleged mismanagement by the government of President Robert Mugabe. (AP Photo/Tsvangirayi Mukwazhi)
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