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World Bank approves US$250 million for establishment of Development Bank Ghana

November 2, 2020 The World Bank Board of Executive Directors on Thursday, October 29, 2020, approved US$250 million from the International Development Association (IDA) to support the establishment of the...

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November 2, 2020 / Comments (0)

Government to replant swollen shoot-affected cocoa farms

September 28, 2020 President Nana Addo Dankwa Akufo-Addo has said the government is resolved to replant all cocoa farms affected by the swollen shoot disease to help improve the yield per hectare for cocoa...

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September 28, 2020 / Comments (0)

AfDB 2020 Annual Meetings: Building Africa back better after the COVID-19 pandemic

August 26, 2020 For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines. The...

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August 26, 2020 / Comments (0)

Coronavirus magnifies Africa’s need for economic integration – AU Chairperson

August 18, 2020 The Chairperson of the African Union Commission Moussa Faki Mahamat says the COVID-19 pandemic has amplified the need to accelerate Africa’s economic integration and industrial...

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August 18, 2020 / Comments (0)

AfDB Regional Economic Outlook 2020: COVID-19 response and economic diversification crucial to growth recovery in Southern Africa, the most affected region

July 30, 2020 Impact of COVID-19 in South Africa projected to affect the rest of Southern African economies A higher level of preparedness is urgently needed to prevent and mitigate the COVID-19 pandemic...

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July 30, 2020 / Comments (0)

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021 – AfDB

July 13, 2020 Governments and development partners must respond in a more coordinated, targetted and rapid manner to be effective in limiting impact. An additional 49 million Africans could be pushed...

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July 13, 2020 / Comments (0)

JICA, others provide $600m syndicated loan to COCOBOD

July 7, 2020 Ghana Cocoa Board (COCOBOD), Japan International Cooperation Agency (JICA) and other development finance institutions (DFIs) have announced a $600 million credit facility for COCOBOD’s...

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July 7, 2020 / Comments (0)

AfDB joins WTO and other MDBs to support trade finance amid COVID-19 crisis

July 7, 2020 Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up their trade finance programs to support essential imports and key exports. The African...

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July 7, 2020 / Comments (0)

Countries must produce quality goods for AfCFTA market – ITC

March 9, 2020 For the African Continental Free Trade Agreement (AfCFTA) to be successful, it is important that countries ensure products produced by their entrepreneurs are of the highest quality...

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March 9, 2020 / Comments (0)

AU, AfDB sign US$4.8m grant earmarked for continental free trade secretariat

August 9, 2019 The African Development Bank Group on Monday signed a US$4.8million institutional support grant to the African Union (AU) for implementation of the African Continental Free Trade Area...

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August 9, 2019 / Comments (0)