LAGOS, June 6 – Africa’s economic growth story is increasingly being accompanied by a growing debt challenge, as rising debt-servicing costs place …
Africa
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JOHANNESBURG, June 4 – Africa’s wealthiest investors are increasingly turning to real estate as a preferred asset class for preserving wealth, diversifying …
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LONDON, June 3 – Ghanaian President John Dramani Mahama has called for major reforms to global debt restructuring systems, arguing that developing …
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BRAZZAVILLE, June 1 – The African Development Bank (AfDB) is set to invest $125 million in the African Trade and Investment Development …
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The African Development Bank says the continent’s yawning development financing gap can be closed not by aid, but by Africa itself. The …
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ADDIS ABABA, May 29 – African airlines recorded stronger passenger traffic and improved seat utilization in April 2026 as travel demand across …
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BRAZZAVILLE, May 28 – The African Development Bank has warned that Africa’s trade finance shortfall could widen significantly over the next two …
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NAIROBI, May 28 – A new investment vehicle focused on African manufacturing and industrial development has been launched with plans to mobilize …
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Economy
AfDB Says Africa Could Save $299 Billion Annually Through Better Public Investment Efficiency
BRAZZAVILLE, May 27 – The African Development Bank says African economies could unlock hundreds of billions of dollars in additional development financing …
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NAIROBI, May 27 – Africa’s economic growth is expected to slow slightly to 4.2% in 2026 from 4.4% last year as tensions …