The planned financing will focus on improving infrastructure and promoting a stronger private sector capable of creating more jobs and driving innovation.

World Bank Group, African Development Bank initiative could halve the number of people in Africa living without electricity access WASHINGTON, April 17, 2024 – The World Bank Group and African ...

The top job at the African Development Bank is up for grabs, with the election slated for May 29. Five candidates vying to lead the bank have been sharing their visions for the next five years. The ...

Ned Rauch-Mannino was a Visiting Fellow for The Heritage Foundation’s Douglas and Sarah Allison Center for National Security. MDBs can be a strategic soft power tool in support of America’s “peace ...

At its launch almost a decade ago, the BRICS nations’ New Development Bank (NDB) was celebrated as a chance for countries across the Global South to break free of the US-dominated IMF and World Bank ...

Angola's state oil firm Sonangol seeks $4.8 billion loan from China for refinery Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to ...

The countdown has begun. At the African Development Bank’s (AfDB) upcoming annual meetings on 26-30 May in Abidjan, Côte d’Ivoire, the name of Akinwumi Adesina’s successor will finally be known. He or ...

The latest news and top stories on New Development Bank. A prominent Shanghai, China-based international financial institution, the New Development Bank (NDB) was established by the BRICS states to ...

A World Bank report suggests a development approach to address forced displacement – a development world crisis – which complements the work of humanitarian partners. The approach focuses on ...