Nearly 20 Kenyan Firms Blacklisted by the World Bank and AFDB Over Fraud
Nearly 20 Kenya-based companies have been blacklisted by the World Bank and the African Development Bank (AfDB), in less than ...
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Tag: AfDB
AfDB Forecasts East Africa’s Economic Growth to Rise to 4.1% in 2021.
East Africa's economic growth is projected to rise to 4.1 per cent in 2021, up from 0.4 per cent in ...
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A Report by AFDB Shows Kenya, Nigeria, Egypt and South Africa Account for About 80% of Investments in Africa
According to a report titled Entrepreneurship and Free Trade Volume II by the African Development Bank(AFDB), Egypt, Nigeria, Kenya and ...
Read moreAFDB Approves $50 Million Trade Finance Risk With Standard Chartered Bank
The African Development Bank Group (AfDB) board has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility ...
Read moreAFDB Approves $140 Million Loan to Tanzania
The African Development Bank Group and the Government of Tanzania have signed loan agreements totalling $140 million to finance the ...
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AfDB Ranked as the World’s Best Multilateral Financial Institution for 2021
The African Development Bank has been ranked as the world’s Best Multilateral Financial Institution for 2021 by the world-renowned American ...
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Six Kenyan Startups Among 25 Finalists on AfDB Agripitch Competition
Best solutions stand a chance to walk away with between Kshs. 1 million and Kshs. 4 million in the final ...
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Africa’s Largest Economy Suffers Worst Contraction in 10 Years
While Nigeria has embarked on gradual easing of lockdown since Q2 2020 with a N2.3 trillion stimulus intervention, economic activities ...
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