The African Development Bank (AfDB) has approved the sustainable borrowing policy for low-income countries in Africa. The policy is set to act as a new source of funds that will help the countries in facilitating development needs that are of importance to the country. “The new policy
African Development Bank Group says it will now integrate the African Continental Free Trade Area (AfCFTA) into its country and regional integration strategies. The lender’s President, Dr. Akinwumi A. Adesina, said Friday while receiving AfCTA Secretary-General Wamkele Mene, in Abidjan on 29 October that “the implementation of the free trade
The African Development Bank Group (AfDB) has appointment Ms. Bajabulile “Swazi” Tshabalala as Senior Vice President effective November 1, 2021 The announcement was done by the bank’s president Dr. Akinwumi A. Adesina. “I am delighted to appoint Swazi as Senior Vice President. She has been a highly valuable member of
The Adai Aldai Technical Training Institute (TTI) in Nandi County has secured a Ksh.335 million grant from the national government and the African Development Bank (AfDB) to finance infrastructure development, training equipment and capacity building. It is one of the eight TVET institutions established under the AfDB
The African Development Bank Group has blacklisted Sino-Kenya Engineering Group Company for a three-year period over fraudulence. The multilateral lender also blacklisted the company’s Managing Director Mr. Yuehua Bai. “An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Sino-Kenya Engineering Group Company Limited and Mr. Yuehua Bai
