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Tag Archives: AFDB

AFDB FUNDING EXPECTED TO CREATE THOUSANDS OF JOBS FOR YOUTH AND WOMEN

    The Post COVID-19 Development and Productivity Enhancement Project (PSDPEP), with a funding of $31.34, will create a total of 4,800 direct employment and 20,000 indirect jobs after its successful execution.    The Government of Ghana (GoG) five-year agreement with the African Development Bank (AfDB) is expected to contribute …

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Samia: How Tanzania used IMF, AfDB loans to improve livelihoods

Tanzanian President Samia Suluhu Hassan has defended her usage of loans from multilateral lenders, telling an audience in Accra that the institutions were her country’s lifeline in the Covid-19 pandemic. Samia, appearing on a panel alongside Presidents of Ghana, Mozambique, and Comoros, said the loans received from the International Monetary …

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Ghana to host 2021 AfDB AGM

The African Development Bank (AfDB) on Friday signed a Memorandum of Understanding with Ghana to host the 2021 AfDB Annual General Meeting (AGM) in Accra. The meeting slated for May 24 to 28, 2021 would provide a unique opportunity to discuss challenges and ways to advance the continent’s regional integration …

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Buhari backs Nigerian banker’s re-election at AfDB

Nigeria’s President Muhammadu Buhari has backed the head of the African Development Bank (AfDB) Akinwumi Adesina’s re-election bid, despite allegations of corruption and abuse of office against him. Mr Adesina has denied all the allegations and was cleared of wrongdoing by an internal investigation, but US Treasury Secretary Steve Mnuchin …

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