Tag: AfDB
AfDB Projects 3.4% Growth For Ghana
The African Development Bank (AfDB) has projected Ghana’s economy to grow by 3.4% in 2024, up from the 2.9% growth recorded in 2023.
The growth...
AfDB Projects 2.8% Growth Rate For Ghana
The African Development Bank (AfDB) is projecting a modest 2.8% growth rate for Ghana in 2024, from the estimated 1.5% forecast in 2023.
This will...
AfDB Joins MDBs To Guide Climate Financing
The African Development Bank (AfDB) and other multilateral development institutions have released a set of principles to ensure climate financing aligns with the goals...
AfDB Approves $11.7m For Fertilizers To African Farmers
The Board of Directors of the African Development Bank (AfDB) has approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM)...
Africa’s Economic Growth To Outstrip Global Forecast For 2023-2024 – AfDB
The African Development Bank (AfDB) has predicted that the continent is set to outperform the rest of the world in economic growth over the...
AfDB Projects 7.6% Fiscal Deficit For Ghana in 2023
The African Development Bank (AfDB) is forecasting a fiscal deficit of 7.6% to Gross Domestic Product (GDP) for Ghana in 2023.
This indicates that the...
Offer Support To African Economies – Bawumia To AfDB
Ghana’s Vice President Dr. Mahamudu Bawumia has urged the Africa Development Bank (AfDB) and the Africa Development Fund to offer more support to African...
AfDB Projects 5.3% Growth Rate For Ghana
African Development Bank is forecasting a 5.3% growth rate for the Ghanaian economy this year. According to its 2022 Economic Outlook Report released at...
Africa Needs US$432Bn To Tackle COVID-19 Challenges
The President of the Africa Development Bank (AfDB) Dr. Akinwumi A. Adesina has indicated that Africa will need colossal amounts to tackle the devastating...
AfDB Seeks US Support For $1.5Bn Emergency Food Plan For Africa
The President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has made a compelling case, for the United States to back the...