Tag: AfDB
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...
Ghana Hosts AfDB Meetings To Stimulate Economic Recovery
Ghana will be hosting the 57th Annual General Meetings of the African Development Bank Group (AfDB) in Accra for the first time to brainstorm...