AfDB raising $1b fund to sponsor wheat production in Africa amid Russia-Ukraine crisis

The African Development Bank, AfDB, is raising $1 billion to help increase local production of wheat in Africa to surf the commodity shortage caused by the Russia-Ukraine conflict, reports say. The Abidjan-based bank, according to its President Akinwumi Adesina, aims Read more

Egypt sews out €145m from AfDB to advance railway system

Egypt secured Sunday a credit line worth €145 million from the African Development Bank (AfDB) to improve its railway system in the wake of a string of deadly train accidents. The financing was signed between the Minister of International Cooperation Read more