3 d. ago AfDB President Unveils Reform Plan to Streamline African Development Finance

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-president-unveils-reform-plan-to-streamline-african-development-finance/Dr. Sidi Ould Tah outlined an ambitious 100-day agenda focused on operational reforms and expanded partnerships during his inaugural address as African Development Bank president in Abidjan on Monday. The four-point roadmap prioritizes stakeholder engagement, bureaucratic reform, partnership strengthening, and accelerated financing access as the new leader takes control of the continent’s premier development institution […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-president-unveils-reform-plan-to-streamline-african-development-finance/

Politics

3 d. ago New AfDB Chief Faces Infrastructure Crisis and Climate Financing Challenges

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/new-afdb-chief-faces-infrastructure-crisis-and-climate-financing-challenges/The African Development Bank’s newly installed president confronts massive infrastructure gaps and capital shortfalls that threaten to undermine continental trade ambitions, according to financial analysts assessing Dr Sidi Ould Tah’s leadership priorities. Toma Imirhe, a financial analyst speaking on Tuesday’s Asaase Breakfast Show, outlined the scale of challenges facing Tah following his formal assumption of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/new-afdb-chief-faces-infrastructure-crisis-and-climate-financing-challenges/

Economics

3 d. ago Development Bank Chiefs to Address Mining Investment at Cape Town Summit

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-bank-chiefs-to-address-mining-investment-at-cape-town-summit/Two senior Africa Finance Corporation executives will take center stage at next month’s African Mining Week as the continent’s development finance sector seeks to capitalize on surging global demand for critical minerals. Molebogeng Mazibuko, the corporation’s Associate Vice President for Investment, will deliver opening remarks at the three-day Cape Town gathering starting October 1. Her […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-bank-chiefs-to-address-mining-investment-at-cape-town-summit/

Politics

1 week ago Japan Commits US$5.5 Billion to Accelerate African Private Sector Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/japan-commits-us5-5-billion-to-accelerate-african-private-sector-growth/Japan has expanded its development partnership with the African Development Bank [AfDB] through a new $5.5 billion financing commitment designed to strengthen private sector investment across the continent over the next three years. The Japan International Cooperation Agency and AfDB formalized the agreement during the Ninth Tokyo International Conference on African Development in Yokohama, launching […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/japan-commits-us5-5-billion-to-accelerate-african-private-sector-growth/

Economics

2 w. ago AfDB Courts Japanese Investors to Close Africa’s Financing Gap

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-courts-japanese-investors-to-close-africas-financing-gap/The African Development Bank is heading to Japan with a clear mission: attract more investment. The continent’s premier financial institution will use the upcoming Tokyo International Conference on African Development to pitch new deals and deepen partnerships. This push comes as African nations grapple with a severe lack of funding for climate adaptation, infrastructure, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-courts-japanese-investors-to-close-africas-financing-gap/

Economics

3 w. ago Development Banks Drive Industrial Farming in Africa, Report Finds

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-banks-drive-industrial-farming-in-africa-report-finds/Public development banks are steering Africa toward large-scale industrial agriculture at the expense of small farmers and food sovereignty, according to a new study by the Alliance for Food Sovereignty in Africa. The report details how Development Finance Institutions (DFIs) have invested over $3 billion directly in African agribusiness since 2019, accelerating a shift toward […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/development-banks-drive-industrial-farming-in-africa-report-finds/

Politics

3 w. ago Ethiopian Airlines Secures Key Funding for Continent’s Largest Airport

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/Ethiopian Airlines Group and the African Development Bank have formalized a major financing agreement for Africa’s most ambitious aviation project. The deal, signed in Addis Ababa, designates the Bank as lead arranger for a $500 million loan to develop a new mega-airport in Bishoftu, 40 kilometers south of Ethiopia’s capital. The greenfield facility will initially […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/ethiopian-airlines-secures-key-funding-for-continents-largest-airport/

Politics

3 w. ago African Development Bank to finance $500m of Ethiopia’s new airport

The African Development Bank will contribute $500 million towards the financing of a new airport in Ethiopia - which is expected to be Africa's largest when completed in 2029 - it said on Monday.

Economics

4 w. ago AfDB to Lead US$7.8 Billion Financing for Africa’s Largest Airport

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-to-lead-us7-8-billion-financing-for-africas-largest-airport/The African Development Bank (AfDB) will steer financing for Ethiopia’s transformative Bishoftu International Airport after being appointed Mandated Lead Arranger for the $7.8 billion project. Ethiopian Prime Minister Abiy Ahmed and AfDB President Akinwumi Adesina will formalize the partnership at an August 11 signing ceremony, cementing the bank’s role in mobilizing capital for strategic continental […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/afdb-to-lead-us7-8-billion-financing-for-africas-largest-airport/

Economics

4 w. ago African Leaders Demand Fair Finance System to Slash Capital Costs

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/african-leaders-demand-fair-finance-system-to-slash-capital-costs/African finance and development figures have unveiled urgent proposals to reduce the continent’s crippling cost of capital, branding current borrowing terms unsustainable. At the Financing Africa Forward Summit in Johannesburg, convened by Standard Bank, Africa Practice, and partners, leaders revealed African nations pay up to 500% more for market loans than multilateral financing. With debt […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/african-leaders-demand-fair-finance-system-to-slash-capital-costs/

Politics