Finance News

African Development Bank (AfDB): Sidi Ould Tah to succeed Akinwunmi Adesina as president.

The African Development Bank has voted in a Mauritanian economist Sidi Ould Tah as its new President as from september 1st. After three rounds of voting on Thursday afternoon, at the end of her Anual meeting, at the institutions head quarters in Abidjan Ivory Coast, the AfDB delegates chose the Mauritanian to replace Akinwunmi Adesina

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Business Finance News

The African Development Bank Group’s Annual Meetings for 2025, open tomorrow in the Ivorien capital Abidjan.

Amidst shifting winds of global trade, the African Developement Banks anual meetings for 2025, will begin holding from tomorrow May 26th to 30th in Abidjan, Côte d’Ivoire, at the Bank’s headquarters, under the theme: “Making Africa’s Capital Work Better for Africa’s Development.” This strategic theme calls on African member countries to look within the continent

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Business Finance News Opinion

The concept of Donors and foreign funding in Africa, and the reality of who benefits: Africans or the donors?

Up till date, African leaders and intellectuals, are yet to fully understand the global concept of Foreign financing that has engulf this black continent since independence. Africans can sign a billion financing agreements, or what it takes, but it will not change the daily lives of common Africans, as 90% of this funding will leave

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Business Finance

Togo’s President Faure Essozimna Gnassingbé, to speak at the African Union Debt Conference.

Are AU memeber countries growing conscious from heavy indeptedence as they strife to do better in future development. This Monday, May 12, 2025, the Hôtel 2 Février in LOME Togo, will host the launch of an African Union Debt Conference. The three day conference organised by the African Union Commission’s Department for Economic Development, Tourism,

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