Mining to pick up Botswana’s economic growth
The International Monetary Fund (IMF) says that Botswana’s economic growth will pick up in the near-term mostly driven by the mining sector. (more…)
COVID-19 exposes fragility of our economies
By Guy Ryde- The human dimensions of the COVID-19 pandemic reach far beyond the critical health response. All aspects of our future will be affected - economic, social and developmental....
WB, IMF statement on debt relief for the poorest countries
On Wednesday March 25, 2020, the World Bank Group (WBG) and International Monetary Fund (IMF) have issued the following joint statement to the G20 concerning debt relief for the poorest...
Policy measures to help the most vulnerable to drought
The international community is developing policy measures and actions to help the people most vulnerable to drought to take early action to avoid loss of life, and the heavy and...
IMF approves $395 million finance for Somalia
The Executive Board of the International Monetary Fund (IMF) approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for Somalia in the amount of...
Somalia sucures over $122 million funding from Europe
Arrears on loans owed by Somalia to the African Development Bank Group have been cleared following the payment in full of $122.55 million by the governments of the United Kingdom...
Standard Bank South Africa moves to Microsoft Azure
Standard Bank South Africa is moving its core SAP Cloud Platform services to Microsoft Azure to significantly improve the experience customers have with the bank, while enabling it to introduce...
African Development Bank to tackle skills mismatch in Africa
The African Development Bank and the Association for the Development of Education in Africa (ADEA) have called for stronger links between technical and vocational education and training and industry to...
Next Einstein Forum unveils Top 25 innovators
The Next Einstein Forum (NEF) today announces the 25 finalists for its Challenge of Invention to Innovation (Ci2i) competition in five categories to be held on 10-11 March 2020 in...
AfDB boss set to serve second term
The Executive Council of the African Union has supported Dr. Akinwumi Adesina’s candidacy for a second term as President of the African Development Bank. (more…)