The Mauritanian beat four other candidates after three rounds of voting. He becomes the 9th president of the pan-African ...

Ethiopia has taken historic steps to address macroeconomic imbalances while fostering sustainable growth ...

The African Development Bank forecasts a 3.9% growth in Africa’s economy for this year, a slight downtick from earlier ...

A new report from ActionAid International has issued a stark warning to Ethiopia, calling on the government to abandon IMF-prescribed austerity measures amid ...

Kenya is notably absent from the list of Africa’s fastest-growing economies in 2025. The country faces considerable ...

Central Bank of Kenya (CBK) data indicated that the shilling closed the month of May 2025 on a firm note as foreign currency ...

The African Development Bank (AfDB) Group is implementing a $6 billion investment plan to transform Africa’s healthcare ...

ILO Assistant Director-General and Regional Director for Africa, Fanfan Rwanyindo, praised the conference’s record-breaking scale.

The bank, which is Africa's biggest development lender with $318 billion in capital, also cut its initial 2026 growth ...

The route, developed by the United Nations Economic Commission for Africa (UNECA), the African Development Bank (AfDB), and ...

At the backdrop of growing global financial market volatility, the African Development Bank (AfDB) has projected that the ...

A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from April 3 to 17, 2025, to discuss the 2025 Article IV consultation and the third review under ...