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Board Of Governors Approves New $115Bn Capital For AfDB

Governors of the African Development Bank, representing shareholders from 80 countries, approved a landmark $115 billion increase in capital for the continent’s foremost financial institution at an extraordinary shareholders’ meeting held Thursday in Abidjan,.the Ivory Coast capital. The capital increase, the largest in the history of the development finance institution since its establishment in 1964, demonstrated […]

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Africa’s Investment Opportunities Outweigh Constraints – AfDB

The African Development Bank (AfDB) on Monday reported that opportunities for investment in Africa outweigh the obstacles despite the sundry challenges companies are contending with in the various countries. The continental development finance institution in a news report distributed on its behalf by the African Press Organisation (APO) Group, stated in its maiden Africa-to-Africa (A2A) […]