The South African business people who are expected to travel to Ghana on Tuesday said they were confident that they will be able to explore the trade and investment opportunities in the West African country successfully. The business people are...

Entrepreneurship has been defined as the key to any nation’s economic development. To this end, the African Development Bank and the Tony Elumelu Foundation have signed a Letter of Intent to accelerate youth entrepreneurship across Africa. The partnership will bring...

Multinational technology giant, Microsoft, has teamed up with First Bank in a partnership that will assist Small and Medium Enterprises (SMEs) in Nigeria to adopt digital transformation of their businesses. The partnership, seen as a win-win for all parties, offers...

The legal cannabis industry in Africa could be worth more than $US 7.1 billion annually by 2023, according to market intelligence and strategic consultancy firm Prohibition Partners. In a press statement released on Thursday, the company said that its research...

The Japanese Multinational automobile manufacturing company, Suzuki Motor Corporation has announced its intention to set up a production facility in Ghana and make the country the hub of its operations in sub-Saharan Africa. Mr Koichi Suzuki, Suzuki’s General Manager in-charge...

Digitisation has the greatest potential to influence trade and productivity in Africa, according to the head of the United Nations Economic Commission for Africa (ECA). Adam Elhiraika made the comments during debate at a conference of African ministers of finance,...

Mogadishu, Somalia, 19 March 2019 – The Italian Government has signed an agreement for an additional €1 million contribution to the Multi-Partner Somalia Infrastructure Fund. Established by the Bank in October 2016, the Fund is one of the financing windows...

The African Development Bank is pleased to announce the nomination of Professor Anthony Nyong, Director for Climate Change and Green Growth, as one of the ‘100 Most Influential People in Climate Policy 2019’ by Apolitical, a peer-to-peer learning platform for...

Tanzania has followed South Africa and Botswana with the launch of an international gold trading centre in the gold-rich region of Geita as part of its efforts to fight the smuggling of minerals, according to a report on Tuesday. South...

A French consortium will build a new railway line linking Nairobi’s Jomo Kenyatta International Airport (JKIA) and the central business district within the next two years, according to a report on Tuesday. The commuter rail, complemented by a Rapid Bus...