African Development Bank Group Chief Economist Kevin Chika Urama urges Nordic and Irish entrepreneurs to make Africa their business and investment...

 L-R: Prof. Kevin Urama, Chief Economist/Vice President for Economic Governance & Knowledge Management, African Development Bank Group, Ms. Ellen Cathrine Rasmussen, Executive Vice President, Norfund, Mr. Hans Olav Kvalvaag, CEO, Release by Scatec and Prof Dan Banik of the University of Oslo in a panel...

African Development Bank imposes 12-month Conditional Non-Debarment on Unik Construction Engineering (Pty) Limited for a Corrupt Practice

The African Development Bank Group, on 13 October 2023 announces the conclusion of a negotiated settlement agreement with Unik Construction Engineering (Pty) Limited, thus putting an end to sanctions proceedings for a corrupt practice against Unik Construction Engineering (Pty) Limited.

2023 IMF/World Bank Annual Meetings: Multilateral Development Banks pledge stronger financing capacity for greater impact

Heads of multilateral development banks (MDBs) attending this year’s IMF/World Bank Annual Meetings in Morocco have pledged to strengthen their individual and collaborative actions to accelerate inclusive socioeconomic development.

Statement of the Heads of Multilateral Development Banks Group: Strengthening Our Collaboration for Greater Impact

The world faces a global “polycrisis” affecting human and economic development at an unprecedented scale. Progress towards the Sustainable Development Goals (SDGs) has been painfully slow. For many countries, that progress has stalled or reversed, while the climate emergency is felt in intensifying force around the...