World News

$4 Trillion is New Annual Financial Target to Save SDGs, says AfDB’s Adesina

Adesina also spotlighted the African Development Bank’s strategic High 5 program as a cornerstone for progress, as underscored by an independent analysis by the United Nations Development Program April 29, 2024/AfDB Adesina delivers keynote address as Islamic Development Bank marks its 50th anniversary; Climate and health initiatives are of paramount importance.  […]

NBA Launches Accelerator Focused on Early-Stage African Startups

NBA Africa Startup Accelerator will support Africa’s tech ecosystem and the next generation of African tech entrepreneurs by providing them with access to mentorship and capital April 24, 2024/NBA “Triple-Double: NBA Africa Startup Accelerator” Will Provide Top African Startup Companies in the Sports and Creative Industries with Funding and Mentorship […]

Africa’s $824Bn Debt Burden and Opaque Resource-Backed Loans Hinder Its Potential, AfDB President Warns

The continent would pay $74 billion in debt service payments this year alone, a sharp increase from $17 billion in 2010 April 24, 2024/AfDB Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Akinwumi Adesina […]