World News

Swaziland secures $63-million AfDB loan to finance smallholder irrigation project

9/5/2016/AfDB Swaziland has secured a US $63 million (ZAR 2.01 billion) loan to finance the second phase of the Lower Usuthu Smallholder Irrigation Project (LUSIP II) in the southeastern part of the country. The LUSIP II, approved by the African Development Bank Board on Wednesday, May 5, 2016, is a […]

African Development Bank President meets with ADEA Steering Committee Delegation

9/5/2016/AfDB A delegation of the Association for the Development of Education in Africa (ADEA) Steering Committee, led by Oley Dibba-Wadda, ADEA Executive Secretary, met with Akinwumi Adesina, President of the African Development Bank Group (AfDB), on April 25, 2016 at the Bank’s offices in Abidjan. The purpose of the meeting […]

IMF Executive Board Approves FY2017–FY2019 Medium-Term Budget

6/5/2016/IMF On April 20, 2016, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2017, beginning May 1, 2016,  and took note of indicative budgets for FY2018–19.  The net administrative budget for FY2017, which covers all administrative expenses net […]