West Africa’s economy is projected to remain one of Africa’s fastest-growing regions, according to the African Development Bank in its West Africa Economic Outlook 2026. The report projects regional growth of 4.7 per cent in 2026, supported by agriculture, mining, hydrocarbons and infrastructure investment, while highlighting the need to strengthen domestic resource mobilisation, deepen financial…
Browsing: AfDB
Determined to usher a new lease of life for African economies,Nigeria and the African Development Bank, AfDB have called for stronger African control over the continent’s vast mineral retrategic financing as essential to ensuring that mineral-rich countries in Africa derive greater economic value from their natural assets
The mobilisation of capital for Africa’s climate challenge must necessarily be multifaceted – comprising local, global, and hybrid. In this regard, Development Finance Institutions (DFIs) – whether at national, continental, and multilateral levels – have a duty to direct funding towards ESG-compliant entities, projects, and community resilience causes, especially those built on solid sovereign frameworks.…
The African Development Bank-led Green Mobility Financing Facility for Africa (GMFA) is set to expand its support for clean transport after receiving $13.46 million in new funding from the Global Environment Facility (GEF).
