Tag: African Development Bank

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East Africa’s Economic Outlook Faces $119 Billion Financing Gap Despite Strong Growth

East Africa's economic outlook remains Africa's strongest, with growth projected at 5.9% in 2026 despite a $119 billion annual financing gap. The African Development Bank says stronger domestic revenues, private investment and deeper capital markets will be critical to sustaining growth ...

Kenya, Norway and US Unlock $900m Push for Clean Cooking Access in Africa

Kenya, Norway and the US have secured $900 million in fresh commitments to expand clean cooking access in Africa, strengthening efforts to improve public health, energy security and climate resilience across the continent.

Key SADC Energy and Water Ministers Meet in Pretoria to Drive Mission 300 Rollout

SADC energy and water ministers are meeting in Pretoria to assess Mission 300 implementation, regional electricity projects, water resource management and cross-border energy cooperation ahead of the August SADC Summit.

Congo Opens Borders to All Africans in Bold Visa-Free Travel in Africa Push

Republic of Congo has announced visa-free entry for all African nationals from January 2027, adding momentum to Africa’s growing push for open borders, AfCFTA integration, and freer continental movement.

Breaking the African Premium: Tinubu Pushes for AfCRA at AU Summit

President Tinubu calls for an independent African Credit Rating Agency (AfCRA) to end the $75bn annual "risk premium" bias. Discover how he plans to shield Africa.

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Tema Port cocaine: Spain finds 2.6 tonnes in coconut crates

A 2.6-tonne cocaine shipment concealed beneath false floors in coconut crates from Ghana has been seized in Spain. The Tema Port cocaine seizure adds to a growing list of Ghana-linked drug interceptions in Europe and raises questions about security at the country's export terminals.

Nearly 800 migrants rescued off Senegal in a single day

Nearly 800 migrants rescued off Senegal in a single day as four overloaded boats were intercepted at sea. The operation came amid renewed departures towards Spain's Canary Islands, a deadly shipwreck off Kébémer and growing pressure on Senegalese authorities to disrupt smuggling networks.

9 expelled gold miners dead as Mali counts the cost of Guinea’s crackdown

9 expelled gold miners have died in Mali following Guinea's crackdown on uncontrolled gold mining in Siguiri. As Bamako reports mass arrivals and Conakry counts arrests, questions remain over the circumstances of the deaths, the scale of the expulsions and the treatment of foreign workers.

FRN offensive pushes deep into South Kivu as Kabila’s rebel front tests Kinshasa

Joseph Kabila's FRN offensive has made rapid gains in South Kivu, capturing settlements along the RN3 highway and displacing more than 160,000 people. The advance raises questions about military preparedness, alleged complicity within the Congolese army and the future of the Doha peace process.

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