African Development Bank

Uganda Gov’t plans to borrow over UGX 5.8 trillion in a single sitting amid rising debt concerns

by Paul MurungiEast AfricaFinanceMinistries, Agencies & DepartmentsNews & AnalysisThe Big StoryMarch 25, 2025March 25, 2025

A leaked memo from the Office of the Prime Minister reveals that the government of Uganda plans to review and possibly approve borrowing proposals amounting to over USD 1.6 billion…

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IN THE HOT SEAT: Will Benon Kajuna finally revive Uganda’s ailing Railway system? 

by Paul MurungiAfricaCompany NewsDestinationsEast AfricaFinanceIndustry & AnalysisNews & AnalysisProfilesThe Big StoryFebruary 10, 2025February 10, 2025

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ATAF, AfDB Celebrate 10 Years of Domestic Resource Mobilisation in Africa

by Trevor LutaloCompany NewsGovernment AgenciesMinistries, Agencies & DepartmentsJanuary 23, 2025March 15, 2025

The African Tax Administration Forum (ATAF) and the African Development Bank (AfDB) have marked ten years of collaboration dedicated to advancing Africa’s development through enhanced Domestic Resource mobilisation (DRM). ATAF…

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President Kagame appoints Jean-Guy Afrika as new CEO of Rwanda Development Board

by Paul MurungiAfricaAfricaCEOsEast AfricaFinanceIndustry & AnalysisNews & AnalysisProfilesThe Big StoryJanuary 13, 2025January 13, 2025

Rwandan President Paul Kagame has tapped Jean-Guy Afrika, a fellow Rwandan seasoned economist who spent over a decade at the African Development Bank, to lead the Rwanda Development Board (RDB)…

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Uganda: African Development Bank to lend more than $252 million to improve rural transport, facilitate regional integration

by CEO ReporterAfricaFinanceDecember 2, 2023December 2, 2023

The board of directors of the African Development Bank Group has approved a loan of $252.83 million to Uganda, to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The…

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African Development Bank sponsor of African Green Revolution Forum

by CEO ReporterNews & AnalysisSeptember 7, 2022September 7, 2022

The African Development Bank returns as a top-tier partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – taking place in Kigali, Rwanda, from 6-9 September 2022.On…

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Uganda’s Alex Mubiru appointed African Development Bank Director General, Cabinet Office

by CEO ReporterNews & AnalysisAugust 10, 2022August 10, 2022

The African Development Bank has appointed Dr. Alex Mubiru as Director General in the Cabinet Office of the Bank Group’s President, with effect from 16 August 2022.Dr. Mubiru, a Ugandan…

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My hands are full, says AfDB President Adesina as he declines Nigerian presidency calls

by CEO ReporterAfricaNews & AnalysisMay 17, 2022May 17, 2022

African Development Bank President Dr. Akinwumi A. Adesina has declined calls to stand for Nigerian President saying he remains fully engaged to the mission of developing Africa.He, in a statement,…

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CONTINENTAL EXCELLENCE: Centenary Bank listed among African Banker Award nominees for 2022

by CEO ReporterCompany NewsNews & AnalysisMay 4, 2022May 4, 2022

Centenary Bank has made it to the highly coveted list of over 60 nominees for this year’s African Banker Awards.The African Banker magazine, (a continental business publication) has announced the…

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Global development finance coalition commits over US$ 5.5 billion for Micro, Small & Medium Enterprises financing in Africa

by CEO ReporterAfricaNews & AnalysisFebruary 17, 2022February 17, 2022

The coalition for a sustainable and inclusive recovery of the private sector an international group of 20 development finance institutions that came together in 2020, today announced commitments of over USD 5.55…

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