Former NRZ partner clinches US$1bn deal
According to AfDB vice-president for private sector, infrastructure and industrialisation Solomon Quaynor, recapitalising Transnet would improve the railway network in the region.
By Melody Chikono
Dec. 13, 2024
AfDB, UNHCR partner to fund peace, security for refugees
This is coming at a time when Africa is home to over 45 million forcibly displaced people, a number that has grown steadily over the past 13 years and doubled since 2018.
By Melody Chikono
Dec. 6, 2024
AfDB throws lifeline to Zim private sector
About US$13 billion of this amount is owed to foreign creditors.
By Melody Chikono and Tafadzwa Mhlanga
Nov. 29, 2024
Capital risk, policy inconsistency blight Africa’s energy transition
According to IRENA research, 473 gigawatts (GW) of renewable energy capacity was added globally in 2023, with renewable energy accounting for 87% of newly installed capacity
By Kennedy Nyavaya
Oct. 21, 2024
Zim, Malawi get US$35m AfDB climate disaster grant
The funding comes amid the country suffering one of its worst droughts in recent years, with the 2023/24 agricultural period recording a huge drop in yields.
By Business Reporter
Oct. 15, 2024
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CABS eyes stronger ties with AfDB with new policies
The bank is seeking to safeguard the interests of its stakeholders and reduce or eliminate any negative impacts on society and the environment from its partners through the ESG policy.
By Tatira Zwinoira
Oct. 13, 2024
Zim’s energy crisis: A 6,1% GDP drain and the path to economic revival
International financial institutions, such as the World Bank and the African Development Bank, can provide crucial technical assistance and financing for energy projects.
By Lawrence Makamanzi
Sep. 17, 2024
Crushing weight of debt: How Zim’s ballooning arrears are devastating communities
While some of the debt has been contracted with intentions to develop the country, the failure to adequately manage them has put the country in debt distress.
By Yollander Millin
Sep. 13, 2024
AfDB pushes for reform, debt resolution to unlock funding
Mupotola said the AfDB has been engaging in constructive discussions aimed at implementing technical solutions to improve Zimbabwe’s macro-economic environment.
By Tafadzwa Mhlanga
Aug. 9, 2024
