He may have entered the race last, but Sidi Ould Tah intends to win this marathon nonetheless. The Mauritanian candidate for the presidency of the African Development Bank (AfDB) has just stepped down ...

Home to 70% of the world’s poor, most of Africa‘s people are under 25. The continent’s youth are increasingly aware of the income and opportunity gap that separates them from others around the globe.

W hen Akinwumi Adesina began his tenure as president of the conti- nent’s pre-eminent multilateral development bank in 2015, the African Development Bank had a capital base of $93bn. Nine years later, ...

The World Bank Group has committed $8.2bn to expand electricity access across Sub-Saharan Africa as part of a broader push to tackle one of the region’s most persistent development challenges, with ...

Bank of Africa Senegal (BRVM: BOAS), the Dakar-based lender within the BMCE Group, opened 2026 on a stronger footing, growing net profit by about 10% year-on-year in the first quarter to 5.74 billion ...

African nations are planning the creation of an African Energy Bank. African resource-rich countries have grown frustrated with Western banks' refusal to lend money for the development of oil and gas ...

Over the past century, the world has witnessed rapid transformation and development, but now it is crucial to revolutionise current models and embrace sustainability as a critical factor in shaping ...

In a rating action note dated 28 October 2021, Moody’s said the key factors underpinning the affirmation include robust capital buffers, combined with superior risk management which contain the ...

This distinguished recognition underscores Mr. Mediratta’s outstanding leadership, strategic vision, and continued ...

Panel discussion: Investors share their vision for what will stimulate private sector investment in Africa’s energy sector, government initiatives that would increase investor confidence, and consider ...

At the Bloomberg Philanthropies Global Forum, a dedicated session focused on Mission 300—a platform to provide electricity to 300 million people in Africa by 2030. The session brought together African ...