Finance

AfDB places Zhongmei Engineering Group on conditional non-debarment

AfDB ZEG fraudThe African Development Bank (AfDB) has announced a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in Uganda

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Africa mobilising to minimise losses as COVID-19 continues

Africa UN covid crisisThe UN secretary-general António Guterres has pledged that the international organisation is standing in solidarity with Africa as it braces against the unprecedented economic, social and health impacts of the COVID-19 pandemic

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AfDB's ‘Fight COVID-19’ social bond listed on London Stock Exchange

15046016874 038dcc94f1 oThe African Development Bank’s (AfDB) ‘Fight COVID-19’ social bond was listed on London Stock Exchange on 3 April 2020

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African Union and African private sector launch COVID-19 Response Fund

africa covid fund privateAhead of an expected surge in cases of COVID-19 in Africa, the African Union and the Africa Centres for Disease Control and Prevention (Africa CDC) have launched a public-private partnership with the AfroChampions Initiative, known as the Africa COVID-19 Response Fund

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Addressing African response to COVID-19 pandemic

Ramaphosha cyril 8 AprilSouth African President Cyril Ramaphosa and chairperson of the African Union (AU) convened a second and follow-up teleconference meeting of the AU Bureau of heads of state and government to discuss the African response to the COVID-19 pandemic

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