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Latest articles on African Development Bank

South Africa gets $4.3bn IMF loan. In return, the country must reform

Business -
The loan, which is repayable over five years at an interest rate of 1.1%, comes with various self-imposed conditions such cutting the public wage bill and rationalising support to the state-owned entities
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Treasury: IMF’s low interest Covid-19 loan will provide financial relief

Business -
The International Monetary Fund has approved a $4.3-billion – R71-billion – loan to South Africa to bolster the economic relief package
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An African free trade area is in our sights

Opinion -
Successes and failures from other initiative such as the European Union will be instructive, but much work must be done before the African Continental Trade Area becomes a reality
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Jury’s out on green recovery

Business -
Public-private partnerships and big infrastructure builds have been suggested as ways to boost South Africa’s flagging economy. Another option to consider is green bonds, which would also help achieve climate crisis goals
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Manuel: African nations need $40bn for debt relief

Business -
International and regional finance institutions such as the World Bank, the IMF and the AfDB have provided emergency assistance, but there still remains a funding gap to effectively fight Covid-19
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Covid-19 hurts the middle class

Article -
The rich have a security blanket. The poorest have extended government assistance. But for South Africa’s middle class, there is little in the way of financial support during the Covid-19 lockdown. Lester Kiewit spoke to one family who are choosing between food, electricity and bond repayments
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IMF talks are yet to begin

Article -
Measures to contain Covid-19, including the lockdown, are costly and hurt the economy
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Africa’s Covid-19 response should focus on people’s needs — and rights

Article & -
The Covid-19 outbreak should not be used as an occasion to diminish human rights, but as an opportunity to reaffirm them
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Educating Abuja girls to STEM the cost of hi-tech research

Africa -
A recent Wo​rld Bank​ report highlighted the costs of limiting educational opportunity for girls
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SA denies Zim loan request

Africa -
Zimbabwe is already in arrears with the AfDB, the IMF and the Word Bank
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Youth is Africa’s prime challenge – but it could be an asset

Article -
Africa’s population growth will cause most countries to become younger, a trend that will occur at the same time as the rest of the world ages
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Continent must be smart about funding

Article -
To limit dependence on China, Africa has several options to raise cash for infrastructure development
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African Investment Forum seals 80% of targeted deals

Article -
Of the 61 projects discussed at the forum, 45 have been negotiated and closed
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Multibillion dollar investments to be revealed at Africa Investment Forum

Article -
Heads of state from across the continent, senior government officials and investors from across the globe have flocked to the conference
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African Investment Forum has 306 pipelined projects worth $208-billion

Article -
Investors discussed 60 projects and deals worth $40-billion with the aim of fast-tracking closure and removing policy and regulatory constraints
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Latest

Pay-TV inquiry probes the Multichoice monopoly

Sarah Smit
Africa’s largest subscription television operator says it is under threat amid the emerging popularity of global platforms like Netflix and Amazon Prime

​No apology or comfort as another Marikana mother dies without justice

Niren Tolsi
Nomawethu Ma’Bhengu Sompeta, whose funeral will be held this weekend, was unequivocal in calling out the government for its response to the Marikana massacre

Covid-overflow hospital in ruins as SIU investigates

khaya koko
A high-level probe has begun into hundreds of millions of rand spent by the Gauteng health department to refurbish a hospital that is now seven months behind schedule – and lying empty

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