Latest articles on African Development Bank

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

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

Treasury: IMF’s low interest Covid-19 loan will provide financial relief

The International Monetary Fund has approved a $4.3-billion – R71-billion – loan to South Africa to bolster the economic relief package

An African free trade area is in our sights

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

Jury’s out on green recovery

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

Manuel: African nations need $40bn for debt relief

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

Covid-19 hurts the middle class

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

IMF talks are yet to begin

Measures to contain Covid-19, including the lockdown, are costly and hurt the economy

Africa’s Covid-19 response should focus on people’s needs — and rights

The Covid-19 outbreak should not be used as an occasion to diminish human rights, but as an opportunity to reaffirm them

Educating Abuja girls to STEM the cost of hi-tech research

A recent Wo​rld Bank​ report highlighted the costs of limiting educational opportunity for girls

SA denies Zim loan request

Zimbabwe is already in arrears with the AfDB, the IMF and the Word Bank

Youth is Africa’s prime challenge – but it could be an asset

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

Continent must be smart about funding

To limit dependence on China, Africa has several options to raise cash for infrastructure development

African Investment Forum seals 80% of targeted deals

Of the 61 projects discussed at the forum, 45 have been negotiated and closed

Multibillion dollar investments to be revealed at Africa Investment Forum

Heads of state from across the continent, senior government officials and investors from across the globe have flocked to the conference

African Investment Forum has 306 pipelined projects worth $208-billion

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

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

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

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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