Discovery Bank has been sanctioned by the South African Reserve Bank's Prudential Authority over violations of the Financial ...

Akinwumi Adesina, outgoing president of the African Development Bank, is warning that foreign firms are underpaying for carbon credits from African forests. “We used to have land grabs. Now we are ...

Financial leaders urge central banks to place a slice of foreign exchange reserves with local lenders – under tighter ...

The African Export-Import Bank (Afreximbank) has projected that Africa’s rice market will grow from an estimated $24 billion in 2024 ...

The Oxford Global Think Tank has expressed support for the African Development Bank’s (AfDB) proposal to leverage International Monetary Fund (IMF) Special ...

The Board of Directors of the African Development Bank Group has approved a $6 million grant to the African Risk Capacity ...

Efficiency, good governance, credibility… To do its job better, the pan-African lender needs to overhaul its structure. Its president holds too much say, argues Algerian economist Rabah Arezki, a ...

The International Finance Corporation, the World Bank's private investment arm, is expanding its local-currency lending and ...

More than 260 charities on Monday urged banks not to finance a $3.5 billion oil pipeline in East Africa, concerned the project could lead to the loss of community land and livelihoods, environmental ...

Despite contributing less than 4% of global greenhouse gas emissions, Africa is home to nine of the world’s most ...