Uganda said the African Development Bank has tentatively allocated about $650 million to partly fund the construction of a railway linking the capital, Kampala, to Malaba at the Kenyan border.

The week-long gathering is the first since Sidi Ould Tah, Mauritania’s former finance inister, was elected the lender’s ...

World Bank Group, African Development Bank initiative could halve the number of people in Africa living without electricity access WASHINGTON, April 17, 2024 – The World Bank Group and African ...

The African Development Bank Group's five-day Annual Meetings in Brazzaville, concluded on Friday 29 May 2026 with the Board of Governors strongly endorsing President Dr Sidi Ould Tah's mandate to ...

Ned Rauch-Mannino was a Visiting Fellow for The Heritage Foundation’s Douglas and Sarah Allison Center for National Security. MDBs can be a strategic soft power tool in support of America’s “peace ...

The World Bank, flagship of the world’s international development funds, faces questions about its relevance as a scandal topples its president and a series of smaller challengers sap its authority.

At its launch almost a decade ago, the BRICS nations’ New Development Bank (NDB) was celebrated as a chance for countries across the Global South to break free of the US-dominated IMF and World Bank ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Angola's state oil firm Sonangol seeks $4.8 billion loan from China for refinery Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to ...

Development Bank of Japan has invested in HDFC Capital's H-DREAM Fund, marking its first real estate venture in India. The ...

The latest news and top stories on New Development Bank. A prominent Shanghai, China-based international financial institution, the New Development Bank (NDB) was established by the BRICS states to ...