Nigeria commits $618m for digital skills, job creation

I-DICE will support 451 tech start-ups, 226 creative enterprises and 75 enterprise support organisations, and the benefits to Nigeria’s economy are pegged at $6.4 billion.
Samuel Mungadze
Dec 2, 2022

AfDB launches digital data initiative to empower Angolan business

RASME is a set of real-time digital data-gathering tools and processes that enable the Bank, its clients and development partners to better prepare projects.
Sep 27, 2022

Microsoft, AfDB partner to help Africa’s youth scale into business

Utilising the Bank’s Youth Entrepreneurship Investment Banks (YEIB), the partnership will scale up technical and financial support for young entrepreneurs.

Africa readies remedy to transform pharmaceutical industry

“Africa can no longer outsource its healthcare security to the benevolence of others” said African Development Bank Group (AfDB) President, Dr Akinwumi Adesina.
Jun 13, 2022

Ghana brightens up economic prospects after securing solar tech deal

West African country pens grant agreement with AfDB, government of Switzerland.

Fibre optic interconnection linking Cameroon and Congo now operational

Completion of first phase of the Congolese component of the Central African Backbone (CAB) project.
Apr 19, 2022

AfDB earmarks €9.8m equity investment to drive tech

Bank’s investment is expected to accelerate the creation of a new class of successful African entrepreneurs that will serve as a model to younger innovators.
Feb 17, 2022

Fintech trends changing the face of payments

Mark Dankworth, President Business Development Africa at Ukheshe, shares his thoughts on how mobile money, cross-border payments and ‘buy now, pay later’ are transforming the financial sector, particularly in emerging markets, for the better.
Dec 17, 2021

AfDB invests US$170m in Nigeria’s digital future

The investment in Digital and Creative Enterprises Program (i-DICE) is a government initiative established to promote investment in digital and creative industries.
Nov 15, 2021

New initiative launched to sharpen Africa’s data management

AfDB, World Bank roll out RASME project in Gabon.

Africa backs global solar grid initiative

One Sun One World One Grid global solar grid initiative launched by the UK and India.
Oct 21, 2021

US$500k earmarked to bolster financial services delivery in Nigeria

African Development Bank Group and MTN pen grant agreement to study women’s access to financial services.