Subscribe & Follow

Advertise your job vacancies

African Development Bank mobilises $8.9bn for low-income African countries

The African Development Fund's partners have agreed to commit a total package of $8.9bn to its 2023 to 2025 financing cycle, the African Development Bank said.

7 Dec 2022

Source: Reuters.

Source: Reuters.

The African Development Fund is the concessional window of the African Development Bank group, providing grants and soft loans to the continent's low-income countries.

The bank said it was the largest replenishment in the history of the African Development Fund.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

Top stories

Car sales in South Africa hit 10-year high

AutomotiveCar sales in South Africa hit 10-year high

47 minutes

Source:

Marketing & MediaWPP turns decades of data into AI agents with new Agent Hub

1 hour

Image credit: By - Own work, ,

HealthcareDiscovery Health now takes full financial responsibility for medical scheme error

2 hours

Heavy rainfall warning issued for Kruger National Park visitors

Tourism & TravelHeavy rainfall warning issued for Kruger National Park visitors

2 days

Source:

Marketing & Media‘If you don’t like dark roast, this isn’t the coffee for you’: How exclusionary ads can win over the right customers

Jaclyn L. Tanenbaum and Karen Anne Wallach 3 hours

Tidal Rave Festival: How a youth festival is building Africa’s cultural infrastructure

Marketing & MediaTidal Rave Festival: How a youth festival is building Africa’s cultural infrastructure

BA:KO by EchoHouse 1 hour

More news

Former FNB CEO Michael Jordaan backs Adbot to build tools that multiply marketing capacity

Marketing & Media

Former FNB CEO Michael Jordaan backs Adbot to build tools that multiply marketing capacity

AdBot 47 minutes

Start 2026 right: Refresh your home with Volpes

Retail

Start 2026 right: Refresh your home with Volpes

Volpes 57 minutes

Back to school, back to business: Why long term car rental is reshaping January in South Africa

Automotive

Back to school, back to business: Why long term car rental is reshaping January in South Africa

Pace Car Rental 15 minutes

Locals walk past trains parked at Lobito station, which forms part of the Benguela Railway line, in Lobito, western Angola. Image credit: Reuters

Energy & Mining

The Lobito Corridor and why Africa needs to think globally and act regionally

Shirley Webber and Stephen Seaka 37 minutes

Image source: Jatuphol Jaturapat –

Education

Umalusi reassures public of integrity of 2025 matric exam results

1 hour

Supplied image

Education

R5m in school fees up for grabs in KFC promotion

2 days

Volvo recalls popular EX30 electric cars in South Africa

Automotive

Volvo recalls popular EX30 electric cars in South Africa

3 days

Global food prices ease in December, but 2025 ends higher overall

Agriculture

Global food prices ease in December, but 2025 ends higher overall

2 days

Image source: rawpixel.com from

Legal

Adoption of latest Nice Classification: What this means for SA trade marks

Marcelle Samons and Alicia van der Walt 8 Jan 2026

Global air cargo demand rises 5.5% on year-end logistics rush

Logistics & Transport

Global air cargo demand rises 5.5% on year-end logistics rush

2 days

Let's do Biz