African Development Bank

Ethiopia
Ethiopian Airlines airport mega-project still up in the air

The airport project led by national airline Ethiopian Airlines has not fully convinced the International Monetary Fund experts, who have stated that the financing of the new airport remains uncertain.

Cameroon
Two Chinese firms Sinohydro and CHEC compete for Édéa-Kribi road contract

Two Chinese infrastructure giants, China Harbour Engineering Co and Sinohydro, are neck and neck in the race to win the tender launched in February by the African Development Bank.

Niger
Niamey requests extension of IMF programme

Faced with a tense financial situation, the junta led by General Abdourahamane Tchiani would like to extend an agreement between his country and the International Monetary Fund until the beginning of 2026.

Ethiopia, Ivory Coast
The AfDB calls on Interpol to recover missing €4.8m

In cooperation with the AfDB's director of anti-corruption, Paula Santos Da Costa, Interpol investigators are trying to recover the annual fee owed by Ethiopia, which disappeared at the end of 2023.

Africa
A tense succession for head of Afreximbank Benedict Oramah

After a decade as chairman of the pan-African bank, Nigerian Benedict Oramah will be handing over the reins at the end of June. Two contenders are in the running for the post at a time when the institution is in a precarious financial position.

Morocco
Fresh investment duo bet on new private hospital

The kingdom's rapidly expanding private hospital sector is seeing a tandem of African and UK investors embark on the construction of a new facility in Casablanca.

Palace Intrigues
William Ruto, Hassan Sheikh Mohamud, Sidi Ould Tah

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Kenya/SomaliaWilliam Ruto phones Hassan Sheikh Mohamud to give assurances

Djibouti/MauritaniaAfDB: Djibouti minister of finance gives full support for Mauritanian candidate

Sudan/CARCentral African intelligence head's not-so-secret visit to Port Sudan

KenyaSeason 2 of The Agency to be shot in Kenya

Ivory Coast
Ouattara appoints new executive director to African Development Bank

Leaving his post as executive director for Ivory Coast to the African Development Bank, Adama Koné will be replaced by Massandjé Touré-Litsé, who until recently had been commissioner to ECOWAS.

South Africa
Despite Africa Finance Corp's advances, Pretoria refuses membership

Although the object of several years of intense lobbying, South Africa is reluctant to become the 46th African member of AFC. The financial institution is nevertheless multiplying its initiatives and projects.

Cameroon
Cameroon orders audit of Eneo as Actis digs in over sale price

Finance Minister Louis-Paul Motaze is struggling to reach an agreement with the British investment fund over the value of electricity operator Eneo. With Actis seeking more than 100 billion CFA francs, Yaoundé is set to assess the state of the network.

Senegal
Sahel expert tipped to take over UK embassy in Dakar

Carina Robarts' profile stands out within the Foreign, Commonwealth and Development Office as a replacement for Juliette John as head of the British Chancellery in Senegal.