African Development Bank - updates

Rappler's latest stories on African Development Bank

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Pandemic may push 50 million Africans into extreme poverty – AfDB

Jul 08, 2020 - 12:00 PM

The African Development Bank says Nigeria, the continent's most populous country, would see the greatest rise in poverty

People queue to collect food parcels distributed to cushion the effect of lockdown in the Ikorodu district of Lagos, on April 30, 2020. - President Muhammadu Buhari on Monday ordered a "phased and gradual easing" from next week of a lockdown covering Africa's biggest city, neighbouring Ogun state and the national capital Abuja (Photo by PIUS UTOMI EKPEI / AFP)

Mary Robinson to lead probe into African Development Bank chief

Jul 02, 2020 - 5:45 PM

Former Irish president Mary Robinson will lead a panel that will look into corruption allegations against African Development Bank chief Akinwumi Adesina

LENDER. The African Development Bank headquarters in Abidjan, Ivory Coast. Photo from AfDB website

Under-fire African Development Bank boss facing new graft probe

Jun 05, 2020 - 10:45 AM

Akinwumi Adesina, who is seeking reelection as president of the African Development Bank, now faces an independent inquiry

BANK CHIEF. African Development Bank president Akinwumi Adesina gives a press conference in Ouagadougou, Burkina Faso, on September 13, 2019. File photo by Issouf Sanogo/AFP

African Development Bank says 'no decision' yet on demands for probe

May 29, 2020 - 8:00 AM

Niale Kaba, the chair of the African Development Bank board, counters what she says was 'false' information

LENDER. The African Development Bank headquarters in Abidjan, Ivory Coast. Photo from AfDB website

African Development Bank chief hits back over graft accusations

May 27, 2020 - 11:15 PM

'I maintain my innocence with regard to trumped-up allegations that unjustly seek to impugn my honor and integrity, as well as the reputation of the African Development Bank,' says Akinwumi Adesina

BANK CHIEF. African Development Bank president Akinwumi Adesina gives a press conference in Ouagadougou, Burkina Faso, on September 13, 2019. File photo by Issouf Sanogo/AFP

U.S. urges probe into alleged ethics breach by African Development Bank

May 25, 2020 - 11:10 PM

(UPDATED) A letter shows United States Treasury Secretary Steven Mnuchin expressed 'deep reservations' about the outcome of an internal inquiry clearing African Development Bank chief Akinwumi Adesina

LENDER. The African Development Bank headquarters in Abidjan, Ivory Coast. Photo from AfDB website

African Development Bank whistleblowers demand independent probe

May 12, 2020 - 10:40 PM

Whistleblowers claim the internal probe into allegations against African Development Bank president Akinwumi Adesina 'was tainted by irregularities'

LENDER. The African Development Bank headquarters in Abidjan, Ivory Coast. Photo from AfDB website

African Development Bank chief cleared of ethics abuses

May 12, 2020 - 7:40 AM

The African Development Bank's ethics committee finds that the complaint against Akinwumi Adesina 'rested on no objective, solid facts'

BANK CHIEF. African Development Bank president Akinwumi Adesina gives a press conference in Ouagadougou, Burkina Faso, on September 13, 2019. File photo by Issouf Sanogo/AFP

African Development Bank creates $10-billion fund for virus aid

Apr 09, 2020 - 11:00 AM

The African Development Bank vows that 'no country will be left behind'

PANDEMIC. A medical staff member measures a man's temperature as a preventive measure against the COVID-19 coronavirus on his arrival of repatriation in Gatumba, on border with the Democratic Republic of Congo (DRC), in Burundi, on March 18, 2020. Photo by Onesphore Nibigira/AFP

African Development Bank chief accused of multiple violations

Apr 07, 2020 - 7:55 AM

Akinwumi Adesina, who faces accusations of unethical conduct and preferential treatment, says the allegations against him are 'blatantly false'

African Development (AFDB) president Akinwumi Adesina gives a press conference after a G5 sahel energy summit on September 13, 2019 in Ouagadougou. - Producing 1,100 megawatts of solar electricity for 60 million G5 Sahel people by 2030 is the goal of the "Desert to Power" initiative presented by the African Development Bank (AfDB) in Ouagadougou. (Photo by ISSOUF SANOGO / AFP)

Africa sets up $28M Ebola crisis fund

Nov 10, 2014 - 12:48 AM

According to the World Health Organization 13 268 people have been infected with Ebola across 8 countries and 4 960 of them have died

READY FOR ACTION. A picture made available 13 August 2014 shows Nigerian health workers in protective clothing wait in an emergency ward as preparation for receiving any emergency Ebola patients at the National Hospital in Abuja, Nigeria, 12 August 2014. File photo by EPA