Current Vacancies - African Development Bank Group
Position title Grade Location Publication date Closing date; Senior Capacity Development Officers, ECAD1: PL5 : Abidjan, Côte d'Ivoire : 29-Oct-2024
Making a Difference - African Development Bank Group
Recognizing champions in Kenya who are boosting food production and transforming lives. The African Development Bank Group is a regional multilateral development finance institution established to contribute to the economic development and social progress of African countries that are the institution's Regional Member Countries.
Mission and Strategy - African Development Bank Group
The Bank Group 10-Year Strategy of the African Development Bank Group 2024-2033 rests on a foundation of optimism about Africa’s potential to transform societies, economies, and the lives of the people of the continent for the better. Over the past two decades, Africa has got many of the fundamentals right, enjoying its most sustained period of …
Kenya Economic Outlook - African Development Bank Group
Kenya Economic Outlook. Recent macroeconomic and financial developments. Kenya’s economy grew 5.2% in 2023, up from 4.8% in 2022, as agriculture rebounded, and services grew moderately. On the supply side, services accounted for 69% of the growth and agriculture for 23%, while on the demand side, household consumption accounted for 70%.
Nigeria Economic Outlook - African Development Bank Group
Nigeria Economic Outlook. Recent macroeconomic and financial developments. economic growth in Nigeria slowed from 3.3% in 2022 to 2.9% in 2023 due to high inflation and sluggish growth in the global economy, which declined from 3.5% in 2022 to 3.2% in 2023. Growth was driven by services and agriculture on the supply side and by consumption and ...
South Africa Economic Outlook - African Development Bank Group
South Africa is among the top 10 most unequal countries globally. The outlook is weakly positive, with GDP growth projected at 1.3% in 2024 and 1.6% in 2025, as new infrastructure investments support construction and recovery of other sectors. Inflation is expected to moderate at 4.8% in 2024. The fiscal deficit is projected to decline to about ...
African Economic Outlook 2024 - African Development Bank Group
This challenging environment has led to a slowdown in Africa's real GDP growth, which dropped to 3.1 percent in 2023 from 4.1 percent in 2022. Looking forward, however, the economic outlook is more positive, with growth expected to increase to 3.7 percent in 2024 and 4.3 percent in 2025, highlighting the strong resilience of African economies.
Ethiopia Economic Outlook - African Development Bank Group
Ethiopia Economic Outlook. Recent macroeconomic and financial developments. Ethiopia’s economy grew 7.1% in 2022/23, up from 6.4% in 2021/22, led by 7.9% growth in the services sector, which accounts for 40% of GDP. Industry, at 28% of GDP, grew 6.9% and agriculture, at 32% of GDP, grew 6.3%, also supporting growth.
Uganda Economic Outlook - African Development Bank Group
Uganda Economic Outlook. Recent macroeconomic and financial developments. Uganda’s economy expanded 4.6% in 2023, lower than the 6.3% registered in 2022. Despite strong performance in mining, construction, and hospitality, lower manufacturing output and contractions in food production and public administration led to the slowdown.
Zimbabwe Economic Outlook - African Development Bank Group
Zimbabwe Economic Outlook. Recent macroeconomic and financial developments. Real GDP growth moderated from 6.1% in 2022 to 5.0% in 2023, due mainly to drought and floods that affected agricultural output and to higher costs of fuel and food imports. Zimbabwe has a multicurrency monetary system, with the Zimbabwe dollar (ZWL) and the US dollar ...