African Development Bank Safe and Sound Financially

African Development Bank Safe and Sound Financially
African Development Bank Safe and Sound Financially

President of the African Development Bank AfDB, Akinwumi Adesina on Friday at the closing ceremony of the Bank’s Annual Meetings in Malabo, Equatorial Guinea announced that the bank is safe and sound in terms of Finance .

Speaking on the just concluded Malabo Meetings, he noted that the shareholders of the Bank are impressed with the work done with Regional Integration in the continent.

He reiterated that the Bank has maintained its AAA rating to source for funds for the development of the continent adding that there is no financial stress.

He also said he plans to run again as head of the group to enable the Bank speed up with some Developmental projects in the continent.


Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.


Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.

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