Islamic Development Bank (IDB) News

The African Development Bank (AfDB): Connecting regions (Reuters/Thomas Mukoya)

Why you should care who's in line to run the African Development Bank

This week, the African Development Bank (AfDB), the World Bank of Africa if you like, will elect a new president to replace Donald Kaberuka, a former Rwandan finance minister, who steps down on August 31 after a decade in charge.

Cristina Duarte, Cape Verde’s Finance Minister. Photographer: Nicholas Kamm/AFP/Getty Images

First woman candidate for AfDB boss says Africa must retain wealth

Cristina Duarte, the finance minister from Cape Verde who is the first woman to stand for the presidency of the African Development Bank, said the lender should encourage wealth generated in Africa to stay on the continent.

Daniel Kablan Duncan, Prime Minister of Ivory Coast

Ivory Coast eyes double-digit GDP growth until 2020, says Prime Minister Daniel Kablan Duncan

Ivory Coast is hoping to achieve double-digit economic growth this year and every year until 2020, Prime Minister Daniel Kablan Duncan said on Tuesday.