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Tunisia trains UAV pilots for agricultural productivity

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Eight pilots have successfully passed their unmanned aerial vehicle (UAV), or drone, flight training in Tunisia following a two-week training period organized by the...

AfDB to decide fate of $296 million Ivorian Airbus purchase

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The African Development Bank is expected on Wednesday to decide the fate of a $296 million financing package for Ivory Coast national...

AfDB pledges $498 mln to Moroccan renewables plan

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The African Development Bank (AfDB) said it was close to approving 373 million euros (US$498 million) in financing for renewable energy in...

AfDB sets out bullish vision for Africa

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By 2060 three quarters of Africa's 2 billion-plus people will be cities and most countries will be "upper middle income", but economic...

Africa can weather crisis, but risks loom: AfDB

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Strong growth prospects and double-digit returns for investors will help shield Africa from the debt crisis enveloping the western world, the chief...

Inga hydro project on Congo river too risky-AfDB

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Current plans to develop the stalled US$8-US$10 billion Inga 3 hydropower project on the Congo river may be too risky because of...

Africa should borrow for infrastructure: AfDB

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African countries with access to capital markets should tap them for the development of infrastructure, the head of the African Development Bank...

African economies have “passed stress test”

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African economies have shown resilience in the face of global financial adversities, have passed the stress test and can be expected to...

Burundi needs $5.8 bln for infrastructure: study

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Burundi needs $5.8 billion for infrastructure such as telecommunications, electricity and transport projects over the next two decades, a study by the...

Zimbabwe seeks HIPC status for debt relief: minister

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Zimbabwe will seek highly indebted poor country status to have its $6 billion international debt cancelled to help spur economic growth, Finance...

Africa seeking $40 bln/yr in climate aid

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Rich nations at the Copenhagen climate summit should commit $40 billion a year in new money to help Africa tackle the consequences...