African Development Bank

Ignoring OBOR, India and Japan forge ahead with joint connectivity project

India and Japan had begun a dialogue on Africa in 2010, a continent in which both have much stake. The main objective of the AAGC is to enhance growth and connectivity between Asia and Africa.

Jul 30, 2017, 12:32 PM IST

When PM Narendra Modi stopped his convoy to let an ambulance go ahead

Prime Minister Narendra Modi was in Gandhinagar yesterday to inaugurate the 52nd Annual Meetings of the African Development Bank.

May 24, 2017, 11:53 AM IST

India must be an engine of global growth: PM Narendra Modi

Our aim is that India must be an engine of growth as well as an example in climate friendly development in the years to come, Prime Minister Narendra Modi said on Tuesday.

May 23, 2017, 11:20 AM IST

'India, Africa must look at opportunities for diversification'

The fast-growing economies in India and Africa will have to diversify to cash in on the boom in many sectors, a top African economist said on Monday

Mar 21, 2016, 22:56 PM IST

Exim Bank co-promotes project development firm in Africa

Exim Bank on Tuesday said it will set up in Africa a development firm KPDC, in partnership with others, to facilitate Indian participation in infrastructure projects across the continent.

Oct 27, 2015, 14:23 PM IST

RBI allows repos in debt issued by multilateral bodies

To boost the tepid corporate bonds market, RBI on Tuesday allowed bonds issued in Indian market by multilateral agencies such as World Bank Group, ADB and African Development Bank to be considered as eligible underlying for repo in corporate debts.

Feb 03, 2015, 22:36 PM IST