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BRICS summit to discuss Argentina membership

The formalisation of the Brics Development Bank and targets missed by some of the Brics countries in the millennium development goals are some of the issues that will be discussed

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BRICS leaders meet in Brazil to launch Development Bank

BRICS heads of state are currently in a closed session in Fortaleza, Brazil, thrashing out the final details to the much-touted New Development Bank.

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‘New BRICS bank location no loss for SA’

The Chinese Consul General in Shanghai, China says it welcomes the decision to have the BRICS Development Bank located in Shanghai.

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Why is Ebola being treated as an ‘African disease?’

The head of the African Development Bank has criticised the international response to the Ebola outbreak as too little, too late.

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News24.com | Zimbabwe gets $110m water, power upgrades

Zimbabwe has received a $110m grant from the African Development Bank to repair and upgrade ageing infrastructure.

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Zimbabwe appeals to AfDB to ease terms of arrears

Zimbabwe’s finance minister appealed Monday to the African Development Bank to ease the terms on the $566-million it is late in repaying.

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Africa seeks super banker to manage new economic frontier

Eight candidates are vying to become the next head of the strategic African Development Bank as the continent undergoes an economic transformation.

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Tight race for AfDB president draws to a vote

The contest for the presidency of the African Development Bank could rival the drama of the 1995 election that saw a stalemate.

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AfDB sizes up candidates for president

Outogoing African Development Bank (AfDB) president Donald Kaberuka said this week the bank’s governance structures and business model "were wrong".

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Global groups launch climate initiative for Sub-Saharan Africa

The need for more accurate weather forecasts in Sub-Saharan Africa today resulted in the World Meteorological Organization‚ African Development Bank and World Bank Group launching an initiative today...

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Mboweni heads for Brics bank

Finance Minister Nhlanhla Nene announced on Friday that former Reserve Bank governor Tito Mboweni has been appointed as the non-executive director to the board the Brics New Development Bank (NDB).

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China’s building a new bank

CNN’s Ivan Watson reports on the Asian Infrastructure Development Bank and its effect on the world’s economy.

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Africa’s infrastructure built to gain from new BRICS bank

Africa’s ambitious infrastructure built programme is expected to get a boost from the BRICS New Development Bank.

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BRICS Development Bank will reduce reliance on foreign aid

President Jacob Zuma says the BRICS group will soon be a solution to the world’s political and economic problems.

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BRICS Development Bank takes off

President Jacob Zuma says the new Brics Development Bank will reduce Africa’s reliance on foreign aid which often comes with conditions.

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