News

The Trump administration plans to slash funding for the bank’s main development fund as part of its sweeping cuts to foreign ...
President Trump’s budget proposes eliminating a number of development and international affairs agencies beyond the U.S.
The U.S. African Development Foundation, or USADF, is a small, independent federal agency that — for the past 45 years — has promoted and supported economic development in Africa. It’s done ...
Donald Trump plans to axe America’s contribution to the African Development Fund, the concessional arm of the AfDB. The ...
U.S. District Judge Richard Leon also refused to extend an order blocking the Trump administration from removing the leaders of the U.S. African Development Foundation, which invests millions of ...
The Department of Government Efficiency (DOGE) announced $51 million in cuts from the U.S. African Development Foundation, which included hundreds of thousands of dollars for marketing shea butter ...
U.S. plans to pull out of the African Development Bank and African Development Fund, cutting $555 million from its contributions. The decision lands just as the Bank prepares a record $25 billion ...
The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s honours – the Commander in the National Order of Gabonese Merit – on the Group ...
Funding was also eliminated for the U.S. African Development Foundation and the Inter-American Foundation — two other agencies that have filed suit to block their closure. Both agencies had a ...