AfDB’s Tshabalala on how to address Africa’s development needs

Despite a very challenging year in 2020, the African Development Bank says it posted strong financials with its net income growing by as much as 57 per cent from 2019. Speaking with CNBC Africa’s Kenneth Igbomor, the bank’s Vice President for finance and acting Senior Vice President, Bajabulile Swazi Tshabalala says despite the downgrades witnessed by countries in the region due to the adverse impact of the COVID-19 pandemic, the bank maintained a strong financial performance amid the exposures.

Mon, 28 Jun 2021 15:03:23 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.