tagresults

30-10-2014 22:52:00 | by: Administrator | hits: 18602055 | Tags:

AfDB welcomes $20 million investment from CTF for the Facility for Energy Inclusion in Africa
15-08-2019 | 08:10:29
The Clean Technology Fund (CTF) approved $20 million for the Facility for Energy Inclusion, a facility sponsored by the AfDB to provide sustainable financing for small-scale renewables in Africa.
African Union, AfDB sign $4.8m AfCFTA grant
12-08-2019 | 09:16:00
The African Development Bank Group has signed a US$4.8m institutional support grant to the African Union for implementation of the African Continental Free Trade Area agreement (AfCFTA).
African Development Bank and Ethiopia sign agreement for first phase of Ethiopia–Djibouti transport corridor
08-08-2019 | 07:58:43
The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the Ethiopia–Djibouti Road Transport Corridor Project.
Africa's key development partners formalize their commitment to address food and nutrition security in the continent
08-08-2019 | 07:43:56
In partnership with the African Union, leaders of four multilateral agencies, AfDB, FAO, IFAD and the World Bank, called for a high-level meeting with development partners in Kigali, Rwanda at the first Africa Food Security Leadership Dialogue.
Namibia launches the expanded Walvis Bay Port
06-08-2019 | 10:02:00
The President of Namibia officially launched the refurbished harbour on 2 August 2019, together with the Chairperson of the Board the Namibian Port Authority and the Operations Manager of the Southern Africa office of the AfDB.
[Gambia] African Development Bank extends $3 million grant from the Transition Support Facility
01-08-2019 | 06:26:44
The African Development Bank has extended a $3 million grant from the Transition Support Facility (TSF) to the Republic of The Gambia for sustainable urban development of the greater Banjul Area.
AfDB opens new Country Office for Guinea
25-07-2019 | 07:01:24
Guinean Head of State Alpha Condé and President of the African Development Bank Group Dr. Akinwumi A. Adesina have officially opened the new Country Office for Guinea.
[Kenya] Credit Bank receives $8 million facility from AfDB for SMEs lending
19-07-2019 | 06:05:00
The Board of Directors of the African Development Bank Group has approved a $8 million-targeted financing to Kenya's Credit Bank for lending exclusively to small and medium enterprises.
AIMS, AfDB ink partnership to accelerate mathematics for industry expertise across Africa
16-07-2019 | 09:00:00
The African Development Bank and the African Institute for Mathematical Sciences signed a Memorandum of Understanding on Monday to strengthen education, training and research in mathematical sciences in Africa.
AfDB, Portugal and Cabo Verde sign compact to accelerate diversification, private sector development
09-07-2019 | 14:12:33
The African Development Bank and the governments of Cabo Verde and Portugal have signed a country specific memorandum of understanding for the implementation of the Lusophone Compact.
African Development Fund improving and impacting lives of millions in Africa, beneficiaries
09-07-2019 | 08:00:00
Established to provide concessional buffer to needy economies on the continent, ADF is not only facilitating rapid roll-out of development projects, but its investments continue to transform and sustain lives, beneficiaries say.
AfDB signs agreement to open Central Africa regional headquarters in Yaoundé, Cameroon
09-07-2019 | 06:22:00
The African Development Bank (AfDB) Group signed an agreement with Cameroon to open its regional headquarters in the country’s capital, Yaoundé, reinforcing its goal to get closer to member states.
AfDB loans Equatorial Guinea EUR 26.5436 million for public finance modernization project
11-06-2019 | 10:12:49
The Board of Directors of the African Development Bank (AfDB) approved a loan of EUR 26.5436 million to the Republic of Equatorial Guinea to finance the project to support the Modernization of Public Finance (PAMFP).
AfDB debars Qualitrends Global Solutions Nigeria for 36 months for fraudulent practices
04-06-2019 | 09:49:09
The African Development Bank Group has announced the debarment of Qualitrends Global Solutions Nigeria Limited, a construction company registered in Nigeria, for a period of 36 months.
AfDB provides €100m partial guarantee for commercial agriculture in Africa
03-06-2019 | 05:57:22
The African Development Bank has approved a €100 million partial credit guarantee to the structured finance company, African Agriculture Impact Investments Ltd (Mauritius), to develop commercial agriculture in Africa.
Global partners approve $61.8m toward AfDB initiative for women entrepreneurs
14-05-2019 | 06:08:00
The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa program.
Côte d’Ivoire government seeks AfDB’s support for $5.8 billion tourism plan
03-05-2019 | 06:38:00
Ivorian Minister of Tourism Siandou Fofana has presented a strategy document aimed at making Côte d'Ivoire Africa's fifth biggest tourism destination from 2025 to the African Development Bank.
AfDB extends $80 million line of credit to boost Botswana's industrialization and regional integration projects
26-04-2019 | 11:00:00
African Development Bank Group has approved an $80 million line of credit to the Botswana Development Corporation Ltd, BDC, to help the country’s industrialization and regional integration.
African Development Bank, partners support smallholder farmers with 17 new project grants
25-04-2019 | 07:05:00
The Agriculture Fast Track Fund (AFT), hosted by the African Development Bank, has announced $ 3,390,000 funding for 17 new small and medium enterprises in the agriculture sector in Africa.
Togo creates 35,000 SMEs jobs in the agricultural sector from AfDB support
23-04-2019 | 14:45:00
Since 2016, the AfDB has supported up to 1.7 million US dollars, the project of support to the employ-ability and insertion of young people in the growth sectors of Togo, which has created 35,000 jobs in SMEs in agriculture.
[Nigeria] AfDB approves $15 million investment package for Infrastructure Credit Guarantee Company
12-04-2019 | 12:18:47
The Board of the African Development Bank has approved a $15-million investment package to Infrastructure Credit Guarantee Company to support infrastructure financing in Nigeria.
AfDB Board approves $4.8 million grant to accelerate African free trade
11-04-2019 | 06:20:34
The Board of the African Development Bank has approved an institutional support grant of $4.8 million to the African Union (AU) to accelerate the momentum of the African Continental Free Trade Area Agreement.
East Africa’s economy races ahead of its African peers at 5.7 per cent, AfDB Outlook
05-04-2019 | 09:49:59
Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive.
African Development Bank and Microsoft launch all-female coding training in five African countries
04-04-2019 | 12:35:00
One hundred and sixty young women have begun a month-long coding class on two Nigerian campuses under a new programme to give African youth digital skills for the work force.
[Mauritius] AfDB power station renovation improves energy production, air quality
04-04-2019 | 12:05:00
The refurbishment of the old Saint Louis power station by the African Development Bank (AfDB) has brought a breath of fresh air to those working at and living in the north west of Mauritius.
AfDB approves $20 million facility for Green Mini-Grid Program in DRC
28-03-2019 | 12:34:13
The AfDB Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema.
AfDB approves €12.5 million investment in West Africa
28-03-2019 | 12:12:00
AfDB has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises in Francophone West Africa.
African Development Bank launches pilot phase of Adaptation Benefits Mechanism
25-03-2019 | 06:58:00
The Adaptation Benefits Mechanism (ABM) is an innovative mechanism for mobilising new and additional public and private sector finance.
AfDB Multi-Partner Somalia Infrastructure Fund to receive €1 million from Italy
21-03-2019 | 07:19:00
The Italian Government has signed an agreement for an additional €1 million contribution to the AfDB Multi-Partner Somalia Infrastructure Fund.
AfDB, Portugal and Mozambique sign MOU for private sector development
18-03-2019 | 15:26:00
The African Development Bank and the governments of Mozambique and Portugal have signed a Mozambique-specific Memorandum of Understanding for the implementation of the Lusophone Compact.
AfDB set to provide continuous electricity supply to 1 million households in East Africa
28-02-2019 | 06:25:04
Inhabitants of Kenya,Tanzania, Uganda and Ethiopia will enjoy uninterrupted supply of electricity with the upcoming commissioning of a power transmission line to interconnect Kenya and Ethiopia, powered by the AfDB.
Africa needs 12 million new jobs yearly to stop rising unemployment, report
18-01-2019 | 06:31:00
Africa's general economic performance continues to recover and GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020.
AfDB approves $14.12m to support Nigeria’s membership in African Trade Insurance Agency
08-01-2019 | 12:03:00
The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria’s membership in the African Trade Insurance Agency.
[Gabon] AfDB invests €40 million to modernize port of Owendo
08-01-2019 | 06:15:00
The African Development Bank has invested €40 million to modernize the Owendo International Port.
AfDB to raise over $7 billion from capital markets for investment in African economies in 2019
04-01-2019 | 08:38:26
The African Development Bank’s Board has approved the institution’s 2019 borrowing program to the tune of US$7.24 billion from capital markets.
AfDB bets on education fund to boost Africa's innovation, economic transformation
02-01-2019 | 06:04:00
The African Development Bank is keeping higher education, science and technology at the top of its development agenda as it backs a proposed African Education Fund.
AfDB invests $7.5 million in Africa Tech Ventures to boost innovative start-ups
24-12-2018 | 06:17:55
The Board of Directors of the African Development Bank has approved a $7.5 million equity investment in Africa Tech Ventures (ATV) to boost operations of highly scalable companies.
AfDB approves a ZAR3b loan to bolster renewable energy in South Africa
03-12-2018 | 10:01:00
The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project
[Kenya] AfDB approves $18.17m for Kopere Solar Project
03-12-2018 | 09:56:00
The African Development Bank Group has approved a $18.17 million senior loan to the 40 MWac Kopere Solar Power Project owned by Voltalia.
African Development Bank issues SOFR-linked transaction in green bond market
03-12-2018 | 06:49:00
The African Development Bank rated has successfully priced a dual-tranche $500 million 3-year and $100 million 2-year SOFR-linked Green bond, becoming the first issuer to bring to the market a SOFR-linked Green Bond transaction.
Senegal receives 51 million euros from the AfDB to finance a power plant
29-11-2018 | 15:39:36
The Board of Directors at the African Development Bank (AfDB) have agreed to a first rank loan of 51.26 million euros to finance the construction of a power plant in Malicounda, Senegal.
AfDB approves €17.96 million Ring-Road project to improve socio-economic growth in Cameroon
29-11-2018 | 08:05:00
The African Development Bank (AfDB) has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of the country.
Gabon receives € 100 million from AfDB to consolidate economic reforms
28-11-2018 | 09:22:28
In 2016 and 2017, the African Development Bank granted two budget support to Gabon , to support the country's reforms.
AfDB partners with Entreprenarium to build capacity of 1,000 women entrepreneurs in Africa
27-11-2018 | 10:59:00
The African Development Bank (AfDB), as part of its African Women's Access to Finance Initiative (AFAWA), is partnering with Entreprenarium to build the capacity of 1,000 women entrepreneurs on the continent.
AfDB approves $40m equity investment in Africa Infrastructure Investment Fund
19-11-2018 | 06:40:00
The Board of Directors of the African Development Bank has approved its third equity investment of $40m in Africa Infrastructure Investment Fund (AIIF3).
AfDB launches Africa Energy Portal to disseminate data across the value chain
14-11-2018 | 06:13:39
The African Development Bank has unveiled the Africa Energy Portal, AEP, a platform that will consolidate, validate, and disseminate energy data and insights across Africa’s energy value chain.
Africa agribusiness, a $1tr business by 2030
12-11-2018 | 07:27:00
With its vast agricultural potential, Africa’s agribusiness sector is predicted to reach US$1 trillion by 2030. Agribusiness will become the ‘new oil” on the continent.
African Development Bank, International Financial Institutions launch co-guarantee platform
08-11-2018 | 06:38:00
The African Development Bank alongside Islamic Corporation for the Insurance of Investment and Export Credit, African Trade Insurance Agency and GuarantCo, on Wednesday entered into a Memorandum of Understanding for a Co-Guarantee Platform.
[Interview] Raza Hasnani, Head of Infrastructure Investments, Africa50 Fund
30-10-2018 | 11:57:00
The AfDB launched its Room2Run initiative last month which effectively freed up $700m off the bank’s balance sheet. We spoke to Raza Hasnani from Africa50 fund who helped structure the deal.
[Malawi] African Development Bank approves $15m grant for water Supply and sanitation project
29-10-2018 | 06:30:00
The African Development Bank Group has approved a US$15 million grant from the African Development Fund for a water supply and sanitation project in Malawi, expected to provide jobs and boost the livelihoods of nearly 300,000 people.
AfDB launches $500m credit insurance deal with ATI, UK reinsurers
23-10-2018 | 05:14:00
The African Development Bank and African Trade Insurance Agency have announced the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa.
The African Development Bank makes senior appointments
22-10-2018 | 11:51:00
The President of the African Development Bank Group, Dr Akinwumi A. Adesina, has announced new appointments to the Group.
AfDB leads pan-African campaign against Fall Army Worm
17-10-2018 | 14:06:00
The African Development Bank recently convened a meeting of experts in the agricultural sector to design integrated pest and disease management mechanisms for controlling the spread of the Fall Army Worm in East Africa.
AfDB injects $266 million into Rwanda’s electricity expansion project
02-10-2018 | 12:13:04
The African Development Bank has approved a loan of $266 million to support Rwanda’s program to improve electricity supply reliability and expand access to electricity.
Morocco top tourist destination in Africa, survey
28-09-2018 | 06:12:00
According to the July issue of Africa Tourism Monitor 2018, recently published by the African Development Bank, the continent earned $36.2 billion in revenue from 62.9 million international visitors in 2016.
AfDB approves $50m facility to support Nigeria’s rural population
28-09-2018 | 06:05:00
The African Development Bank has approved a $50 million line of credit to Nigeria’s Sterling Bank Plc to support micro, small and medium sized enterprises (MSMEs) in strategic sectors.
Eskom set to expand transmission network with $218 loan from AfDB
27-09-2018 | 13:05:00
The African Development Bank has approved a $217.9 million loan to South Africa’s power utility Eskom Holdings Ltd, towards the upgrade and expansion of its transmission facilities.
AfDB seeks partners to lift one billion people out of hunger globally
26-09-2018 | 13:45:00
The African Development Bank has called on global partners to join hands to lift one billion people worldwide out of hunger and said it was leading the way by investing $24 billion in African agriculture.
AfDB boosts jobs for Youth in Africa Strategy with $2 million
26-09-2018 | 06:49:38
The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has provided funds totaling nearly US $2 million to its Jobs for Youth in Africa initiative.
AfDB supports Ghana’s Renewable Energy Sector with $1.5m grant
25-09-2018 | 05:25:00
The African Development Bank has approved a US$1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana’s s renewable energy investment drive.
[Liberia] AfDB approves $1m to boost private sector in wood industry
24-09-2018 | 06:00:00
The African Development Bank’s Fund for African Private Sector Assistance, has approved a grant of US $1 million to Liberia, to provide technical assistance to its fast-growing wood processing industry.
AfDB issues global benchmark bond of $ 2 billion for 5 years
19-09-2018 | 13:15:31
The African Development Bank, rated triple AAA by the international rating agencies Moody's, S & P and Fitch, has proceeded with a new benchmark bond of $ 2 billion to five years, which will expire on September 20, 2023.
AfDB invests €84 million in Cameroon livestock and fish farming
14-09-2018 | 09:05:38
The African Development Bank Group has extended a loan of €84 million to Cameroon to support livestock and fish production in the central African country in line with the Bank’s strategies to create jobs and raise household incomes.
AfDB unveils tool to assess resilience and fragility in countries
13-09-2018 | 13:35:29
The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into account their capacities and pressures they may be under.
African Development Bank approves policy on non-sovereign operations
13-09-2018 | 06:44:00
The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations (NSO).
AfDB commits to support Equatorial Guinea’s agro industry plan
06-09-2018 | 13:01:03
The African Development Bank group has committed to support Equatorial Guinea’s economic diversification into agro-industry and a program of capacity building to foster public policies.
AfDB to invest $30 million in Togo’s agribusiness
30-08-2018 | 07:15:01
The African Development Bank Group has signed loan and grant agreements with the Government of Togo for a total of some 16.63 billion FCFA, as part of its Food Processing Project.
AfDB and FAO target agriculture investments to create wealth in Africa
28-08-2018 | 05:58:03
The African Development Bank (AfDB) and FAO have agreed to boost joint efforts aimed at catalysing agriculture sector investments in Africa to end hunger .
AfDB, Namibia sign $217.8m loan for economic governance in Namibia
23-08-2018 | 06:18:00
The Government of the Republic of Namibia and the African Development Bank have signed a loan agreement worth US$ 217.8 million (ZAR 3 billion) to finance the second phase of the Namibia Economic Governance and Competitiveness Support Program.
EAC Secretariat, AfDB discuss deepening regional integration
07-08-2018 | 07:14:00
An African Development Bank mission led by Dr. Marcellin Ndong Ntah, Lead Economisthave visited the EAC headquarters in Arusha, Tanzania.
African Development Bank announces new appointments
02-08-2018 | 06:31:00
The African Development Bank Group is pleased to announce the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human Resources, effective from September 1, 2018.
AfDB signs $41m grant for Sudan’s Agriculture Development Project
30-07-2018 | 07:45:00
The African Development Bank on Thursday signed a US$41-million grant agreement with Republic of Sudan to finance a public sector Agriculture Value Chain Development Project in the country.
Tunisia to use drones for data collection in agricultural sector
30-07-2018 | 07:30:00
Tunisia and the African Development Bank have signed an agreement for the launch of a pilot project to use drones for data collection to enhance management of agricultural projects in the country.
AfDB approves $250m Risk Participation Agreement with ABSA
23-07-2018 | 05:42:00
The Board of Directors of the African Development Bank has approved an unfunded US$ 250-million Risk Participation Agreement with ABSA Bank Limited.
African Development Bank approves South Africa Country Strategy Paper
20-07-2018 | 06:36:00
The African Development Bank has approved a string of measures aimed at supporting South Africa’s economic development ambitions as an upper Middle-Income Country.
AfDB, Afreximbank sign factoring project to support African SMEs
16-07-2018 | 06:06:00
The African Development Bank, through its Trade Finance operations, and Afreximbank has signed a Grant Agreement to support the development of factoring on the continent.
Tanzania’s economic reform programme receives $40 million AfDB support
12-07-2018 | 08:11:00
Tanzania’s ongoing macroeconomic reform program has received a boost from the African Development Bank through a $40 million budget support loan to be provided by the African Development Fund, the concessional arm of the Bank Group.
USTDA and AfDB expand procurement partnerships in Africa
03-07-2018 | 08:06:00
The African Development Bank has signed a memorandum of understanding with the U.S. Trade and Development Agency to partner under USTDA’s Global Procurement Initiative: Understanding Best Value.
AfDB approves $116 million loan to Central People's Bank of Morocco
29-06-2018 | 06:40:05
The Board of Directors of the African Development Bank Group has approved a line of credit of 100 million euros for the benefit of the Central People's Bank of Morocco (BCP).
AfDB approves $62m loan for Uganda's water and sanitation distribution
26-06-2018 | 08:34:00
In a bid to help Uganda improve heath and productivity in the country’s major towns, the African Development Bank has approved a US$ 62-million concessional loan to finance its Strategic Towns Water Supply and Sanitation Project.
AfDB launches first electricity regulatory index for Africa
21-06-2018 | 06:13:00
Though African countries have developed robust institutional frameworks for the regulation of electricity sectors, much work remains in strengthening regulatory independence, says the Electricity Regulatory Index for Africa.
AfDB joins Global Infrastructure Facility as technical partner
20-06-2018 | 06:27:23
Africa’s infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water and Energy, that are considered as drivers for growth.
AfDB approves $15m equity investment in agribusiness in Africa
14-06-2018 | 07:43:00
The African Development Bank Board has approved a US$15 million equity investment in Africa Food Security Fund (AFSF), to support enterprises in agri-business SMEs and enhance food security in Africa.
[Kenya Business Week] Energizing investor relations
13-06-2018 | 09:27:46
Kenya this week continues to strategically place itself to benefit from regional integration and reap from its warm relationship with development partners and international investors.
AfDB and CIF fund geothermal power plant in Kenya
11-06-2018 | 09:28:00
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds Clean Technology Fund to Quantum Power East Africa GT Menengai.
AfDB promotes better access to mortgage finance in Ghana
07-06-2018 | 06:22:00
The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an effective affordable mortgage finance sector in Ghana.
[Africa Tech Week] Beyond borders partnerships herald new ICT dawn, Great tidings for tech startups, investment in technology soars
24-05-2018 | 15:53:00
The Africa tech week has been abuzz with news of cross border public and private sector partnerships, companies aligning themselves with the burgeoning demands of the continent’s ICT sector and the growing IT spend.
South Korea ready to share its technological and industrial revolution experience with Africa says President Moon Jae-in
24-05-2018 | 13:59:00
South Korean President Moon Jae-in has committed to sharing Korea’s technological and industrial experience with Africa and to help it compete in the 4th Industrial Revolution.
[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind
24-05-2018 | 13:15:00
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.
East Africa dominates 2018 African Banker Awards
22-05-2018 | 15:31:00
The CEO of Equity Group Holdings Plc in Kenya, James Mwangi, won Banker of the Year.
African Development Bank and UNIDO join efforts to accelerate Africa’s industrialization
22-05-2018 | 06:35:00
The African Development Bank and the United Nations Industrial Development Organization signed a Memorandum of Understanding on Monday, May 21 to step up collaboration to boost Africa’s industrialization.
[Nigeria] African Development Bank approves $100m loan to Indorama for expansion of fertilizer production
21-05-2018 | 06:26:00
The African Development Bank has approved $100m senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals, to support the company’s plans to double its fertilizer production from 1.4 million tons of urea to 2.8 million tons per annum.
AfDB Board approves €200m loan to support Morocco's Agriculture value chains
17-05-2018 | 13:11:00
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable Development of Agricultural Value Chains in Morocco.
AfDB has signed two grant agreements to finance agri-business development projects
08-05-2018 | 14:05:00
The Agriculture Fast Track Fund supports Africa-based agri-business SMEs by financing the development costs of agriculture infrastructure projects that span the value chain from rural feeder roads to agro-processing and marketing facilities, to out-grower schemes.
AfDB accelerates Agribusiness Development in Ethiopia through Agriculture Fast Track Fund
08-05-2018 | 05:11:00
The African Development Bank has signed two grant agreements to finance agri-business development projects through the Agriculture Fast Track Fund.
African Development Bank debars CHINT Electric for 36 months for fraudulent practices
07-05-2018 | 13:13:00
The African Development Bank Group has announced the conclusion of a settlement agreement with CHINT Electric Co., Ltd., a power transmission and distribution equipment manufacturer and EPC contractor.
African Development Bank launches “Say No to Famine” project in Somalia
25-04-2018 | 06:48:00
The African Development Bank has launched the Say No to Famine – Short-Term Regional Emergency Response Project, STRERP, for Somalia.
European Investment Bank and AfDB collaborate to support private sector investment in Nigeria
19-04-2018 | 12:22:02
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country.
Overseas Private Investment Corporation, AfDB and ALCB Fund sign loan agreement to support capital markets and high impact sectors in Africa
16-04-2018 | 07:50:00
Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.
Trade Finance Operation inks $100 million soft commodity finance facility agreement with the Export Trading Group
16-04-2018 | 07:36:00
The African Development Bank has signed a loan agreement for a soft commodity finance facility with the Export Trading Group.