30-10-2014 22:52:00 | by: Administrator | hits: 19349015 | Tags:

AfDB approves $1m grant for Uganda to stem Ebola transmission
13-02-2020 | 13:43:44
The African Development Bank has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus.
African Development Bank reaffirms full support for Lake Chad Basin Commission
11-02-2020 | 10:51:00
The African Development Bank reaffirmed its full support for the Lake Chad Basin Commission (LCBC), which brings together Cameroon, Niger, Nigeria and Chad, faced with the threat of the jihadist group Boko Haram.
African Development Fund approves $34.7 million for renewable energy in Liberia
05-02-2020 | 09:03:00
The African Development Fund (ADF) has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia.
African Economic Outlook 2020, developing Africa’s workforce for the future
04-02-2020 | 10:47:00
The African Economic Outlook 2020 states that Africa’s economic growth has stabilized at 3.4 percent in 2019 and is expected to pick up to 3.9 percent in 2020 and 4.1 percent in 2021 but to remain below historical highs.
AfDB President calls for inclusive growth, says ''nobody eats GDP''
04-02-2020 | 10:35:00
During the unveiling of the AfDB flagship economic report, the Bank's President said that Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens because “nobody eats GDP.''
Africa’s economy forecast to grow despite external shocks, AfDB
31-01-2020 | 06:54:00
Africa’s economic growth remained stable in 2019 at 3.4 percent and is on course to pick up to 3.9 percent in 2020 and 4.1 percent in 2021, the African Development Bank’s (AfDB) 2020 African Economic Outlook (AEO) reveals.
AfDB approves $22 million to expand leasing financing to corporates, SMEs in Egypt
30-01-2020 | 11:26:00
The African Development Bank ((AfDB) approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company, Corplease, expand its operations in the North African country.
United Kingdom reaffirms commitment to Africa’s economic transformation
29-01-2020 | 10:44:00
The United Kingdom has reaffirmed its commitment to Africa’s economic transformation.
ADF approves grant for disaster risk management training in Zimbabwe
23-01-2020 | 14:11:06
The Board of the African Development Fund (ADF) approved a $685,000 grant to strengthen Zimbabwe’s capacity to manage disaster risks.
African Development Bank President opens trading on London Stock Exchange
23-01-2020 | 11:35:27
Don Robert, Chairman of London Stock Exchange Group, welcomed the president of the African Development Bank, Akinwumi Adesina, to open markets for trading at London Stock Exchange on Wednesday 22 January.
The UK launches new venture to create rich pipeline of infrastructure projects across Africa
21-01-2020 | 08:27:43
The UK is partnering with five African countries to mobilise private sector investment in quality, environmentally-friendly infrastructure projects, International Development Secretary Alok Sharma announces.
AfDB allocates €1.2 million to train policymakers in boosting mining revenues in 8 African countries
17-01-2020 | 07:41:00
The African Development Bank (AfDB) has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues in Africa.
AfDB, UN and World Bank launch 2019 Needs Assessment Report to spur economic recovery in Zimbabwe
15-01-2020 | 15:08:00
The African Development Bank (AfDB), United Nations (UN) and the World Bank Group launched the Zimbabwe 2019 Joint Needs Assessment Report.
AfDB sponsored Off-Grid Energy Access Fund reaches final equity close
13-01-2020 | 09:10:00
The Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital and $36 million debt facilities, to support innovative, off-grid energy access companies.
AfDB approves $20m investment in Metier Fund to support renewable energy in Sub-Saharan Africa
08-01-2020 | 08:08:00
The AfDB has approved a $20 million investment in the Metier Sustainable Capital International Fund II, which channels funds to renewable energy and resource-efficient infrastructure projects across Sub-Saharan Africa.
ECOWAS endorses Adesina for second term as African Development Bank President
23-12-2019 | 13:04:01
The Economic Community of West African States has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the helm of the institution.
AfDB approves $100m to hydro-power project to benefit over 2 million people in Madagascar
19-12-2019 | 13:50:00
The Board of Directors of the African Development Bank (AfDB) approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar.
Over 3 million people from Kenya, Tanzania to benefit from AfDB €345M road construction support
19-12-2019 | 13:35:00
Over three million people from Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (AfDB) board.
AfDB approves $5m grant to scale up Tony Elumelu Entrepreneurship Programme
17-12-2019 | 08:28:00
The Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its outreach and impact to 1,000 select youth entrepreneurs.
AfDB, AUDA-NEPAD to roll-out a continent-wide electricity market Masterplan
12-12-2019 | 14:08:00
The African Development Bank (AfDB) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market.
ADF commits $7.6bn in support of Africa’s low-income, fragile, countries
12-12-2019 | 09:59:00
Donors of the African Development Fund (ADF) agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift millions out of poverty.
[South Africa] Dti set to launch specialised industrial facility in Gauteng
05-12-2019 | 13:36:00
The Department of Trade and Industry (the dti), will launch the Specialised Industrial Facility (SIF) at the Ekurhuleni East Technical Vocational Education and Training (TVET) College, in Springs, Gauteng on Friday, 6 December 2019.
AfDB approves €48,82 million for Desert to Power Yeleen programme to increase solar generation in Burkina Faso
05-12-2019 | 07:46:00
The African Development Bank (AfDB) has approved a €48,82 million loan to the Government of Burkina Faso for the Yeleen solar plant, intended to boost national power supply.
[Egypt] AfDB and Microsoft launch digital tool to help African youth learn to code
04-12-2019 | 04:52:00
The African Development Bank and technology firm Microsoft have launched an online tool to provide digital skills to African youth, wherever they are across the continent.
[Nigeria] AfDB approves $210m financing for power project
02-12-2019 | 09:06:00
The Board of Directors of the African Development Bank Group has approved a $210 million financing package to the Federal Republic of Nigeria for the Nigeria Transmission Expansion Project.
COMESA, EAC, ECOWAS launch networking platform to connect 50 million African business women
28-11-2019 | 09:14:00
COMESA, EAC and ECOWAS launched a digital platform specifically designed to address the information needs of women in business and connect them via a custom-built social networking tool in Kigali, Rwanda.
[Rwanda] African Development Bank, partners launch AFAWA Risk Sharing Facility
28-11-2019 | 08:40:00
The African Development Bank and partners officially launched the Affirmative Finance Action for Women in Africa (AFAWA) Risk Sharing Facility at a press conference held during the 2019 Global Gender Summit in Kigali, Rwanda.
AfDB approves $400 million in support of Mozambique’s ambition to become global LNG player
26-11-2019 | 14:48:00
The African Development Bank (AfDB) has approved a long-term Senior Loan of $ 400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant, including a liquifaction facility in Mozambique.
Green Climate Fund, AfDB partner to increase renewable power in Zambia
21-11-2019 | 10:21:00
The Green Climate Fund (GCF) and the African Development Bank (AfDB) are working together to support a USD 154.0 million renewable energy financing framework in Zambia.
[South Africa] Absa looks to promote intra-regional trade and investment through $250 million trade finance deal
21-11-2019 | 09:29:00
Absa and the AfDB have signed a US$ 250-million Risk Participation Agreement (RPA) which, when fully utilised, is estimated to mobilise over US$ 2 billion worth of trade business over three years.
African Development Bank supports access to finance for SMEs in Tunisia
20-11-2019 | 07:52:00
The African Development Bank launched the "Investia Enterprise" program to strengthen the dynamics of financial inclusion for Tunisian small and medium enterprises (SMEs).
Africa has grasped the Fourth Industrial Revolution, needs to improve access to finance, skills and inclusive growth, AfDb report
13-11-2019 | 12:08:00
A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.
African Development Bank to launch the 2019 Electricity Regulatory Index in South Africa
12-11-2019 | 07:17:00
The African Development Bank will officially launch its Electricity Regulatory Index (ERI) 2019 at this year’s Africa Investment Forum, Africa’s premier investment marketplace, currently underway in Johannesburg, South Africa.
Horn of Africa countries launch regional initiative to forge closer economic ties, strengthen political climate
06-11-2019 | 10:17:00
Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region.
African Development Bank approve $115 billion increase in capital, signals strong support
01-11-2019 | 14:44:00
Governors of the AfDB representing shareholders from 80 countries approved a landmark $115 billion increase in capital.
African Development Bank, New Development Bank partner to promote impact projects on continent
28-10-2019 | 12:29:00
The African Development Bank and the New Development Bank have signed an agreement to promote new impact projects to improve lives of millions of Africans.
[Tunisia] African Development Bank grants STEG €138 million for electricity and renewable energy project
17-10-2019 | 13:03:00
The Board of Directors of the AfDB has approved a total funding of 138 million euros for the Tunisian Electricity and Gas Company (STEG) to implement the project development and equipment of the electricity transmission network.
Malawi receives $13.2 million for sustainable fisheries, aquaculture development and watershed management project
15-10-2019 | 10:37:00
The African Development Bank Group has approved a $13.2 million financing package for a fisheries and aquaculture development project in Malawi.
[Madagascar] African Development Bank launches Africa Disaster Risk Financing Programme
15-10-2019 | 07:53:00
The African Development Bank, in partnership with the Government of Madagascar and the African Risk Capacity, has launched the Africa Disaster Risks Financing Programme in Madagascar.
AfDB, Government Pension Investment Fund, partner for green, social and sustainability bond markets
14-10-2019 | 06:33:04
The African Development Bank and Japan’s Government Pension Investment Fund (GPIF) have signed a partnership to promote environmental, social and governance investments in the global capital markets.
Africa50, Colas, Jovena and SN Power partner to develop Volobe Hydropower project in Madagascar
08-10-2019 | 08:07:00
Africa50, Colas, Jovena and SN Power have signed a shareholders’ agreement to develop the Volobe hydropower plant in Madagascar.
African Development Bank announces new accountability index to measure institutional lending to women
07-10-2019 | 13:39:38
The African Development Bank president said that a new tool to track the level of lending to women across the continent will be important for ensuring women get the critical financial help they need.
AfDB approves loans of €209 million for expansion of highway that links Kenya’s major economic hubs
04-10-2019 | 09:35:00
The Board of Directors of the African Development Bank Group has approved loans of around €209 million to fund the expansion of a highway that links major economic hubs in Kenya.
OPEC Fund supports Rwanda’s water and sanitation infrastructure with US$20m loan
01-10-2019 | 11:27:00
The Director-General of the OPEC Fund for International Development (the OPEC Fund) Dr Abdulhamid Alkhalifa has signed a US$20 million loan agreement to support water and sanitation infrastructure in Rwanda.
AfDB to help boost climate change adaptation funding to $12.5bn
30-09-2019 | 07:21:00
African Development Bank President Akinwumi Adesina has pledged to boost funding commitments by $12.5bn to help countries adapt to the effects of climate change between 2020 and 2025.
AfDB approves $17.7m for South Sudan education project
23-09-2019 | 07:35:00
The Board of the African Development Bank has approved a proposal for $17.7 million to finance the first social sector project in South Sudan since the Bank’s engagement in the country in 2012.
AfDB, UN Nutrition Network partner to lead nutrition commitments in Zambia
12-09-2019 | 08:31:00
The African Development Bank (AfDB) country office in Zambia and the UN Nutrition Network have agreed to lead multi-agency commitments aimed at effective implementation of the country’s national food and nutrition agenda.
AfDB, AFAP sign $5.4m agreements to foster fertilizer market in Nigeria and Tanzania
09-09-2019 | 06:48:00
The African Development Bank and the African Fertilizer and Agribusiness Partnership have signed two grant agreements to implement trade credit guarantees worth $5.4 million to support fertilizer value chains in Nigeria and Tanzania.
African Development Bank contributes to major power transmission line in Mozambique
05-09-2019 | 06:26:00
The African Development Bank is to part-finance the construction of a 563 km power transmission line in Mozambique, after signing the agreement on 28 August to start the Temane transmission project.
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.