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30-10-2014 23:52:00 | by: Administrator | hits: 34357948 | Tags:

AfDB commits over $23 million to Rwanda’s new Aviation Centre of Excellence
20-10-2023 | 15:06:00
The proposed Centre of Excellence for Aviation Skills (CEAS), including an aircraft hangar, will partner with higher learning institutions to produce a skilled workforce to meet global aviation training standards and industry demands.
AfDB, COMESA launch $1.5 million project to improve electricity regulation in the region
12-04-2023 | 11:22:51
The African Development Bank (AfDB) and the Common Market for Eastern and Southern Africa (COMESA) have launched a new regional initiative to enhance the sustainability of the electricity sector in Eastern and Southern Africa through harmonized regulatory frameworks.
AfDB approves $28.49 million grant to enhance Ghana’s universal electrification goal
28-03-2023 | 12:16:10
The financing, which will come from the Climate Investment Funds (CIF)– Scaling Up Renewable Energy Program in Low Income Countries (SREP), will support construction of mini-grids, stand-alone solar photovoltaic systems and solar-based battery facilities for storing excess power, a practise known as net metering.
[Column] Givemore T. Chiwanza: How has the Russia-Ukraine crisis affected Africa?
14-03-2023 | 14:56:52
This Ukraine crisis escalated on 24 February 2022 and has tremendously impacted the global socio-economic terrain. The situation has and will continue to affect the African continent's financial system and food and energy security.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
14-03-2023 | 14:56:39
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
14-03-2023 | 14:56:39
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
[Interview] Dr. Mohamed El Sahili, CEO, Medland Hospital, Zambia
14-03-2023 | 14:56:36
Dr. Mohamed El Sahili is the Chief Executive Officer of Medland Hospital, Zambia. As a medical doctor and entrepreneur, Dr. Sahili also serves on the board of key economic international organizations like the African Business Roundtable, the American Chamber of Commerce, Zambia, Olympic Youth Development Center and the Africa CEO Forum.
[Interview] N. Justin Chinyanta, Directeur Général et PDG, Loita Group
14-03-2023 | 14:56:34
De nationalité zambienne et résidant à Johannesburg, en Afrique du Sud, N. Justin Chinyanta est le fondateur, le président et le directeur général de Loita Holdings Corporation, ainsi que le vice-président exécutif du chapitre d'Afrique australe de l'Africa Business Roundtable (ABR).
[Interview] N. Justin Chinyanta, Chairman and CEO, Loita Group
14-03-2023 | 14:56:32
A Zambian national residing in Johannesburg, South Africa, N. Justin Chinyanta is the founder, Chairman and Chief Executive Officer of Loita Holdings Corporation as well as the Executive Vice` President for the Southern Africa Chapter of the Africa Business Roundtable (ABR).
[Interview] Dr. Mima Nedelcovych, Chairman, AfricaGlobal Schaffer
14-03-2023 | 14:56:31
Dr. Mima Nedelcovych is the Founder and Chairman of AfricaGlobal Schaffer, a strategic consulting firm focused on project development, project finance, trade facilitation, and public-private partnerships in developing countries, with a particular focus on Africa.
[East Africa Business Week] Bob Koigi: Actualizing the Common Market Protocol
14-03-2023 | 14:56:25
The Summit discussed a raft of issues touching on the region from infrastructure development, energy transition, removing all restrictions on air transport services and strengthening the community.
The African Business Roundtable stays firm as Africa's private sector conduit to the world
14-03-2023 | 14:56:20
The African Business Roundtable came into being in an era when Africa was hit by a horrendous economic climate. Between the fight for independence in many countries and the end of apartheid in South Africa, Africa’s private sector barely had any structure in the 1960s.
L'African Business Roundtable reste ferme en tant que conduit du secteur privé Africain vers le monde
14-03-2023 | 14:56:20
L'African Business Roundtable a vu le jour à une époque où l'Afrique était frappée par un climat économique épouvantable. Entre la lutte pour l'indépendance de nombreux pays et la fin de l'apartheid en Afrique du Sud, le secteur privé Africain n'était guère structuré dans les années 1960.
Les citadins africains bénéficient d’une meilleure qualité de vie
14-03-2023 | 14:56:06
Malgré leur croissance rapide, les grandes villes africaines ont assuré, au cours des trente dernières années, un meilleur accès aux services, aux emplois et aux infrastructures à des millions de citadins que les localités de petite taille.
[Nigeria Business Week] Andrea Ayemoba: A call for exports diversification for higher market gains
14-03-2023 | 14:56:02
Agriculturists and entrepreneurs are working harder than ever to address food sufficiency, but energy rests firmly on the government’s shoulders.
[Column] Khaled Sherif: Regional integration as a tool for wealth creation in Africa
14-03-2023 | 14:55:00
The COVID-19 pandemic and its health and economic impacts has forced a global rethink of the current multilateral framework and what it means for the future.
[Column] Charles Lufumpa: Rebuilding Africa and strengthening its resilience against future economic shocks
14-03-2023 | 14:55:00
After demonstrating its resilience during the Ebola outbreak and the global financial crisis, Africa is once again facing a severe test of its strength and agility because of the coronavirus pandemic.
[Interview] Marieme Esther Dassanou, Coordinator, AFAWA programme, AfDB
14-03-2023 | 14:54:57
Marieme Esther Dassanou is the Coordinator of Affirmative Finance Action for Women in Africa (AFAWA) the African Development Bank’s flagship pan-African initiative
[Column] Dr. Kevin Kariuki: The journey to electrifying Africa
14-03-2023 | 14:54:53
Five years into the African Development Bank’s ambitious New Deal on Energy for Africa, the Bank’s investments are set to provide electricity access to around 13 million people.
[Interview] Raza Hasnani, Head of Infrastructure Investments, Africa50 Fund
14-03-2023 | 14:53:29
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.
[Kenya Business Week] Energizing investor relations
14-03-2023 | 14:53:02
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.
[Africa Tech Week] Beyond borders partnerships herald new ICT dawn, Great tidings for tech startups, investment in technology soars
14-03-2023 | 14:52:56
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.
[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind
14-03-2023 | 14:52:55
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.
Africa’s economic growth to outpace global forecast in 2023-2024, AfDB report
20-01-2023 | 08:08:02
Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024.
The 2022 winners of the African Youth Adaptation Solutions Challenge
14-11-2022 | 07:40:34
Twenty African youth-led enterprises have won grant funding of up to $100,000 each in this year's African Youth Adaptation Solutions Challenge (YouthADAPT) competition.
United Kingdom steps up climate adaptation finance support for Africa
10-11-2022 | 07:16:43
A number of countries on the continent have experienced extreme weather conditions from severe drought in Somalia to floods in South Sudan.
African Business Roundtable sends one message to the African Youth: Welcome to the Board
31-10-2022 | 11:01:00
Thirty-two years since inception, the ABR is keeping with the times in every way possible. It's latest move in this direction is the direct and immediate inclusion of the youth into its board membership.
AfDB, COMESA in talks to harmonize consumer price indices in Africa
18-10-2022 | 09:15:56
COMESA in collaboration with the African Development Bank (AfDB) are conducting a five-day regional workshop in Naivasha on harmonizing consumer price indices in Africa. The aim is to improve measurement process of national and regional Harmonized Consumer Price Indexes (HCPIs).
African Business Roundtable et Afreximbank concluent un séminaire sur la préparation des investisseurs
14-10-2022 | 16:10:00
L'African Business Roundtable (ABR), la principale association africaine de chefs d'entreprise et de dirigeants d'entreprise à l'échelle du continent, a conclu son cours de maître en ligne gratuit destiné à la communauté des affaires et visant à améliorer les compétences en matière de préparation de projets afin d'attirer l'intérêt des investisseurs.
African Business Roundtable, Afreximbank conclude masterclass webinar for investor preparation
13-10-2022 | 12:55:00
The African Business Roundtable (ABR), Africa’s foremost and continent-wide association of business and business leaders has concluded its free-to-attend webinar masterclass directed at the business community and with the purpose of sharpening project preparation skills to attract investor interest.
African Youth Adaptation Solutions (YouthADAPT) Challenge 2022
28-09-2022 | 11:27:00
The Global Center on Adaptation, African Development Bank, and Climate Investment Funds has launched a call for applications for the second edition of the African Youth Adaptation Solutions (YouthADAPT) Challenge.
Tap domestic sovereign wealth funds to build Africa back better
18-08-2022 | 17:12:04
The head of the Africa Investment Forum, African Development Bank Senior Director Chinelo Anohu, has called for stronger strategic partnerships and greater involvement of African sovereign wealth funds to rebuild the continent’s economies following the Covid-19 pandemic.
La direction de l'ABR applique des méthodes modernes pour atteindre les objectifs fondateurs
03-08-2022 | 18:48:00
Comme les jeunes organisations de tous les secteurs en témoigneront, les premiers défis sont comme des tests qui interrogent l'engagement d'une personne envers la vision.
ABR Leadership enforces modern methods to achieve founding objectives
01-08-2022 | 09:36:00
As young organizations across any industry will bear witness to, first-time challenges are like tests that interrogate one’s commitment to vision.
The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
18-07-2022 | 12:22:00
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.
African Development Bank launches new initiative to build financial acumen of African cities
06-06-2022 | 15:17:06
The African Development Bank and United Cities and Local Governments, a global umbrella group for local and metropolitan governments, have announced the launch of a new program to build the capacity of municipal chief financial officers across the continent.
AfDB signed to inject €4 billion for green Economy and named Egypt as the next host 2023.
30-05-2022 | 09:17:00
The African Development Bank (AfDB) named Egypt as the host of the 58th round of its annual meetings in 2023 and launched the Africa Circular Economy Facility (ACEF) at a total value of €4 billion in collaboration with the Finnish government.
La relance de l’Afrique reste inégale et requiert davantage de ressources, rapport
27-05-2022 | 11:35:00
Un rapport de la Banque africaine de développement montre que l’institution a joué un rôle essentiel en 2021, en réalisant des investissements opportuns qui aident des millions d’Africains à surmonter les défis sans précédent causés par la pandémie de Covid-19.
Ms Malado Kaba appointed as director of the Gender, Women and Civil Society Department
22-05-2022 | 20:31:00
The African Development Bank is pleased to announce the appointment of Ms. Malado Kaba as Director of the Gender, Women and Civil Society Department of the African Development Bank.
Africa is organizing itself from the local level
20-05-2022 | 09:26:00
For the very first time, a matchmaking permanent platform between African local authorities and investors interested in local Africa was launched.
African intermediary cities absorb most of the urban population growth, AfDB report
18-05-2022 | 12:15:00
Intermediary cities are home to about 15% of Africa's population. But their growth is accelerating.
Le Sénégal balise la voie pour une reprise résiliente en Afrique
16-05-2022 | 10:57:00
Selon les informations fournies par la Banque mondiale, la migration climatique interne pourrait atteindre jusqu'à 1 million de personnes au Sénégal.
Duke University honors African Development Bank Group President
09-05-2022 | 08:55:00
America’s Duke University conferred honorary doctorate degrees on four recipients during its 2022 Commencement ceremonies in Durham, North Carolina.
L’université Duke honore le président du BAD
09-05-2022 | 08:47:00
L’université Duke a décerné des doctorats honorifiques à quatre lauréats lors de ses cérémonies de remise des diplômes 2022 qui se sont déroulées ce jour à Durham, en Caroline du Nord.
Green Banks can plug climate finance gap
11-04-2022 | 09:42:00
African Development Bank has begun preparing for the launch of the African Green Finance Facility Fund (AG3F) to provide technical assistance grants for local governments and financial institutions to design green finance facilities.
[Zimbabwe] African Development Bank notes progress on arrears clearance
07-04-2022 | 13:57:29
African Development Bank officials and representatives of the Zimbabwe government met to discuss the nation’s arrears clearance and ongoing partnership between the southern African nation and the development institution.
Stakeholders discuss African ports and the role of the blue economy in integration
07-04-2022 | 13:37:04
The African Natural Resources Center in collaboration with the Infrastructure and Urban Development Department of the African Development Bank Group brought together a range of stakeholders to explore ways to integrate African ports more effectively into the blue economy.
[COMOREES] AfDB Provides US$ 21.6 Million to Rehabilitate Roads
04-04-2022 | 15:46:00
US$ 21.6 million to Comoros to implement the third phase of the National Road Network Rehabilitation Programme.
[ COMORES] BAD apporte un appui financier de 21,6 millions de dollars pour réhabiliter des routes
04-04-2022 | 15:38:00
un financement de 21,6 millions de dollars américains aux Comores pour mettre en œuvre la troisième phase du Programme de réhabilitation du réseau routier national.
Fin du mois de la femme, Déficit de financement des entreprises féminines en Afrique
31-03-2022 | 14:18:11
Déficit de financement des entreprises féminines, manque d’engouement des femmes au journalisme financier et économique, le Forum de la presse économique et financière récense des pistes pour briser le plafond de verre.
L’inclusion financière au cœur de la transformation économique en Afrique
31-03-2022 | 09:40:14
Bâtir des infrastructures solides, fiables et donnant confiance, une clé pour une inclusion financière véritable en Afrique.
AfDB and Africa50, in partnership with the AU and AUDA NEPAD, to create Alliance for Green Infrastructure in Africa
18-02-2022 | 11:56:00
The African Development Bank Group and Africa50, in partnership with the African Union Commission and the African Union Development Agency (AUDA-NEPAD), are exploring collaboration with global partners to create an Alliance for Green Infrastructure in Africa.
AfDB’s Fashionomics Africa launch new sustainable fashion competition with $6,000 in cash prizes
14-02-2022 | 09:23:00
The African Development Bank Fashionomics Africa initiative’s second online competition is offering $6,000 total in cash prizes, mentoring, new branding packages and other support for winning African designers of sustainable and circular fashion.
L'AfDB enregistre des résultats remarquables en dépit de la pandémie de Covid-19
24-11-2021 | 07:40:00
La Banque africaine de développement a joué un rôle essentiel dans le soutien apporté à des millions d’Africains, affectés par les conséquences de la pandémie de Covid-19 en 2020, souligne l’édition 2021 de la Revue annuelle sur l’efficacité du développement publiée ce mardi par l’institution.
Stimuler la production industrielle du Nigeria pour accélérer sa croissance économique et son développement
29-10-2021 | 10:21:00
Le président du Groupe de la Banque africaine de développement, a appelé le Nigeria à stimuler sa production industrielle pour accélérer sa croissance économique et son développement.
AfDB, partners unveil initiative to secure climate-resilient water and sanitation services in five African countries
09-09-2021 | 09:45:00
AfDB, in partnership with the Nordic Development Fund and the Government of Denmark will roll-out a program to strengthen access to climate-resilient water and sanitation resources in Burkina Faso, Ethiopia, Mali, Niger and Somalia.
African Development Fund extends $83.6 million in grants to boost Ethiopia-Djibouti electricity trade
09-07-2021 | 09:24:00
The Board of Directors of the African Development Bank Group has approved two grants worth $83.6 million to boost cross-border trade in electricity between Ethiopia and Djibouti and to deepen integration in the Horn of Africa sub-region.
Korea to channel $600 million into energy investments alongside the African Development Bank
30-06-2021 | 08:53:35
The African Development Bank,AfDB, the Korean Ministry of Economy and Finance and the Export-Import Bank of Korea have signed an agreement, under which Korea will provide $600 million in co-financing for energy projects alongside the African Development Bank.
Kazungula Bridge Project to expand regional integration and trade across southern Africa
18-05-2021 | 22:49:35
The opening of the Kazungula Bridge, linking Botswana and Zambia over the Zambezi River, means travelers no longer need to rely on pontoon boats to cross at this location.
African trade finance sees $5b in portfolio outflows in Q1 2020 due to Covid-19 but opportunities exist, report
23-04-2021 | 07:57:00
Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new continent-wide survey on trade finance has shown.
[Uganda] AfDB signs $229.5 million financing agreement for the Kampala-Jinja Expressway Project
19-03-2021 | 06:49:00
The African Development Bank and the Government of Uganda has signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors.
African Development Bank assists West African countries to deliver carbon emission reductions
10-02-2021 | 10:49:29
African Development Bank assists West African countries to deliver carbon emission reductions and meet their Paris Agreement commitments
AfDB extends financial support to enable West African countries deliver carbon emission reductions
09-02-2021 | 14:26:03
The African Development Bank (AfDB) has extended financial support to a project that will strengthen the efforts of West African countries to meet their Nationally Determined Contributions (NDCs) targets under the Paris climate accord.
AfDB, partners launch sanitation and wastewater management tool to boost health and economic growth in Africa
03-02-2021 | 09:21:00
The African Development Bank, the UNEP and GRID-Arendal have released the inaugural Sanitation and Wastewater Atlas of Africa, a tool to benchmark and propel Africa’s progress towards SDGs on safe sanitation and wastewater management.
AfDB's investments are transforming the continent, unlocking economic potential and spurring development, report
23-11-2020 | 07:19:00
From agro-processing initiatives to energy, transportation and water and sanitation services, transformative investments by the African Development Bank (AfDB) are paving the way to unlock Africa’s economic potential, according to the 2020 ADER.
Dr. Akinwumi Adesina re-elected as President of the African Development Bank Group
28-08-2020 | 07:15:37
Dr. Akinwumi A. Adesina has been re-elected to serve a second fiveyear term as President of the African Development Bank Group by the Board of Governors of the Bank.
AfDB debars four Nigerian companies for fraudulent and collusive practices
25-08-2020 | 16:32:00
The African Development Bank (AfDB) announced a 24-month debarment of Sangtech International Services, Sangar & Associates (Nigeria), Mashad Integrated and Investment Co. and Medniza Global Merchants.
Ivorian Green Cluster of SMEs names AfDB a 2020 Green Champion
20-08-2020 | 07:15:00
The Green Cluster of SMEs in Côte d'Ivoire has awarded the African Development Bank a prize for the best technical and financial partner committed to promoting the green economy.
Climate financing by leading multilateral development banks tops $61.6 billion
06-08-2020 | 16:52:00
Climate financing by seven of the world’s largest multilateral development banks (MDBs) totaled $61.6 billion in 2019, of which $41.5 billion (67%) was in low- and middle-income economies.
AfDB approves first crisis response budget support of $288m to fight COVID-19 in South Africa
23-07-2020 | 09:16:00
The African Development Bank (AfDB) has approved a loan of $288 million to the government of South Africa, as the country battles one of the largest COVID-19 caseloads in the world.
African Development Bank-funded training builds skills for economy of the future in Ghana, report
22-07-2020 | 07:51:00
A six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life.
Fitch Ratings affirms triple 'AAA' rating of the African Development Bank with stable outlook
21-07-2020 | 14:24:00
Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’, with stable outlook.
African Development Bank set to join $20 billion Mozambique LNG financing
21-07-2020 | 14:13:00
The African Development Bank has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400 million for the transformational project.
Africa Investment Forum founding partners unveil unified COVID-19 response to support Africa’s private sector
20-07-2020 | 13:13:00
Increased and decisive investment will be the channel for Africa’s economic recovery post COVID-19, partners of the Africa Investment Forum said, expressing confidence in the continent’s potential to rebound from the ongoing health and economic crises.
AfDB approves Fourth Monitoring Report on Management Action Plan for Eskom’s Medupi Power Project in South Africa
20-07-2020 | 09:00:00
The AfDB approved the recommendations of the Fourth Monitoring Report of the Independent Review Mechanism on the implementation of the Updated Management Action Plan for Medupi Power Project in South Africa.
AfDB approves IRM recommendations of First Monitoring Report on Sendou power plant in Senegal
20-07-2020 | 08:50:00
The African Development Bank (AfDB) approved recommendations of the First Monitoring Report of the Independent Review Mechanism (IRM) on the Sendou Coal-Fired Power Plant Project in Senegal.
Rabah Arezki appointed Chief Economist and Vice President, Economic Governance and Knowledge Management, AfDB
13-07-2020 | 12:20:00
The African Development Bank Group (AfDB) has appointed Dr. Rabah Arezki as Chief Economist and Vice President, Economic Governance and Knowledge Management, effective 1st October 2020.
East Africa holds its ground as Africa’s fastest growing region despite COVID-19 disruption, AfDB
13-07-2020 | 08:03:00
Economic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 percent, a rate that outstrips other African regions and is forecast to rebound to 3.7 percent in 2021, according to the AfDB.
Africa’s growth stands to rebound to 3% in 2021, report
08-07-2020 | 10:29:00
Africa’s growth stands to rebound to 3% in 2021, provided that governments manage the COVID-19 infection rate well, African Development Bank says in African Economic Outlook 2020 Supplement.
African Development Bank concludes $116m investment in Nedbank SDG-linked bonds
03-07-2020 | 14:51:00
The African Development Bank Group has concluded the investment of R2 billion ($116 million) in Sustainable Development Goals-linked bonds (SDG bonds) issued by Nedbank South Africa.
African Development Bank joins WTO, other MDBs to support trade finance amid COVID-19 crisis
03-07-2020 | 08:26:00
The African Development Bank has joined the World Trade Organisation (WTO)and other multilateral development banks (MDBs) to reduce trade finance gaps that emerge as a result of the COVID-19 pandemic.
Souley Amadou appointed Acting General Counsel, Director of Legal Service Department, AfDB
01-07-2020 | 09:56:00
The African Development Bank (AfDB) announces the appointment of Mr. Souley Amadou as Acting General Counsel and Director of the Legal Service Department, effective 1 July 2020.
African Development Bank ranks 4th on global index of transparency
25-06-2020 | 09:16:48
Publish What You Fund has ranked the African Development Bank fourth out of 47 global development institutions on its Aid Transparency Index.
AfDB invests €225 million to finance Egypt's electricity and green Growth programme
18-06-2020 | 16:33:00
The Board of Directors of the African Development Bank has approved a 225 million euros loan to finance Egypt's Electricity and Green Growth Support Program
African Development Bank joins Nasdaq Sustainable Bond Network
17-06-2020 | 15:03:11
Nasdaq has announced the inclusion of the African Development Bank, one of the world's largest issuers of social bonds, in the Nasdaq Sustainable Bond Network.
African Development Bank gives $1.2 million for Ethiopia-Sudan railway study
11-06-2020 | 08:41:00
The African Development Bank has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study into a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan.
AfDB invests $1.2 million in the Ethiopia-Sudan railway feasibility study
10-06-2020 | 08:39:00
AfDB's Board of Directors has approved a $1.2 million grant to Ethiopia's government to finance a feasibility study for construction of a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan.
African Development Bank approves new five-year strategy for Nigeria
08-06-2020 | 11:16:00
The African Development Bank has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019 edition, and incorporates emerging developmental realities and opportunities.
African Development Bank debars Burmeister & Wain for fraudulent, corrupt practices in Mauritius
08-06-2020 | 11:05:00
Pursuant to a settlement agreement, the African Development Bank announced the debarment of Burmeister & Wain Scandinavian Contractor, for a period of 21 months.
African Development Bank mobilizes more than $13m to support the CEMAC zone and DR Congo
04-06-2020 | 09:46:00
The African Development Bank granted Abidjan a funding of $13.55 million to support the fight against the Covid-19 pandemic within the Economic and Monetary Community Central Africa (CEMAC) and the Democratic Republic of Congo (DRC).
African Development Bank mobilizes $22 million for low-income countries in the ECOWAS region
01-06-2020 | 09:51:00
The African Development Bank approved an emergency project in favor of low-income countries members of ECOWAS for strengthening the health systems of The Gambia, Mali and Niger.
Africa Regional Integration Index underlines integration as key to building more resilient economies
27-05-2020 | 08:58:00
The 2019 Index, which builds on the first edition published in 2016, provides up-to-date data on the status and progress of regional integration in Africa.
Africa Regional Integration Index calls on continent to build more resilient economies through integration
26-05-2020 | 12:08:00
The second Africa Regional Integration Index (ARII 2019) was launched by the Economic Commission for Africa (ECA), the AfDB and the African Union Commission, with a call to action to African economies to deepen their integration.
Madagascar gets €4 million from African Development Fund for Sahofika hydropower project
25-05-2020 | 09:01:00
The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar’s 30 million euro equity investment in the Sahofika hydropower project.
AfDB debars Tunisia's ETEP SA for fraudulent practices in Mali, Guinea
14-05-2020 | 13:29:00
The African Development Bank (AfDB) has imposed a 13-month debarment on Entreprise de Travaux et d’Etudes de Projets (ETEP) SA, a civil engineering company registered in Tunisia, for engaging in sanctionable practices in Mali and Guinea.
Somalia’s internal revenue mobilization galvanised by UA 5.5 million grant from African Development Bank
11-05-2020 | 15:04:00
The Federal Republic of Somalia (FGS) revenue mobilization strategy received a boost with a UA 5.5 million grant from the African Development Bank.
AfDB welcomes $10 million Clean Technology Fund investment to diversify Ethiopia’s energy mix
11-05-2020 | 09:07:00
AfDB has welcomed a decision by CTF to extend a $10 million concessional senior loan for development of the 50 MW Tulu Moyo Geothermal Power Plant project in Ethiopia.
AfDB welcomes $10m Clean Technology Fund investment to diversify Ethiopia’s energy mix
08-05-2020 | 15:44:00
The African Development Bank (AfDB) has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund to extend a $10 million concessional senior loan the 50 MW Tulu Moyo Geothermal Power Plant project in Ethiopia.
African Development Bank approves €40 million in grants for bridge linking Cameroon and Chad
06-05-2020 | 16:16:00
The African Development Bank has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.
Republic of Ireland becomes African Development Bank Group 81st shareholder
06-05-2020 | 08:14:00
The Republic of Ireland has become the African Development Bank Group’s 81st shareholder, following a declaration issued by the institution’s President, Akinwumi Adesina.

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