The African Development Bank Group (AfDB) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB).
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AfDB intends to finance Ethiopia’s new airport construction
The African Development Bank (AfDB) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the…
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AfDB to mobilize $500 million for smallholder farmers
African Development Bank Group President Dr. Akinwumi Adesina has announced plans to launch a $500 million facility designed to unlock…
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AfDB, Standard Bank partner to support SMMEs in Africa
The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding…
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AfDB to help Nigeria develop eight agro-industrial zones
The African Development Bank (AfDB) Group has reached an agreement with participating Nigerian state governments to speed up implementation of…
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African Development Bank invests in Kenyan company
The African Development Bank (AfDB) has made a strategic equity investment of $10 million in Dhamana Guarantee Company, a Nairobi-based…
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Equatorial Guinea enterprises to receive technical assistance
The African Development Bank Group has approved a project to boost local content for micro, small, and medium enterprises (MSMEs)…
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AfDB launches $2 billion 5-year social benchmark transaction
The African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) / AAA (Japan Credit Rating), has…
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African Development Bank provides $8.6 million to South Sudan
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a grant funding of $8.6 million to…
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Congo Brazzaville set to realize digital sovereignty
Jolting hammer blows, the sounds of iron bars under a workman’s blowtorch, the odor of fresh cement: at the foot…
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AfDB inaugurates regional office building in Cameroon
The African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon in a move that reaffirms…
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African Development Bank to boost fertilizer production in Nigeria
The African Development Bank (AfDB) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited…
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