African fashion creators get digital marketplace
The African Development Bank’s flagship initiative, Fashionomics Africa, launches launches “game changing” digital marketplace for the continent’s fashion creators.
Tag: AfDB
Africa renewable energy projects secure $25 million equity investment
The Board of Directors of the African Development Bank (AfDB) Group has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF).
AfDB, ICRC agree to build resilience of Africa’s transition countries
The African Development Bank Group (AfDB) and the International Committee of the Red Cross (ICRC) agree to accelerate gender equality, build resilience, and provide improved economic opportunities in Africa’s transition … Read More
AfDB approves $1489 million private sector credit enhancement facility
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved credit risk participations by the Private Sector Credit Enhancement Facility … Read More
AfDB continues investing in infrastructure private equity
The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3).
AfDB, Women Entrepreneurs Finance Initiative collaborate
The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has signed a financial procedures agreement with the World Bank-led Women Entrepreneurs Finance Initiative (We-Fi).
Bank urges Canadian companies to invest in Africa
African Development Bank (AfDB), one of the major development financiers of the continent, urges Canadian business leaders to take part in the upcoming November Africa Investment Forum (AIF) and seize … Read More
African Development Bank approves Non-Sovereign Operations Policy
The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations (NSO).
African Development Bank bans Cameroon company for audit obstruction
The African Development Bank (AfDB) Group today bans the Centre Africain de Recherches Forestières Appliquées et de Développement (CARFAD), a consulting company based in Yaoundé, Cameroon for audit obstruction.
Partners to raise $100 million to catalyse Africa’s agriculture investment
The African Development Bank (AfDB) and the UN Food and Agriculture Organization (FAO) today agreed to boost joint efforts aimed at catalysing agriculture sector investments in Africa by raising $100 … Read More
Institutions collaborate to introduce staple crop processing zones in Africa
With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development Organization (UNIDO) and the African Development Bank (AfDB) signed partnership agreement.
Continental bank bans Robert Akika Ngong for fraudulent practice
The office of Integrity and Anti-Corruption of the African Development Bank (AfDB) found Ngong to have engaged in a fraudulent practice in the context of a consultancy engagement with the … Read More
African Development Bank set to engage African media intensively
By Andualem Sisay Gessesse, Abidjan, Cote d’Ivoire – In an attempt to showcase the success of development projects being implemented in different African countries, the African Development Bank (AfDB) says it is … Read More
Capital markets, high impact sectors in Africa secure funding
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, … Read More