New Business Ethiopia

The African Development Bank’s flagship initiative, Fashionomics Africa, launches launches “game changing” digital marketplace for the continent’s fashion creators.

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).

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 countries.

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 (PSF) in seven loans cumulatively valued at $149 million.

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).

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).

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 the investment opportunities Africa offers to the world.

The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations (NSO).