Ghana is set to host the African Development Bank Group’s 2022 Annual Meetings from 23-27 May in its capital, Accra,…
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AfDB set to promote decentralized renewable energy in Africa
African Development Bank (AfDB) joins the $800 million program will help spur commercial and local currency investments to scale up…
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AfDB launches Climate Change, Green Growth framework
The African Development Bank Group has launched its Climate Change and Green Growth Framework at the COP26 climate conference in…
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Africa suffers $190Bln in loss due to COVID-19 – AfDB
The COVID-19 pandemic has caused $190 billion in losses to the African economy, the president of the African Development Bank…
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African Development Bank launches $463.9 million social bond
The African Development Bank (www.AfDB.org) launched a A$600 million (US$463.9 million) 5.5-year Kangaroo bond, marking its return to the Australian…
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African Development Bank provides $31 million grant to Ethiopia
The African Development Bank and the Government of Ethiopia have signed an agreement for a $31 million grant to boost…
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AfDB named world’s best multilateral financial institution
The prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development Bank (AfDB)…
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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.
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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…
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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,…
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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…
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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…
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