The African Development Bank (AfDB) has officially been earmarked as Algeria’s international partner in the country’s renewed efforts to engage…
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African Development Bank, Aerosense set to advance drone technology in Africa
The African Development Bank (AfDB) and Aerosense Inc have signed an agreement to advance cooperation and projects in drone technology…
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African Development Bank to mobilize finance for Ethiopia’s mega airport
Ethiopian Airlines appointed African Development Bank (AfDB) as Initial Mandated Lead Arranger (IMLA) for the financing of Ethiopian Airlines’ over…
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African Development Bank provides $100 million for industrial parks
The Board of Directors of the African Development Bank has approved an investment of $100 million in the industrial platform…
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African Development Bank supports Botswana’s automotive industry
The Botswanan town of Lobatse, some 70 km south of Gaborone, has been transformed into a vibrant manufacturing center. Across…
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AfDB, Inter-American Development Bank ink $3.2 billion deal
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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Bank to provide $50 million to end school-age hunger in Africa
The Board of Directors of the African Development Bank approved the establishment of a fund to help put an end…
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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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Africans visa-free movement discussed on sidelines of AU summit
On the sidelines of the 38th African Union Summit, African leaders discussed obstacles to the continent’s economic integration, underscoring visa-free…
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African Development Bank finances climate resilience projects
The Board of Directors of the African Development Bank Group has approved over $31 million in funding under its African…
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African Development Bank to build new headquarters
The African Development Bank Group’s Boards of Directors have approved yesterday the proposal by the Bank’s Management to construct a…
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