The Board of Directors of the African Development Bank on Wednesday, 18 July 2018, approved an unfunded US$ 250-million Risk Participation Agreement with ABSA Bank Limited.
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The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of Africa”.
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The United Nations Economic Commission for Africa (UNECA), the Africa Development Bank (AfDB) and the African Export-Import Bank (Afreximbank)have joined to boot intra-Africa trade.
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Tanzania’s ongoing macroeconomic reform program has received a boost from the African Development Bank through a US$40- million budget support loan to be provided by the African Development Fund, the concessional arm of the Bank Group.
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The African Development Bank President, Akinwumi Adesina, has instituted a special prize for excellence in leadership in memory of Tonia Kandiero, late Director General of the Bank’s Southern Africa Regional Development and Business Delivery Office.
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Experts from Ethiopia, Egypt, Nigeria, Zambia and Côte d’Ivoire along with public, private and civil society representatives discuss the technical, commercial, regulatory and financial issues in Africa’s fast-growing Energy market.
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