Forum to mobilize billions of dollars for Africa’s infrastructure
The biggest forum set to take place next month in Johannesburg, South Africa aims to raise billions of dollars of investments towards 24 African countRead More…
Tag: African Development Bank
Ethiopia, Djibouti secure finance for joint road project
The government of Ethiopia and the African Development Bank Group on Monday have ink a $98 million grant agreement from the African Development Fund (Read More…
Continental bank launches public, private climate financing for Africa
The public sector cannot provide enough finance to make African countries resilient to climate change impacts, and funding from the private sector is Read More…
Egypt expresses support to regional integration
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening regional integratioRead More…
South Korea to partner with Africa on technology
In partnership with the African Development Bank, Korea expressed its readiness to step up technology transfers to Africa, officials said in Seoul todRead More…
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 PoRead More…
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 resiliencRead More…
Bankable energy projects in Africa secure funding
The African Development Bank Group (AfDB) has approved a $32.5 million equity investment, which will be directed towards bankable energy projects withRead More…
Meridian gets trade financing for Malawi, Mozambique, Zimbabwe operations
The African Development Bank through its Trade Finance operations has signed a US$20 million facility to finance Meridian’s operations in Malawi, MoRead More…
Kenya secures funding for solar energy development
The African Development Bank Group has approved a $18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project of Kenya. (more&helliRead More…
Burundi, Tanzania secure external finance for road construction
The Boards of Directors of the African Development Bank Group have approved $322.35 million loans and grant to Burundi and Tanzania to finance the RumRead More…