The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries.
The Board of Directors of the African Development Bank Group has approved the Bank’s Policy on Non-sovereign Operations (NSO).
The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new $100 million Cepheus Growth Capital Fund, the Bank said.