July 10, 2015
Africa: AfDB Board Approves African Natural Resources Center Strategy for 2015-2020
On July 10, 2015, the Board of Directors of the African Development Bank approved the six-year Strategy of the African Natural Resources Center (ANRC). The Strategy is intended to… Read more »
Africa: AfDB Supports Growth Potential of African Midcap Private Sector Through Africinvest Fund III
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, July 8, 2015, an equity investment of €20 million to the AfricInvest Fund III. Read more »
Cote d'Ivoire: AfDB Approves a €100-Million Soft Commodity Finance Facility for Sucden Côte d'Ivoire
The Board of Directors of the African Development Bank (AfDB) approved on Friday, July 10, 2015 a two-year €100-million Soft Commodity Finance Facility for Sucres &… Read more »
Africa: AfDB Board Pays Tribute to Outgoing President Donald Kaberuka
Executive Directors of the African Development Bank Group paid glowing tributes to outgoing President Donald Kaberuka for the enormous work he accomplished toward the development… Read more »
Africa: AfDB Takes Leading Role in Raising Funds for Afig Fund-II, a Multinational Private Equity Fund
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, July 8, 2015 an equity investment of up to USD 45 million in Atlantic Coast Regional Fund LLC… Read more »
Africa: AfDB Along With Other MDBs and IDFC Have Developed Common Principles for Adaptation Finance Tracking
The world's leading development finance institutions have taken an important step forward in tracking more consistently the flows of finance that help countries and people deal… Read more »
July 09, 2015
Guinea Bissau: AfDB Approves €16.7 Million to Improve Electricity Access in Guinea Bissau's Capital
The African Development Bank (AfDB) Group announced on Wednesday, June 8 the approval of €16.7 million (a €9-million loan and a €7.7-million grant) in financing… Read more »
Namibia: AfDB Invests Zar 4.5 Billion in Development Bank of Namibia
The Board of Directors of the African Development Bank (AfDB) approved on Thursday, July 9, 2015 a line of credit amounting to ZAR 4.5 billion (about US $450 million) to… Read more »
Africa: AfDB Highly Represented At the Third International Conference On Financing for Development
To: 16/07/2015 Read more »
July 07, 2015
Africa: AfDB and CBI Stakeholder Consultations Focus On Agricultural Trade and Investment
Using technology to maximize productivity with a view to attracting the youth and enable them efficiently gain optimal results in agricultural and agribusiness in Africa was the… Read more »
July 06, 2015
Africa: Sefa Doubled Its Grant Portfolio to Small - to Medium - Sized Clean Energy Projects in 2014 - Report
The Sustainable Energy Fund for Africa (SEFA) announced on June 11 that it more than doubled its project portfolio last year, with commitments of USD 6.5 million, for 10 new… Read more »
July 03, 2015
Chad: African Development Bank Group Approves Debt Relief for Chad
The Boards of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved debt relief for the Republic of Chad under the Enhanced Heavily Indebted Poor Country… Read more »
Kenya: Skills That Lead to Jobs - AfDB Provides U.S.$62 Million to Support Technical and Vocational Education in Kenya
The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya's… Read more »
July 02, 2015
Ethiopia: The African Water Facility Catalyses the Development of Waste Management Businesses to Improve Sanitation Services in Arba Minch, Ethiopia
The African Water Facility (AWF) announced on Wednesday, July 1, 2015 that it is providing a €1.2-million grant to the Government of Ethiopia to improve sanitation and faecal… Read more »
July 01, 2015
Congo-Kinshasa: AfDB Approves U.S. $22.5-Million to Improve Investment Climate and Forest Governance in Congo
The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $22.5-million loan to the Republic of Congo to help finance the… Read more »
June 30, 2015
West Africa: Côte d'Ivoire's President Launches West African Energy Leaders Group
Initiative sets concrete plans to drive investment for sustainable energy in region Read more »
Southern Africa: Sustainable Energy for All (SE4All) Initiative Launched in Six New Central and Southern Africa Countries
In partnership with the African Development Bank (AfDB) and under the aegis of the Sustainable Energy for All (SE4All) Initiative, the United Nations Development Programme (UNDP)… Read more »
June 29, 2015
Africa: Huge Youth Employment and Business Opportunities in Africa's Cocoa Sector
The African Development Bank and the International Cocoa Organization (ICCO) are poised to boost business opportunities in Africa's cocoa sector, including youth employment and… Read more »
Africa: Aviation - The Next Infrastructure Growth Frontier for Africa
The air transport industry in Africa is on the resurgence and aviation is, "The next infrastructure growth frontier for Africa". This was the message at the International Air… Read more »
Uganda: Uganda High-Level Meeting to Endorse Action Plans On Managing for Development Results
High-level officials are meeting in the Ugandan capital Kampala from June 29-30, 2015 to give the green light on a proposed action plan on mainstreaming managing for development… Read more »
June 26, 2015
Africa: AfDB Board of Directors Approves the Bank's Knowledge Management Strategy for 2015-2020
The Board of Directors of the African Development Bank (AfDB), in its meeting on June 24, 2015 in Abidjan, approved the institution's Knowledge Management Strategy (KMS) for… Read more »
Kenya: AfDB President Kaberuka Pays Farewell Visit to Kenya
African Development Bank President Donald Kaberuka concluded his East African tour with a farewell meeting with Kenya's Head of State, Uhuru Kenyatta, on June 25th 2015. Read more »
June 25, 2015
Africa: Zambia's Capital City to Receive U.S.$50 Million for Sustainable Urban Sanitation
The Board of Directors of the African Development Bank (AfDB) Group on June 24, 2015 approved a loan of US $50 million to finance the Lusaka Sanitation Program targeted at Lusaka,… Read more »
Africa: Tackling Non-Tariff Barriers Is Key to Economic Growth, Says Kaberuka
African Development Bank President Donald Kaberuka paid a visit to Rwanda's President Paul Kagame on June 23 to brief him on progress made since he was elected and re-elected as… Read more »
June 22, 2015
Africa: Brics / Destination Africa - The New Development Bank, a Promise of New Funding?
On Wednesday, May 27, 2015, Day 3 of the African Development Bank's 50th Annual Meetings, a panel session was dedicated to a discussion on the BRICS (Brazil, Russia, India, China… Read more »