October 09, 2013
Togo: AfDB Mobilizes U.S.$ 8.93 Million of Adaptation Finance From the Global Environment Facility for Togo
The Council of the Least Developed Countries Fund (LDCF) hosted by the Global Environment Facility has approved on September 20, 2013 a project aiming at strengthening climate… Read more »
Africa: Regional Integration Key to the Development of South Sudan
In July 2011, South Sudan became the world's newest country, following a long-awaited referendum on independence. With the support of various civil society leaders, national and… Read more »
Africa: First Call for Proposals of Africa Trade Fund
The African Development Bank Group (AfDB) is pleased to announce the first call for proposals of the Africa Trade Fund (AfTra). Award amounts shall range from 50,000 USD to… Read more »
October 08, 2013
Africa: Kaberuka At OECD Forum On Africa - "Exclusion Has Devastating Consequences"
The task is to unleash the full potential of the continent's natural capital - to which its growth is so closely tied - and in so doing to empower its human capital, which is what… Read more »
Africa: AfDB Envisions Becoming a Leading Enabler in Capacity Development
Towards a Bank-wide Framework for Capacity Development was the theme of a workshop organized the African Development Institute (EADI) of the African Development Bank (AfDB) on 4… Read more »
Africa: Implementation of Agreed Policies Will Result in Deeper Market and Trade Integration
African policy-makers, government officials and development experts recognize the crucial role of regional integration in the development of African economies. They add that this… Read more »
Southern Africa: Integration Represents Significant Opportunities for Landlocked and Small Island Countries
"Regional integration offers southern African countries substantial potential from competition and scale effects, but the gains are not automatic; careful design and sustained… Read more »
Africa: Forum On Africa - Leaders Discuss Challenges Ahead for Continent's Economic Transformation
The task is to unleash the full potential of the continent's natural capital - to which its growth is so closely tied - and in so doing to empower its human capital, which is what… Read more »
October 04, 2013
Zambia: AfDB Approves U.S. $150-Million Loan to Support Access to Reliable Electricity Supply
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, October 2 a senior loan of up to US $150 million to finance a 300MW coal-fired power plant as… Read more »
Ghana: SEFA and WAFCEF Partners Gather in Ghana
The Sustainable Energy Fund for Africa (SEFA), a multi-donor initiative administered by the African Development Bank (AfDB), will participate at the West Africa Clean Energy… Read more »
October 03, 2013
Sudan: AfDB Grants U.S. $3.2 Million for Technical Assistance to Sudan for PRSP Preparation
On Thursday October 3, 2013, the African Development Bank (AfDB) and the Government of Sudan signed a Protocol of Agreement for Technical Assistance for the preparation of a full… Read more »
October 29, 2013
Kenya: An Inclusive Business Workshop to Take Place in Nairobi on 29-30 October 2013
A workshop on "Private Investment and Job Creation" will take place in Nairobi, Kenya on 29-30 October 2013. Read more »
October 03, 2013
Africa: AfDB, Largest Financier of Clean Energy on the African Continent
Between 2011 and 2012, the African Development Bank (AfDB) increased by a staggering 92% its investment in clean energy in Africa, according to a new report by Bloomberg New Energy… Read more »
October 02, 2013
Africa: AfDB Invests U.S.$70 Million in PTA Bank to Boost Trade and Economic Growth in Africa
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, October 2, a financial package consisting of US $20 million in additional equity and a US… Read more »
Kenya: First ADF Partial Risk Guarantee Approved in Kenya for Largest African Wind Power Project
The Board of the African Development Bank (AfDB) approved the Lake Turkana Transmission Line Delay Partial Risk Guarantee for €20 million, the first of the African Development… Read more »
Sierra Leone: Sierra Leone Receives Support for Green Growth With New AfDB Report
Report explores challenges and opportunities of growth in a fragile state Read more »
September 30, 2013
Africa: Public-Private Partnerships Promise a Bright Future for the African Pharmaceutical Industry
The African pharmaceutical sector is expected to grow tremendously in the coming years. The opportunity is such that public-private synergies are key to the development of the… Read more »
September 27, 2013
Africa: Participants Reaffirmed Their Commitment to Africa At ADF 13th Replenishment
Participants in the African Development Fund have reaffirmed their commitment to supporting Africa's continuing process of economic transformation, with a total replenishment… Read more »
Zambia: Zambia Gets $38 Million Green Light to Increase Climate-Resilient Growth in the Kafue Sub-Basin
With African Development Bank (AfDB) support, Zambia has received approval for a $38 million infusion of support from the Climate Investment Funds' (CIF) Pilot Programme for… Read more »
Africa: Fundraising for Africa50 Infrastructure Fund
The African Development Bank and Made in Africa Foundation officially launched the fundraising for the Africa50 infrastructure fund on Thursday, September 26 at the NASDAQ Stock… Read more »
September 26, 2013
Africa: Holding Excess Foreign Reserves Versus Infrastructure Finance
Financing infrastructure needs in Africa necessitates new thinking on financing mechanisms. Currently, there is a lively debate on the funding and use of foreign exchange (forex)… Read more »
Africa: AfDB Prices a New 5-Year Us Dollar Global Bond
This week, the African Development Bank priced a new USD 1 billion 5-year Global benchmark bond. This is AfDB's second fixed-rate USD transaction of the year after having issued a… Read more »
September 25, 2013
Africa: ADF 13 Replenishment
- AfDB President's Statement At the Opening Session Read more »
Africa: High Level Panel on Fragile States Calls for More Resources for AfDB
Fragility and post-conflict situations, a matter of great concern for development institutions including the African Development Bank (AfDB), were central to discussions at its… Read more »
Africa: ADF-13 to Be Innovative, Focused and Strategic, says Bank President
The African Development Fund (ADF) and its donor-country partners opened on Wednesday, September 25 in Paris, the third and last round of the 13th replenishment of the ADF, the… Read more »