November 11, 2011
Africa: AfDB Approves Funding for Upgrading Vital Road Corridor in Ethiopia
The upgrading of a 112-km road to an all-weather standard approved by the African Development Bank Group will boost economic activities and promote poverty reduction in Ethiopia.… Read more »
November 04, 2011
Africa: G20 Panel Recommends Sokoni Technology Platform (AfDB)
G20 leaders today welcomed the recommendations of the High-Level Panel for Infrastructure Development, endorsing the development of the Sokoni Africa Infrastructure Marketplace. Read more »
November 02, 2011
Africa: AfDB At the G20 - Cannes Summit
G20 Panel recommends Sokoni technology platform for infrastructure development in Africa Read more »
November 04, 2011
Africa: G20 Panel Recommends Sokoni Technology Platform for Infrastructure (AfDB)
G20 leaders today welcomed the recommendations of the High-Level Panel for Infrastructure Development, endorsing the development of the Sokoni Africa Infrastructure Marketplace. Read more »
October 31, 2011
Africa: Africa Nears Agreement On Continental Infrastructure Plan in Morocco (AfDB)
African states came closer to finalizing a continental programme for the development of vital infrastructure as talks ended in Morocco at the weekend. Read more »
October 27, 2011
Africa: Africa's Industrialization Through Green Growth (AfDB)
The green economy may be in the way of Africa's industrialization even if some of the continent's industries are still grappling with efficient use of energy issues related to… Read more »
October 12, 2011
Africa: AfDB to Finance Rehabilitation of Rural Infrastructure in Gabon
The African Development Bank (AfDB) is to finance the rehabilitation of rural infrastructure in Gabon. The Bank's Board of Directors has approved a loan of roughly USD 68.7 million… Read more »
September 28, 2011
Africa: AfDB Reinforces Emerging Africa Infrastructure Fund
The African Development Bank (AfDB) approved on Wednesday, 28 September 2011 in Tunis an eight-and-a-half-year USD 45 million senior loan to the Emerging Africa Infrastructure Fund… Read more »
August 05, 2011
East Africa: AfDB, Others Commit U.S. $165 Million to Railway Infrastructure in East Africa
The African Development Bank (AfDB) has committed USD40 million to support a five-year capital investment programme for Rift Valley Railways, a consortium established to manage the… Read more »
July 15, 2011
Africa: African Development Bank Approves U.S. $40 Million Loan for Rift Valley Railways
The Board of Directors of the African Development Bank (AfDB) has approved a USD 40-million loan to finance the Rift Valley Railways (RVR). The five-year USD 246 million capital… Read more »
June 30, 2011
Africa: AfDB Approves U.S. $35 Million to Finance Livestock Infrastructure in Rwanda
The Board of Directors of the African Development Fund (ADF), the concessional window of the AfDB Group, on 29 June, approved a USD 35-million loan to Rwanda. The amount will be… Read more »
June 29, 2011
Burundi: AfDB Approves U.S. $67 Million Grant for Burundi Road Project
The Boards of Directors of the African Development Bank (AfDB) Group today approved a grant of USD67.23 million (Units of Account 42 million) in funding for Phase II of the… Read more »
June 30, 2011
Burundi: African Development Bank Approves U.S.$67 Million Grant for Local Road Project
The Boards of Directors of the African Development Bank (AfDB) Group today approved a grant of USD67.23 million (Units of Account 42 million) in funding for Phase II of the… Read more »
June 10, 2011
Africa: AfDB Loans U.S.$ 60 Million to Improve Agricultural Infrastructure in Uganda
The African Development Bank Group (AfDB) and the government of Uganda have signed a loan agreement for U.S.$ 60 million The loan is to be used for the community agricultural… Read more »
Africa: AfDB Grants UA 40 Million to Improve Agricultural Infrastructure in Uganda
The African Development Bank Development Bank Group (AfDB) and the government of Uganda have signed a loan agreement for UA 40 million. (UA 1.0 = U.S.$ 1.6) PLEASE CONFIRM THIS The… Read more »
June 09, 2011
Africa: AfDB Signs Multi-Million Cooperation Agreements With China And Brazil
The African Development Bank (AfDB) Group on Wednesday in Lisbon signed two major cooperation agreements with China and Brazil for the funding of projects and programs in AfDB's… Read more »
June 08, 2011
Africa: PPP Critical to Bridging Africa's Infrastructure Gap, Say Experts (AfDB)
Fostering partnerships between the private sector, infrastructure agencies and regional economic communities is critical to solving the problem of Africa's vast infrastructure gap… Read more »
Africa: 2010 Annual Report-Investing in Infrastructure (AfDB)
With more of 70% of its total approvals targeting the infrastructure sector in 2010, the African Development Bank has confirmed its leadership in this area. Read more »
June 07, 2011
Africa: Africa's Financial Authorities Welcome Planned New AfDB Funding Initiative
Representatives from Africa's financial authorities have welcomed a planned new financial initiative from the African Development Bank (AfDB) which aims to boost inward financial… Read more »
May 24, 2011
Africa: African Countries Credit Ratings - Key for Effective Resource Mobilization On International Capital Markets
Cost and lack of appreciation of the benefits of ratings and the financial discipline that a credit rating brings are some of the reasons why some African countries are reluctant… Read more »
May 20, 2011
Africa: AfDB Annual Meetings to Focus On Shared And Inclusive Growth
The African Development Bank (AfDB) Group holds it 2011 Annual Meetings in Lisbon, Portugal from 9-10 June 2011, with the participation of finance ministers, central bank governors… Read more »
May 06, 2011
Africa: AfDB At the Wef 2011-Bridging Borders - Fostering Regional Integration
AfDB at the WEF 2011-These are the African Development Bank (AfDB) comments on the session entitled "Bridging Borders: Fostering Regional Integration" at the World Economic Forum… Read more »
May 05, 2011
Africa: AfDB Board Approves U.S.$ 64.8 Million for Uganda Agricultural Infrastructure Programme
The African Development Fund Board has approved a U.S.$ 64.8 million loan to Uganda to finance the country third Community Agricultural Infrastructure Improvement Programme… Read more »
April 29, 2011
Africa: AfDB Approves Urban Development Strategy for African Cities
The Board of Directors of the African Development Bank (AfDB) Group has approved the Bank's Urban Development Strategy. The strategy is designed to transform African cities and… Read more »
April 28, 2011
Africa: AfDB Adopts Strategy for Regional Integration in Central Africa
The Board of Directors of the African Development Bank (AfDB) today approved its 2011-2015 Regional Strategy for Central Africa. The strategy is designed to reduce poverty through… Read more »