March 07, 2017
Africa: African Development Bank and Forest Investment Program Sign Loan With Form Ghana Ltd to Restore Ghana's Forests
The African Development Bank (AfDB) and <a target="_blank" href="http://www.afdb.org/en/topics-and-sectors/initiatives-partnerships/climate-investment-funds-cif/">Climate… Read more »
March 06, 2017
Africa: AfDB Engages Stakeholders On Suitable Regulatory Environment for Investment in Power Sector
Wale Shonibare, AfDB Director, Energy Solutions, Policy and Regulation (second from left), and Moctar Touré, AFUR Chairperson (second from right), during the power… Read more »
March 02, 2017
Africa: German Government Unveils Marshall Plan With AfDB Leadership
Africa is a continent of opportunity facing many challenges that the Plan can help resolve. Focus on entrepreneurship, private sector, renewable energy and green growth. Read more »
Africa: African Development Bank Supports Zimbabwe's State Enterprise Reforms With USD $4.061 Million
On February 28, 2017, Bank Group Director General (DG), Southern Africa Regional Development and Business Delivery Office, Tonia Kandiero, and Zimbabwe's Finance and Economic… Read more »
February 28, 2017
Sudan: AfDB President Holds High-Level Discussions With Sector Ministers to Reinforce Support to Sudan and Roll Out Implementation of the High 5s
On Monday, February 27, 2017, the President of the African Development Bank, Akinwumi Adesina, met the Sector Ministers of the Government of Sudan to reinforce the Bank's support… Read more »
February 20, 2017
Africa: AfDB Engages Governments and Policy-Makers At Investing in African Mining Indaba
The Investing in African Mining Indaba, one of the world's largest mining conference, wrapped up on 9 February, 2017, in Cape Town, South Africa with the African Development Bank… Read more »
February 16, 2017
Africa: The African Development Bank Approves New $28.2 Million Funding Injection in Shelter Afrique
African Development Bank supports the African housing sector through Shelter Afrique US $20-million loan approved, after a recent US $8.2-million equity injection Shareholders… Read more »
January 05, 2017
Africa: Sefa to Support Tanzania in Establishing a Renewable Energy Investment Facility to Finance Rural Energy Access Projects
The African Development Bank-hosted Sustainable Energy Fund for Africa (SEFA) approved on November 29, 2016 a US $870,000 preparation grant for Tanzania's the Rural Energy Agency… Read more »
December 16, 2016
Africa: AfDB Approves USD $80 Million Loan and USD $20 Million Equity to Kainji and Jebba Hydro Power Project in Nigeria
The Board of Directors of the African Development Bank (AfDB or the Bank) has approved a financing package of USD 100 million, comprising USD 80 million loan and USD 20 million… Read more »
December 15, 2016
Ethiopia: AfDB Approves USD $159 Million Corporate Loan to Ethiopian Airlines to Finance Expansion Plan and Fleet Modernization Program
The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines' expansion plan and fleet… Read more »
December 14, 2016
Africa: AfDB Convenes an Innovation Workshop to Accelerate Energy Access Through an Innovative Pay-As-You-Go Model - PAYG 2.0
On December 9, 2016, The New Deal on Energy Task Force hosted an Innovation Workshop to explore pioneering business models to scale access to pay-as-you-go (PAYG) payment models… Read more »
Africa: AfDB Approves U.S.$ 50 Million Equity Investment and USD$ 50 Million Convertible Loan to Seed the Establishment of the Multi-Investor USD$ 500 Million Facility for Energy Inclusion (FEI)
The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD 50 million equity and USD 50 million convertible… Read more »
December 13, 2016
Tanzania: AfDB Commits U.S. $74.9m to Reinforce Road Connexion Between Mozambique and Tanzania
On Friday 9th December of 2016, the Board of Directors of the African Development Bank Group (AfDB) approved USD 71.8M grant and USD 3.1M loan to the Government of Mozambique for… Read more »
December 07, 2016
Africa: African Economic Conference Closes With Call for Agriculture to Be At the Centre of Africa's Development
The 11th African Economic Conference (AEC) wound up in Abuja, Nigeria on Wednesday, after three days of intensive discussions on how African countries can achieve… Read more »
Africa: African Development Bank Group Approves the First Multi-Jurisdictional Fixed Income ETF in Africa
The Board of Directors of the African Development Bank (AfDB) has approved a seed equity capital investment of USD 25 million into the African Domestic Bond Fund (ADBF). The ADBF… Read more »
December 06, 2016
Africa: Private Sector SMEs Should Be Catalytic Force in Industrialization of Agriculture
Private sector small and medium enterprises (SMEs) should be the catalytic force in the industrialization and modernization of agriculture, a paper delivered Monday at the 2016… Read more »
November 28, 2016
Africa: "Africa Deserves More, Not Less" - Speech delivered by President Akinwumi Adesina at the Final Pledging Session for the African Development Fund 14th Replenishment, November 28, 2016, Luxembourg
Honorable Minister Pierre Gramegna, Minister of Finance of Luxembourg; Honorable Ministers of Finance from Africa and Governors of the African Development Bank; ADF Deputies;… Read more »
Africa: Home Stretch for ADF-14
On November 28 and 29, 2016, the third and final replenishment meeting for the 14th replenishment of the African Development Fund (ADF-14) is taking place in Luxembourg, following… Read more »
November 23, 2016
Africa: Report Calls for Policies to Empower Rural Youth, Encourage Private Investment, Increase Access to Land and Finance to End Poverty in West and Central Africa
Youth unemployment, insecure land tenure and weak value chains are the main obstacles in the way of ending poverty and inequality in West and Central Africa, says a new report… Read more »
Africa: AfDB Board Approves Boost Africa Investment Program, a New Integrated Approach to Enable Young Innovative Entrepreneurs Across Africa
The Board of Directors of the African Development Bank approved on Wednesday, November 16 a €50-million package of investments in various angel, venture, seed, accelerator and… Read more »
Africa: Africa50 Appoints Four Esteemed Infrastructure Advisors to Its Investment Committee
The Board of Directors of Africa50, the infrastructure fund for Africa, has approved the appointment of four internationally renowned investment and infrastructure experts as… Read more »
November 22, 2016
Africa: Launch of Boost Africa Initiative, a New Integrated Approach to Boost Young Innovative Entrepreneurs Across Africa
Over 1,500 start-ups and high-growth SMEs to be supported across the continent Read more »
Africa: Remarks by Dr. Akinwumi Adesina, President of the African Development Bank, at the Africa Day jointly organized by the European Investment Bank and the African Development Bank, November 21, 2016, Abidjan, Côte d'Ivoire
Your Excellency, Daniel Kablan Duncan, Prime Minister of Côte d’Ivoire; my dear friend President Werner Hoyer of the European Investment Bank; Honorable Ministers; Mr.… Read more »
November 17, 2016
Africa: Nepad Infrastructure Project Preparation Facility Urges Canadian Businesses to Seize Investment Opportunities in Africa
Canadian businesses attending a Business Opportunities Seminar with International Finance Institutions (IFI) held in Toronto, Montreal, Calgary and Vancouver from October 18 to 21… Read more »
November 16, 2016
Africa: AfDB Approves U.S.$10-Million Equity Investment in Tide Africa Fund
The Board of Directors of the African Development Bank (AfDB) has approved a US $10-million equity investment in the Technology and Innovation in Developing Economies (TIDE) Fund I… Read more »
