September 07, 2016
Africa: Stakeholders Gather in Angola to Validate National Sustainable Energy for All (Se4all) Action Agenda and Investment Prospectus
Angola's Secretary of State of Energy, Joaquin Ventura, opened the validation workshop for Angola's SE4All Action Agenda and Investment Prospectus on 26 August 2016 in Luanda on… Read more »
August 29, 2016
Kenya: AfDB Approves US $100-Million Non-Sovereign Guarantee Corporate Loan for Export Trading Group (ETG)
The Board of Directors of the African Development Bank (AfDB) Group has approved a seven-year, non-sovereign guarantee, US $100-million corporate loan to the Export Trading Group… Read more »
August 30, 2016
Africa: Guinea Becomes First African Nation to Contribute to the ALSF
The Republic of Guinea has become the first African nation to make a voluntary financial contribution to the African Legal Support Facility (ALSF). Read more »
August 23, 2016
Africa: AfDB President Adesina's First Year in Office and a Remarkable Transformation Agenda
During his investiture as the 8th elected President of the African Development Bank Group on 1st September 2015, Akinwumi Adesina pledged "to help build a new Africa with… Read more »
August 28, 2016
Africa: Japan Pledges Investment in Quality Infrastructure in Africa
Investing in infrastructure and human resource development are crucial for Africa to realise Agenda 2063, a high-level panel during the Sixth Tokyo International Conference on… Read more »
August 27, 2016
Africa: Bank Group Participates in TICAD VI
An African Development Bank (AfDB) Group delegation led by the Bank President, Akinwumi Adesina, will attend the Sixth Tokyo International Conference on African Development (TICAD… Read more »
August 04, 2016
Africa: AfDB Makes USD 9 Million Equity Investment in Fund for Agricultural Finance in Nigeria
The African Development Bank has approved a USD 9 million equity investment (approximately 12% of the fund's capitalisation) in the Fund for Agricultural Finance in Nigeria (FAFIN)… Read more »
July 22, 2016
Africa: Capacity Building Workshop On Negotiating Natural Resources Contracts
Negotiations require preparation and there should be a structured process on how to approach negotiations, emphasized the African Natural Resources Center (ANRC) Director, Sheila… Read more »
Africa: AfDB Issues 1.250 Percent USD 1 Billion Global Benchmark Due 26 July 2021
On Tuesday, July 19, 2016, the African Development Bank ("AfDB"), rated Aaa (Moody's) / AAA (S&P) / AAA (Fitch), launched and priced a new USD 1 billion 5-year Global benchmark… Read more »
July 18, 2016
Africa: AfDB Approves USD 14 Million for Its First Private Sector Direct Investment in Restoration of Degraded Forests Through Sustainable Forest Plantations in Ghana
The Board of Directors of the African Development Bank Group (AfDB) on July 13, 2016 approved a USD 14 million senior loan through its private sector window to Form Ghana Ltd for… Read more »
July 13, 2016
Tanzania: Official Launch of the Tanzania Sustainable Energy for All (Se4all) Action Agenda and Investment Prospectus
Tanzania's Minister of Energy and Minerals, Sospeter Muhongo, with the participants to the official launch of national Sustainable Energy for All (SE4All) Action Agenda and… Read more »
July 08, 2016
Southern Africa: Lighting Up and Powering Africa - AfDB Boosts Eskom's Electricity Generation Capacity With a Usd 1.34 Billion Jumbo Loan
Within the context of the New Deal on Energy for Africa, the African Development Bank (AfDB) and South Africa's power utility (Eskom) on Wednesday, July 7, 2016 in Johannesburg,… Read more »
July 01, 2016
Africa: Fragile Contexts, a Key Focus of ADF-14
More than 56 million people require humanitarian assistance and more than 17 million are displaced across Africa, according to the African Development Bank. Read more »
June 30, 2016
Africa: Charting Africa's Progress - African Development Bank Launches Mapafrica 2.0
The African Development Bank has released a new online tool that enables anyone in the world to see at a glance how the Bank's projects are boosting Africa's economies and making… Read more »
June 29, 2016
Nigeria: AfDB Approves Trade Finance Loans to First Bank of Nigeria and FSDH Merchant Bank, Nigeria
The Board of Directors of the African Development Bank (AfDB) approved on Monday, June 27, 2016, in Abidjan, US $300-million and US 50-million Trade Finance Loans to First Bank of… Read more »
June 27, 2016
Kenya: AfDB Loan to Provide Power to 1.5 Million Kenyans
The African Development Bank on Monday, June 27, 2016, approved a USD 135-million loan to launch the second phase of an energy project that is expected to benefit a minimum of… Read more »
June 23, 2016
Africa: "Feed Africa" - AfDB Develops Strategy for Africa's Agricultural Transformation
The Board of Directors of the African Development Bank Group (AfDB) has approved an agricultural transformation strategy for a competitive and inclusive agribusiness sector that… Read more »
April 07, 2016
Kenya: Kenya to Tap Into Rift Valley Geothermal Resources and Strengthen Private Sector Investment in Renewable Energy
With African Development Bank (AfDB) support, Kenya has received approval from the Climate Investment Funds' Clean Technology Fund (CIF-CTF) for a US $29.65-million concessional… Read more »
June 17, 2016
Africa: "Africa's time is now": Canadian Government and Businesses Urged to Invest in an Emerging Continent
The time is ripe to invest in Africa and Canadian investors should look for long-term opportunities on the continent. This was the resounding message emerging from a VIP breakfast… Read more »
Africa: AfDB President Brings Africa to the Americas as Co-chair of the 22nd Conference of Montreal
For three days this week, African Development Bank Group President Akinwumi Adesina brought Africa to the Americas, and the AfDB to Canada, as the co-chair of the 22nd… Read more »
May 28, 2016
Africa: Japanese Investors and Partners Recognize Huge Potential of African Continent
The challenges facing Africa shouldn't be recognized with pessimism, but must be seen as investment opportunities, says the Head of the Africa Development Bank's (AfDB) External… Read more »
May 23, 2016
Africa: Continental Business Network - Managing Investment Risks in Public Infrastructure
Defining and managing investment risk in African domestic and regional infrastructure projects is critical to development and growth of the continent. Read more »
May 10, 2016
Africa: The African Development Bank Supporting Private Equity Investments in Africa
The African Development Bank was an associate sponsor of the 13th Annual Conference of the Africa Venture Capital Association (AVCA) that took place in Addis Ababa, Ethiopia, April… Read more »
May 09, 2016
Eswatini: Swaziland Secures U.S.$63-Million AfDB Loan to Finance Smallholder Irrigation Project
Swaziland has secured a US $63 million (ZAR 2.01 billion) loan to finance the second phase of the Lower Usuthu Smallholder Irrigation Project (LUSIP II) in the southeastern part of… Read more »
March 24, 2016
Africa: AfDB Supports Healthcare Sector in Africa With a U.S.$ 25 Million Equity Investment in the Abraaj Growth Markets Health Fund
The Board of Directors of the African Development Bank (AfDB) has approved a USD 25 million equity investment in the Abraaj Growth Markets Health (Africa) Fund (the "Fund"), the… Read more »
