Africa: AfDB, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital Partner in Us $55-Million Investment Into Off-Grid Energy Access Fund

On December 15, the African Development Bank's Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund ("FEI OGEF"). This… Read more »

Africa: France Signs Landmark Us $ 253 Million Loan Agreement to Boost African Development Fund

The African Development Fund (ADF) has signed a significant concessional donor loan agreement with the Government of France to the tune of $ 253 million as support for the 14th… Read more »

Africa: African Development Bank achieves 100% investment in green energy Projects in 2017

Commits to 100% climate screening for all Bank financed projects Read more »

Africa: Africa Capital Works Fund Wins U.S.$ 15m AfDB Equity Investment

The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15m equity participation in Africa Capital Works Fund. Read more »

Africa: AfDB Boosts African Agriculture and Nutrition With U.S.$ 10 Million Equity Investment in Phatisa Food Fund

The Board of Directors of the African Development Bank Group (AfDB) today approved US$10 million equity investment in Phatisa Food Fund2 (PFF2) to boost agriculture and nutrition… Read more »

East Africa: East Africa Gas Competence Seminar and Investment Roundtable, Dar es Salaam, Tanzania

The African Natural Resources Center of the African Development Bank (AfDB) is organising the East Africa gas competence seminar and investment roundtable in Dar es Salam, Tanzania… Read more »

Sierra Leone: African Development Fund Paves Way for Guinea-Sierra Leone Border Road Reconstruction With €48 Million Loan and Grant Finance

The Boards of the African Development Bank Group have approved funding of €48 million from the African Development Fund (ADF) for the reconstruction of the border road from… Read more »

Africa: Policy Reforms Urgently Required for Increased Private Investment in Agriculture and Agribusiness in Africa, Says Blanke

Jennifer Blanke is the Vice-President, Agriculture, Human and Social Development at the African Development Bank (AfDB). On the occasion of World Food Day, October 16, she spoke on… Read more »

Africa: African Development Bank Sells Industrialize Africa Theme Bond for AUD 50 Million

The African Development Bank (AfDB) has sold its first "Industrialize Africa" theme Bond to Fukoku Mutual Life Insurance Company, the sole investor in the transaction, for AUD 50… Read more »

Africa: The Bank Group Has Approved Eur 15 Million Equity Investment in the Mediterrania Capital Fund III (MC III)

The Board of Directors of the African Development Bank (AfDB) has approved a EUR 15 million equity investment in the Mediterrania Capital Fund III (MC III) under the management of… Read more »

Africa: Agriculture Sector Financiers Resolute On Cushioning Farmers Against Climate Change

Major agriculture sector financiers, U.N. agencies and research organizations have underscored the urgent need to cushion small-scale African farmers from the adverse effects of… Read more »

Africa: AfDB Steadily Pioneers Major Strategy Shift in Africa's Agriculture Financing

The African Development Bank (AfDB) has deepened agriculture with an initial investment of US $774 million in six countries in Africa to ignite economic growth and make agriculture… Read more »

Africa: Transport Projects Financed By the AfDB Between 1967 and 2017 Have Benefited 450 Million Africans

Over its 50-year history, the African Development Bank (AfDB) has financed over 450 transport projects, changing the lives of close to 450 million people across Africa. Read more »

Africa: Africa50 Appoints Rupali Gupta As Head of Investor Relations

Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 23 African countries, and two African Central Banks, is pleased to… Read more »

Africa: NEPAD Infrastructure Project Preparation Facility Proposes Regional Information Hub to Stimulate Investment in Africa

The NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) has advocated the establishment of a regional information hub to advertise bankable projects in Africa. Read more »

Tanzania: Tanzania Wins U.S.$21.7 Million From Climate Investment Funds to Advance Geothermal Exploration and Transform Its Energy Sector

The Climate Investment Funds (CIF) has approved US $21.7 million for the United Republic of Tanzania to finance its Geothermal Energy Development Project. Read more »

West Africa: AfDB Convenes Ecowas Green Investment Catalyst Round Table

Ivorian Minister for Safety, Environment and Sustainable Development, Anne Désiree Ouloto delivers speech. Next to her is Amadou Hott, AfDB Vice President for Power, Energy,… Read more »

Liberia: Liberia to Transform Renewable Energy Sector With Support From the African Development Bank and the Climate Investment Funds

The Climate Investment Funds (CIF) awarded Liberia a grant in the amount of US$ 23.25 million to help transform the country's renewable energy sector. The project aims at… Read more »

Africa: AfDB Approves U.S.$ 15 Million Equity Investment in Shore Capital Fund to Support Inclusive Growth in Africa

The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15 million investment in Shore Capital Fund III, a multinational Private Equity Fund which promotes… Read more »

Africa: G20, African Countries Explore Opportunities to Increase Investments in Africa At Berlin Conference

The President of the African Development Bank, Akinwumi Adesina, joined leaders from African countries and G20 members in Berlin on Monday to discuss opportunities to enhance the… Read more »

Africa: AfDB Approves €5 Million Equity Investment to Support Small Businesses in Sub-Saharan Africa

The Board of Directors of the African Development Bank Group (AfDB) has approved a €5 million equity participation in Investisseur & Partenaire pour le… Read more »

Africa: African Forestry Investment Conference (Afic)

The African Development Bank (AfDB) is co-organizing the first African Forestry Investment Conference (AFIC) in Accra, Ghana, on June 13 and 14, 2017. Read more »

Africa: Closing Infrastructure Gap in Africa a Key Catalyst for Investment, Says G20

The G20 says closing infrastructure gap on the continent represents a key step to achieving better youth employment and economic transformation. Read more »

Africa: AfDB Explores Investment Strategies to Tilt Markets in Favour of African Farmers

The African Development Bank (AfDB) has proposed new investment strategies in Africa's agriculture sector, which, if properly implemented, would effectively alter the market… Read more »

Africa: AfDB and IFC Agree to Promote Investments That Benefit Women in Africa

The African Development Bank Group and the International Finance Corporation signed a memorandum of understanding on Tuesday, May 22, 2017 in Ahmedabad, India, aimed at promoting… Read more »