September 06, 2013
Africa: AfDB and Nomura Announce Sales of Education Support Notes
The African Development Bank (AfDB), a leading multilateral development bank, rated Aaa/AAA/AAA, and Nomura, Asia's global investment bank, on Friday, September 6 finalized the… Read more »
September 04, 2013
Africa: AfDB Approves a U.S $15 Million Equity Investment to Boost African Financial Markets
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, September 4 an equity investment of up to US $15 million to the Enko Africa Private Equity Fund… Read more »
July 09, 2013
Africa: For AfDB Better Information Means Better Development
The African Development Bank (AfDB) believes that investment in better information is investment in better development, as transparent information on aid is fundamental for… Read more »
May 30, 2013
Africa: AfDB, USAID, and Government of Sweden Launch Agriculture Fast Track Fund to Spur Investment in African Agricultural Infrastructure
Donald Kaberuka, the President of the African Development Bank (AfDB); Rajiv Shah, the Administrator of the U.S. Agency for International Development (USAID), and Gunilla Carlsson,… Read more »
May 20, 2013
Africa: Developing African Infrastructure for the Continent's Structural Transformation
Across Africa, investments in physical and social infrastructure have failed to keep pace with growth and demand, creating a serious infrastructure deficit that slows investment,… Read more »
May 09, 2013
Africa: Kaberuka Named Africa's "Infrastructure Investment Personality of the Year"
African Development Bank President Donald Kaberuka was designated on May 7, 2013, in Cape Town, South Africa, the "Infrastructure Investment Personality of the Year" for 2013. The… Read more »
May 08, 2013
Africa: AfDB-Nigeria - Over U.S.$ 1 Billion Investment in Potable Water Projects for Millions of Households
Water is the most critical resource in any nation. It is the principal measure of the health of a country and how its people live. In Tunisia, as in a number of North African… Read more »
May 07, 2013
North Africa: Climate Investment Funds Give North Africa and Middle East Green Light for Revised Regional Solar Plan
The US $7.6 billion Climate Investment Funds (CIF) gave the go-ahead on Friday, May 3, to Algeria, Egypt, Jordan, Libya, Morocco and Tunisia to proceed with an updated version of a… Read more »
April 30, 2013
Nigeria: Lekki Deep Sea Port - A Multi-purpose Port in the Heart of a Free Zone Area
A consortium of private investors including AfDB Private Sector Department, the Federal Government of Nigeria and Lagos State are jointly constructing Nigeria's deepest sea port at… Read more »
April 23, 2013
Africa: The AfDB's Compelling Case for Africa's Structural Transformation
The African Development Bank (AfDB) Group's 2013 Annual Meetings take place from 27-31 May in Marrakech, Morocco. The 48th meetings of the AfDB and the 39th meetings of the African… Read more »
February 22, 2013
Nigeria: Nigeria - African Sustainable Transport Preparation Grant Approved By Climate Investment Funds
The Climate Investment Funds (CIF) has approved a grant of US $950,000 to help Nigeria prepare for a proposed project to revamp Abuja's mass transit system. The request for the… Read more »
Nigeria: Nigeria Receives Approval for Additional CIF $50 Million to Bolster Energy Efficiency
The Climate Investment Funds (CIF) has announced an agreement to provide Nigeria with US $50 million to support an African Development Bank-supported program of financial… Read more »
February 06, 2013
Africa: Us $1 Million Sefa Grant to Provide Reliable Energy Services
The Sustainable Energy Fund for Africa (SEFA) has approved a US $1 million grant to finalize pre-investment activities for a hybrid renewable energy project in Nosy Be Island in… Read more »
January 29, 2013
Africa: President Kaberuka Stresses Investment in Human Capital At World Economic Forum
On the sidelines of the World Economic Forum, which took place last week in Davos, Switzerland, African Development Bank Group President Donald Kaberuka emphasized that building… Read more »
January 16, 2013
Africa: AfDB Approves Us $24 Million Equity Investment to Boost East African Development Bank's Balance Sheet
The Board of Directors of the African Development Bank (AfDB) has approved today an equity investment of US $24 million in the East African Development Bank (EADB) to strengthen… Read more »
Africa: AfDB Hosts Meeting to Consider Private Sector Engagement in Climate Investment Funds Operations
At a CIF Partnership Forum event hosted by the African Development Bank on November 7, 2012 in Istanbul, a panel of speakers considered key points underpinning private sector… Read more »
December 17, 2012
Africa: AfDB Invests in Kenya's Young Innovators
Last month's conclusion of the Appstar Challenge demonstrated that Kenyan youth are the driving force of the country's revolution in innovation and entrepreneurship. The African… Read more »
November 30, 2012
Africa: AfDB Invests $43.7 Million in Kenya's Higher Education Sector
The African Development Bank has approved a US $43.7 Million loan to the Kenyan Government to enhance education and training institutions and develop skills needed in the changing… Read more »
November 19, 2012
Africa: Burkina Faso, Ghana Advance Plans for Sustainably Managing Forests and Building Climate Resilience
At meetings of the Climate Investment Funds (CIF) in Istanbul, Burkina Faso and Ghana received endorsement of their far-reaching plans for sustainably managing their forest sectors… Read more »
November 05, 2012
Africa: Invest in Education and Skills for Inclusive Growth
Education is the surest bet to get all segments of society involved in and benefiting from economic growth and transformation. Read more »
November 02, 2012
Africa: African Farmers Should Reap Benefits of Land Acquisition
African governments should use the proceeds from land leased to foreign investors to subsidize the cost to local farmers of modernizing their farming methods, or to build… Read more »
November 01, 2012
Africa: Africa Must Invest More in Research for Structural Transformation in Agriculture
African leaders in the ongoing African Economic Conference are requested to invest selectively in policies that interest citizens in order to improve agriculture productivity.… Read more »
Africa: Good Contracts and Clear Politics Needed to Benefit From Natural Resources
Countries have the sovereign responsibility and their citizens expect them to use their natural resources responsibly, Roger Nord, the Deputy Director, IMF Africa Department, said… Read more »
October 31, 2012
Africa: Investment in Quality Education Would Break the Poverty Chain
Africa must invest in quality education in order to stop children from inheriting poverty from generation to generation, African Development Bank President Donald Kaberuka told… Read more »
October 23, 2012
Africa: Increase Investments in ICT
Accelerated growth on the continent lies with increased investments in ICT infrastructure. According to Gabriel Negatu, the Director in charge of EARC, there are many new… Read more »
