October 18, 2012
Africa: AfDB's 'Cif in Action' Highlights Work Behind Us $977-Million Investment in Africa's Low Carbon, Climate Resilient Development
The African Development Bank's "CIF in Action" is a semi-annual report on the Bank's activities in implementing the Climate Investment Funds (CIF) in Africa. Read more »
September 08, 2012
Africa: South-South Exchange of Know-How Is Essential for Africa's Economic Future, Says AfDB President
South-South investment and exchange of know-how are key sources of growth and prosperity in Africa - and Huajian Group of China's experience in Ethiopia is really edifying. Read more »
September 03, 2012
Africa: Supported By AfDB, Niger's Water Mobilization Project Receives Approval for U.S.$22 Million
Backed by the African Development Bank (AfDB), Niger has received approval from the Climate Investment Funds (CIF) for US $22 million to support its Water Resources Mobilization… Read more »
July 23, 2012
Africa: AfDB Injects Euros 7m Private Equity Into SME Fund in Francophone Africa
The Board of Directors of the African Development Bank (AfDB) recently approved a €7 million equity investment in the I&P Afrique Entrepreneurs SME Fund (IPAE). This will… Read more »
Africa: AfDB Injects U.S. $15 Million Equity Into African Trade Insurance Agency
The Board of Directors of the African Development Bank (AfDB) has approved recently a USD15 million equity investment in the African Trade Insurance Agency (ATI) to increase its… Read more »
July 12, 2012
Africa: Private Equity Investment in Africa More than Triples to U.S. $3 Billion in 2011
Private equity investment into Africa more than tripled in 2011 to reach USD 3 billion, and that figure is set to rise further as investors move into consumer products and services… Read more »
July 05, 2012
Africa: Health Ministers Say Investing in Health Is Key to Inclusive and Sustainable Growth in Africa
African finance and health ministers, parliamentarians, civil society organizations, private sector and representatives of bilateral and multilateral development institutions,… Read more »
June 21, 2012
Africa: AfDB and WWF Rally Leaders to Invest in Africa's Natural Capital
The African Development Bank (AfDB) and the World Wide Fund for Nature (WWF) have released a joint report on the state of environment in Africa, and are calling world leaders to… Read more »
June 18, 2012
Africa: AfDB Invests U.S. $18 Million to Help Fill Infrastructure Finance Gap in Africa
The Board of Directors of the African Development Bank (AfDB) has approved a USD 18 million private equity investment in infrastructure in sub-Saharan Africa. Read more »
June 15, 2012
Africa: AfDB Boards Africa Express to Showcase Continent's Renewable Energy Potential
African Development Bank (AfDB) projects to develop concentrated solar power in Morocco and geothermal power in Kenya are two of some 20 renewable energy initiatives being covered… Read more »
Africa: Sefa Bringing Needed Support to Smaller-Size Renewable Energy
After six months of operations, the Sustainable Energy Fund for Africa (SEFA), a joint initiative of the African Development Bank and the Danish government, designed to encourage… Read more »
Africa: Niger and Mozambique Plans for Climate Resilience Backed By the Cif
The Climate Investment Funds (CIF) have approved projects in Niger and Mozambique that aim to strengthen their populations' resilience to climate change by improving… Read more »
June 01, 2012
Africa: AfDB Supports Access to Finance for African SMEs With the Official Launch of the African Guarantee Fund
The African Development Bank Group (AfDB) President, Donald Kaberuka, announced today, at the AfDB Annual General Meetings, the official launch of the African Guarantee Fund (AGF),… Read more »
May 22, 2012
Africa: Board Approves Equity Investment of U.S. $100 Million in Agvance Africa
The Board of Directors of the African Development Bank Group (AfDB) approved on 16 May in Tunis, an equity investment of USD 100 million to Agvance Africa, the first… Read more »
May 08, 2012
Africa: Ethiopia, Nigeria Get Financial Boost for Clean Energy
Ethiopia's efforts to increase energy efficiency and diversify its hydro-dependent energy mix through renewable energy got a USD 50 million boost from the Climate Investment Funds… Read more »
April 23, 2012
Africa: Burkina Faso, DRC and Ghana Share Innovations in REDD+ Investments
On 2 and 3 April 2012, Burkina Faso, the Democratic Republic of Congo (DRC) and Ghana joined other countries from around the world participating in the Forest Investment Program… Read more »
Africa: CSS Design Finalized for Climate-Sensitive Sectors
On 28 and 29 March 2012, the African Development Bank (AfDB), organized a workshop to inform staff on the final design of the Climate Safeguards System (CSS) and raise awareness on… Read more »
April 18, 2012
Africa: AfDB Co-Organizes 4th African Carbon Forum for Carbon Control
The African Development Bank (AfDB) is co-organizing the 4th African Carbon Forum, where the latest developments and knowledge on the carbon market will be aired, on 18 to 20… Read more »
April 06, 2012
Africa: Chinese Investments and Employment Creation in Algeria and Egypt
China's presence in North African economies is expanding rapidly, as both an important trading partner, and increasingly as an investor. Chinese involvement can be readily seen in… Read more »
March 07, 2012
Africa: AfDB Invests in First Private Sector Project in Côte d'Ivoire
The African Development Bank's (AfDB) Board of Directors has approved a €58 million loan (equivalent to FCFA 38 billion) towards the financing of the construction, operation… Read more »
January 18, 2012
Africa: AfDB Makes Successful Showing in U.S.$ 1 Billion Bond Deal
Last week, the African Development Bank successfully issued a U.S.$ 1 billion, five-year bond. Order books totalled U.S.$ 1.2 billion from 43 investors. Read more »
November 25, 2011
Africa: AfDB and IMF Organize Training On Balance of Payments
A seminar on 'Balance of Payments and International Investment Position Statistics', organized b the African Development Institute and the IMF's statistic department began in Tunis… Read more »
November 23, 2011
West Africa: AfDB Injects 5 Million Euros Into Francophone West Africa Private Equity Fund
The Board of Directors of the African Development Bank (AfDB) has approved on 16 November a €5 million equity investment in a private equity fund which will invest in key… Read more »
November 01, 2011
Africa: Improving Business Environment Key to Attracting FDI (AfDB)
African countries should continue focusing on improving business climate to attract Foreign Direct Investment (FDI), according to views expressed by experts at the Sixth African… Read more »
Africa: Winds of Change in Morocco's Energy Market (AfDB)
On 28 October 2011, the governing bodies of the Climate Investment Funds (CIF) approved updates to Morocco's investment plan under the Clean Technology Fund (CTF) and an associated… Read more »
