March 28, 2014
Nigeria: AfDB Board Approves US$ 205 Million Urban Water Supply and Sanitation Project for Nigeria
The Board of Directors of the African Development Bank, on 26th March 2014, approved a US$ 205 million Urban Water Sector Reform and Port-Harcourt Water Supply and Sanitation… Read more »
March 25, 2014
Kenya: AfDB Convenes Lenders to Secure Kenya's Largest Private Sector Investment
Lake Turkana Wind Power Project (LTWP) marked a significant milestone on Monday, March 24 with the loan signing of €623 million (Ksh 76 billion), making it the largest private… Read more »
March 19, 2014
Africa: SEFA and Partners Launch Competition to Link Entrepreneurs, Clean Energy Projects and Investors
Together with partners, the Sustainable Energy Fund for Africa (SEFA) is co-organizing the Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition. Read more »
February 26, 2014
Zambia: AfDB Facilitates Private Sector Finance for Climate-Readiness in Niger, Mozambique and Zambia
Over US $30 million in concessional funds has been made available for innovative private sector projects that seek to improve climate change adaptation or readiness in Niger,… Read more »
January 29, 2014
Cote d'Ivoire: Statement At "Invest in Côte d'Ivoire Forum - Ici 2014" By the AfDB President Donald Kaberuka
Event: International Forum on Investments in Côte d'Ivoire Read more »
December 18, 2013
Nigeria: ADF Partial Risk Guarantee Program to Stimulate Private Investment in the Nigerian Power Sector
The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Partial Risk Guarantee (PRG) program of US $184.2 million*, and an… Read more »
Africa: AfDB Board Approves U.S. $25 Million Investment in Pan-African Infrastructure Development Fund
The Board of Directors of the African Development Bank on Tuesday, December 17, 2013 in Tunis, approved a US $25-million equity investment in the Second Pan-African Infrastructure… Read more »
November 08, 2013
Africa: Meeting of Ministers of Health and Finance on Domestic Financing for Health
The African Union Commission (AUC) in collaboration with the Global Fund to Fight AIDS, TB and Malaria and the African Development Bank (AfDB) will convene a high-level political… Read more »
October 29, 2013
Kenya: An Inclusive Business Workshop to Take Place in Nairobi on 29-30 October 2013
A workshop on "Private Investment and Job Creation" will take place in Nairobi, Kenya on 29-30 October 2013. Read more »
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 »