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 »
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 »
