May 19, 2011
Africa: AfDB, IFC, FMO Invest Euro 66 Million in Dibamba Power Company in Cameroon
The African Development Bank (AfDB) Group, the Interntional Finance Corporation (IFC) a member of the World Bank Group), and the Netherlands Development Finance Company (FMO), are… Read more »
May 05, 2011
Africa: AfDB Board Approves U.S.$ 64.8 Million for Uganda Agricultural Infrastructure Programme
The African Development Fund Board has approved a U.S.$ 64.8 million loan to Uganda to finance the country third Community Agricultural Infrastructure Improvement Programme… Read more »
May 04, 2011
North Africa: Brics Build North Africa's Economy
North Africa's economies are profiting from fast-growing trade and investment from the BRIC countries, according to a new report from the African Development Bank (AfDB). Read more »
April 08, 2011
Africa: AfDB Approves euros 25 Million for Addax Bioenergy Project in Sierra Leone
The Board of Directors of the African Development Bank (AfDB) approved on Friday, a € 25million senior private sector loan to finance Addax Bioenergy Sierra Leone (ABSL)… Read more »
March 24, 2011
Africa: AfDB and Institutional Investors Host Inaugural Africa Sovereign Funds Roundtable
The inaugural Africa Sovereign Funds Roundtable held on 15 and 16 March 2011 in Casablanca, Morocco, was organized by Institutional Investor's Sovereign Investor Institute in… Read more »
March 18, 2011
Africa: Interview with OPIC President And CEO, Elizabeth Littlefield
"The AfDB's President, Donald Kaberuka and I have discussed at length on environmental issues... We have shared commitments for partnership to jointly provide finance and develop… Read more »
March 07, 2011
Africa: South Africa is a Hub for Growth And Regional Integration in Africa
South Africa is a hub for growth and regional integration in Southern Africa. It accounts for 71.5% of regional GDP and is a key player in NEPAD and SADC. About 70% of… Read more »
February 25, 2011
Africa: AfDB Approves U.S.$ 9 Million Equity Investment in Zep-Re Kenya
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 23 February 2011 in Tunis, a U.S.$ 9,094,389 equity investment to acquire 15% of the current… Read more »
February 24, 2011
Africa: AFDB Approves 67.05 Million Euros Investment in West African Development Bank
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 23 February 2011 in Tunis, a €64million Line of Credit to the West African Development… Read more »
February 21, 2011
Africa: AfDB U.S. $ 1bn 2.5 Percent Global Due 15 March 2016
Transaction Highlights Read more »
February 18, 2011
Africa: AfDB 2011 Partnerships Forum to Focus On Regional Integration
The African Development Bank (AfDB) will hold its 2011 annual Partnerships Forum on 28-29 April 2011, at Hotel Ramada Plaza-Gammarth in Tunis, Tunisia, with a focus on regional… Read more »
February 08, 2011
Africa: AfDB Approves Usd 25 Million for Kivuwatt Project in Rwanda
The Board of Directors of the African Development Bank (AfDB) approved on Thursday, 3 February 2010 in Tunis, a USD 25-million senior private sector loan to finance the KivuWatt… Read more »
February 07, 2011
Africa: AfDB And ACBF - 20 Years of Support And Investment in Nurturing Capacity
The African Development Bank (AfDB), a founding member of the African Capacity Building Foundation (ACBF), will participate in the ACBF Summit marking its 20th anniversary, from… Read more »
January 12, 2011
Africa: 2010 - AfDB Confirms Priority Support to Infrastructure Sector
In 2010, the African Development Bank (AfDB) Group operations approvals by sector continued to reflect the institution's 2008-2012 Medium-Term strategy, which set infrastructure… Read more »
December 21, 2010
Africa: AfDB Invests Over U.S.$ 100 Million in African Water Sector
The African Development Bank (AfDB) Group has approved 3 projects in the African water sector amounting to U.S.$ 114.35 million in the last few weeks . The Bank strongly believes… Read more »
December 22, 2010
Africa: AfDB Invests U.S.$ 806 Million in African Transport Sector
In line with the African Development Bank (AfDB) Group's 2008-2012 Medium-Term Strategy which has transport as one of its core intervention areas in the Regional Member Countries,… Read more »
October 28, 2010
Africa: AEC - Proposals for Africa's Investment Guarantee Agency
The African Development Bank (AfDB) Group, on Wednesday, 27 October 2010, presented a proposal for the Financial Sector Strategy and Action Plan (FSSAP) for the 2011-2016 period.… Read more »
October 20, 2010
Africa: AfDB Approves U.S.$20 Million Private Sector Equity Investment in Africa Forestry Fund
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 20 October 2010 in Tunis, a U.S.$20 million equity investment in the Global Environment Fund… Read more »
October 21, 2010
Africa: AfDB Private Sector Approves Usd 15 Million Equity Investment in Catalyst Fund
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday 20 October 2010 in Tunis, a U.S.$15-million equity investment in Catalyst Fund, a 10-year… Read more »
September 29, 2010
Africa: AfDB Supports Investment in Hospitality Sector in Ghana
The Board of Directors of the African Development Bank (AfDB) has approved a U.S.$ 18 million loan to GCC Resorts Limited Company for the construction of Kempinski Hotel in Accra,… Read more »
September 28, 2010
Africa: AfDB Approves U.S.$ 25 Million Equity Investment
The African Development Bank (AfDB) Group Board of Directors on Wednesday 27 September 2010, approved a U.S.$ 25 million equity investment to support the Summit Development Group… Read more »
September 20, 2010
Africa: AfDB Approves Climate Investment Funds' Implementation
The African Development Bank (AfDB) Boards of Directors has authorized the signing of financial procedures agreements with the International Bank for Reconstruction and Development… Read more »
July 30, 2010
Africa: Eskom Renewable Energy Investment Project - Alternative Solutions to Meet Electricity Needs
In responding to the growing electricity demand within South Africa, the need for diversifying Eskom's (South African electricity public utility) energy mix, as well as meeting the… Read more »
July 20, 2010
Africa: AfDB Approves U.S. $25 Million Investment in New Africa Mining Fund
The Board of Directors of the African Development Bank (AfDB) approved on Monday, 19 July 2010 in Tunis, a USD 25-million equity investment in the second New Africa Mining Fund. Read more »
June 25, 2010
Africa: Boosting Infrastructure in South Africa - AfDB Approves a Senior Loan to Support Transnet's 5-Year Capital Investment Program
The Board of Directors of the African Development Bank (AfDB) approved today, 23 June 2010, a senior loan up to USD 400 million as a contribution to the financing of Transnet's… Read more »