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 »
June 23, 2010
Africa: AfDB Approves U.S.$50 Million Dollars Equity Investment in 8 Miles Fund
The Board of Directors of the African Development Bank (AfDB) Group has approved today, 23 June 2010, in Tunis, an equity investment of USD 50 million in the 8 Miles Fund which… Read more »
May 19, 2010
Africa: AfDB Commits Usd 40 Million in the African Agriculture Fund
The private sector window of the African Development Bank (AfDB) Group received, on 19 May 2010, board approval for a USD 40 million equity investment in the African Agriculture… Read more »
May 18, 2010
Africa: Enhancing Ghana's Transport Sector
Since the Bank Group commenced operations in Ghana in 1973, it has invested over USD 1.6 billion on concessionary terms in all sectors of the country's economy. In the transport… Read more »
May 06, 2010
Africa: World Economic Forum On Africa - "We Must Attract Foreign Investors to Africa," Says AfDB President
African Development Bank (AfDB) President, Donald Kaberuka, and his delegation are participating in the World Economic Forum (WEF) on Africa which started on Wednesday, 5 May 2010,… Read more »
May 05, 2010
Africa: AfDB Approves Usd 30 Million Equity Investment in Helios Investors II
The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday 28 April 2010 in Tunis an equity investment of USD 30 million in Helios Investors II. Read more »
April 30, 2010
Africa: AfDB And Investment Fund for Health in Africa Sign Euro 10 Million Equity Investment
The African Development Bank (AfDB) has committed Euro 10 million equity in the Investment Fund for Health in Africa (IFHA). Read more »
April 29, 2010
Africa: AfDB Approves U.S.$50 Million Investment in Africa Capitalization Fund
The Board of Directors of the African Development Bank (AfDB) Group, through its private sector window, approved on Wednesday, 28 April 2010 in Tunis an equity investment… Read more »
April 05, 2010
Africa: AfDB President Urges Japanese to Invest in Africa
After visiting Osaka in the first leg of his visit Japan, the AfDB President, Donald Kaberuka, on Monday, April 5, 2010, headed to Tokyo, the nation's capital, where he held… Read more »
February 17, 2010
Africa: AfDB New Staff And Partner Institutions Undergo Training On Investment Appraisal And Risk Analysis
AfDB young professionals and staff from partner institutions - the African Finance Corporation, the Islamic Development Bank, the Japan International Corporation Agency - on… Read more »
November 30, 2009
Africa: The AfDB Approved an Equity of Usd 30 Million to the African Infrastructure Investment Fund 2
The Board of Directors of the African Development Bank (AfDB) approved an equity investment of USD 30 million to the African Infrastructure Investment Fund 2 which is the successor… Read more »
November 26, 2009
Africa: "Africa Needs to Significantly Scale Up Investments in Both Renewable And Low-Emission Fossil-Fuel Technologies," Says AfDB Infrastructure Director, Gilbert Mbesherubusa
"In order for African countries to begin shifting to clean energy and a lower carbon development path, they need to significantly scale up investments in both renewable and… Read more »
November 17, 2009
Africa: AEC Participants Discuss Impact of Foreign Direct Investments on Poverty Reduction in Africa
As part of the African Economic Conference, some 150 participants met on Wednesday, November 11, 2009, at the UN Conference center in Addis-Ababa, where they listened to a… Read more »
November 12, 2009
Africa: The Financial Crisis, an Opportunity to Accelerate Investment
Introduced by a presentation by Oxford University Professor, Paul Collier, the session underscored the need to strengthen public finance management, resource mobilization through… Read more »
October 08, 2009
Egypt: AfDB Approves U.S.$78.24 Million Loan to Finance Waste Water Treatment Project
The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday, 7 October 2009 in Tunis, a loan of Euro 53.33 million, equivalent to 48.56 million Units… Read more »
September 02, 2009
Tunisia: AfDB Loan to Rehabilitate Tunisia?s Electricity Network
The African Development Bank (AfDB) Group on Wednesday, September 2, 2009 in Tunis approved a loan of 42,34 million Units of Account (UA), equivalent to 87.83 million… Read more »
July 01, 2009
Africa: Bank Group President Receives Zimbabwe Economic Planning and Investment Promotion Minister
Bank Group President, Donald Kaberuka, on Tuesday June 30, 2009 in Tunis, received Zimbabwe's economic planning and investment promotion minister, Elton Mangoma. Read more »
June 03, 2009
Africa: AfDB Approves CFAF 750 Million Equity Investment in Banque Congolaise de l'Habitat
Tunis, June 2, 2009 - The Board of Directors of the African Development (AfDB) Bank Group has approved financing for a CFAF 750-million investment in the Equity of the Banque… Read more »