November 30, 2018
Kenya: African Development Bank Group Approves U.S.$18.17 Million for the Kopere Solar Project in Kenya
The African Development Bank Group has approved a US$ 18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project owned by Voltalia, an international player in the… Read more »
November 19, 2018
Kenya: Kenya Receives New €235 Million Loans From African Development Bank to Complete Thwake Dam
The African Development Bank's Board of Directors has approved two loans worth €235.763 million for the completion of construction work on Thwake dam on Thwake River in… Read more »
October 10, 2018
Kenya: Kenya Goes All Out for Renewable Energy
Kenya has taken less than a decade to make giant strides in its energy sector. Key to this are two iconic renewable energy projects that have benefited from the decisive support of… Read more »
August 23, 2018
Kenya: Small-Scale Horticulture Project Transforming Lives in Kenya
Kenya has one of the most dynamic and innovative economies in sub-Saharan Africa. A decade after going through a food crisis and in the aftermath of the drought in 2016-2017, the… Read more »
July 23, 2018
Africa: In Kenya, African Development Bank Marks a Milestone in Financing Clean Energy On the Continent
Excited by the success of the Menengai geothermal power projects in Kenya, African development Bank plans to increase the share of its clean energy-financing portfolio to 100%. The… Read more »
Africa: Development in Action - Expansion of Nairobi's Outer Ring Road Reduces Traffic Congestion, Public Commute Times
Commuting time reduced from 2 hours to 10 minutes Read more »
July 19, 2018
Africa: Africa50 Meeting - Kenyatta and Adesina Call for Accelerated Private Sector Investment in Infrastructure
President Uhuru Kenyatta has made an urgent call for developing and funding bankable infrastructure projects to drive Africa's growth agenda. Read more »
Africa: President Adesina in Kenya to Support Africa's Investment Agenda
The President of the African Development Bank, Dr Akinwumi Adesina is in Kenya on a state visit from -19-21 July 2018 to participate in high-level activities aimed at strengthening… Read more »
July 10, 2018
Africa: Africa50 to Announce New Shareholders and Investment Updates At General Meeting in Nairobi On 19 July
Africa50, the pan-African infrastructure platform, will host its third General Shareholders Meeting (GSM) in Nairobi, Kenya on 19 July at Villa Rosa Kempinski Hotel. President… Read more »
June 08, 2018
Africa: The African Development Bank and the Climate Investment Funds Support Their First Private Sector-Led Geothermal Power Plant in Kenya
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean… Read more »
December 21, 2017
Kenya: Sustainable Energy Fund for Africa Improves Waste-to-Energy Electricity in Kenya With U.S. $1 Million Grant
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a grant of US $ 995,000 to Asticom Kenya Ltd., to support the construction of a… Read more »
November 29, 2017
Kenya: Towards Making Nairobi an Aviation Hub AfDB Supports JKIA Airport Expansion Project
Efforts being made by Kenya's government to make Nairobi an aviation hub has received a big boost from the African development Bank (AfDB) which approved a US$ 160m loan for the… Read more »
November 07, 2017
Africa: AfDB and Kenya - Thika Highway Continues to Impact Kenyan Lives Five Years On
The long-standing partnership between the African Development Bank (AfDB) and the Government of Kenya to promote inclusive and sustainable economic growth has produced excellent… Read more »
October 25, 2017
Africa: AfDB Approves U.S.$ 100 Million Line of Credit to Kenya Commercial Bank
The Board of Directors of the African Development Bank (AfDB) today approved a US$ 100 million Line of Credit (LOC) to Kenya Commercial Bank Limited (KCB). Read more »
October 02, 2017
Africa: The African Development Bank (AfDB) Is Organizing a Business Opportunities Seminar (BOS) on 2 - 4 October 2017, in Nairobi, Kenya
Business Opportunity Seminars (BOSs) are one-stop fora for consultants, contractors, manufacturers, and suppliers from the Bank Group's member countries looking to provide goods… Read more »
September 12, 2017
Africa: Kenyan Government Delighted With AfDB's Partnership, As Nnenna Nwabufo Receives Accreditation As Country Manager
Kenyan Cabinet Secretary for the Ministry of Foreign Affairs, Ambassador Dr. Amina Mohammed , presents AfDB's Nnenna Nwabufo with her letter of accreditation. Read more »
July 07, 2017
Kenya: AfDB Approves U.S.$1 Million Emergency Relief Grant to Drought Victims in Kenya
The Board of Directors of the African Development Bank Group (AfDB) has approved a US$ 1 million Emergency Humanitarian Assistance to people affected by drought and famine in… Read more »
March 31, 2017
Uganda: Kenya-Uganda, AfDB Finances Upgrading and Construction of Roads to Connect the Two Countries
The African Development Bank Group (AfDB) approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3 million) and Uganda (USD 105.7 million) for the upgrading of… Read more »
January 25, 2017
Kenya: AfDB Approves U.S.$90-Million Financial Package to Boost Commercial Bank of Africa's Funding of SMEs in Kenya and Grow Trade Finance in Africa
The Board of Directors of the African Development Bank has approved a US $90-million financial package comprising a US $50-million Line of Credit and US $40-million Trade Finance… Read more »
January 05, 2017
Africa: Sefa Grants Us $1 Million to Prepare an Innovative Community-Owned Hydropower Project in Kenya
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US $992,000-grant to support the preparation of 7.8-MW hydropower project (HPP) in… Read more »
December 09, 2016
Africa: "We Are Better Equipped to Deliver Results ", Say East African CSOs At AfDB Workshop in Nairobi
The African Development Bank (AfDB)'s consultations with East African civil society organizations (CSOs) concluded on December 9 in Nairobi, Kenya, with participants saying that… Read more »
November 23, 2016
East Africa: AfDB Approves US $75-Million Financial Package to Complement Diamond Trust Bank Kenya Limited's Funding to Enterprises in East Africa
The Board of Directors of the African Development Bank has approved a US $75-million financial package comprising US $50-million Line of credit and US $25-million Subordinated Debt… Read more »
November 09, 2016
Africa: AfDB Approves Us $391 Million for Kenya's Water and Sanitation Project
The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, November 9, 2016 approved US $391 million to help finance a major water and sanitation program in… Read more »
August 29, 2016
Kenya: AfDB Approves US $100-Million Non-Sovereign Guarantee Corporate Loan for Export Trading Group (ETG)
The Board of Directors of the African Development Bank (AfDB) Group has approved a seven-year, non-sovereign guarantee, US $100-million corporate loan to the Export Trading Group… Read more »
August 27, 2016
Africa: Bank Group Participates in TICAD VI
An African Development Bank (AfDB) Group delegation led by the Bank President, Akinwumi Adesina, will attend the Sixth Tokyo International Conference on African Development (TICAD… Read more »
