February 24, 2023
Zimbabwe: Optimism As Zimbabwe Holds Second Structured Dialogue Platform Meeting On Arrears and Debt Resolution
The Zimbabwean government took a major step in its dialogue with creditors this week, organizing a second structured dialogue platform meeting on its arrears clearance and debt… Read more »
February 22, 2023
Africa: Zimbabwe's Second Structured Dialogue Platform Meeting
What: Second Structured Dialogue Platform Meeting - a forum for discussion between the Government of Zimbabwe and its development partners and creditors on the country's arrears… Read more »
February 17, 2023
Angola: In Angola, the African Development Bank Supports the Renewable Energy Sector
Implemented in Angola between 2019 and 2022, the Angola Renewable Energy Program (AREP) has helped to establish a viable and sustainable procurement framework that stimulates… Read more »
February 01, 2023
Malawi: African Development Fund Helps Create Thousands of Jobs for Youth in Malawi
Thousands of youths in Malawi have gained employment and some have even created jobs for their peer Read more »
December 17, 2022
Angola: Angola - African Development Bank Group Approves $10million Trade Finance Transaction Guarantee to Banco Fomento De Angola S.a. (Bfa)
The Board of Directors of the African Development Bank Group has approved a $10 million Trade Finance Transaction Guarantee (TG) to Banco Fomento de Angola S.A. (BFA). Leveraging… Read more »
December 07, 2022
Africa: Botswana - African Development Bank Group Commits $180 Million to Bolster Post-Covid-19 Economic Recovery
The African Development Bank is providing $180 m to support Botswana's economic recovery. Read more »
December 01, 2022
Angola: Angola Launches ICT Initiative for Remote Monitoring and Evaluation of Development Projects
The African Development Bank has rolled out the Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) project in Angola, following a three-day training session in the… Read more »
November 29, 2022
Mozambique: Mozambique - African Development Bank Approves €125 Million Loan for Hydroelectric Power Producer to Modernize Production System
The Board of Directors of the African Development Bank Group has approved a loan package not exceeding €125 million to Hidroeléctrica de Cahora Bassa (HCB) in… Read more »
November 17, 2022
Zimbabwe: Solar-Powered Piped Water Schemes Are Helping Zimbabwe's Urban Communities Amid Water Scarcity and Climate Change
Resources at scale are needed to provide communities in fragile settings with access to safe water, core to foster climate resilience, say African Development Bank and UNICEF… Read more »
November 11, 2022
Southern Africa: African Development Fund Invests Over $6 Million to Develop the Pharmaceutical Sector in Southern and Eastern Africa
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, on 2 November 2022 in Abidjan, approved a $6.63 million… Read more »
Southern Africa: African Development Bank Country Managers Hold Discussions With Officials From Southern Africa Development Community Officials
Country managers of the African Development Bank Group and representatives of the Southern African Development Community (SADC) Secretariat last month held a series of discussions… Read more »
November 10, 2022
Angola: Angola - African Development Bank Group Notes Country's Outstanding Economic and Fiscal Reforms
At the end of a three-day official visit to Angola, African Development Bank Group's Director General for Southern Africa Leila Mokaddem has commended the Lusophone nation for its… Read more »
November 04, 2022
Zimbabwe: Zimbabwe Open for Business, Says President Mnangagwa
"Private sector opportunities in Zimbabwe are limitless" - Zimbabwe President Dr Emerson Mnangagwa Read more »
November 03, 2022
Eswatini: Eswatini - African Development Bank Satisfied With Portfolio Implementation Progress At Mid-Term of Country Strategy Paper
Meeting on Tuesday, 18 October 2022, the Board of Directors of the African Development Bank Group approved the mid-term report of the implementation of the Bank's 2020-2024 Country… Read more »
November 02, 2022
Zimbabwe: Africa Investment Forum 2022 Market Days - High-Level Panel Discussion On Investment Opportunities in Zimbabwe
What: High-level panel discussion on investment opportunities in Zimbabwe Read more »
October 14, 2022
Mozambique: Mozambique - The African Development Bank's Sustainable Energy Africa Fund for Africa Provides $2.5 Million to Increase Penetration of Renewable Energy
The Board of Directors of the African Development Bank (AfDB) has approved a grant of a grant of $2.5 million to the Mozambican government to develop renewable energy resources. Read more »
September 29, 2022
Namibia: Namibia - African Development Bank Board Approves $134.9 Million Loan for Post-Covid-19 Economic Recovery Support Program Phase II
The Board of Directors of the African Development Bank has approved a loan of 2.3 billion South African rands ($134.9 million) in co-financing for the second phase of Namibia's… Read more »
September 23, 2022
Southern Africa: African Development Bank Offers SA a Financing Deal to Raise $41bn
The SPV, which can seek a credit rating, can sell zero-coupon bonds to raise as much as $41bn, Adesina said. Read more »
September 21, 2022
Botswana: African Domestic Bond Fund Lists On Botswana Stock Exchange
The African Domestic Bond Fund (ADBF), an exchange-traded fund, has been listed in the local Pula currency on the Botswana Stock Exchange (BSE). The listing, on 15 September 2022,… Read more »
September 01, 2022
Mozambique: Mozambique - African Development Bank Vice-President Quaynor Meets With Government At Outset of New Country Strategy
African Development Bank Vice-President for Private Sector, Infrastructure and Industrialization, Mr. Solomon Quaynor, officially visited Mozambique last week. He met with… Read more »
August 24, 2022
Zimbabwe: Zimbabwe - Senior African Development Bank Officials Highlight Private Sector Development, Renewable Energy Opportunities
Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe. The bank's vice president for power, energy, climate and green growth, Dr… Read more »
August 23, 2022
Southern Africa: African Development Bank Optimistic About Economic Prospects for Southern Africa Region
The Southern Africa region's investment opportunities and prospects for economic growth are encouraging despite recent headwinds of a global pandemic and food crisis, the African… Read more »
July 29, 2022
Malawi: Malawi - African Development Fund Approves $20.2 Million Grant to Raise Food Production
The African Development Fund, the concessional window of the African Development Bank Group, has approved a $20.2 million grant to raise food production in Malawi. Read more »
July 27, 2022
Zambia: Zambia - African Development Fund Approves $14.4 Million Loan to Boost Food Security in Regional Breadbasket
The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a $14.4 million loan to enhance food security in… Read more »
July 26, 2022
Mozambique: Mozambique - African Development Fund Approves Additional $5.6 Million Grant Funding to Bolster Food Security and Resilience
The Board of Directors of the African Development Fund has approved a $5.6 million grant in additional funding for Mozambique's Post Cyclone Idai and Kenneth Emergency Recovery and… Read more »
