February 16, 2017
Africa: The African Development Bank Approves New $28.2 Million Funding Injection in Shelter Afrique
African Development Bank supports the African housing sector through Shelter Afrique US $20-million loan approved, after a recent US $8.2-million equity injection Shareholders… Read more »
February 15, 2017
Africa: Government of Sierra Leone Launches the Rehabilitation and Extension of Bo-Kenema Electricity Distribution System Benefiting More Than 54,000 Households
The Government of Sierra Leone, with financial support from the African Development Bank (AfDB) and UK Aid, also known as Department for International Development (DfID), launched… Read more »
December 16, 2016
Africa: AfDB Group Provides USD $250 Million to Support Enable Youth Nigeria Program
The Board of Directors of the African Development Bank Group (AfDB), has approved the ENABLE Youth Nigeria program, and will provide a USD 250 million loan, to contribute to job… Read more »
October 31, 2016
Africa: The Impact of Foreign Investment in African Cities Decrypted By UN-Habitat and AfDB Experts During the Habitat III Summit in Quito
During Habitat III, in Quito, Ecuador, the African Development Bank and UN-Habitat organized a networking event to present and discuss the preliminary findings of the first phase… Read more »
October 20, 2016
Africa: Habitat III - Multilateral Development Banks Collaborate to Support 'New Urban Agenda'
In support of the 'New Urban Agenda' adopted this week during the UN-sponsored global Habitat III conference, eight Multilateral Development Banks (MDBs) are putting the Agenda's… Read more »
October 12, 2016
Africa: AfDB Approves 570 Million Rands Loan to Finance Affordable Housing in South Africa
The Board of Directors of the African Development Bank Group (AfDB) has approved a Senior Loan of ZAR 570 million to South Africa's Housing Investment Partners Trust 2 -HIP2), also… Read more »
August 04, 2016
Nigeria: African Economic Outlook 2016 Launched in Nigeria
The 2016 African Economic Outlook (AEO) was launched by the Nigeria Country Office of the African Development Bank at an outreach event held at the Ahmadu Bello University in… Read more »
July 27, 2016
Africa: Poverty and Inequality Reduction has Remained Less Responsive to Growth Successes Across the Continent, Says AfDB African Development Report 2015
African economies have grown substantially over the past decade, but poverty and inequality reduction has remained less responsive to growth successes across the continent,… Read more »
April 20, 2016
Cameroon: AfDB and GEF Boost Renewable Energy Projects Across Africa and Urban Planning in Cameroon
The Global Environment Facility (GEF) announced on April 15, 2016, the approval of USD 18 million in funding for two projects co-financed with the African Development Bank (AfDB). Read more »
February 19, 2016
Africa: Boosting Affordable Housing in Africa
The Board of Directors of the African Development Bank (AfDB) approved on Thursday, February 18, 2016 a US $8.2-million equity investment in Africa's housing and habitat company,… Read more »
November 18, 2015
Africa: AfDB President Akinwumi Adesina in Accra to Share Perspectives On Agriculture, Nutrition and African Cities
African Development Bank (AfDB) President Akinwumi Adesina arrived on Tuesday, November 17 in Accra, Ghana, where he will share on November 18 the AfDB's perspective on agriculture… Read more »
June 25, 2015
Africa: Zambia's Capital City to Receive U.S.$50 Million for Sustainable Urban Sanitation
The Board of Directors of the African Development Bank (AfDB) Group on June 24, 2015 approved a loan of US $50 million to finance the Lusaka Sanitation Program targeted at Lusaka,… Read more »
June 10, 2015
Africa: AfDB, DFID and Stakeholders Reflect On Land Value, Innovative and Sustainable Urban Infrastructure Finance
"The urban population in Africa will increase by an additional 300 million people in the next 20 years. Given the limitation of current financing mechanisms, it is critical to find… Read more »
April 01, 2015
Africa: AfDB Board Approves U.S. $123.77 Million for Angola Urban Water Project
The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, April 1, 2015 approved a US $123.77-million loan to the Republic of Angola to finance the… Read more »
September 22, 2014
Benin: AfDB Approves Us$ 58.50 Million for Parakou Urban Transport Project
The Republic of Benin will receive a combined loan and grant amounting to US$ 58.50 million to help finance the Parakou Urban Transport Project, approved by executive directors of… Read more »
May 23, 2014
Africa: Urbanization Recommended As Key to Improving Living Conditions
Africa will have 760 million urban residents in 2030 and the figure is expected to multiply to 1.2 billion by 2050. Read more »
December 11, 2013
Africa: AfDB Approves U.S. $20 million Trade Finance Line of Credit for Shelter Afrique
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, December 11 a US $20 million Trade Finance Line of Credit for the Company for Habitat and… Read more »
November 08, 2013
Ghana: African Water Facility Turns Waste Into Commercial Fertilizer and Energy
The African Water Facility (AWF) signed a €1 million grant in favour of the Ghanaian NGO Training, Research and Networking for Development (TREND) to support an innovative… Read more »
May 30, 2013
Africa: AfDB Supports Sanitation Project in Sokodé, Togo
The African Development Bank (AfDB) will promote urban sanitation in Sokodé, Togo, and enable the population to benefit from toilets, through the valuation of fecal sludge… Read more »
April 23, 2013
Africa: The AfDB's Compelling Case for Africa's Structural Transformation
The African Development Bank (AfDB) Group's 2013 Annual Meetings take place from 27-31 May in Marrakech, Morocco. The 48th meetings of the AfDB and the 39th meetings of the African… Read more »
September 18, 2012
Africa: AfDB Injects U.S.$7 Million Equity Into Pan African Housing Fund
The Board of Directors of the African Development Bank (AfDB) has approved on 6 September 2012 a USD 7 million equity investment in the Pan African Housing Fund (PAHF), a private… Read more »
January 18, 2012
Africa: AfDB Promotes Improved Access to Water, Sanitation and Health Services in Uganda
The African Development Bank and the Government of Uganda signed two separate agreements on 12 January to finance projects to improve health services delivery and access to water… Read more »
October 04, 2011
Africa: High Level Forum On Land-Based Foreign Direct Investments in Africa (AfDB)
AfDB, AUC and UNECA to Discuss Land Investment in Nairobi Read more »
September 28, 2011
Africa: AfDB, AUC and UNECA to Discuss Land Investment in Nairobi
The African Development Bank (AfDB), the African Union Commission (AUC) and the United Nations Economic Commission for Africa (ECA) will on 4 and 5 October 2011 in Nairobi (Kenya),… Read more »
December 21, 2010
Africa: Mozambique Inaugurates Bank-Financed Water Systems in Inhambane
The Mozambican government on December 4, 2010, inaugurated two water systems constructed under the Urban Water Supply, Sanitation and Institutional Support Project, approved in… Read more »