December 28, 2017
Africa: African Development Bank Board Approves Third Sovereign Lending Instrument
The Board of Directors of the African Development Bank Group (AfDB) approved the Bank's third sovereign lending instrument called the Results-Based Financing (RBF) Policy. RBF will… Read more »
Africa: African Development Bank achieves 100% investment in green energy Projects in 2017
Commits to 100% climate screening for all Bank financed projects Read more »
December 26, 2017
Africa: France Signs Landmark Us $ 253 Million Loan Agreement to Boost African Development Fund
The African Development Fund (ADF) has signed a significant concessional donor loan agreement with the Government of France to the tune of $ 253 million as support for the 14th… Read more »
December 22, 2017
Africa: Third Africa Forum On STI
The third edition of the Africa Forum on Science, Technology and Innovation ("Africa STI Forum") will be held from February 10-12, 2018 in Cairo, Egypt. Co-organized by the African… Read more »
December 21, 2017
Egypt: Egypt Gets U.S.$ 150m From the African Development Bank to Upgrade Water Treatment Plant
In support of the Egyptian Government's efforts to ensure safe living conditions, the African Development Bank has approved financing amounting to US$ 150 million for the expansion… Read more »
Africa: Building the Next Generation of African Agricultural Economists
Building the next generation of African agricultural economists was one of the key highlights of a Structural Transformation of the African Agriculture and Rural Spaces (STAARS)… Read more »
Africa: African Development Bank to Raise U.S. $ 8 Billion From Capital Markets in 2018
The Board of Directors of the African Development Bank has approved the Bank's 2018 borrowing program for USD 8 billion to be raised from capital markets. Read more »
East Africa: African Development Bank Supports Small Businesses in East Africa With U.S. $ 15 Million
The Board of Directors of the African Development Bank has approved an equity investment of US $15 million in Catalyst Fund II, a second-generation private equity fund investing in… Read more »
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 »
December 20, 2017
Africa: Sustainable Energy - African Development Bank Approves Us $ 20m Support to Evolution Fund II
As part of its wider mandate under the New Deal on Energy for Africa, the Board of Directors of the African Development Bank on December 15, 2017, approved an investment of US $20… Read more »
Mozambique: African Development Bank and Government of Mozambique Light Up 80,000 Households and Businesses
"The expansion of the Dondo substation will not just light up households and family units. It will also power the industrial growth of the Sofala and Manica provinces, creating… Read more »
Mozambique: New Mozambican Rail, Port Project to Open New Markets for Farm Produce, Boost Regional Integration
The African Development Bank is taking the lead in facilitating the takeoff of one of Africa's largest infrastructure project - the US $ 5 billion Nacala corridor rail and port… Read more »
December 19, 2017
Africa: Integrity in Development Projects
The African Development Bank Group (AfDB) on December 19, 2017, announced the conclusion of a settlement agreement with GERMS Consulting. Read more »
December 18, 2017
Africa: Economic Transformation of Africa's Rural Areas Key to Curtailing Migration
On the occasion of International Migrants Day, December 18, the African Development Bank calls on African countries to reconstruct rural areas from zones of economic misery to… Read more »
December 15, 2017
Ethiopia: African Development Bank Strengthens Ethiopia's Debt Management Capacity
The African Development Bank conducted the first of a series of capacity development sessions on debt management for Ethiopia from December 4-8, 2017 in Addis Ababa. Read more »
December 13, 2017
Africa: Africa Infrastructure Fund Secures U.S.$ 100 Million Loan From African Development Bank
In the bid to reduce the huge infrastructure financing gap in Sub-Sahara Africa, the African Development Bank has approved US $100 million to The Emerging Africa Infrastructure… Read more »
Africa: Improving Transportation in Namibia - African Development Bank Approves Zar 2,000 Million for Rail and Road Works
To help speed up travel and transportation in Namibia, the Board of the African Development Bank has approved a loan of ZAR 2,000 million (US$ 153 million) to the Government of… Read more »
Africa: Eur 500 Million 0.250 Percent 7-Year Social Bond Transaction - Due 21 November 2024
Final terms of the transaction Read more »
December 12, 2017
Africa: One Planet Summit - Joint Idfc-Mdb Statement - Together Major Development Finance Institutions Align Financial Flows With the Paris Agreement
The global development agenda is being transformed in fundamental ways. The Sustainable Development Goals (SDGs), agreed upon by the international community, constitute a universal… Read more »
December 11, 2017
Africa: African Economic Conference - Should Africa Be Inspired By China's Industrial Development?
Africa, which struggles to boost its industrial sector, has decided to seek inspiration from the Chinese model. Read more »
Africa: Politicians Must No Longer Manage Africa's Natural Resources Unilaterally, Say Experts
On Day 1 of the 12th African Economic Conference, which began on December 4, 2017 in Addis Ababa (Ethiopia), experts from Africa called for the inclusive management of the… Read more »
Africa: Women, Youth and SMEs to Benefit From African Development Bank's Us $100-Million Loan to Mauritius
Thousands of small and medium enterprises in Mauritius will benefit from a US $100-million loan to the country from the African Development Bank. Read more »
Africa: Fair Trade With Europe Should Depend On Quality African Exports
The EPAs are ongoing negotiations expected to create a free trade area between the European Union and African, Caribbean and Pacific Group of States (ACP). Read more »
Africa: Remittances Can Harness Africa's Development, Researchers Say
Rising sources of income for Africans are being realised through remittances, which have been observed as an important aspect that impacts lives as well as brings about economic… Read more »
Africa: Closing Remarks By Adam Elhiraika, Director of Macroeconomic Policy Division, United Nations Economic Commission for Africa
Excellencies, Read more »
