November 30, 2018
South Africa: African Development Bank Approves a Zar 3 Billion Loan to Bolster Renewable Energy in South Africa
The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to… Read more »
Africa: African Development Bank Issues First Ever Sofr-Linked Transaction in Green Bond Market
On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody's/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million 3-year and US$… Read more »
Cote d'Ivoire: African Development Bank Staff Council and Lion Club Clean Up Flood-Hit Ivorian Community
The plight of the Nemattoulaye-Attecoube area in Abidjan was highlighted by African Development Bank staff who, in collaboration with the Lion's Club Abidjan Strelitzia, joined… Read more »
Africa: Interview With Seyni Nafo, African Ambassador to Cop24
"To combat climate change, African countries need to develop their own resource-mobilization strategies" Read more »
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 29, 2018
Africa: Cop24 - Progress On Article 6 of the Paris Agreement
The Paris Climate Agreement in 2015 was by far the most ambitious effort yet made to strengthen the global response to the increasingly urgent challenges of climate change, with… Read more »
Africa: African Development Bank Approves $100 Million Facility to Enhance Trade Financing Across Africa
The Board of Directors of the African Development Bank Group (the Bank), on Thursday, 29 November, 2018, approved a second unfunded $100-million Risk Participation Agreement (RPA… Read more »
Africa: African Development Bank Approves U.S. $50 Million Equity Investment in Africa Finance Corporation to Support Infrastructure Projects in Africa
The African Development Bank has approved an equity investment of US$50 million in Africa Finance Corporation (AFC) - a pan-African development finance institution established in… Read more »
Africa: African Development Bank Loan to Extend Safe Water Supply and Sanitation to Manzini Region in Eswatini
The Board of Directors has approved a ZAR 720 million loan to finance the Manzini Region Water Supply and Sanitation Project in eSwatini (former Swaziland). The project aims to… Read more »
Africa: PIDA Week 2018 - Experts weigh Africa's infrastructure needs against rapid urbanization and growing population
Despite challenges, "PIDA is already moving the development needle," African Development Bank expert says. Read more »
Africa: African Development Bank's Staff Council and Lion's Club Join Forces to Clean-Up Attecoube, Ivorian Community Hit By Flood
As part of activities marking the 2018 Corporate Social Responsibility (CSR) Day, the Staff Council (SCO) of the African Development Bank will, on November 29, 2018 launch a vast… Read more »
November 28, 2018
Mauritania: On Track to Beating Drinking Water Shortages
Thanks to joint efforts by development partners including the African Development Bank, which invested US$45.7 million between 2003 and 2014 in water supply and sanitation… Read more »
Africa: 2018 African Economic Conference in Kigali - Together for a Common Purpose to Achieve an Outcome
If you have visited Rwanda, no doubt you would have heard of Umuganda, a vast clean-up operation that takes place every last Saturday of the month. The transformative civic… Read more »
Cameroon: African Development Bank Approves €17.96 Million Ring-Road Project to Improve Socio-Economic Growth in the North-West Province
The African Development Bank has approved a €17.96 million loan to the Republic of Cameroon to finance the construction of a Ring-Road Project in the North-West Province of… Read more »
Africa: African Countries Are Becoming More Open to Each Other, 2018 Africa Visa Openness Report Shows
The year 2018 is a landmark chapter in Africa's regional integration efforts. The launch of the African Continental Free Trade Area and the Single African Air Transport Market are… Read more »
November 27, 2018
Africa: African Development Bank Supports Entrepreneurship in Transition States Through Equity Investment in Trade and Development Bank
The Board of Directors of the African Development Bank has approved an additional equity investment of US$ 25 million in Trade and Development Bank (TDB) to enhance the latter's… Read more »
Africa: African Development Bank Partners With Entreprenarium Foundation to Train 1,000 Women Entrepreneurs in Africa
As part of its Affirmative Finance Action for Women in Africa (AFAWA) program, the African Development Bank is partnering with Entreprenarium Foundation to train 1,000 women… Read more »
Africa: The 2018 Programme for Infrastructure Development in Africa Week Opens
Smart infrastructure investments underpinned by solid governance mechanisms and strategic partnerships, will be crucial to accelerating Africa's regional connectivity and… Read more »
Africa: Alsf Management Board Adopts 2019 Work Plan and Budget
The Management Board of the African Legal Support Facility (ALSF) met on 26h November 2018 in Abidjan, Côte d'Ivoire, to discuss the 2017 ALSF Effectiveness Review and assess… Read more »
November 26, 2018
Africa: The Challenge for a Fair Deal in Climate Financing
Climate financing by the African Development Bank and the world's other largest multilateral development banks rose by a record 28% to US$35.2 billion in 2017 from the previous… Read more »
Mozambique: Mozambique Making Considerable Economic and Social Progress, Says African Development Bank Country Report
Mozambique has made significant strides despite an economic slump over the past two years, according to the latest African Development Bank Country Result Brief. Read more »
Africa: Engaging Private Sector in Financing Local Climate Adaptation
"I nearly lost everything this year, when my rice farm almost collapsed during an unprecedented drought." Mrs. Sacca has been farming rice for the past seven years on her two… Read more »
Africa: African Development Bank to Showcase Projects At the 2018 Programme for Infrastructure Development in Africa (PIDA) Week in Zimbabwe
The 2018 Programme for Infrastructure Development in Africa (PIDA) Week) will take place in Victoria Falls, Zimbabwe from 26 to 29 November 2018, on the theme: "PIDA Implementation… Read more »
November 22, 2018
Africa: Akinwumi Adesina, Spearheading Good Governance By Leading Agricultural Innovation and Economic Growth of Africa
As an agricultural economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at… Read more »
Burundi: African Development Fund Approves U.S.$322 Million for Road Upgrading Project in Burundi and Tanzania
The Boards of Directors of the African Development Bank Group have approved US$322.35 million loans and grant to Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and… Read more »