December 03, 2018
Southern Africa: Trade Finance - U.S.$20 Million Facility for Meridian's Soft Commodity Value-Chain Operations in Southern Africa
The African Development Bank (through its Trade Finance operations) has signed a US$20 million facility to finance Meridian's operations in Malawi, Mozambique and Zimbabwe. Read more »
Africa: African Development Bank Joins 'Moving for Climate Now' Initiative At Cop24
UN Framework Convention on Climate Change Deputy Executive Secretary, Ovais Sarmad, welcomes the cyclists from Moving for Climate NOW initiative. C.Arthur Wyns Read more »
Nigeria: The African Development Bank and Africa Growing Together Fund to Provide U.S.$ 200 Million in Joint Financing to Support the Nigeria Electrification Project
The Board of Directors of the African Development Bank Group has approved a US$150 million sovereign loan to the Federal Government of Nigeria to finance the Nigeria… Read more »
Africa: Importance of Regional and Continental Integration for Africa's Development
Africa's integration is no longer a matter of choice. Against an international backdrop of changing political and economic priorities, Africa must plot a new course for its… Read more »
Africa: Africa Economic Conference 2018 Focusses On Africa Visa Openness and Integration
For millions of ordinary travellers, inter-African travel is still too often a nightmare. Be it border hassles, lack of road or air routes linking key cities, or the frustrations… Read more »
December 02, 2018
Africa: Cop24 - The African Development Bank Out in Force to Defend the Continent's Interests and Vision in the Fight Against Climate Change
The 24th annual conference of the United Nations Convention on Climate Change, known as COP24, opens on Monday, 3 December 2018, in Katowice, Poland. Read more »
November 30, 2018
South Africa: African Development Bank Approves a Zar 3 Billion Loan to Bolster Renewable Energy in South Africa
The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to… Read more »
Africa: African Development Bank Issues First Ever Sofr-Linked Transaction in Green Bond Market
On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody's/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 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 »
