Africa: CIF Approves Project to Expand Geothermal Energy in Kenya (AfDB)

A project to develop a geothermal steam field at Menengai, Kenya got the go-ahead on 17 November 2011 from the governing body of the Scaling Up of Renewable Energy Program in Low… Read more »

Africa: Mali Gains CIF Backing to Scale Up Renewable Energy (AfDB)

Mali's USD 40 million investment plan to scale up renewable energy was approved in principle by the Climate Investment Fund (CIF) governing bodies during their annual meetings from… Read more »

Africa: AfDB Invests $20 Million to Support the Development in Uganda

The Board of Directors of the African Development Bank (AfDB) has approved on 23 November a U.S.$ 20 million line of credit over 10 years to Housing Finance Bank Limited (HFB)… Read more »

Africa: AfDB Eases Funding for Small to Mid-Sized Firms in Mauritania

The African Development Bank (AfDB) and finance company, Mauritania Leasing, signed an agreement on 15 November in Dakar for a grant of USD 365,000 provided by the Fund for African… Read more »

Africa: AfDB Lends Ear to Young Tunisians On Solving Youth Unemployment Problem

On 12 November 2011, the African Development Bank's (AfDB)'s Human Development Department organized a meeting with members of the Association of African Students and Trainees in… Read more »

Africa: AfDB Signs U.S. $12 Million Line of Credit With Bank of Kigali

The African Development Bank (AfDB) and the Bank of Kigali today signed a USD 12 million line of credit and a USD 500,000 grant agreement for technical assistance from the Fund for… Read more »

Africa: More and More Africans Are Growing Old but Face Uncertain Future, Reports AfDB

Africa's population is ageing, just like in the rest of the world, but the continent's governments are badly equipped to handle the growing number of older people. Read more »

Africa: AfDB to Showcase Its Green Record At UN Climate Change Conference

The African Development Bank will showcase its strong record in supporting climate-friendly projects at the United Nations Climate Change Conference in Durban, South Africa, taking… Read more »

Africa: AfDB Moving From Bilateral Funds Towards a Higher Multi-Donor Trust Fund Profile

The African Development Bank (AfDB) has made substantial progress under its Trust Fund Reform policy in moving away from tied bilateral funds to multi-donor Trust Funds most of… Read more »

Africa: Media Freedom Linked to Wealth Creation and Prosperity, Says AfDB Chief

Freedom of the press and the media in Africa is essential for the economic future of Africa. Read more »

Africa: AfDB Has Gained Extensive Experience Dealing With Development Challenges in Fragile States

In the context of an enhanced Bank engagement in Fragile States, Management initiated a discussion with the Board of Directors last week to shed light on effective strategic… Read more »

Africa: Tunis Hosts 7th CoDA Board Meeting

Le Conseil d'administration de la Coalition pour le dialogue sur l'Afrique (CoDA), une initiative soutenue par la Banque africaine de développement, l'Union africaine et la… Read more »

Africa: AfDB Group Supports Togo Reform Programme

The ongoing reform and governance programme initiated by Togo received a boost from the African Development Bank (AfDB) Group recently, following the approval of a USD 32.2-million… Read more »

Africa: AfDB Rural Infrastructure Project to Enhance Poverty Reduction in DR Congo

Agriculture has been identified as a priority sector for economic growth and poverty reduction in the Democratic Republic of Congo. To this effect, a grant for a Rural… Read more »

Africa: AfDB Approves Funding for Upgrading Vital Road Corridor in Ethiopia

The upgrading of a 112-km road to an all-weather standard approved by the African Development Bank Group will boost economic activities and promote poverty reduction in Ethiopia.… Read more »

Africa: AfDB Approves Strategy to Promote Africa's Regional Integration and Trade

Enhanced linkage of regional markets, support to regional research and training centers, capacity building, as well as regional transport infrastructure are among key provisions of… Read more »

Cameroon: Lom-Pangar Project to Electrify 150 Localities (AfDB)

The Board of Directors of the African Development Bank (AfDB) Group today approved a USD 71.1- million loan from African Development Fund's resources to finance the Lom-Pangar… Read more »

Africa: African Media Leaders Meet in Tunis

The African Media Leaders' Forum is holding its annual meeting from 10 to 11 November in Tunis, with the usual support of the African Development Banks. The opening session was… Read more »

Africa: The Government of Rwanda to Share Its Experience On Post-Conflict Peace-Building (AfDB)

Several Heads of State and Government will participate in a High-Level event on Post-Conflict Peace-building: the Experience of Rwanda, to be held in Kigali on the 8th and 9th of… Read more »

Africa: AfDB Lends Voice to Human Development Discourse

The African Development Bank (AfDB) lent a strong voice to the international dialogue on health and development at the recent launch of the Rotterdam Global Health Initiative. The… Read more »

Africa: G20 Panel Recommends Sokoni Technology Platform (AfDB)

G20 leaders today welcomed the recommendations of the High-Level Panel for Infrastructure Development, endorsing the development of the Sokoni Africa Infrastructure Marketplace. Read more »

Africa: G20 Panel Recommends Sokoni Technology Platform for Infrastructure (AfDB)

G20 leaders today welcomed the recommendations of the High-Level Panel for Infrastructure Development, endorsing the development of the Sokoni Africa Infrastructure Marketplace. Read more »

Africa: AfDB At the G20 - Cannes Summit

G20 Panel recommends Sokoni technology platform for infrastructure development in Africa Read more »

Africa: Improving Business Environment Key to Attracting FDI (AfDB)

African countries should continue focusing on improving business climate to attract Foreign Direct Investment (FDI), according to views expressed by experts at the Sixth African… Read more »

Africa: AfDB Urges Increased Concessional Financing At High-Level Climate Conferences

"The multi-billion dollar financing gap in Africa's energy sector, coupled with the continent's abundant untapped natural resources, creates an opportunity to attract private… Read more »