Thursday, October 30, 2025 - 15:36:51
Columbus, United States | 8°C | Moderate rain
Columbus, United States | 8°C | Moderate rainLatest
The MOU will promote among other things, co-financing, co-guaranteeing and other forms of joint participation in financial assistance for development projects primarily in sustainable infrastructure The African Development Bank (www.AfDB.org) and the Asian Infrastructure Investment Bank (AIIB) have signed an agreement strengthening their collaboration on sustainable economic development, designed to boost infrastructure development and economic […]
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The African Development Bank’s support is helping to forge a stronger reputation for the ISGE, which can now welcome students from several African countries Twenty-four-year-old Josias Idani is looking forward to his career with confidence. Following his studies, which led to a design engineer diploma in June 2023, he now nurtures his goal of expanding […]
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Financial close has been reached for the USD 117 million financing to Globeleq by the African Development Bank (AfDB) as mandated lead arranger (MLA), the Eastern and Southern African Trade & Development Bank (TDB), and Finnfund, for the 35MW Menengai geothermal plant in Nakuru, Kenya. This greenfield geothermal project broke ground earlier this year, and is part of the first […]
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The facility, which would finance approximately $175 million of trade over a three-and-a-half-year period, marks the African Development Bank’s fourth private sector intervention in Zimbabwe The Board of Directors of the African Development Bank Group (www.AfDB.org/en) has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, […]
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For Strategic Environmental, Social And Governance (ESG) Projects The partial credit guarantee will enable Côte d’Ivoire to raise long-term financing from commercial banks, in line with its ESG Framework The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €400 million partial credit guarantee for Côte d’Ivoire, to support the mobilization […]
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The “Informal Settlement Renewable Electrification and Upgrading Program” will directly benefit around 200,000 people in Windhoek, where around 20% of the population does not have electricity The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.info/43CHYIN) has approved a grant of $485,000 for a solar electricity project in Namibia that will power some […]
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The Africa Women Innovation and Entrepreneurship Forum (AWIEF) and the Affirmative Finance Action for Women in Africa (AFAWA) initiative of the African Development Bank Group (AfDB) have joined forces to drive increased access to finance and markets for women-owned and women-led small and medium enterprises (WSMEs) across Southern, East and West Africa. The new AfDB […]
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Participants Affirm At African Development Bank (AfDB) Webinar For Asian Audiences The webinar noted that the policy recommendations of the African Economic Outlook Supplement could be regarded as important opportunities for investments ABIDJAN, Ivory Coast, September 14, 2020/ — Participants at a webinar to present the African Development Bank’s (www.AfDB.org) African Economic Outlook Supplement (https://bit.ly/33pjJjy) to Asian […]
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The African Development Bank has responded swiftly to the needs of its member countries during the ongoing COVID-19 pandemic. The Bank’s operations have continued to run smoothly since the first cases appeared in early March, despite the wide range of lockdowns and measures imposed by governments to flatten the curve. The COVID-19 pandemic is forecast […]
...The Bureau reiterates that it agrees that the Ethics Committee of the Boards of Directors performed its role on this matter in accordance with the applicable rule under Resolution B/BG/2008/11 of the Board of Governors. The Bureau also reiterates that the Chairperson of the Bureau of the Board of Governors performed her role in accepting […]
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