Most Recent News

AfDB, Big Win Philanthropy, Dangote Foundation launch plan to improve child nutrition across Africa

Working with Big Win Philanthropy and Aliko Dangote Foundation, the African Development Bank has unveiled a new Multi-Sectoral Nutrition Action Plan that aims at raising investments towards reducing stunting by.

  • 0

AfDB Approves U.S.$40 Million for Africa Infrastructure Investment Fund

The Board of Directors of the African Development Bank (AfDB) has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African infrastructure fund.

  • 0

AfDB and European Bank for Reconstruction and Development invest €150 million in Tunisia

The president of the African Development Bank (AfDB) Akinwumi Adesina, and the president of the European Bank for Reconstruction and Development Suma Chakrabarti met during the Africa Investment Forum (AIF).

  • 0

AfDB approves $50 million partnership with Natixis to expand trade in Africa

The Board of Directors of the African Development Bank Group has approved a $ 50 million Risk Participation Agreement (RPA) for Natixis. This risk-sharing program (50/50), able to cover a.

  • 0

Green Climate Fund Board approves three AfDB Green Climate Projects totaling $ 110 million

The Board of the Green Climate Fund (GCF) has approved funding for three proposals from the African Development Bank totalling over $110 million. The approvals were granted at the GCF’s.

  • 0

AfDB launches $500m credit insurance deal with ATI, UK reinsurers

The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) have announced the successful completion of a US$500 million credit insurance deal structured to cover a portion of the.

  • 0

AfDB invests $10m into the Chapel Hill Denham Nigeria Infrastructure Debt Fund

The Board of Directors of the African Development Bank Group has approved a Naira investment equivalent to US$ 10 million in Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF). This.

  • 0

AfDB invests $50million in Nigerian SMEs and women owned enterprises

The African Development Bank has approved a $50 million line of credit to Nigeria’s Fidelity Bank Plc to support small and medium sized, and women-owned enterprises in selected transformative sectors,.

  • 0

Rwanda, AfDB sign €229m loan agreement to finance electricity projects

The Government of Rwanda has signed a €229.20 million funding agreement with the African Development Bank to support the country’s program to improve electricity supply and expand access to electricity.

  • 0

AfDB calls for bridging of Africa’s capital, bankable projects

The Africa Development Bank (AfDB) says there is the need to bridge the gap between Africa’s available capital and bankable projects since it requires between 600 and billion dollars annually.

  • 0