Most Recent News

AfDB approves €17.96 million Ring-Road project to improve socio-economic growth in Cameroon

The African Development Bank (AfDB) 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.

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Gabon receives € 100 million from AfDB to consolidate economic reforms

In 2016 and 2017, the African Development Bank granted two budget support to Gabon, to support the country’s reforms aimed at restoring macroeconomic stability following the collapse of oil prices.

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AfDB partners with Entreprenarium to build capacity of 1,000 women entrepreneurs in Africa

The African Development Bank, as part of its African Women’s Access to Finance Initiative (AFAWA), is partnering with Entrepreneur to build the capacity of 1,000 women entrepreneurs on the continent..

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AfDB Approves €235 Million Loan for Completion of Thwake Dam

The African Development Bank has approved two loans worth €235 million (Sh27.4 billion) for the completion of construction work on Thwake dam on Thwake River in southern Kenya. The dam.

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AfDB approves $123 million grant for Ethiopia’s Basic Services Transformation Programme

The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, has approved additional resources to Ethiopia’s Basic Services Transformation Programme in.

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AfDB approves $40m equity investment in Africa Infrastructure Investment Fund

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

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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.

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African Development Bank, International Financial Institutions launch co-guarantee platform

The African Development Bank alongside Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), African Trade Insurance Agency (ATI) and GuarantCo, on Wednesday entered into a Memorandum of.

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Tunisia: 76 mln euro from African Development Bank

The board of the African Development Bank (AfDB) has approved a loan worth 75 million euros and a donation of one million euros for Tunisia to fund the first phase.

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Egypt receives final $500 million tranche of African Development Bank loan

Egypt has received the third and last $500 million tranche of a $1.5 billion African Development Bank loan which will support the government’s development programmes, the investment ministry said on.

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