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AfDB

With 33 million dollars, AfBD finances high-voltage connection in Mozambique

December 6, 2023 Geraldine Boechat 0

The African Development Bank will finance the construction of a 118-kilometer high-voltage electricity transmission line with 33.25 million dollars through a grant, reinforcing the supply […]

Angola plans to invest 16.3 billion euros to electrify half the country by 2027

October 27, 2023 Geraldine Boechat 0

Angola plans to reach an installed capacity of 8,000 megawatts and an electrification rate of 50% by 2027, which will require an investment of 17.2 […]

AfDB approves 20 million dollars for business environment and smart agriculture in Mozambique

September 20, 2023 Khalid Al Mouahidi 0

The African Development Fund, an entity of the African Development Bank (AfDB), has approved funding of 20 million dollars to improve the business environment and […]

AfDB announces $1 Billion to Boost Access to Climate Finance

September 11, 2023 Pawla Nibramich 0

African Development Bank President Akinwumi Adesina has announced a new $1 billion facility to accelerate climate financing for Africa’s youth businesses. The additional financing will […]

AfDB provides €10 million to Cape Verde to support school canteens programme

July 14, 2023 Steven Addamah 0

The African Development Bank (AfDB) has approved €10 million aid to Cape Verde  to support the country’s school canteen program and food security, the Cape […]

AfDB, Dutch ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa

April 24, 2023 Khalid Al Mouahidi 0

The African Development Bank and ILX Management B.V. (ILX) signed Sunday a partnership agreement to scale up investments and spur institutional investor capital mobilization for […]

Achieving Zero Hunger in Africa is within reach, say global Agriculture leaders

December 11, 2022 Khalid Al Mouahidi 0

Eradicating hunger in Africa by 2030 is possible, said global agriculture leaders in Rome, ahead of the African Food Summit (Dakar 2), to be hosted […]

AfDB’s Development Fund mobilizes record $8.9bn for Africa’s low-income countries

December 10, 2022 Khalid Al Mouahidi 0

The African Development Fund (ADF) has raised $8.9bn, its highest replenishment in its 50-year history, from international donors to lend and grant funds to low-income […]

Morocco/AfDB: 16th ADF Replenishment Meeting Kicks Off in Tangier

December 5, 2022 Khalid Al Mouahidi 0

The fourth and final meeting of the sixteenth replenishment of the African Development Fund (ADF-16), the concessional funding window of the African Development Bank (AfDB) […]

Africa50 Holds its 2022 General Shareholders Meeting in Marrakech

July 19, 2022 Khalid Al Mouahidi 0

Africa50, the pan-African infrastructure investment platform, operating under the umbrella of the African Development Bank (AfDB), is holding its 2022 General Shareholders Meeting in Marrakech […]

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News

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Recent Posts
  • South Africa Says It Will Not Rally Nations to Boycott 2026 G20 Summit in Miami
  • AfDB Approves Additional Debt Relief to Bolster Somalia’s Economic Recovery
  • US Brokered “Washington Accord” Sees DRC and Rwanda Commit to Ceasefire and Mineral Access
  • Malawi Approves Twice-Yearly Injectable HIV Drug in Major Step Toward Reducing New Infections
  • IMF Launches Internal Probe into Senegal’s “Hidden Debt” Case to Strengthen Data Integrity Controls
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