AfDB approves financial package for Ethiopia-Djibouti road corridor
The African Development Bank (AfDB) has approved a financial package worth over $100 million for the construction of a road transport corridor between Ethiopia and […]
AfDB
AfDB okays $8 million loans to Kenyan SMEs
In Kenya, local financial institution, Credit Bank, has received about $8 million from the African development bank (AfDB) to support lending to small and medium-sized […]
Afdb approves €12.5 million investment in Adiwale Fund 1 targeting Francophone West Africa
The Board of the African Development Bank has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high […]
AfDB, World Bank commit more funds for renewable energies in Africa
The African Development Bank (AfDB) will soon launch ‘Green Baseload’ Facility to provide concessional finance to support reliable and affordable renewable energy, the bank’s president […]
Cameroon receives €150 million from AfDB to support competitiveness, growth
As a continuation of the first phase of the Program to Support Competitiveness and Economic Growth in Cameroon (PACCE I), the Board of Directors of […]
Kenya gets new €235 million loans to complete Thwake dam
The African Development Bank (AfDB) has approved two loans worth €235.763 million for the completion of a dam on Thwake River in southern Kenya. […]
AfDB approves $15 million Equity Investment to boost SME growth in West Africa
The Board of Directors of the African Development Bank has approved a $15 million equity investment in Verod Capital Growth Fund III, a private equity […]
Namibia gets $218 million loan from AfDB
Namibia secured a $218 million loan from the African Development Bank, the second tranche of a quarter billion dollar facility from the Bank. The loan […]
AfDB Convenes Africa Energy Market Place
The inaugural edition of the Africa Energy Market Place (AEMP) was held July 6-7 with the participation of more than 300 public, private and civil […]
African Development Bank debars CHINT Electric for 36 months for fraudulent practices
The African Development Bank Group (AfDB) announced on Monday the conclusion of a settlement agreement with CHINT Electric Co., Ltd., a power transmission and distribution […]