Despite global efforts to end investments in fossil fuels, gas remains critical for African economies, African Development Bank President Akinwumi Adesina said on Thursday. Adesina, a…
Browsing: AfDB
Dr Souley Amadou has been named General Counsel and Director of the Legal Service Department at the African Development Bank (AfDB). According to a bank statement,…
The Board of Directors of the African Development Bank Group (AfDB) has approved a $137 million loan to support Botswana’s economic recovery from the Covid-19 pandemic.…
The African Development Bank Group (AfDB) has debarred Sagittarius Nigeria Limited for 18 months over fraudulent practices. The AfDB, in a statement on Tuesday, August 17,…
The World Bank (WB) and African Development Bank (AfDB) have provided $550 million in funding to the Rural Electrification Agency (REA) in support of the implementation…
The African Development Bank (AfDB) Group has approved a loan of $4.25m to Lesotho to broaden the country’s tax base and boost government revenue. The fund…
The Sustainable Energy Fund for Africa (SEFA) has approved seven high-impact projects worth $54m in 2020 and secured $90m in new funding. According to SEFA’s recently…
The IFC and the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) have announced a new partnership to boost the professional capacities, incomes,…
The African Development Bank has inked a grant financing agreement with Ethiopia in its efforts to end the stunting and malnourishment of children in the country.…
According to the report, the supply of trade finance was affected between the first quarter of 2020 due to the COVID-19 pandemic and the inherent tightening of financial conditions and the heightening balance of payment pressures and liquidity constraints.