African Development Bank approves $1.5 billion emergency food facility
23/05/2022The African Development Bank, AfDB, has approved a $1.5 billion emergency food production facility for about 20 million farmers in Africa. The.
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Egypt, Kuwait Sign $2.5 Million Railway to Sudan Deal
14/04/2022Egypt and Kuwait have agreed to collaborate on the construction of a train connecting Egypt and Sudan. The $2.5 million deal was.
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Rwanda Secures €115m African Development Bank Loan
19/12/2018The African Development Bank’s Board has approved additional funding support of €115 million to Rwanda’s Sustainable Water Supply and Sanitation Program, enabling.
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Business & Economy
African Development Bank funds $410m power transmission expansion projects
16/12/2018The African Development Bank is funding four critical electricity transmission lines under the Nigeria Transmission Expansion Programme with a total sum of.
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African Development Bank to raise $7.24bn from capital markets next year
15/12/2018The Board of African Development Bank has approved the institution’s 2019 borrowing programme to the tune of $7.24 billion to be raised.
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African Development Bank delivers strong development results in Egypt
12/12/2018The African Development Bank (AfDB) has published the ‘Country Results Brief’ on Egypt. The report, which looks at Egypt’s economic situation, puts.
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Cameroon receives €150 million from AfDB to support competitiveness and growth
07/12/2018As a continuation of the first phase of the Program to Support Competitiveness and Economic Growth in Cameroon (PACCE I), the Board.
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AfDB approves a ZAR3b loan to bolster renewable energy in South Africa
03/12/2018The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW.
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Senegal receives 51 million euros from the AfDB to finance a power plant
30/11/2018The Board of Directors at the African Development Bank (AfDB) have agreed to a first rank loan of 51.26 million euros to.
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AfDB approves €17.96 million Ring-Road project to improve socio-economic growth in Cameroon
29/11/2018The African Development Bank (AfDB) has approved a € 17.96 million loan to the Republic of Cameroon to finance the construction of.
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