Africa Renewable Energy Fund II secures €125 million first close with SEFA and CTF investments
Other investors include the U.K’s CDC Group, Italy’s CDP, the Netherlands Development Finance Company (FMO) and SwedFundABIDJAN,…
Browsing Tag
African Development Bank
Africa is the world’s next business frontier, says AfDB’s Akinwumi Adesina
By Olufowokan Oludotun Oyejola
African Development Bank President Akinwumi A. Adesina has said that Africa remained fertile…
President Buhari Says Nigeria will Support Adesina for his Re-election as AFDB President
President Muhammadu Buhari has said that Nigeria will stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as…
AFDB President visits Bank-funded Morocco-Spain power interconnection project
Nestled on the steep slopes of the northernmost part of Morocco facing Spain, is the Melloussa interconnection station, which…
“African Development Bank’s lifeline lifted Nigeria out of recession” – President Buhari
Nigerian President lauds Bank for standing tall among multilateral development banks and international financial institutions.…
AfDB approves vital LDCF-financed climate change adaptation program in the Horn of Africa
The African Development Bank (AfDB) approved the program “Multinational (Somalia/Sudan) Rural Livelihoods Adaptation to Climate…
AFDB allocates US$985,000 to support utility-scale wind farm project in Mozambique
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved US $ 985,000 to Parque Eólico da…
The African Development Bank plays a key role in Mining Indaba
The African Development Bank is playing a key role in Mining Indaba, the world’s largest mining investment conference, which takes…
AFDB approves Africa Renewable Energy Initiative (AREI)
The Boards of Directors of the African Development Bank (AfDB) have endorsed the proposal by the Bank’s Management to serve as…
AfDB to Accelerate Energy Access through an Innovative Pay-As-You-Go Payment Models
On December 9, 2016, The New Deal on Energy Task Force hosted an Innovation Workshop to explore pioneering business models to…
AfDB approves USD 100 Million to Seed the Establishment of FEI
The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD…
AfDB approves USD 250 million loan and EUR 5 million grant for rebuilding, recovery and…
The Board of Directors of the African Development Bank Group (AfDB), has approved a financing package comprising USD 150 million…
Donors Pledges US $7.06 Billion to Support African Economies
A global coalition of donors pledged to support the structural transformation of African economies and the African Development…
African Leaders Demonstrate Commitment to Address Climate Change
African Heads of State and Government marked Africa Day in the Africa Pavilion at the UNFCCC 22nd Conference of Parties (COP22)…
AFDB President Calls for the Fulfillment of the Pledges made in Paris
African leaders called for speedy action for the implementation of the commitments made at the COP21 in Paris, and urged the…
France Provides €6-Million Grant to Support Africa Renewable Energy Initiative
The Government of France and the Africa Development Bank on November 6 signed a €6-million agreement for the implementation of…
AFDB President, Akinwumi Adesina makes First Official Visit to Finland
The President of the African Development Bank Group, Akinwumi Adesina, met with Finnish officials, in Helsinki, in the last leg of…
AfDB President Discusses Partnerships and Cooperation in Sweden
The African Development Bank Group President, Akinwumi Adesina, met with Swedish officials, in Stockholm, in the second leg of…
African Leaders Urged to Shift Policy in the Energy Sector
African governments have been called upon to consider shifting policy in the energy sector by investing in industrialisation and…
Japanese Investors and Partners Recognize Huge Potential of African Continent
The challenges facing Africa shouldn’t be recognized with pessimism, but must be seen as investment opportunities, says the Head…
AfDB Reaffirms Continues Support to Help African Countries Adopt and Mitigate Climate Change
The African Development Bank has reaffirmed its commitment to mobilize resources to help African countries adopt and mitigate…
African Legal Support Facility Unveils a New Resource Handbook
The African Legal Support Facility (ALSF) unveiled a new resource handbook titled Understanding Power Project Financing , on the…
AfDB Pushes Energy and Youth Job Creation Agenda at World Economic Forum 2016
The African Development Bank (AfDB) is participating in the World Economic Forum (WEF) on Africa taking place from May 11-13, 2016…
High Level Delegates Gather in Zambia to Launch the Sustainable Energy for All (SE4All) Country
Government officials, representatives of international organizations, private sector and civil society, gathered from May 4-6,…
Can Africa be the Next Clean Energy Powerhouse?
Can Africa be the next clean energy powerhouse? That was the question posed by the second plenary panel at the Africa CEO Forum -…
AfDB Approves Over US $36 Million Support Package for Djibouti
The African Development Bank Group will help Djibouti to diversify its economy, improve governance and create employment for the…
GE, AfDB Held Talks on Partnership Opportunities in the Region
The Global Chairman and CEO of General Electric (GE), Jeff Immelt, and the GE leadership team held a working session with senior…
African Development Bank Provides EUR 9.7 Million to Launch ANCEE
Stefan Nalletamby, African Development Bank Acting Vice-President, Operations, in charge of Infrastructure, Private Sector and…
AfDB, GEF Approves $35 Million to Improve Climate Resilience in Africa
The Global Environmental Facility (GEF) approved USD 35 million in funding to improve climate resilience to be channeled through…
ICF Releases African Investment Climate Report in Abidjan
The Investment Climate Facility (ICF) in partnership with the African Development Bank (AfDB) released its 2014 African Investment…