Development banks’ climate financing at all-time high in 2018
Climate projects won record financing from the world’s big development banks last year, with funds committed up 60% since the 2015 Paris climate accord to curb global warming emissions, a…
AfDB, partners, inaugurate ADFI to expand digital financial transactions in Africa
The African Development Bank, AfDB and its partners have inaugurated the Africa Digital Financial Inclusion (ADFI) Facility, designed to aid safety and expansion of digital financial transactions in Africa. The…
AfDB provides €100m PCG to target agricultural assets that will support multiple value chains in Africa
The Board of Directors of the African Development Bank, AfDB meeting in Abidjan approved a €100 million partial credit guarantee (PCG) to the structured finance company, African Agriculture Impact Investments…
Insurgency: FG’s 5-year North East recovery plan targets 14m people — Official
Nearly 14 million people affected by insurgency are to benefit from President Muhammadu Buhari’s five-year recovery plan for states in the North East zone of the country. Mr John Mamza,…
AfDB invests $258m in health, education, sanitation, water infrastructure in Nigeria’s N/East – Adesina
President AfDB, Akinwumi Adesina The African Development Bank (AfDB) has so far invested 258 million dollars towards the rehabilitation of damaged infrastructural facilities in the Northeast region of Nigeria. The…
AfDB Makes Strong Case For Increased U.S. Investment in Africa, Support For AFAWA
AfDB President, Akinwumi Adesina Sharing his vision on the leading role of the African Development Bank, AfDB, Adesina urged American businesses to engage more with the continent. Speaking at a…
We Must Democratise Technology, Create Jobs of The Future -Adesina
Akinwumi Adesina and Mo Ibrahim at the 2019 Mo Ibrahim Governance Week African Development Bank (AfDB) President, Akinwumi Adesina, has pleaded for Africans to embrace technology, and governments to urgently…
We Are Ready For Partnership To Support Our Ambition For Large-scale Infrastructure Development, Economic Diversification – Finance Minister
Minister of Finance Zainab Ahmed The Minister of Finance Zainab Ahmed, says the Federal Government is committed to partnership with the African Development Bank, AfDB, and other critical stakeholders that…
Nigeria to Benefit From AfDB’s $20m Equity Investment in Uhuru Growth Fund High Growth Middle-market Businesses in W/A
The African Development Bank has approved a US$20 million equity investment in Uhuru Growth Fund 1, a first-generation fund sponsored by Uhuru Partners Limited, a private equity firm, focused on…
AIF Partners Reaffirm Commitment to Close Africa’s Infrastructure Gap
Participants at the Forum The African Development Bank, heads of 34 leading financial institutions covering Africa and other partners of the Africa Investment Forum reaffirmed their commitment to “scale up,…