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Tag: AfDB
WB, AfDB partner to connect 300 million in Africa to electricity by 2030
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa ... Read More
AfDB allocates $4.5 mln to improve governance in 14 African municipalities
The African Development Bank said it has allocated $4.5 million to back projects in 14 African municipalities. In a statement, the bank said that 500,000 ... Read More
AfDB lends Morocco €100 Mln for infrastructure projects in rural zones
The African Development Bank has lent €100 Million to Morocco’s Communal Equipment Fund to support sustainable infrastructure projects aimed at reducing territorial and social disparities ... Read More
AfDB warns of linking African loan payment to critical resources
Head of the African Development Bank called for an end to loans in exchange for oil or critical minerals, which helped countries like China control ... Read More
Africa imports 70-80% of its drugs, losing $2.6tn yearly due to ill-health — AfDB chief
Africa imports between 70 and 80% of its medicines, according to Akinwumi Adesina, the President of the African Development Bank (AfDB), who also warned that ... Read More
AfDB committed to actively contribute to financing development projects in Morocco
The African Development Bank Group (AfDB) is committed to actively contribute to financing development projects in Morocco, in line with the kingdom’s social and economic ... Read More
AfDB Lends OCP Group $188 Mln for Green Projects
The African Development Bank has provided Morocco’s OCP Group three loans totaling 188 Million U.S. dollars for green projects planned by the world's leading producer ... Read More
AfDB to hold Annual Meetings in Nairobi May 27-31
The African Development Bank, AfDB, will hold its 59th annual meetings this year in Nairobi from May 27 to 31, the Abidjan-based lender has announced. ... Read More
AfDB commits $303m for Mauritania-Mali electricity interconnection project
The African Development Bank (AfDB), through its African Development Fund (ADF), has approved a $303 million loan for the building of a 1,500 km-long power ... Read More
Benin gets €39m loan from AfDB to boost private sector’s contribution to economic development
The Board of Directors of the African Development Fund, the African Development Bank Group’s concessional window, approved a €38.84 million loan to Benin to help ... Read More