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Tag: AfDB
World Bank resumes cooperation with Gabon after military coup
The World Bank has resumed cooperation with Gabon several months after freezing all financing projects in the central African country in a reaction to the ... Read More
AfDB, Lome-based BOAD ink €70m deal to support the private sector in 8 West African countries
The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of ... Read More
AfDB loans Côte d’Ivoire €165m to finance key programs of country’s National Development Plan 2021-2025
The African Development Bank (AfDB) announced Monday the approval by its board of directors of two loans valued at €165 million earmarked for the implementation ... Read More
AfDB loans Seychelles $33m as strengthened response to climate change, transition to clean energy
The board of directors of the African Development Bank (AfDB) has approved a loan worth $33 million to Seychelles destined to strengthen the country’s response ... Read More
Mohammed VI Investment Fund, AfDB pool efforts to promote investment financing in Morocco
The Mohammed VI Investment Fund (FM6I) and the African Development Bank (AfDB) signed a Letter of Intent, aimed at increasing funding sources for productive investment ... Read More
AfDB calls for more investment in agriculture to tackle Africa’s ‘great paradox of development’
Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ) to mobilize at least $2 billion in financing and ... Read More
AfDB to provide $350m to Egypt before end of 2023
Abdourahmane Diaw, the African Development Bank (AfDB) country manager for Egypt, has revealed the Abidjan-based lender will provide the North African country with $350 million ... Read More
Global Gateway: EU inks strategic partnerships on ‘Lobito Corridor’ in bid to counter China
The two-day Global Gateway Forum that wrapped up in Brussels on Thursday (26 October 2023) saw the European Union sign three strategic partnerships with its ... Read More
Morocco gets €270 Mln funding from AfDB for expanding healthcare, creating jobs & supporting quake victims
The African Development Bank (AfDB) is supporting Morocco’s efforts to enhance inclusive access to healthcare, improve employability of vulnerable people through training, and provide urgent ... Read More
Abidjan to host AfDB’s 5th Africa Resilience Forum on October 3-5
Côte d’Ivoire’s economic hub Abidjan will host on October 3-5, the African Development Bank Group’s fifth Africa Resilience Forum, a summit to explore innovative solutions ... Read More