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Tag: AfDB
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
AfDB launches $1bn fund to boost access to climate finance for Africa’s youth
Almost $1 billion will be disbursed by the African Development Bank (AfDB) to young entrepreneurs to help tackle climate change on the continent, AfDB President ... Read More
North Africa’s economies to expand by 4.6% in 2023, green growth a priority — AfDB
North African countries are projected to see a slight increase in economic growth to 4.6% in 2023 and 4.4% in 2024, and should make green ... Read More
AfDB approves $70 Million risk-sharing agreement with Morocco’s BCP to develop foreign trade
The African Development Bank (AfDB) has approved a $70 million risk-sharing agreement with Morocco's Banque Centrale Populaire (BCP) to develop foreign trade. This agreement is ... Read More
AfDB enters new $1 billion exposure exchange with the Asian Development Bank
The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank that aims to strengthen ... Read More
AfDB loans Tunisia $87.1m to finance project in cereal sector
The African Development Bank (AfDB) and Tunisia inked a deal Wednesday for a $87.1-million credit facility for the financing of a project to support the ... Read More
Benin gets €80 million-loan from AfDB to upgrade Cotonou Port
Benin has secured an 80 million euros loan facility from the African Development Bank (AfDB) to improve and expand Cotonou harbor, one of the main ... Read More
AfDB allocates Côte d’Ivoire €400 million in partial credit guarantee for international funds mobilization
The African Development Bank, AfDB, rubber-stamped Tuesday a €400 million partial credit guarantee for Côte d'Ivoire, to support the mobilization on international financial markets for ... Read More
AfDB warns of 25 African countries facing debt risks, as IMF approves loans to Zambia, Senegal
The rise in cost of debt servicing has led to 25 countries in Africa being at risk of either high debt distress or in-debt distress, ... Read More
AfDB invests $11m in Luxemburg-based BluePeak Private Capital Fund for SME in Africa
The African Development Bank, AfDB, has made equity investment worth $11 million in Luxemburg-based BluePeak Private Capital Fund to support mid-size firms, including in the ... Read More