This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Tag: African Development Bank
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
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
Joint Zambia-Zimbabwe $5bn dam project near Victoria Falls approved by UN agency
A UN agency has given Zambia and Zimbabwe permission to build a $5 billion hydropower dam downstream from Victoria Falls, a UNESCO World Heritage Site, ... Read More
Burkina Faso inks deal with Russia to build nuclear power plant to solve energy deficit
The Burkina Faso military government has signed an agreement with the Russian government for the construction of a nuclear power plant in the West African ... 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
COMESA report highlights key achievements and main challenges to regional integration
COMESA, or the Common Market for Eastern and Southern Africa, has recorded a significant increase in trade both globally and within the region above the ... Read More
AfDB forecasts 2.3 growth rate for Tunisia over 2023-2024 period
Tunisia will witness a 2.3 per cent economic growth rate in 2023 and 2024, the African Development Bank (AfDB) announced Wednesday, as it presented its ... Read More