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Tag: AfDB
USAID, AfDB partner to promote social, economic development in Sahel
The US Agency for International Development aid (USAID) and the African Development Bank (AFDB) signed a $600 million deal to promote social and economic development ... Read More
AfDB Grants €70 million financing facility to Morocco’s Bank of Africa to promote African trade
The African Development Bank Group approved a €70-million financing facility for Bank of Africa Maroc (BOA) to promote access to financing African trade. The package ... Read More
AfDB, World Bank team up to promote electricity access in Africa
The African Development Bank (AfDB) and the World Bank are working together to provide electricity to 300 million Africans by 2030 through renewable energy system. ... Read More
AfDB lends Togo $103mln to support climate resilient farming
The African Development Bank approved a loan of 102.7 million dollars to help Togo farmers boost their resilience to climate change and foster sustainable agricultural ... Read More
Election to the presidency of the AfDB: Mauritania’s Ousmane Kane in the starting-blocks
The African Development Bank (AfDB), headquartered in Abidjan, Côte d'Ivoire, will elect a new president in May 2025. As the candidacy period approaches in September ... Read More
AfDB supports Morocco’s Governance & Climate Change Resilience Program with €120 Mln financing
The Board of Directors of the African Development Bank (AfDB) Group has approved a €120 million financing to support Morocco's Governance and Climate Change Resilience ... Read More
AfDB lends Morocco Over €600 Mln to fund four inclusive development projects
The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long ... Read More
AfDB expects Morocco’s growth to reach 3.5% in 2024 & 3.8% in 2025
Morocco’s economic growth is expected to reach 3.5 pc in 2024 and 3.8% in 2025, driven by higher investment, according to latest projections released by ... Read More
AfDB: €84 million funding for sustainable development of Morocco’s forests
The Board of Directors of the African Development Bank (AfDB) has approved an €84 million funding for the sustainable development of forest areas in Morocco, ... Read More
AfDB approves €120 Mln financing for Morocco’s higher education
The Board of Directors of the African Development Bank (AfDB) Group has approved funding of €120 million under the Transformation Support Program for a Moroccan ... Read More