Tag: AfDB

USAID, AfDB partner to promote social, economic development in Sahel

October 5, 2024

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

September 30, 2024

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

September 24, 2024

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

September 14, 2024

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

August 28, 2024

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

July 27, 2024

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

July 10, 2024

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

June 3, 2024

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

May 29, 2024

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

May 28, 2024

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