Tag: AfDB

World Bank resumes cooperation with Gabon after military coup

December 13, 2023

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

December 13, 2023

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

December 12, 2023

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

November 20, 2023

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

November 13, 2023

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’

November 10, 2023

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

November 3, 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

October 30, 2023

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

October 24, 2023

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

October 1, 2023

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