Tag: AfDB

AfDB grants €12.3 million for Abidjan-Lagos road corridor project

May 9, 2020

The African Development Bank approved an additional funding of €12.33 million in favor of the ECOWAS Commission to cover part of the costs related to ... Read More

Guinea: AfDB supports rural electrification with over €760,000

April 11, 2020

The African Development Bank (AfDB) has just awarded a grant of nearly €762,000 to Guinea. The amount, granted through the AfDB Sustainable Energy Fund for ... Read More

COVID-19: AfDB unveils $10 billion Response Facility

April 10, 2020

The African Development Bank Group has announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility ... Read More

AfDB approves $1.5 million emergency grant to curb desert locusts ravaging East & Horn of Africa

April 6, 2020

The African Development Bank (AfDB) last week approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa ... Read More

São Tomé and Principe: AfDB approves €12.46 million to support energy transition

April 6, 2020

The African Development Bank (AfDB) Group has approved €12.46 million to support the Energy Transition and Institutional Support Program (ETISP) of São Tomé and Principe. ... Read More

AfDB allocates €62M for rural electrification in Côte-d’Ivoire

April 1, 2020

The African Development Bank (AfDB) has granted a loan of €62.35 million to Côte d'Ivoire, the bank said in a statement. The funds are intended ... Read More

AfDB launches record breaking $3 billion “Fight COVID-19” Social Bond

March 29, 2020

As the Covid-19 outbreak is spreading quickly in Africa with nearly 3,000 infected people across 45 countries, placing strain on already fragile health systems, and ... Read More

Africa Called to Increase Investments in Fertilizer Value Chain

February 2, 2020

African countries have been called to increase investments in Africa’s fertilizer value chain to boost agricultural yields and build the industry across the continent. The ... Read More

AfDB: Morocco’s Economic Growth to Increase to 3.9 in 2021

February 1, 2020

The African Development Bank (AfDB) expects Morocco’s economic growth to reach 3.7 pc in 2020 and 3.9 pc in 2021 from a 2.9 pc growth ... Read More

AfDB contributes $220 mln to Improve Industrial Competiveness in Morocco

December 24, 2019

The African Development Bank (AfDB) last week announced a contribution of $220 million to implement a results-oriented program intended to improve territorial competitiveness in Morocco. ... Read More