Tag: AfDB

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

Sudan: AfDB approves $21.783 million grant for roll out of solar-powered irrigation

December 24, 2019

The African Development Bank’s Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in ... Read More

AfDB Lends Morocco Over $200 Mln for Social & Health Services

December 19, 2019

The African Development Bank approved on Wednesday a $204 million loan to Morocco to help the North African country upgrade social and medical services provided ... Read More

AfDB Supports Morocco’s Rural Electrification with €245 Loan

December 12, 2019

The African Development Bank (AfDB) approved on Wednesday a €245 million loan to the National Office of Electricity and Drinking Water (ONEE) to enable the ... Read More

African Development Fund commits $7.6bln to support low-income countries

December 9, 2019

Donors of the African Development Fund (ADF)over the weekend agreed to commit $7.6 billion to speed up growth in Africa’s poorest nations and help lift ... Read More

Burkina Faso: AfDB allocates €48.82 million for a power plant

December 6, 2019

The African Development Bank (AfDB) has just allocated €48.82 million to Burkina Faso for the construction of a solar plant. The funding was allocated in ... Read More

Climate Change: Malawi, Mozambique, South Africa secure €1 million

December 6, 2019

The Government of Flanders this year has committed 1 million euros to the Africa Climate Change Fund (ACCF) to support five projects in three African ... Read More

AfDB loans Morocco €100 million in support of infrastructure projects

November 29, 2019

The African Development Bank (AfDB) approved a €100 million loan for the Municipal Equipment Fund (FEC) to finance new investment and public infrastructure projects in ... Read More

AIF-2019: Moroccan to Chair Steering Committee of AfDB Desert to Power Initiative

November 13, 2019

Mustapha Bakkoury, CEO of the Moroccan Agency for Sustainable Energy (Masen), was appointed, Tuesday in Johannesburg, chairman of the steering committee of the "Desert to ... Read More

AfDB: $115 billion capital increase

November 4, 2019

The African Development Bank Shareholders have approved a landmark $115 billion capital increase, doubling the bank's capital base from $93 billion to $208 billion, and ... Read More