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COP 28: AfDB Plans $1 billion Insurance Facility To Protect Farmers In Africa
The African Development Bank Group has presented its planned $1 billion facility to provide insurance to more than 40 million farmers across the...
AfDB Review Economic Forecast For Africa In 2023, 2024 Down to 3.4% , 3.8%
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%,...
Nigeria: AfDB Approves $80million For Investment In Ekiti Knowledge Zone
The Board of Directors of the African Development Bank Group has approved an $80 million loan to finance the Ekiti Knowledge Zone project...
Germany Pledges 4Billion Euros In Africa’s Green Energy
The conference with African leaders was “the starting signal for stronger, reliable cooperation between Africa and Europe to realise climate-friendly energy supply based...
African Development Bank Climate Fund Approves $36.3 million In Support To Climate Adaptation On The Continent
The Canada–African Development Bank Climate Fund (CACF), established to support gender-affirmative climate change projects in Africa, has approved $36.3 million to two private...
Tanzania: AfDB Supports Small Horticultural Businesses With $2.5 million Grant
The Board of Directors of the African Development Bank Group approved a $2.5 million grant to prop some 10,000 small horticultural businesses in...
Africa Must Rethink Natural Resources Management To Avoid Adverse Socio-economic Consequences – Experts
Africa needs to rethink natural resources management to avoid adverse socio-economic consequences that could hamper sustainable development on the continent, experts said at...
2023 IMF/World Bank Annual Meetings: Multilateral Development Banks Pledge Stronger Financing Capacity For Greater Impact
Heads of multilateral development banks (MDBs) attending this year’s IMF/World Bank Annual Meetings in Morocco have pledged to strengthen their individual and collaborative...
