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Technology

African Development Bank And Google Ccollaborate On Digital Transformation In Africa

The African Development Bank and Google today formalized cooperation aimed at advancing digital transformation in Africa. The parties signed a Letter of Intent...

Money

AfDB Pledges Support to UN SG’s Agenda To Deliver Climate Adaptation And Early Warning Systems For All

The African Development Bank President, Dr Akinwumi Adesina, has pledged his institution’s full support to the United Nations Secretary General’s Early Warning for Allinitiative...

News

African Development Bank Group, Korea Sign $28.6 Million Grant Agreements To Support Africa’s Development

The funding complements $600 million in co-financing under the Korea-Africa Energy Investment Framework, agreed with the Korean government in 2021 September 14, 2023/AfDB...

Money

AfDB Announces Investor Calls for Inaugural USD Global Benchmark Sustainable Hybrid Capital Transaction

The transaction will be issued in a Sustainable Bond format, under the Bank’s newly established Sustainable Bond Framework, and will finance a combined...

Energy

In Kenya, 1.6 million People On Low Incomes Now Have Access To Electricity Thanks To A Project Supported By AfDB

The project has improved living conditions and helped develop socio-economic activities in the beneficiary communities August 23, 2023/AfDB The second phase of the...

Money

AfDB Approves $23.04m Loan For Dock Facility In Ghana

African Development Bank (AfDB) has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance...

Agriculture

AfDB Approves $11.7 Million To Facilitate Access To Fertilizers For African Farmers

May 17, 2023/AfDB The Board of Directors of the African Development Bank on 16 May 2023 approved a $11.7 million budgetary allocation to...

Money

AfDB Approves $30 Million Trade & SME Finance Facility For Family Bank Limited

The facility is expected to boost intra-Africa trade, promote regional integration and contribute to the reduction of the trade & SME finance gap...

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