AfDB Leads $476 million Loan Drive Supercharging Egypt’s Clean Energy Future
The African Development Bank (AfDB), European Bank for Reconstruction and Development (EBRD), and British International Investment (BII) have joined forces ...
Tag: AfDB
Tinubu Congratulates Sidi Ould Tah New AfDB President-Elect
President Bola Tinubu has felicitated with Dr. Sidi Ould Tah on his election as President of the African Development Bank ...
Meet Dr. Sidi Ould Tah, Newly Elected Ninth President of AfDB
Dr. Sidi Ould Tah, a Mauritanian economist and development finance expert, has been elected as the ninth president of the ...
AfDB: Nigeria’s Inflation will Drop to 17.3% in 2026
The latest African Economic Outlook 2025 (AEO) by the African Development Bank (AfDB) projected that Nigeria was expected to record ...
AfDB Approves $650m for Nigeria
The African Development Bank (AfDB) Group has approved a new five-year Country Strategy Paper for Nigeria, committing about $650 million ...
Moving Africa from Aid to Investment
Buoyed by last year’s successful Africa Investment Forum’s Market Days that generated $29.2 billion of investment interest, its nine founding ...
AfDB Pledges $2.2B for Nigeria’s SAPZ Project Launch
The African Development Bank (AfDB) has reaffirmed its commitment to mobilising $2.2 billion for the second phase of the Special ...
AfDB Mulls $500M Facility to Mobilize Financing for Smallholder Farmers
African Development Bank Group (AfDB) President, Dr. Akinwumi Adesina, has announced plans to launch a $500 million facility designed to ...
AfDB Announces $2.2 Billion Agro-Industrial Fund for Nigeria, Effective 2025
The African Development Bank (AfDB) is preparing to launch a $2.2 billion fund aimed at developing Special Agro-Industrial Processing Zones ...
Ethiopia-Kenya Electricity Highway Shaping Regional Connectivity – AfDB
The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, ...
GEAPP, Rockefeller Foundation, SEforALL Advance W’Bank and AfDB Mission to Electrify 300 Million in Africa
Ahead of Climate Week NYC, the Global Energy Alliance for People and Planet (GEAPP), Sustainable Energy for All (SEforALL), and The Rockefeller Foundation announced ...
Electricity: AfDB Approves $500m Loan for Nigeria
The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of $500 million to the ...
AfDB Appoints Babatunde Samson Omotosho as Director, Statistics Department
The African Development Bank (AfDB) has appointed Dr Babatunde Samson Omotosho, an economist and statistician, as Director of the Statistics ...
Mastercard, AfDB to Extend Digital Access to 100 million African in 10 years through ‘MADE Alliance’
Mastercard and the African Development Bank Group have launched the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa to extend digital ...
AfDB, Others Pledge Support for CAAF24 Deal Room
The African Development Bank (AfDB) has pledged its support for the 2024 Climate Action Africa Forum (CAAF24) Deal Room, taking ...
