Category: Investments

The Board of Directors of the African Development Bank  today approved an €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the related economic, health and social impacts. The loan will extend additional resources to Kenya as the country takes steps to contain the spread of the pandemic and deal with… Read More

The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a call to action to African economies to deepen their integration. The 2019 Index, which builds on the first edition published in 2016, provides up-to-date data on the status and progress… Read More

The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar’s 30 million euro equity investment in the Sahofika hydropower project, which will generate affordable, clean energy benefitting some 8 million people. The Sahofika project is located on the Onive River, 100 km southeast of the capital Antananarivo. It entails… Read More

The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar’s 30 million euro equity investment in the Sahofika hydropower project, which will generate affordable, clean energy benefitting some 8 million people. The Sahofika project is located on the Onive River, 100 km southeast of the capital Antananarivo. It entails… Read More

The African Development Bank has approved a €188 mllion euro loan to the Republic of Mauritius to finance a national budget support programme to respond to the COVID-19 pandemic, the Group’s Board of Directors said Friday. The main aim of the Covid-19 Rapid Response Facility (CRF), established by the Mauritian Government, is to support the national response fighting the ongoing… Read More

Billions of dollars have been allocated to fight the COVID-19 pandemic, but how can we ensure that the funds are used in the most effective way, with the necessary accountability? This was one of the questions that emerged from a 14 May webinar hosted on by the African Union’s Economic, Social and Cultural Council (AU-ECOSOCC) and the African Development Bank’s… Read More

WHO: Economic Commission for Africa (ECA), African Development Bank, African Union Commission (AUC). WHAT: Webinar to launch Africa Regional Integration Index (ARII 2019) report  WHERE: Addis Ababa, Ethiopia WHEN: 22 May 2020; 13:00 (Addis Ababa time) The Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC) will jointly host a webinar to launch the second… Read More

What:  Launch of publication and policy platform on land reform Who: African Natural Resources Centre (ANRC) When: Tuesday 26 May 2020 at 10.00 am Where:  Digital on www.afdb.org The African Natural Resources Center (ANRC) of the African Development Bank Group will launch  a publication containing a series of articles by leading international scholars whose ground-breaking research and analysis have shaped… Read More

Araya Hizkias, the owner of a water bottling company in South Sudan’s capital Juba, used to rely on a diesel generator to keep his business going, which gobbled into his profits each month. But now a city-wide power grid is emerging for the first time, lighting up Juba and promoting security, and transforming lives and businesses. Implementation of the African… Read More

Les Delivery Units africains ont échangé, ce mercredi 6 mai, sur leurs expériences dans le contexte du Covid-19. Organisée à l’initiative du Bureau opérationnel et de suivi (BOS) du Sénégal, en collaboration avec la Banque africaine de développement, la vidéoconférence a réuni une quinzaine de participants des Delivery Units du Bénin, de la Gambie, du Ghana, du Kenya, du Maroc, du… Read More