Category: Investments

Burundi : la Banque africaine de développement et le gouvernement signent deux accords de 29,7 millions d’euros de dons pour le secteur de l’énergie, sur les ressources mobilisées auprès de l’Union européenne. | African Development Bank – Building today, a better Africa tomorrow Read More

La Banque africaine de développement, l’Union européenne et le gouvernement togolais ont signé un accord de quelque 12 millions d’euros, mardi 17 décembre à Lomé, dans le cadre du projet d’appui au volet social du programme CIZO d’électrification rurale du Togo (PRAVOST). L’accord a été paraphé dans la capitale togolaise, par le ministre de l’Économie et des Finances, Sani Yaya,… Read More

An outreach session on the African Development Bank’s Independent Review Mechanism (IRM) took place in Tunis on 11 December 2019.  The event was part of a series of activities that the Bank, through its Office of Integrity and Anti-corruption (PIAC) and the Compliance Review and Mediation Unit (BCRM), organized to mark international anti-corruption day last week. It brought together about… Read More

The African Development Bank’s Board of Directors has approved a $60m loan to Elnefeidi Group Holding Company to help finance its long-term agriculture and food expansion programme. The planned expansion includes increasing agricultural productivity, enhancing related infrastructure, food processing and distribution. It will directly contribute in developing Sudan’s livestock value chain (poultry and beef) by increasing the country’s export capacity… Read More

La directrice générale adjointe de la Banque africaine de développement pour l’Afrique du nord, Yacine Diama Fal et le ministre tunisien des Finances et ministre par intérim du Développement, de l’investissement et de la coopération internationale, Ridha Chalghoum, ont signé, mardi, deux accords de financement dans les secteurs énergetique et financier, pour un montant total de 238 millions d’euros.  … Read More

The African Development Bank has urged the continent’s nations to stay the course on climate action, after a marathon session of talks at the twenty-fifth Conference of Parties to the United Nations Framework Convention on Climate Change (COP 25) in Madrid. The conference was scheduled to run from 2 to 13 December, but only concluded business on Sunday, two days… Read More

The African Development Bank’s Board of Directors today approved a €20 million loan to strengthen the private sector’s role in Cabo Verde’s economic growth.  Bank funding will support the second phase of the Private Sector Competitiveness and Local Economic Development Programme (PSC-LED-II).  The programme will extend fiscal 2019 budget support to the government of Cabo Verde as it undertakes reforms… Read More

As terrible floods inundate their country, close to 100 Kenyan delegates have convened in Madrid, Spain, along with thousands of global leaders, for the COP 25 climate conference. Of particular concern to African delegates is the disparity between the continent’s contribution to global warming emissions and its vulnerability to climate change impacts. Collectively, the 54 African states represented at the… Read More

The African Development Bank has joined forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters caused by extreme weather. Following a series of deadly weather events that have caused widespread destruction, especially in Africa, the institutions came together at the COP 25 climate change conference in Madrid on Tuesday to… Read More

Africa’s small island states are bearing the brunt of climate change, even though technology exists to prevent the worst impacts of extreme weather. Climate expert John Harding said fewer lives were being lost as a result of natural disasters, because of advanced early warning systems. However, many cash-strapped African countries are not benefiting from new technologies to develop early warning… Read More