Category: Business

The African Development Bank Group and Sweden’s Development Finance Institution, Swedfund International AB (Swedfund), have formalized an agreement to enhance private sector participation in independent power transmission line projects in Africa. Under the agreement, the Bank Group and Swedfund will collaborate to promote private sector participation in transmission, mainly through public-private partnerships. This will be achieved through project preparation and… Read More

African Development Bank Group Annual Meetings 2022: Harness the collective institutional financial strength of Africa to meet development needs and fight climate change, Ghana says | African Development Bank – Building today, a better Africa tomorrow <!– African Development Bank Group Read More

The African Development Bank has signed an agreement with Gabinete de Implementação do Projecto Hidroeléctrico de Mphanda Nkuwa, an implementing entity, to provide advisory services for the development of the $4.5 billion 1,500 MW Mphanda Nkuwa Hydro Power Project in Mozambique. The agreement was signed Tuesday on the side-lines of the Bank’s Annual Meetings, which are taking place in Accra… Read More

Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé à Abidjan, un financement additionnel de 57 millions d’euros en faveur du Maroc pour contribuer au financement de la construction, en cours, du complexe portuaire de Nador West Med. Ce financement complète un premier de près de 113 millions d’euros, octroyé par la Banque en 2015. Le… Read More

African Development Bank Group President Dr. Akinwumi Adesina on Monday outlined the Bank’s plans to address the looming food crisis threatening Africa as a result of the war between Ukraine and Russia. “I’m optimistic. Africa will not experience a food crisis. We have the means to overcome this challenge!” Adesina said. He was briefing journalists from 41 countries in Africa… Read More