Africa Investments 

Ghana: African Development Bank approves $23.04 million for modern Floating Dock Facility

The Board of Directors of the African Development Bank has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western Takoradi port. The loan will support the company to design, build, operate and maintain a world-class ship repair and… Read More
Africa Investments 

Child malnutrition: the African Development Bank steps up action to save thousands of African children at risk of dying before their fifth birthday

Child malnutrition: the African Development Bank steps up action to save thousands of African children at risk of dying before their fifth birthday | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More
Africa Business East Africa World 

Kenya signs duty-free trade deal with European Union

Kenya has announced that it has signed a trade deal with the European Union to give it tariff-free access to the EU market. Once ratified the deal should mean that Kenyan goods would be cheaper for European consumers, which could increase exports and create more jobs in Kenya. An EU statement noted that this was a balanced agreement, as it… Read More
Africa Nigeria News and Headlines Security West Africa World 

Nigeria’s President removes all service chiefs from post

Nigeria’s President Bola Tinubu on Monday removed all Service Chiefs and the Inspector-General of Police, Advisers, and head of Customs from their posts. He has appointed new replacements for them who are to take over immediately. “President Bola Ahmed Tinubu, GCFR, has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs from… Read More

Eswatini: a new Eco-green City planned with the support of the African Development Bank’s UMDF

The African Development Bank’s Urban and Municipal Development Fund is partnering with the Eswatini Water and Agriculture Development Enterprise on a new urban planning project, closely linked with the development of a transformative agro-industrial hub which will boost  economic activities and to attract tens of thousands of workers. The Fund approved a grant of $400,000 to the “Eswatini New Eco-Green… Read More
Africa Business World 

BPC Joins FITSPA Uganda to Solidify Commitment to Fintech Innovation

BPC, a global leader in payment solutions, today announced its strategic partnership with the Financial Technology Association of Uganda (FITSPA). This symbolises BPC’s commitment to fostering innovation in Uganda’s financial services sector and a willingness to contribute further to the development of the nation’s fintech ecosystem. FITSPA, Uganda’s premier fintech body, has grown to 206 members and has cultivated a… Read More
Africa Investments 

North Africa to boost public-private partnerships to support economic development

“Diversifying the sources of funding for public infrastructure projects means seeking innovative approaches that integrate public-private partnerships in particular,”  the Tunisian Prime Minister, Ms Najla Bouden, told participants of a seminar titled Public-Private Partnerships in North Africa for sustainable and inclusive growth that was held on 15-16 June in Tunis.   The event, organized by the Instance générale tunisienne de… Read More
Africa Investments 

USAID commits $3 million to African Water Facility to accelerate preparation of water and sanitation investment projects in Africa

USAID commits $3 million to African Water Facility to accelerate preparation of water and sanitation investment projects in Africa | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More
Africa Investments 

Namibia: Urban areas to receive boost as African Development Bank fund approves grant for solar electricity in informal settlements

Namibia: Urban areas to receive boost as African Development Bank fund approves grant for solar electricity in informal settlements | African Development Bank – Building today, a better Africa tomorrow /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie9- /sites/default/files/advagg_js/js__2nu-f_-MK33dRIQaWIdLP84wUiGzIZwBgGaMto4f2kY__2pkqXjBO9pMF06nUvX11DkMECNCM7M-5Qm_bWm0bC9k__IeYgW2ZnliT9LFrgfNYwPt5FQPaBOClcZZeRCrpYkxI.js#ie10+ <!– //–><!—-> African Development Bank Group Read More
Africa Investments 

Exploiting natural gas can be a win-win for both Africa and Asia — Experts

Against the backdrop of the Russia-Ukraine conflict and its impacts on food and fuel prices worldwide, representatives of the private and development sectors attending an online conference organized by the African Development Bank expressed consensus that exploiting Africa’s natural gas resources offered benefits for both African and Asian countries. The African Development Bank’s Asia External Representation Office and its African… Read More