Tag: African Development Bank

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

The African Development Bank, in partnership with the Economic Community of West African States (ECOWAS), held a virtual stakeholder forum to outline the regional bloc’s human capital strategy. The forum, which rallied more than 100 stakeholders from across Africa on 30 April, has become imperative because of the COVID-19 pandemic. “Millions of jobs have been threatened as a result of… Read More

The Board of Directors of the African Development Bank has approved a $13.7 million grant to finance the COVID-19 response in Zimbabwe. The funds will provide an immediate lifeline for targeted frontline responders and health personnel and boost the country’s Global Health Security Index in the wake of the novel coronavirus pandemic. Approval for the grant was made on May… Read More