AFD Invests €4 Billion to Support South Africa’s Shift to Renewable Energy

The Agence Française de Développement (AFD) has reaffirmed its commitment to supporting South Africa’s energy transition…

AfDB Invests $10 Million in African Climate Fund.

The African Development Bank Group (AfDB) approved a $10 million junior equity investment in the KawiSafi…

AfDB Approves $500 Million Loan to Transform Nigeria’s Energy Sector

The African Development Bank Group has recently approved a substantial $500 million loan aimed at bolstering…

AfDB Offers Morocco $260 Million in Loans for Port Project

The African Development Bank (AfDB) has said it offered Morocco two loans, each worth 120 million…

UNDP, AfDB Launch Africa Sustainable Development Report 2024

The United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (ECA), and the…

AFDB, EU to Inject $120 Million into South Sudan Power Line

 The African Development Bank Group (AfDB) and the European Union are set to inject $120 million…

AfDB Grants $1 Billion Loan to Transnet

The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

AfDB and Italy Team Up to Boost Africa’s Future with the Mattei Plan

In a significant move to bolster Africa’s economic development through the Mattei Plan, Italian Prime Minister…

AfDB SEFA Grants Ethiopia DREAM $8m for Solar Minigrids

The African Development Bank Group (AfDB) has awarded the Ethiopia Distributed Renewable Energy and Agriculture Modalities…