The African Development Bank Group has pledged $2 billion to enhance clean cooking in Africa over…
Search Results for: AFD
Power Surge: AfDB Lights Up Nigeria with $1 Billion Boost
The African Development Bank (AfDB) plans to invest $1 billion to boost Nigeria’s power sector. On…
AfDB and World Bank Partner to Electrify 300 Million Africans
During the recent spring meetings of the World Bank and International Monetary Fund in Washington, a…
Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB
In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
AfDB Invests $289.5M in Mauritania’s Solar Projects”
The African Development Bank (AfDB) has signed a $289.5 million deal with Mauritania’s economy ministry. The…
AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa
The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…
UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
AfDB Invests $302.9m in Mali-Mauritania’s Power Projects
African Development Bank (AfDB) allocates $302.9 million for power projects in Mauritania and Mali. The funding…
AfDB: Africa’s Hydropower Plant Set for Upgrades
Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…
South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition
South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…