Nigeria Launches $250 Million Energy Initiative for Universities

The Federal Government of Nigeria, in collaboration with the World Bank and the African Development Bank…

AfDB Invests $10 Million in African Climate Fund.

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

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 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…

The Akinwumi Adesina June 12 Interview on BBC’s HardTalk, Explained

Africa is poised to undergo the most significant transformation of any continent in this century. By…

Africa Leads Global Renewable Energy Drive

At the ongoing AfDB Annual Meetings 2024, taking place in Nairobi, the President of the African…

AfDB Pledges $2bn for Clean Cooking in Africa, Urges 5% Energy Investment in the Sector

The African Development Bank Group has pledged $2 billion to enhance clean cooking in Africa over…

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…

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…