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AfDB to Support Women Entrepreneurs

AfDB to Support Women Entrepreneurs

The African Development Bank’s (AfDB) Affirmative Finance Action for Women in Africa (AFAWA) program has agreed to a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to $2 billion in loans to women-owned small and medium-sized enterprises (SMEs) in Africa, by working with financial institutions to enhance their ability to lend to women. […]

Ghana, African Development Bank Group Sign MOU for 2021 Annual Meetings

Ghana, African Development Bank Group Sign MOU for 2021 Annual Meetings

“We promise to champion African excellence and deliver a befitting event. We will leave no stone unturned to ensure that this is a seminal event.” – Kenneth Ofori-Atta I would like to assure you of the Bank’s full commitment and availability to accompany the Government of Ghana on this journey – Vincent O. Nmehielle Ghana, […]

AfDB, Partners Announce New Initiative For Women

AfDB, Partners Announce New Initiative For Women

The Women in Ethics and Compliance in Africa network, (WECA), a new initiative creating a membership group for women executives and management leading the fight against corruption and non-compliance in business, made its debut at an online webinar co-hosted by the African Development Bank (AfDB) recently. Its organisers, leaders from the AfDB, the Coalition for […]

AfDB Funds Road Projects In Kigoma Districts

AfDB Funds Road Projects In Kigoma Districts

THE African Development Bank (AFDB) has provided more than 15bn/- for construction and renovation of various road infrastructures in Buhigwe, Kasulu Urban, Kasulu Rural and Kibondo Districts in Kigoma Region. This was said by the Manager of TANROADS in Kigoma Region, Eng Narcis Choma, as he was briefing the Permanent Secretary in the Ministry of […]

Banks Must See African Women Entrepreneurs As Game Changers – Angelique Kidjo

Banks Must See African Women Entrepreneurs As Game Changers – Angelique Kidjo

Your commitment to development for women and girls is very well known, especially your Batonga Foundation. Why did you choose to be involved with the Affirmative Finance Action for Women in Africa? I’ve been working with young girls, children and women since 2002 since I became UNICEF Goodwill Ambassador and throughout the years, I realised that even at that […]

AfDB Approves The Funding Of Kenya’s Longest Dual-Carriage Highway

AfDB Approves The Funding Of Kenya’s Longest Dual-Carriage Highway

The African Development Bank (AfDB) has approved the financing of Kenya’s north link road which when combined with the current section will make it the longest expressway in the country. The total project cost is €257.68 million, of which €178.02 million (69%) will be financed by the Bank Group, while 12% will come from Africa […]

African Development Bank Launches $96.7 Million Post-Cyclone Idai Recovery Projects

African Development Bank Launches $96.7 Million Post-Cyclone Idai Recovery Projects

The African Development Bank, with the World Bank and the government of Zimbabwe on 2 September 2019 launched post-cyclone Idai recovery projects totalling $96.7 million to restore livelihoods and rehabilitate infrastructure in areas most hit by the disaster this year. The World Bank has provided $72 million to finance its Zimbabwe Idai Recovery Project (ZIRP), […]

African Development Bank Group Signs $28.8 Million Grant Deal With Somalia For Road And Water Projects

African Development Bank Group Signs $28.8 Million Grant Deal With Somalia For Road And Water Projects

The African Development Bank Group on 27 August 2019 signed two grants for $28.8 million for road and water supply projects to improve livelihoods in Somalia and boost resilience. The grants, approved by the Bank’s Board on 19 July 2019, confirm sustained efforts, especially by the African Development Fund, to tackle fragility in the Horn […]

African Development Bank, KFW Partner To Implement Electricity Regulatory Index

African Development Bank, KFW Partner To Implement Electricity Regulatory Index

The African Development Bank and KfW Development Bank will be partnering to accelerate implementation of recommendations contained in the 2018 Electricity Regulators Index (ERI) report for Côte d’Ivoire’s energy sector. This partnership arrangement between both institutions was announced during a technical workshop hosted by the African Development Bank in Abidjan on Wednesday, 13 March 2019. […]

African Development Bank And Partners Unite In Major Push Against Malnutrition

African Development Bank And Partners Unite In Major Push Against Malnutrition

Did you know that every $1 invested in nutrition generates as much as $138 in better health and increased productivity? The evidence is clear: improving nutrition boosts personal health as well as economic health. Africa has 20 of the 24 countries with stunting rates of over 40%. This includes Antonio, a little boy from Madagascar, […]

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