AfDB Archives | News Ghana

AfDB sponsored Off-Grid Energy Access Fund reaches final equity close

Ghana News Agency - Jan 10, 2020 0

The Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital...

AfDB urges Zimbabwe to continue with economic reforms

xinhuanet.com - Jan 10, 2020 0

The African Development Bank (AfDB) on Thursday urged Zimbabwe to continue implementing reforms to ensure macro-economic stability in the country. "We urge...

Regus Offers Ghana Workers Free Flexible Workspace to Lessen the Environmental Impact of Long Commutes

Why African investors need to venture into the fast-growing flexible workspace industry

Ike Dzokpo - Dec 18, 2019 1

Francis Kariuki, recently a former Head of Operations at a flexible workspace (also known as a coworking space) in Kenya sits across from me...

Africa benefits from Chinese engagement in replicating China’s socioeconomic successes

xinhuanet.com - Dec 3, 2019 0

Ethiopia and fellow African countries have benefited a lot from Chinese engagement amid their crucial need to replicate China's success across socioeconomic development arenas,...

AfDB approves US$455 million loan to Tanzania for new airport in capital city

xinhuanet.com - Nov 1, 2019 0

The African Development Bank (AfDB) has approved a 455 million U.S. dollars loan to Tanzania for the construction of a new airport and ring...

AfDB approves US$455 million loan to Tanzania for new airport in capital city

xinhuanet.com - Oct 31, 2019 0

The African Development Bank (AfDB) has approved a 455 million U.S. dollars loan to Tanzania for the construction of a new airport and ring...

Investing in Portuguese-Speaking Africa: The moment is now

Ghana News Agency - Oct 24, 2019 0

Economic reforms, a burgeoning middle class and regional diversity against the background of the new African Continental Free Trade Area - are making...

Burkina Faso obtains multimillion-dollar loan from AfDB for agricultural project

xinhuanet.com - Oct 23, 2019 1

Burkina Faso on Wednesday obtained a mixed loan and grant financing up to a total amount of 21 billion CFA francs (about 35.15 million...

UK reviews support for AfDB

Ghana News Agency - Oct 1, 2019 0

The UK government is reviewing the effectiveness of the Department for International Development’s (DFID) financial support to the African Development Bank (AfDB) to reassess...

UN,AfDB High-Level Meeting Calls for Speed and Action on SDGs

Ike Dzokpo - Sep 24, 2019 0

An estimated 390 million people living in extreme poverty, hunger and food insecurity, Africa is in a race against time to deliver on...

AfDB President calls for de-risking of loans to youth businesses

Ike Dzokpo - Aug 5, 2019 0

President Adesina of the African Development Bank has made a clarion call to global investors, political leaders and the business community “to put...

AfDB supports Senegal Gov’t with €60 million

Ike Dzokpo - Jul 24, 2019 0

The Board of Directors of the African Development Bank has approved a loan of €87 million to the government of Senegal, to implement...

AfDB supports Mozambique with $50million for post-cyclone relief

Ike Dzokpo - Jun 7, 2019 0

An international pledging conference to finance the reconstruction of parts of cyclone-hit Mozambique took place in the city of Beira on 31 May and...

AfDB debars Nigerian construction firm for 3 years over fraudulent practices

Ike Dzokpo - Jun 4, 2019 0

The African Development Bank Group on 3 June 2019, announced the debarment of Qualitrends Global Solutions Nigeria Limited, a construction company registered in Nigeria,...

AfDB and Microsoft outdoors All-female Coding training in Nigeria

Ike Dzokpo - Apr 5, 2019 0

One hundred and sixty young women have begun a month-long coding class on two Nigerian campuses under a new programme to give African...

Nigeria’s slow economy drags West African countries down – AfDB

PER SECOND NEWS - Apr 4, 2019 0

Although West Africa economy is forecast to improve in the near term, with regional growth projected to average about 3.6 percent in 2019 and...

AfDB Pledges to Provide continuing Funding for Climate from 2020

Ghana News Agency - Mar 17, 2019 0

The African Development Bank will double its climate finance commitments for the period 2020-2025. Dr Akinwumi A. Adesina, the Bank's President announced Thursday at...

AfDB earmarks 25 Billion Dollars for Climate Change Fight

xinhuanet.com - Mar 16, 2019 0

The African Development Bank (AfDB) announced on Thursday it would provide 2.5 trillion shillings (25 billion U.S. dollars) over the next five years to...

AfDB AGM to be Hosted by Equatorial Guinea

Ghana News Agency - Mar 13, 2019 0

Equatorial Guinea will host the African Development Bank’s next Annual Meetings in June 2019, following the signing of a memorandum of understanding between the...

Equatorial Guinea : Ready to host AfDB’s 2019 Annual Meetings in Malabo

Ike Dzokpo - Mar 4, 2019 0

Equatorial Guinea will host the African Development Bank’s next Annual Meetings in June 2019, following the signing of a memorandum of understanding between the...

AUC, AfDB design special ways to trace nutritional growth

Ghana News Agency - Feb 14, 2019 0

The African Union Commission (AUC), the African Development Bank Group (AfDB) and global partners have launched the Continental Nutrition Accountability Scorecard to raise awareness...

By 2020 Africa Would Have Its Working-Age Population At 1 Billion

xinhuanet.com - Feb 11, 2019 0

Africa's working-age population is expected to rise from 705 million in 2018 to nearly 1 billion by 2030, leading to higher unemployment in the...

AfDB approves US$12.6m to finance study on Abidjan-Lagos Corridor Highway

Ike Dzokpo - Feb 5, 2019 0

The African Development Bank and the Economic Community Of West African States Commission (ECOWAS) have signed an agreement for a study...

AfDB Okays US$14.12 million to support Nigeria’s membership in ATI

Ike Dzokpo - Jan 9, 2019 0

The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria’s membership...

Energy experts to unlock energy & business opportunities across African continent

Ike Dzokpo - Dec 23, 2018 0

The Africa Energy Indaba is the continent’s premier energy conference and exhibition: bringing together leading African and global energy players to unlock energy and...

Zimbabwe hopes to settle World Bank, AfDB debt by Close of 2019

xinhuanet.com - Dec 3, 2018 0

Zimbabwe hopes to have cleared its US$1.8 billion arrears to the World Bank and the African Development Bank (AfDB) by end of next year,...

AU, AfDB Loud African Countries for Openness

xinhuanet.com - Nov 29, 2018 0

The African Development Bank (AfDB) and the African Union (AU) on Wednesday commended African countries as they are becoming more open to each other. Reiterating...

AFAWA signs agreement with We-Fi to unlock Financial opportunities to women

Ike Dzokpo - Nov 9, 2018 0

The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has signed a financial procedures agreement with the World Bank-led Women...

AfDB Moves To Boost Climate Risk Financing & Insurance for African Countries

Ike Dzokpo - Oct 30, 2018 0

The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and...

AfDB to invest US$ 10 million in Chapel Hill Denham Nigeria Infrastructure Debt...

Ike Dzokpo - Oct 19, 2018 0

The Board of Directors of the African Development Bank Group has approved a Naira investment equivalent to US$ 10 million in Chapel Hill Denham...

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