Heads of State commit to concrete plans to transform Africa’s energy sector, with strong backing of global partners

29 january 2025 - 07:27:35
Dar es Salaam, Tanzania (PANA) - Thirty African Heads of State and governments have committed to concrete reforms and actions [...] Full text...

thread Economy

AfDB, Tanzania to host Africa Energy Summit

11 january 2025 - 12:32:56
Nairobi, Kenya (PANA) - The African Development Bank Group, the World Bank Group, the African Union, and the Tanzanian government [...] Full text...

thread Economy

2024 - year of remarkable achievements, resilience, and progress for Tanzania

01 january 2025 - 12:18:42
Dar es Salaam, Tanzania (PANA) – The just closed year 2024 saw Tanzania’s economic stability and investment potential widely recognised, [...] Full text...

thread Economy

African Development Fund approves $9 million grant to strengthen climate resilience in Madagascar

22 december 2024 - 07:25:35
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund – the African Development Bank (AfDB) [...] Full text...

thread Environment

AfDB to make $30 million equity investment in Africa Finance Corporation to catalyse climate action

15 december 2024 - 04:55:52
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Board of Directors has approved a $30 million equity investment in [...] Full text...

thread Economy

AfDB to fund women-led business enterprises growth in Nigeria

11 december 2024 - 13:45:07
Rabat, Morocco (PANA) - Women-led businesses in Nigeria will benefit from a US$50 million loan, provided by an African Development [...] Full text...

thread Economy

African countries count on mineral boom to bolster large scale investment

05 december 2024 - 13:36:34
Rabat, Morocco (PANA) - African countries are relying on the mineral potential in the continent to attract large-scale investment into [...] Full text...

thread Economy

AfDB approves €24 million loan to Côte d'Ivoire to improve fisheries and aquaculture sectors

10 november 2024 - 13:14:34
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan [...] Full text...

thread Agriculture

AfDB approves $54 million loan for Mozambique’s first wind energy project

03 november 2024 - 05:38:10
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Economy

AfDB urges practical solutions to tackle poverty in Africa

25 october 2024 - 09:28:05
Washington, DC., US, (PANA) -    Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s [...] Full text...

thread Economy

AfDB approves $100 million to support youth and women-led MSMEs in Nigeria

20 october 2024 - 06:27:25
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a $100 million loan to increase access to [...] Full text...

thread Economy

Benin to contribute $2 million to the African Development Fund

13 october 2024 - 05:22:58
Cotonou, Benin (PANA) - Benin has pledged $2 million to the next replenishment of the African Development Fund (ADF), the [...] Full text...

thread Economy

AfDB, AFD cement partnership to support youth entrepreneurship in Africa

13 october 2024 - 05:11:55
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group and Agence Française de Développement (AFD) have announced they would [...] Full text...

thread Economy

WHO and Multilateral Development Banks kick off US $1.5 billion primary health financing platform

23 september 2024 - 20:50:32
New York, US (PANA) - Execution is starting under the new Health Impact Investment Platform on the first country health [...] Full text...

thread Society

AfDB launches 60th birthday festivities

10 september 2024 - 11:38:27
Abidjan, Cote, d'Ivoire (PANA) - The President and Chairman of the Boards of Directors of the African Development Bank (AfDB) [...] Full text...

thread Economy

Transforming Africa: World Bank and African Development Bank unite for data-driven progress: World Bank Blog By Momar Kouta and Ravi Kumar

28 august 2024 - 13:01:11
Nairobi, Kenya (PANA) - “One of the reasons we do not share data in machine readable format is because we [...] Full text...

thread Economy

Lessons from Zambia: Improving sanitation through planning, awareness-building, and collaboration: World Bank Blog By Francis Ghesquiere and Ai-Ju Huang

22 august 2024 - 11:40:32
Lusaka, Zambia (PANA) - We’re excited to share lessons from our recent work on the Lusaka Sanitation Project in Zambia [...] Full text...

thread Health

AfDB mobilises over 92m euros to support entrepreneurship, job creation in Tunisia

13 august 2024 - 06:03:16
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a financing package [...] Full text...

thread Economy

AfDB approves $40m Trade Finance Transaction Guarantee Facility to Ethiopia’s Dashen Bank

10 august 2024 - 05:47:28
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a $40 [...] Full text...

thread Economy

ADF grants Comoros $135 million to develop ports, facilitate regional trade

06 august 2024 - 07:10:40
Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group supports the Union of the Comoros in extending and modernizing [...] Full text...

thread Economy

AfDB grants DRC $260 million loan to strengthen agricultural sector

19 july 2024 - 05:47:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Agriculture

South Africa: South African rail authority secures US$1 billion loan

18 july 2024 - 17:48:42
Cape Town, South Africa (PANA) – The African Development Bank (AfDB) on Thursday confirmed that it had approved a US$1 billion [...] Full text...

thread Economy

The Tunisian Parliament adopts two organic laws on the Africa50 Fund

17 july 2024 - 15:35:07
Tunis, Tunisia (PANA) -  The Tunisian parliament Tuesday adopted two organic laws approving the statutes of the "Africa50" fund for [...] Full text...

thread Economy

AfDB's sovereign portfolio retains top spot in 2024 Aid Transparency Index

17 july 2024 - 06:32:34
Abidjan, Cote d'Ivoire (PANA) - The global campaign for aid and development transparency has again named the African Development Bank’s [...] Full text...

thread Economy

Stakeholders conclude key AfDB workshop on Connectivity Portal

16 july 2024 - 06:40:08
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has concluded a two-day preparatory workshop on implementing the African [...] Full text...

thread Economy

AfDB chief warns Nigeria’s food import policy could destroy its agriculture

13 july 2024 - 18:42:57
Abuja, Nigeria (PANA) - The President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has said the decision [...] Full text...

thread Agriculture

Donor delegation expresses satisfaction with Cape Verde's Tech Park

07 july 2024 - 07:33:29
Praia, Cape Verde (PANA) - A high-level donor delegation that included the African Development Bank (AfDB) has expressed strong admiration [...] Full text...

thread Society

Nigerian Economist named AfDB's Director of Statistics Department

05 july 2024 - 16:22:41
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has appointed Dr. Babatunde Samson Omotosho, an economist and statistician, [...] Full text...

thread Economy

AfDB, Korea sign deal on Trade Facilitation in Africa

04 july 2024 - 12:56:12
Abidjan, Cote d'Ivoire (PANA) - Africa is set to benefit from improved customs technologies to boost intra-African trade.This follows an [...] Full text...

thread Economy

AfDB, JICA align priorities ahead of TICAD9 summit

01 july 2024 - 07:43:52
Tokyo, Japan (PANA) - The African Development Bank (AfDB) Group and the Japan International Cooperation Agency (JICA) have underscored the [...] Full text...

thread Economy

'Africa offers attractive investment opportunities for Japanese firms'

23 june 2024 - 06:33:45
Tokyo, Japan (PANA) - Dr. Kevin Kariuki, African Development Bank's (AfDB's) Vice President for Power, Energy, Climate and Green Growth, [...] Full text...

thread Economy

AfDB sends high-level delegation to Japan to champion African investment

16 june 2024 - 06:46:57
Tokyo, Japan (PANA) - An African Development Bank (AfDB)  delegation, led by three vice presidents, will be in Japan from [...] Full text...

thread Economy

AfDB, Ethiopia launch $94 million project to boost Climate Resilient Wheat

13 june 2024 - 12:10:56
Addis Ababa, Ethiopia (PANA) - The African Development Bank (AfDB) Group and the government of Ethiopia, in partnership with the [...] Full text...

thread Agriculture

Enhancing climate resilience: A narrative of water security in northern Malawi

13 june 2024 - 11:38:02
Lilongwe, Malawi (PANA) - Nestled in the southeastern region of Africa, Malawi is blessed with diverse landscapes, from the plains [...] Full text...

thread Environment

AfDB approves $8.6 million grant to boost non-oil revenue mobilisation in South Sudan

13 june 2024 - 11:23:00
Juba, South Sudan (PANA) - The African Development Bank (AfDB) is providing additional financial support to enable South Sudan to [...] Full text...

thread Agriculture

AfDB appoints Nigerian as Director of Board Affairs and Proceedings

13 june 2024 - 10:45:04
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has appointed Chioma Angela Onukogu as the Director of Board [...] Full text...

thread Economy

AfDB strengthens capacity of fragile states on debt management

13 june 2024 - 10:36:49
Addis Ababa, Ethiopia (PANA) - The African Development Bank (AfDB) Group has launched a series of training programmes to support [...] Full text...

thread Economy

Africa fertilizer financing Mechanism to launch fertilizer financing scheme in Mozambique

13 june 2024 - 10:22:22
Maputo, Mozambique  (PANA) - The Africa Fertilizer Financing Mechanism  will launch the Fertilizer Financing for Sustainable Agriculture Management Project on [...] Full text...

thread Agriculture

AfDB releases highlights of its PPP report

11 june 2024 - 06:52:53
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has published highlights of its purchasing power parities (PPP) [...] Full text...

thread Economy

AfDB and Intel to train millions in AI

08 june 2024 - 06:05:03
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and technology giant, Intel, have formalised their cooperation to transform [...] Full text...

thread Economy

AfDB taking Africa to the World

07 june 2024 - 07:47:50
London, UK (PANA) - The 10th Invest Africa Debate opened in London’s prestigious Guildhall on Thursday with the president of [...] Full text...

thread Economy

Financiers for Ghana’s new Ship Repair Dock Project

05 june 2024 - 10:43:54
Accra, Ghana (PANA) - A consortium, including the African Development Bank (AfDB), has signed an agreement to extend $94 million [...] Full text...

thread Economy

AfDB approves $117 billion general callable capital Increase

03 june 2024 - 12:29:10
Nairobi, Kenya (PANA) - The Board of Governors of the African Development Bank (AfDB) Group has approved a $117 billion [...] Full text...

thread Economy

AfDB stresses need for responsible, innovative solutions for African debt management

01 june 2024 - 07:56:51
Nairobi, Kenya (PANA) - It is essential to find innovative solutions for managing the debt of African countries, taking proactive [...] Full text...

thread Economy

Chairman of Libyan Council calls for unified African position in favour of reform of global financial system

29 may 2024 - 18:58:20
Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed Al-Manfi, has stressed the importance of African Union [...] Full text...

thread Politics

Chairman of Libyan Presidential Council attends AfDB meetings in Nairobi, Kenya

29 may 2024 - 18:12:11
Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed al-Manfi, took part on Wednesday in the Kenyan [...] Full text...

thread Economy

AfDB Group Annual Meetings hits Day 3 in Kenya

29 may 2024 - 08:52:22
Nairobi, Kenya (PANA) - Experts attending an African Development Bank High-level dialogue in Kenya have urged African nations to intensify [...] Full text...

thread Economy

Day 2 at AfDB Meetings in Nairobi

28 may 2024 - 11:42:24
Nairobi, Kenya (PANA) - The BRICS Alliance, together with the new member additions, are providing immense trade and investment opportunities [...] Full text...

thread Economy

AfDB’s Chief highlights Africa as world’s best investment destination

21 may 2024 - 09:08:12
Riyadh, Saudi Arabia ( PANA) - Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the [...] Full text...

thread Economy

AfDB, partners move to boost food, nutritional security in the Sahel

30 april 2024 - 09:00:38
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and the Permanent Interstate Committee for Drought Control in the [...] Full text...

thread Agriculture

Tanzania lauds partnership with AfDB as Tangayinka, Zanzibar celebrate union

29 april 2024 - 12:12:13
Dar es Salaam, Tanzania (PANA) - Tanzanian President, Dr. Samia Suluhu Hassan, has lauded the strong partnership with the African [...] Full text...

thread Economy

Kenyan farmers get fertilizer boost with $2 million from AfDB

27 april 2024 - 10:00:14
Nairobi, Kenya (PANA) - In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has [...] Full text...

thread Agriculture

AfDB appoints Ambassador Jalel Trabelsi as Special Envoy for MENA and Gulf Region

27 april 2024 - 09:55:41
Abidjan, Cote d'Ivoire (PANA) - The President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has appointed career [...] Full text...

thread Economy

African Business Founders to take Centre Stage at soirée in Johannesburg

23 april 2024 - 08:37:45
Johannesburg, South Africa (PANA) - African Hidden Champions (AHC), a co-partnership of Africa Foresight Group and partners, will host an [...] Full text...

thread Economy

Former Malawian President Banda calls for climate action

22 april 2024 - 14:29:55
Addis Ababa, Ethiopia (PANA) - The former Malawian president, Joyce Banda, has called for a change in the way things [...] Full text...

thread Environment

AfDB, GIABA combat money laundering, terrorism financing in Africa

19 april 2024 - 09:05:57
Dakar, Senegal (PANA) - The African Development Bank (AfDB) and the Inter-Governmental Action Group against Money Laundering in West Africa [...] Full text...

thread Economy

WBG/AfDB new partnership aims to connect 300 million to electricity by 2030

18 april 2024 - 06:24:19
Washington, DC, USA (PANA) – The World Bank Group (WBG) and African Development Bank (AfDB) Group are partnering on an [...] Full text...

thread Economy

AfDB inaugurates new regional office in Yaoundé

16 april 2024 - 07:02:15
Yaounde, Cameroon (PANA) - In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank [...] Full text...

thread Economy

AfDB plans massive work on DRC's giant Inga 3 dam

29 march 2024 - 13:20:12
Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has called for a major political [...] Full text...

thread Economy

AfDB signs US$75 million loan agreement to boost fertilizer production in Nigeria

29 march 2024 - 13:17:05
Port Harcourt, Nigeria (PANA) - The African Development Bank (AfDB) has signed a US$75 million loan agreement with Nigeria’s Indorama [...] Full text...

thread Economy

AfDB Executive Directors visit Sierra Leone

18 march 2024 - 10:15:57
Freetown, Sierra Leone (PANA) - A delegation of seven Executive Directors from the African Development Bank (AfDB) Group has arrived [...] Full text...

thread Economy

AfDB empowering vulnerable women in Togo (A feature by AfDB)

13 march 2024 - 08:36:39
Lome, Togo (PANA) - Some 45 kilometres from Lomé, Togo, in the village of Aného, a transformative initiative is reshaping [...] Full text...

thread Economy

AfDB President urges Nigeria to pursue people-centred state policies to prosper

08 march 2024 - 21:53:12
Lagos, Nigeria (PANA) - President of the African Development Bank Group Dr. Akinwumi Adesina has appealed to leaders in Nigeria [...] Full text...

thread Economy

Ghana's Finance ministry urges President to pause assent to anti-LGBTQ bill

04 march 2024 - 14:29:54
Accra, Ghana (PANA) - As the controversial the controversial anti-LGBTQI+ bill passed by Ghana's Parliament, which criminalises the promotion, advocacy, and funding [...] Full text...

thread Society

DRC makes major stride with home-grown copper smelting plant

27 february 2024 - 12:19:43
Kinshasa, DRC (PANA) - A locally-owned copper smelting plant is set to begin operations in the Democratic Republic of Congo  [...] Full text...

thread Economy

AfFB signs MoU to develop Lake Chad Basin

26 february 2024 - 05:21:55
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank  (AfDB) Group has signed a Memorandum of Understanding (MoU) to rehabilitate [...] Full text...

thread Economy

Africa to account for 11 of world’s 20 fastest-growing economies in 2024: AfDB

19 february 2024 - 05:21:43
Addis Ababa, Ethiopia (PANA) - Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development [...] Full text...

thread Economy

AfDB to scale up financing to South Sudan in 2024

11 february 2024 - 11:36:45
Juba, South Sudan (PANA) - African Development Bank (AFDB) Vice President for Regional Development, Integration and Business Delivery, Marie-Laure Akin-Olugbade, [...] Full text...

thread Economy

Burkina Faso, AfDB launch project to bolster food security

11 february 2024 - 11:25:32
Abidjan Cote d'Ivoire (PANA) - The government of Burkina Faso has officially launched an African Development Bank (AfDB)-supported project to [...] Full text...

thread Agriculture

AfDB approves five year country plan to improve economic efficiency in Kenya

06 february 2024 - 19:35:51
Nairobi, Kenya (PANA) - The African Development Bank will increase economic efficiency in the transport, energy and agriculture sectors in [...] Full text...

thread Economy

Kenya to host AfDB Annual General Meeting in May

15 january 2024 - 21:26:07
Nairobi, Kenya (PANA) - The 59th Annual Meeting of the Board of Governors of the African Development Bank (AfDB) and [...] Full text...

thread Economy

AfDB approves 180 billion CFA francs for Mali-Mauritania electricity interconnection

28 december 2023 - 14:20:11
Bamako, Mali (PANA) - The Board of Directors of the African Development Fund (ADF) Thursday approved financing of USD 302.9 [...] Full text...

thread Economy

AfDB grants 81.9 million loan to Tunisia

14 december 2023 - 16:50:24
Tunis, Tunisia (PANA) - The African Development Bank (AfDB) has approved a loan of €81.9 million to Tunisia to implement [...] Full text...

thread Economy

COP28: Clean cooking for all Africans is possible, say world leaders

04 december 2023 - 12:56:10
Dubai, UAE (PANA) - Leaders from around the world have declared their commitment to provide clean cooking energy by 2032 [...] Full text...

thread Environment

Network of Land Governane to launch academy in North Africa

24 november 2023 - 18:17:43
Addis-Ababa, Ethiopia (PANA) - The North Africa section of the Network of Excellence on Land Governance in Africa (NELGA) plans [...] Full text...

thread Society

IDLO for inclusive land governance

23 november 2023 - 18:00:16
Addis-Ababa, Ethiopia (PANA) - The Director of the International Development Law Organization (IDLO), Barbara Kilei, has called for inclusive land [...] Full text...

thread Society

Ugandan minister highlights effective land management in sustainable development

22 november 2023 - 13:03:22
Addis Ababa Ethiopia (PANA) - Uganda's Minister for Lands and Urban Development, Ms Judith Nabakooba, has highlighted the importance of [...] Full text...

thread Society

Libya, AfDB sign three technical support agreements

22 november 2023 - 12:44:46
Tripoli, Libya (PANA) - The Libyan Minister of Finance, Khaled al-Mabrouk, and the Deputy Director General of the African Development [...] Full text...

thread Economy

Fifth African conference on land policy opens in Addis Ababa

21 november 2023 - 18:09:19
Addis-Ababa, Ethiopia (PANA) - Judith Nabakooba, Uganda's Minister of Lands, Housing and Urban Development, launched the fifth African Conference on [...] Full text...

thread Society

AfDB, Mohammed VI Investment Fund join forces to strengthen financing in Morocco

11 november 2023 - 15:24:08
Marrakech, Morocco (PANA) - Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), and Mohamed Benchaâboun, President of the [...] Full text...

thread Economy

AfDB unveils 2023-2028 Country Strategy Paper for Congo

07 november 2023 - 10:46:02
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank's Country Strategy Paper (CSP 2023-2028) for Congo will focus on four [...] Full text...

thread Economy

Ethiopia set to host 2023 African Economic Conference

01 november 2023 - 07:37:30
Addis Ababa, Ethiopia (PANA) - The stage is set for the 2023 African Economic Conference, jointly organised by the African [...] Full text...

thread Economy

AfDB supports Namibia to modernise its railway infrastructure

01 november 2023 - 07:33:59
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan [...] Full text...

thread Economy

AfDB approves US$300 million to South Africa for energy governance, climate resilience

01 november 2023 - 07:31:39
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a US$300 [...] Full text...

thread Economy

AfDB’s new 5-year strategy paper on South Africa focuses on governance, private sector

26 october 2023 - 07:22:02
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s interventions in South Africa, between 2023 and 2028, focuses on improving [...] Full text...

thread Economy

African countries eye booming electric vehicle, clean energy market, worth trillions of dollars

25 october 2023 - 09:53:52
Abidjan, Cote d'Ivoire (PANA) - The International Energy Agency projects that manufacturers of clean energy technologies will need 40 times [...] Full text...

thread Economy

Nigeria: Nigeria secures $1.5bn zero-interest World Bank loan

16 october 2023 - 20:32:12
Abuja, Nigeria (PANA) – Nigeria’s Federal Executive Council (FEC) met on Monday with the Minister of Finance and Coordinating Minister [...] Full text...

thread Economy

Uganda: Africa Fertilizer Financing Mechanism to boost Ugandan farmers’ access to fertilizers

13 october 2023 - 08:35:48
Kampala, Uganda (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a project to [...] Full text...

thread Agriculture

Africa Fertilizer Financing Mechanism extended to Mozambique

13 october 2023 - 08:32:16
Abidjan, Cote d'Ivoire (PANA) - The Africa Fertilizer Financing Mechanism will extend a US$2 million partial trade credit guarantee and [...] Full text...

thread Agriculture

Kenya signs agreement with AfDB to host 2024 Annual Meetings

06 october 2023 - 16:08:14
Nairobi, Kenya (PANA) – The African Development Bank (AfDB) has signed an agreement with the Kenyan government for the hosting [...] Full text...

thread Economy

AfDB's 2023 Country Focus Report calls on Benin to seize investment opportunities

06 october 2023 - 12:03:27
Cotonou, Benin (PANA) - The African Development Bank (AfDB) has called on Benin to adopt a concerted approach to seize [...] Full text...

thread Economy

Gambia and AfDB to boost rice output, uplift youth and women entrepreneurs

03 october 2023 - 14:02:30
Banjul, Gambia (PANA) - The Gambia and African Development Bank Group efforts to boost rice output and uplift youth and [...] Full text...

thread Agriculture

AfDB, AMEA Power, IFC and SEFA launch first large-scale privately-financed solar project in Tunisia

28 september 2023 - 16:55:04
Tunis, Tunisia (PANA) - The African Development Bank (AfDB) and the Sustainable Energy Fund for Africa (SEFA), in partnership with [...] Full text...

thread Economy

AfDB offers fairer global financial architecture with beneficial development for Africa

26 september 2023 - 05:26:24
New York, U.S. (PANA) - The African Development Bank (AfDB) President, Dr Akinwumi Adesina, has said the global financial architecture [...] Full text...

thread Economy

AfDB debars Kenyan contractors for 15 months for fraudulent practices

26 september 2023 - 05:19:52
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group on Monday announced a 15-month debarment of a Kenyan [...] Full text...

thread Society

AfDB launches digital platform to drive business linkages in Madagascar

19 september 2023 - 07:52:34
Antananarivo, Madagascar (PANA) - The African Development Bank (AfDB) has launched a digital platform in Madagascar to help drive business [...] Full text...

thread Economy

ADF approves US$20 million to improve business environment, drive investments to climate-smart agriculture in Mozambique

19 september 2023 - 06:58:26
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF), the African Development Bank Group’s [...] Full text...

thread Economy

Africa Food Systems Summit 2023: AfDB leads charge for better food systems

12 september 2023 - 10:43:58
Dar es Salaam, Tanzania (PANA) - The 2023 Africa Food Systems Summit held recently in Dar es Salam, Tanzania, has [...] Full text...

thread Agriculture

Morocco earthquake: AfDB President bemoans devastation

12 september 2023 - 10:38:25
Abidjan, Cote d'Ivoire (PANA) - The President of the African Development Bank (AfDB), Dr. Akinwumi A. Adesina, has extended deepest condolences [...] Full text...

thread Society

Morocco to host the 2023 Africa Investment Forum in November

09 september 2023 - 15:06:57
Rabat, Morocco (PANA) -  Morocco will on 8-9 November be hosting the 2023 edition of the Africa Investment Forum (AIF) [...] Full text...

thread Economy

African leaders commit to pursue green and inclusive growth

09 september 2023 - 09:54:39
Nairobi, Kenya (PANA) - African leaders ended their three-day Africa Climate Summit with a call to the global community to [...] Full text...

thread Environment

ADF provides US$5 million to support capacity building for public officials, improve management of public finances

08 september 2023 - 11:18:12
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF) has approved a donation of [...] Full text...

thread Economy

GFANZ Africa Network, AfDB announce Climate Action Partnership

08 september 2023 - 11:15:51
Nairobi, Kenya (PANA) - The Glasgow Financial Alliance for Net Zero (GFANZ), the world’s largest coalition of financial institutions committed [...] Full text...

thread Environment

AfDB unveils new initiative to cushion farmers from climate change effects

08 september 2023 - 11:11:10
Nairobi, Kenya (PANA) - The African Development Bank (AfDB) has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) [...] Full text...

thread Environment

AfDB announces $1 billion to boost access to climate finance for Africa’s youths

06 september 2023 - 16:43:37
Nairobi, Kenya (PANA) - African Development Bank (AfDB) President Akinwumi Adesina has announced a new $1 billion fund to accelerate [...] Full text...

thread Environment

African leaders vow to innovate solutions to global climate change disaster

05 september 2023 - 20:56:44
Nairobi, Kenya (PANA) - African leaders have vowed innovative solutions to the climate change crisis facing the globe, insisting natural [...] Full text...

thread Environment

IEA, AfDB to launch Joint Report on Financing Clean Energy in Africa

02 september 2023 - 11:37:31
Nairobi, Kenya (PANA) - The International Energy Agency (IEA) and the African Development Bank (AfDB) Group will launch the pioneering [...] Full text...

thread Environment

AfDB, Eritrea strengthen partnership for growth

02 september 2023 - 11:34:50
Asmara, Eritrea (PANA) - The African Development Bank (AfDB) Group and Eritrea on Friday strengthened their partnership to support the [...] Full text...

thread Economy

Burundi: AfDB's 2019-2023 Country Strategy Paper impactful, says evaluation team

03 august 2023 - 09:57:28
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has expressed satisfaction with the implementation of its Country [...] Full text...

thread Economy

AfDB VP tours Export Trade Group in southern Africa

03 august 2023 - 09:55:15
Abidjan, Cote d'Ivoire (PANA) - The Vice President of the African Development Bank (AfDB) Group, Solomon Quaynor, has concluded a [...] Full text...

thread Agriculture

India commits $2 million as new partner to boost digital financial inclusion across Africa

03 august 2023 - 09:52:06
Abidjan, Cote d'Ivoire (PANA) - The Indian government will contribute US$2 million to the Africa Digital Financial Inclusion Facility (ADFI), [...] Full text...

thread Economy

AfDB, UNEP, partner to implement Kunming-Montreal Global Biodiversity Framework in Africa

30 july 2023 - 13:06:49
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) is joining forces with the United Nations Environment Programme (UNEP) [...] Full text...

thread Environment

AfDB issues highest rated hybrid capital by multilateral development bank

30 july 2023 - 13:04:00
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has received global recognition for its inaugural hybrid capital [...] Full text...

thread Economy

Southern Africa’s economic prospects subdued, yet abounds with investment opportunity in climate change initiatives

26 july 2023 - 12:11:44
Abidjan, Cote d'Ivoire (PANA) - The Southern Africa region has seen a slowdown in economic growth over the past year [...] Full text...

thread Economy

AfDB Group commits $87 million to prop cereal production in Tunisia

21 july 2023 - 13:59:36
Tunis, Tunisia (PANA) - Tunisia will receive an $87.1 million loan from the African Development Bank (AfDB) Group to scale [...] Full text...

thread Agriculture

ADF provides $767,000 to boost livestock farming in Mauritania

20 july 2023 - 16:53:30
Nouakchott, Mauritania (PANA) - Mauritania will receive $767,000 from the African Development Fund (ADF), the African Development Bank Group’s concessional [...] Full text...

thread Agriculture

Development partners express support for $900 million Mauritania-Mali power line

20 july 2023 - 09:48:15
Nouakchott, Mauritania (PANA) - Development partners have committed to mobilise funding for a US$900 million multinational power transmission line between [...] Full text...

thread Economy

African Union mid-year Summit opens in Nairobi

16 july 2023 - 12:41:38
Nairobi, Kenya (PANA) - African leaders gathered on Sunday in Nairobi for the opening of their fifth mid-year Summit, with [...] Full text...

thread Politics

African countries generate €1.7 billion revenues from tackling tax evasion, illicit financial flows

08 july 2023 - 06:39:14
Cape Town, South Africa (PANA) - According to the 2023 Tax Transparency in Africa progress report, unveiled at the 13th [...] Full text...

thread Economy

AfDB provides $7.88 million grant for African Just Energy Transition programme

06 july 2023 - 07:43:22
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group’s Board of Directors has approved a US$7.88 million grant [...] Full text...

thread Economy

Germany provides €10 million to NEPAD-IPPF to boost Africa's infrastructure development

06 july 2023 - 07:40:34
Berlin, Germany (PANA) - The African Development Bank (AfDB) and the KfW, the German development bank, on behalf of the [...] Full text...

thread Economy

Africa50 invests over US$6.6 billion in infrastructure in six years

04 july 2023 - 07:03:48
Lomé, Togo (PANA) - Africa50 has in six years of operation invested more than $6.6 billion in critical infrastructure, African [...] Full text...

thread Economy

'De-risking capital is key to scaling up development finance,' Adesina tells OPEC Fund forum

22 june 2023 - 09:17:19
Vienna, Austria (PANA) - Global development financiers who attended this year’s Organisation of Petroleum Exporting Countries (OPEC) Fund’s forum in [...] Full text...

thread Economy

AfDB moves to save thousands of African children at risk of dying before their fifth birthday

21 june 2023 - 08:47:46
Abidjan, Cote d'Ivoire (PANA) - At least 216 million African children suffer from stunting and malnutrition in sub-Saharan Africa, where [...] Full text...

thread Health

AfDB approves $23.04 million for modern Floating Dock Facility in Ghana

21 june 2023 - 07:50:00
Takoradi, Ghana (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$23.04 million loan [...] Full text...

thread Economy

Namibia: AfDB approves grant for solar electricity in informal settlements

17 june 2023 - 08:45:25
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Urban and Municipal Development Fund (UMDF) has approved a grant of [...] Full text...

thread Economy

Exploiting natural gas can be a win-win for both Africa and Asia -- Experts

17 june 2023 - 08:36:49
Abidjan, Cote d'Ivoire (PANA) - Against the backdrop of the Russia-Ukraine conflict and its impact on food and fuel prices [...] Full text...

thread Economy

USAID commits $3 million to African Water Facility

17 june 2023 - 07:55:30
Abidjan, Cote d'Ivoire (PANA) - The United States Agency for International Development (USAID) has committed US$3 million to the African [...] Full text...

thread Society

AfDB 2022 report shows strong performance, commitment to African countries

14 june 2023 - 16:27:38
Abidjan, Côte d’Ivoire (PANA) - The African Development Bank (AfDB) Group has released its 2022 Annual Report showing solid performance [...] Full text...

thread Economy

AfDB appoints Cameroonian Jacques Edjangue as VP for People and Talent Management

08 june 2023 - 10:21:31
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has appointed Jacques Edjangue of Cameroon as Vice President [...] Full text...

thread Economy

AfDB moves to boost development, spur regional integration in East Africa in 2023-2027

08 june 2023 - 10:03:25
Abidjan, Cote d'Ivoire (PANA) - Over the next five years, the African Development Bank (AfDB) will invest in cross-border electricity [...] Full text...

thread Economy

AfDB launches study on urban infrastructure, climate adaptation

07 june 2023 - 08:39:02
Djibouti City, Djibouti (PANA) - The African Development Bank (AfDB) has launched the Integrated Urban Infrastructure and Climate Adaptation Study [...] Full text...

thread Environment

AfDB says Africa has necessary partnerships, technologies to eradicate hunger

06 june 2023 - 06:37:02
Durban, South Africa (PANA) - African Development Bank (AfDB) President, Dr. Akinwumi Adesina, says Africa has the necessary partnerships and [...] Full text...

thread Society

Libyan Finance Minister attends AfDB Board of Governors meeting in Sharm el-Sheikh, Egypt

26 may 2023 - 18:21:25
Tripoli, Libya (PANA) - The Libyan Minister of Finance in the Government of National Unity, Khaled al-Mabrouk, took part in [...] Full text...

thread Economy

Africa Day: ‘Let’s put our resources at risk behind Africa’s young people’ - Adesina

26 may 2023 - 13:49:19
Sharm El Sheikh, Egypt (PANA) - Delegates attending the 2023 African Development Bank Group’s Annual Meetings in Sharm El Sheikh, [...] Full text...

thread Economy

UK announces first water infrastructure resilience projects in Egypt, Senegal

26 may 2023 - 13:44:24
Sharm El Sheikh, Egypt (PANA) - The United Kingdom government has announced the launch of the first two projects under [...] Full text...

thread Economy

Africa Investment Forum showcases $1.475 billion in green, renewable energy deals

24 may 2023 - 06:01:20
Sharm El Sheikh, Egypt (PANA) - The Africa Investment Forum has presented four renewable energy and sustainability projects worth nearly [...] Full text...

thread Economy

AfDB approves $11.7 million to facilitate access to fertilizers for African farmers

18 may 2023 - 18:38:44
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$11.7 million [...] Full text...

thread Agriculture

AfDB approves $15 million loan to support infrastructure financing in Nigeria

18 may 2023 - 18:23:34
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$15 million [...] Full text...

thread Economy

Natural capital, an option for African governments to finance SDGs

24 april 2023 - 20:53:28
Abidjan, Cote d'Ivoire (PANA) - Africa must use all its comparative advantages to mobilize the resources it needs to finance [...] Full text...

thread Economy

"Investing in Africa is profitable," AfDB President tells Japanese investors

24 april 2023 - 20:40:33
Tokyo, Japan (PANA) - The president of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has called for a [...] Full text...

thread Economy

AfDB, ILX sign deal to mobilize European institutional capital for sustainable projects across Africa

23 april 2023 - 05:17:23
Amsterdam, Netherlands (PANA) - The African Development Bank (AfDB) and ILX Management B.V. (ILX) on Saturday signed a partnership agreement [...] Full text...

thread Economy

AfDB, Kenya’s power utility, KETRACO, hold workshop on PPP law

21 april 2023 - 06:34:07
Nairobi, Kenya (PANA) - The African Development Bank (AfDB) recently hosted a workshop for stakeholders in Kenya’s energy sector to [...] Full text...

thread Economy

Ivorian hydropower plant to supply electricity to 100,000 households, reduce greenhouse gas emissions.

21 april 2023 - 06:23:37
Abidjan, Cote d'Ivoire (PANA) - Three years after construction began, the Singrobo-Ahouaty hydropower plant project, located some 150 km north [...] Full text...

thread Economy

Burundi to receive support from AfDB Group in key development sectors

13 april 2023 - 19:31:27
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB)Group will mobilize close to US$4 million to help Burundi urgently [...] Full text...

thread Economy

AfDB to build 30 MW Solar Photovoltaic Power Plant in Dekemhare, Eritrea

07 april 2023 - 05:19:06
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB), through the African Development Fund (ADF), will finance the construction [...] Full text...

thread Economy

AfDB approves US$28.49 million grant to enhance Ghana’s universal electrification goal

28 march 2023 - 10:02:40
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a grant of [...] Full text...

thread Economy

Tunisian President Kaïs Saied denies racism and denounces "malicious" campaign about sub-Saharan migrants

09 march 2023 - 19:24:51
Tunis, Tunisia (PANA) - President Kaïs Saied has categorically rejected accusations of racism attributed to him after his recent statements [...] Full text...

thread Politics

Senior Libyan official calls for comprehensive strategy to promote health sector

01 march 2023 - 16:15:51
Tripoli, Libya (PANA) - Libyan Minister of Finance in the Government of National Unity, Khaled al-Mabrouk, stressed here Tuesday the [...] Full text...

thread Health

AfDB, UNHCR officials visit CAR to assess needs of refugees, IPDs

01 march 2023 - 11:51:20
Bangui, CAR (PANA) - Representatives of the African Development Bank (AfDB) and the United Nations Refugee Agency (UNHCR) have conducted [...] Full text...

thread Society

Optimism as Zimbabwe holds dialogue platform meeting on arrears and debt resolution

25 february 2023 - 10:07:45
Harare, Zimbabwe (PANA) - Zimbabwe took a major step in its dialogue with creditors this week, organising a second structured [...] Full text...

thread Economy

AU reaches agreement to avoid famine in four East African countries

14 february 2023 - 12:47:54
Khartoum, Sudan (PANA) - The African Union (AU) has concluded an agreement with international organisations to help Ethiopia, Kenya, Somalia and [...] Full text...

thread Society

Sharm El Sheikh gets ready for AfDB Annual Meetings

10 february 2023 - 09:26:45
Sharm El Sheikh, Egypt (PANA) - The Egyptian resort city of Sharm El Sheikh is preparing to host the African [...] Full text...

thread Economy

Sharm El Sheikh gets ready for AfDB Annual Meetings

09 february 2023 - 12:20:45
Sharm El Sheikh, Egypt (PANA) - The Egyptian resort city of Sharm El Sheikh is preparing to host the African [...] Full text...

thread

Ireland, Austria join Africa Climate Change Fund as donors with initial 3 million Euro contribution

08 february 2023 - 21:01:23
Abidjan, Cote d'Ivoire (PANA) - Ireland and Austria have joined the African Development Bank’s Africa Climate Change Fund (ACCF) with [...] Full text...

thread Economy

Senegalese President calls for review of infrastructure financing conditions in Africa

02 february 2023 - 15:10:51
Dakar, Senegal (PANA) - The Senegalese Head of State, Macky Sall, who is also the current Chairperson of the African [...] Full text...

thread Politics

Infrastructure deficit still 'very high' in Africa, says Senegalese President

02 february 2023 - 14:32:41
Dakar, Senegal (PANA) - The Senegalese President, Macky Sall, on Thursday lamented the "very high" deficit in physical and digital [...] Full text...

thread Politics

Burundian Head of State attends summit on Food Sovereignty in Africa in

29 january 2023 - 17:13:41
Bujumbura, Burundi (PANA) -Burundi's Head of State Evariste Ndayishimiye attended the just-ended 'Summit on Food Sovereignty and Resilience' on the [...] Full text...

thread Politics

Technical, Financial Partners pledge CFAF 18,135 billion for food sovereignty of African countries

27 january 2023 - 19:22:29
Dakar, Senegal (PANA) - The technical and financial partners (TFPs) represented at the second Dakar Forum on Agriculture have pledged [...] Full text...

thread Politics

Libyan Finance minister discusses activation of Libyan investments in Senegal with President Macky Sall

27 january 2023 - 17:06:17
Tripoli, Libya (PANA) - The Libyan Minister of Finance of the Government of National Unity, Khaled al-Mabrouk, discussed on Thursday [...] Full text...

thread Politics

African heads of state pledge to make food sovereignty a priority

25 january 2023 - 20:02:03
Dakar, Senegal (PANA) - African heads of state and government pledged on Wednesday in Dakar to make food sovereignty a [...] Full text...

thread Agriculture

AfDB announces $10 billion commitment to Africa's food sovereignty

25 january 2023 - 19:48:55
Dakar, Senegal (PANA) – The President of the African Development Bank (AfDB), Akinwumi Adesina, pledged on Wednesday in Dakar to [...] Full text...

thread Agriculture

Food sovereignty: Senegalese president calls for African solutions

25 january 2023 - 15:59:07
Dakar, Senegal (PANA) - Africa must find solutions to the food insecurity situation it is facing, so that the continent [...] Full text...

thread Agriculture

Senegalese and Irish presidents discuss food security

25 january 2023 - 15:44:23
Dakar, Senegal (PANA) – Senegalese President Macky Sall and his Irish counterpart, Michael D. Higgins, on Tuesday discussed food security [...] Full text...

thread Politics

Nigeria's President to attend Dakar International Conference on Agriculture

23 january 2023 - 13:33:26
Abuja, Nigeria (PANA) – Nigeria's President Muhammadu Buhari will depart Lagos for Senegal on Tuesday where he will attend the 2nd [...] Full text...

thread Agriculture

Africa picks up economic growth momentum after recession - AfDB

20 january 2023 - 08:51:23
Abidjan, Cote d'Ivoire (PANA) - Africa is set to outperform the rest of the world in economic growth over the [...] Full text...

thread Economy

AfDB finances construction of solar power plant in Tunisia

23 december 2022 - 16:28:11
Tunis, Tunisia (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan of [...] Full text...

thread Economy

AfDB grants €40 million to Senegal for livestock production development

19 december 2022 - 15:29:50
Abidjan, Côte d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) approved on Friday, 16 December [...] Full text...

thread Agriculture

AfDB grants €40 million to Senegal for development of livestock production

19 december 2022 - 05:46:21
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan [...] Full text...

thread Agriculture

African countries renew commitment to improved nutrition

15 december 2022 - 12:59:36
Addis Ababa, Ethiopia (PANA) - African Union Member States renewed their commitments towards nutrition on the continent at a high-level [...] Full text...

thread Health

AfDB, Bank, World Bank launch Electricity Regulatory Index reports

12 december 2022 - 05:33:08
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and the World Bank (WB) have launched reports capturing the [...] Full text...

thread Economy

Mauritius to position itself as sustainable international financial centre

10 december 2022 - 08:52:59
Balaclava , Mauritius (PANA) - Mauritian Prime Minister Pravind Jugnauth says Mauritius will develop an Environmental Social and Corporate Governance (ESG) framework [...] Full text...

thread Environment

AfDB gives Mali CFAF 5 billion to support governance structures

25 november 2022 - 11:44:57
Bamako, Mali (PANA) - The African Development Bank (AfDB) on Thursday signed an agreement with the Malian government for a [...] Full text...

thread Economy

Africa Investment Forum 2022 draws $31 billion in investor interest

07 november 2022 - 10:58:51
Abidjan, Cote d'Ivoire (PANA) - This year’s Africa Investment Forum Market Days, the continent’s premier investment platform, has drawn $31 [...] Full text...

thread Economy

Namibia demands implementation of Paris climate change agreement

27 october 2022 - 15:57:12
Windhoek, Namibia (PANA) - Africa must focus on the implementation of the Paris Agreement, recommends Tom Oweendo, Namibia's Minister of [...] Full text...

thread Environment

Windhoek hosts Tenth conference on climate change and development in Africa

15 october 2022 - 11:50:48
Cotonou, Benin (PANA) - The Tenth Climate Change and Development Conference in Africa (CCDA-X) will be held from 24 to [...] Full text...

thread Environment

77th UN General Assembly: Africa must be able to exploit its resources, says Macky Sall

21 september 2022 - 17:43:55
Dakar, Senegal (PANA) - Senegal's President Macky Sall told the UN Assembly Tuesday Africa, the least polluting continent and the [...] Full text...

thread Politics

Japan, AfDB to provide $5 billion in support for Africa’s private sector

28 august 2022 - 11:11:03
Tunis, Tunisia (PANA) - The government of Japan and the African Development Bank (AfDB) on Saturday announced a $5 billion [...] Full text...

thread Economy

Japan pledges to mobilise some $30 billion for Africa

27 august 2022 - 18:15:12
Tunis, Tunisia (PANA) - Japanese Prime Minister Fumio Kishida announced on Saturday that the public and private sectors in his [...] Full text...

thread Economy

Gambia, WFP join forces to enhance agriculture, food security of vulnerable communities

18 august 2022 - 11:11:55
Banjul, Gambia (PANA) – The Government of The Gambia and the United Nations World Food Programme (WFP), have launched the [...] Full text...

thread Agriculture

AfDB, AfCFTA Secretariat, sign $11 million institutional support grant agreement

31 july 2022 - 05:25:32
Accra, Ghana (PANA) - The African Development Bank Group  (AfDB) and the Secretariat of the African Continental Free Trade Area (AfCFTA) [...] Full text...

thread Economy

ADF extends $4.3 million grant to Ethiopia for capacity building, economic resilience

28 july 2022 - 08:36:32
Abidjan, Côte d’Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF) has approved a $4.3 million [...] Full text...

thread Economy

ADF approves US$5.6 million grant to bolster food security in Mozambique

27 july 2022 - 09:59:16
Maputo, Mozambique (PANA) - The African Development Fund (ADF) has granted Mozambique $5.6 million in additional funding for Post-Cyclone Idai [...] Full text...

thread Society

AfDB debars Ivorian company for 'fraudulent practices'

26 july 2022 - 08:43:15
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group (AfDB) on Monday announced a nine-month debarment of Ivoian company, [...] Full text...

thread Economy

AfDB approves $3.5 million for Gambia rice project

24 july 2022 - 07:20:02
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank Group (AfDB) has approved a grant [...] Full text...

thread Agriculture

Project launched to enhance investment climate in 11 refugee hosting African countries

21 july 2022 - 05:43:24
Nairobi, Kenya (PANA) - UNHCR, the UN Refugee Agency, together with the African Development Bank (AfDB), the Intergovernmental Authority on [...] Full text...

thread Society

AfDB Board Approves $134 million loan to boost food production in Nigeria

20 july 2022 - 11:26:09
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank Group (AfDB) has approved a $134 [...] Full text...

thread Agriculture

AfDB Board approves more than $1 billion for emergency food production plan

20 july 2022 - 07:41:49
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group’s Board of Directors has approved 24 fast-track programmes to help [...] Full text...

thread Agriculture

AfDB approves US$ 271 million for Egypt's food security and economic resilience support programme

19 july 2022 - 10:35:46
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Board of Directors has approved a loan of US$271 million to [...] Full text...

thread Economy

AfDB grants US$5 million to Burundi for food security

18 july 2022 - 12:48:20
Bujumbura, Burundi (PANA) - The African Development Bank's (AfDB) recent US$5 million food security grant to Burundi comes at a [...] Full text...

thread Agriculture

African Development Fund approves $11 million grant to the AfCFTA Secretariat

18 july 2022 - 06:04:12
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund has approved an $11.02 million support package [...] Full text...

thread Economy

AfDB approves $150 million for Kenya highway project

18 july 2022 - 05:27:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank Group (AfDB) has approved financing of $150 [...] Full text...

thread Society

AfDB grants $8.1 million to support food production in South Sudan

17 july 2022 - 12:58:49
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a grant of [...] Full text...

thread Agriculture

AfDB donates $5.4 million to CAR for food security project

17 july 2022 - 06:35:46
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a grant [...] Full text...

thread Economy

AfDB gives Guinea $66 million to extend access to electricity

17 july 2022 - 05:32:43
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank Group has approved a $66.39 million [...] Full text...

thread Economy

Coronavirus: ADF approves $27.19 million grant to boost post-pandemid recovery in Ghana

01 july 2022 - 07:16:58
Abidjan, Cote d’Ivoire (PANA) - The African Development Fund (ADF) Board of Directors has approved a US$27.19 million grant to [...] Full text...

thread Health

Ghana, African Development Fund, Switzerland sign agreement to support dev't of mini-grids

10 june 2022 - 10:05:17
Accra, Ghana (PANA) - The government of Ghana has signed a grant agreement with the African Development Fund, and a [...] Full text...

thread Economy

Libyan Ministry of Finance, Egyptian company sign protocol on digital transformation

10 june 2022 - 05:49:02
Tripoli, Libya (PANA) - The Libyan Ministry of Finance of the Government of National Unity (GNU) and the e-finance company [...] Full text...

thread Economy

AfDB grants Malawi of $9.25 million for rollout of Climate Disaster Risk Financing

08 june 2022 - 12:55:23
Abidjan, Côte d’Ivoire (PANA) - The African Development Bank (AfDB) has approved two grants of $9.25 million to implement the [...] Full text...

thread Environment

Djibouti aspires to become global ICT cente

07 june 2022 - 12:19:14
Djibouti, Djibouti (PANA) – African Development Bank Group (AfDB) President Akinwumi Adesina has received Djibouti’s highest honour of ‘Commandeur dans [...] Full text...

thread Economy