COP28: Africa could lose $25 bn per year as new EU carbon… Rhema Dec 8, 2023 African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could…
COP 28: AfDB commits $1 billion insurance facility to… Rhema Dec 4, 2023 The African Development Bank Group has presented its planned $1 billion facility to provide insurance to more than…
AfDB with other multilateral development banks commit to… Rhema Dec 4, 2023 Multilateral development banks attending the 2023 UN Climate Change Conference (COP 28) today affirmed their…
Germany pledges 4 billion Euros in Africa’s green energy:… Rhema Nov 23, 2023 The government of Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. German…
Projected $57trn electric vehicle market depends on Africa,… Rhema Nov 9, 2023 Akinwumi Adesina, president of African Development Bank (AfDB) Group, has said the future of the electric vehicle…
G7, AfDB, and AFC join forces for a $600bn trans-African… Rhema Nov 6, 2023 The United States and the European Union have collaborated with the African Development Bank (AFDB) and…
AfDB, EBID sign loan agreement for $50m and €50m to enhance… Rhema Oct 10, 2023 The African Development Bank (AfDB) Group and the ECOWAS Bank for Investment and Development (EBID) have signed an…
African Infrastructure Fund targets $500m in first close SpyDa Jul 4, 2023 Africa50, a Morocco-based investment platform, seeks to raise $500 million in the first close of its Infrastructure…
Ghana: AfDB approves $23m for floating dock facility SpyDa Jun 21, 2023 The board of directors of the African Development Bank (AfDB) has approved a US$23.04 million loan to Prime…
Africa has technology and innovation to achieve zero hunger… SpyDa Jun 7, 2023 Africa has the necessary partnerships and technologies to eradicate hunger, said African Development Bank President…
AfDB debars Goldsun Investments Company Ltd for fraudulent… Rhema May 10, 2023 The African Development Bank (AfDB) Group says it has debarred Goldsun Investments Company Ltd for 24 months with…