News & Events
03/07/2015 - The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support to Technical Vocational Education and Training (TVET) for Relevant Skills Development project.
29/06/2015 - The air transport industry in Africa is on the resurgence and aviation is, “The next infrastructure growth frontier for Africa”. This was the message at the International Air Transport Association (IATA) Aviation Day for Africa and the Middle East held at Intercontinental Hotel in Nairobi, Kenya, on June 23-24, 2015 under the theme, “Connecting Africa: The Linkage of Regulation, Capacity and Infrastructure”.
26/06/2015 - African Development Bank President Donald Kaberuka concluded his East African tour with a farewell meeting with Kenya’s Head of State, Uhuru Kenyatta, on June 25th 2015.
Kaberuka’s decade-long term in office comes to an end in two months. He thanked the Kenyan Government for its support. “The mission for which Kenya sponsored me has been done to my best ability. We even make mistakes, but that is the nature of leadership. We have learnt lessons both ways,” he said.
08/06/2015 - On May 28, 2015, the African Development Bank (AfDB) and the Climate Investment Funds (CIF) co-hosted an open dialogue session in the AfDB’s Civil Society Organization (CSO) Forum in the margins of its Annual Meetings in Abidjan, Côte d’Ivoire. In the session, participants used as a jumping-off point the CIF’s unique multi-stakeholder approach, with the AfDB serving as a key implementing agency and partner.
04/05/2015 - The Northern Transport Corridor in East Africa, extending from the port of Mombasa in Kenya and serving the hinterland countries of Uganda, Rwanda, Burundi, Eastern Democratic Republic of Congo (DRC) and South Sudan, is the busiest trade and transport corridor in East Africa handling the bulk of the region’s regional and international trade. While there have been major improvements in transport infrastructure for the corridor, it still faces challenges of road accidents due to long driving distances.
12/03/2015 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, March 11, 2015 approved an African Development Fund (ADF) Loan of US $123 million to Kenya for the Mombasa-Mariakani Highway upgrading project.
25/02/2015 - The first peer-review meeting for the Common Market for Eastern and Southern Africa (COMESA) under the Africa for Results (AfriK4R) initiative kicked off in the Kenyan capital Nairobi on February 24, 2015.
18/02/2015 - The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday, February 18 in Abidjan an African Development Fund (ADF) Loan of US $144.9 million, to the Kenya–Tanzania Power Interconnection Project.
23/01/2015 - Uhuru Kenyatta, President of the Republic of Kenya, accompanied by members of his Cabinet, officially launched, on Thursday, January 22, the commencement of the construction of the Nairobi Outer Ring Road Improvement Project, jointly financed by the African Development Bank and the Government of Kenya.
19/12/2014 - The Lake Turkana Wind Power Project (LTWP) reaches financial close following an eight-year journey.
Earlier this month, the EUR 623-million project marked a significant milestone with financial close, making it the largest private investment in Kenya’s history. This project has won several awards and has been recently nominated as the ‘African Renewable Deal of the Year 2014’ by Thomson Reuters Project Finance International.