News & Events
23/11/2015 - In its bid to bolster Africa’s ability to feed itself, the African Development Bank (AfDB) is targeting rural communities with interventions to improve yields, incomes and nutrition practices.
16/11/2015 - Delegates attending the consultative Week for PIDA (Programme for Infrastructure Development in Africa), or PIDA Week, taking place at the headquarters of the African Development Bank (AfDB) in Abidjan from November 13-17, heard that the most binding constraint to unlocking infrastructure financing in Africa was lack of properly prepared projects, which in turn is due to lack of adequate capacity to prepare large projects.
Categories: Ethiopia, Kenya, Côte d’Ivoire, Programme for Infrastructure Development in Africa (PIDA), Infrastructure, Regional Integration, Energy & Power, Transport, Information & Communication Technology, Water Supply & Sanitation, Partnerships
29/10/2015 - The Board of Directors of the Africa Development Bank Group (AfDB) on Wednesday, October 28, 2015 approved combined funding amounting to US $284.97 million in support of road infrastructure projects in Tunisia, an SMEs development project in Kenya, and a youth employability and integration in growth sectors project in Togo.
24/10/2015 - Delegates attending talks on transforming African agriculture rose from three days of talks, from October 21-23, on the outskirts of Dakar, Senegal, excited about new commitments to grow agri-business.
23/10/2015 - The Africa Climate Change Fund (ACCF) announced Friday, the approval of three projects totaling USD 1.35 million to enhance the readiness of Cape Verde, Kenya and Swaziland to mobilize climate finance, necessary to achieve national sustainable development goals.
12/10/2015 - The judges of the CNN MultiChoice African Journalists of the Year 2015 have announced that Thomas Naadi Bitlegma of Ghana has won the prestigious African Development Bank (AfDB) Environmental Journalist Award.
05/10/2015 - Civil society has a key role to play in fighting corruption – from monitoring public services, denouncing bribery and raising awareness, to contributing to the implementation of international anti-corruption instruments such as the United Nations Convention against Corruption (UNCAC). The African Development Bank’s Integrity and Anti-Corruption Department (IACD) acknowledges the important role of civil society in the fight against corruption.
22/09/2015 - The African Renewable Energy Fund (AREF), a dedicated renewable energy fund focused on sub-Saharan Africa, announced during the African Development Bank’s “Energy Week” that it successfully reached its final close at its hard cap, with US $200 million of committed capital to support small- to medium-scale projects, with investment at the final close from European Investment Bank (EIB) and the Global Energy Efficiency and Renewable Energy Fund (GEEREF), among other investors.
18/09/2015 - The Lake Turkana wind power project involves the development and construction of a 300 MW wind farm. The project is located at a remote location, approximately 12 kilometres east of Lake Turkana in northwestern Kenya. The project area falls within a valley between two mountains that produce a tunnel effect in which wind streams are accelerated to high speeds. The wind farm will comprise 365 wind turbines of a capacity of 850 KW each. In addition to the Wind Turbine Generators (WTGs) and their foundations, a 33 kV electrical collector network will be constructed.
16/09/2015 - Although Kenya produces just enough power to meet its current demand for households and businesses tied to the grid, it is constantly plagued with power outages that cause not only inconveniences, but a loss of income for those businesses that depend upon it. A large part of the problem is the country’s reliance on hydropower, which fuels about half of Kenya’s installed capacity. Since there is no reserve margin for reduced hydropower generation in times of drought, the government must pay for emergency generation.