News & Events
24/05/2016 - Rwanda President Paul Kagame and his Kenyan counterpart Uhuru Kenyatta have endorsed President Akinwumi Adesina’s “New Deal on Energy”, a vehicle through which the African Development Bank (AfDB) will invest in delivering electricity for all Africans, by 2025.
10/05/2016 - The African Development Bank announced on April 19, 2016 that it is helping operationalize studies financed by the European Union Africa Infrastructure Trust Fund (EU-AITF) which will provide professional advice on a project to connect electricity grids across five Nile Equatorial Lake countries.
28/04/2016 - An African Development Bank-supported training for the Kenya Police and Judiciary in handling gender-based cyber violence kicked off in Nairobi, Kenya, on April 25, 2016.
08/04/2016 - The African Development Bank (AfDB) has been shortlisted for the Africa investor (Ai) Infrastructure Project Developer Awards 2016. It has been nominated in the category of Ai African Project Development Financier of the Year.
07/04/2016 - With African Development Bank (AfDB) support, Kenya has received approval from the Climate Investment Funds’ Clean Technology Fund (CIF-CTF) for a US $29.65-million concessional loan to co-finance up to two geothermal projects to increase the country’s power capacity, particularly drawing on untapped geothermal resources in the Rift Valley. The programme will build on the energy advancements already underway in the successful development of the country’s showcase Menengai Geothermal Field.
31/03/2016 - The Board of Directors of the African Development Bank approved on Wednesday, March 30, a US $228-million loan to the Government of Kenya to rehabilitate 172-kilometre road, linking the towns of Isebania and Ahero, an axis located southeast of Lake Victoria. The renovation of this route will facilitate trade between Kenya and Tanzania, while the social aspects associated with the project will accelerate the socio-economic development of the regions along the road, benefitting nearly two million people.
30/03/2016 - Latest round of financing to spur Chase Bank’s credit expansion to SMEs as it plans KShs60 billion for sector in the next three years.
10/03/2016 - Cyber-based violence against women was the focus of a forum hosted by the African Development Bank (AfDB) in commemoration of the International Women’s Day on March 8, 2016.
08/03/2016 - The African Development Bank (AfDB) has launched a partnership with Facebook, the Kenya ICT Authority, Judiciary and the Kenya Police to increase awareness on cyber-based gender violence.
07/03/2016 - On February 29, 2016, during the joint business development mission between the African Development Bank’s Infrastructure Finance and PPP Division and the International Finance Corporation (IFC) in East Africa, the EARC Regional Director Gabriel Negatu met with Kenya’s Principal Secretary of the Ministry of Energy and Petroleum, Joseph Njoroge, in Nairobi.