19/09/2014 - Six leading Multilateral Development Banks (MDBs) provided in 2013 about USD 24 billion worldwide in financing for projects in developing and emerging economies that address the challenges of climate change according to the third annual joint MDB report on climate finance.
Categories: Climate Change
- Date: 29/09/2014
- Location: Abidjan, Côte d'Ivoire
Africa’s recent growth has failed to translate into meaningful job creation and the broad-based economic and social development needed to reduce poverty and inequality.
18/09/2014 - Executive Directors of the African Development Bank Group (AfDB) met in Abidjan on Wednesday, September 17, 2014, and approved five projects worth US $144.4 million for Mali, Angola and Burkina Faso.
18/09/2014 - La Banque africaine de développement (BAD) a signé, mercredi 17 septembre 2014, un accord de don tripartite avec le gouvernement sierra-léonais et l'Organisation mondiale de la santé (OMS), d’un montant de 1 million de dollars EU.
15/09/2014 - The African Development Bank will participate in the UN Secretary-General’s Climate Summit on September 23, 2014. The Summit will provide a platform for the world leaders from governments, private sector and civil society to make bold announcements and catalyze actions on climate change ahead of a binding legal agreement to take place in 2015 to keep global warming below 2 degrees Celsius. The presence of AfDB is critical to draw attention to the key climate change challenges that impact Africa.
12/09/2014 - On September 12, 2014, The African Development Bank (AfDB) and Japan signed a concessional loan for US $300 million to support the private sector in Africa. The AfDB was represented by its President, Donald Kaberuka, and Japan by its Ambassador in Côte d’Ivoire, Susumo Inove.
12/09/2014 - The AfDB is strongly committed to financing climate resilient and low-carbon development in Africa.
10/09/2014 - The Sustainable Energy Fund for Africa (SEFA) and partners co-organized in Abidjan, Côte d’Ivoire, an event on Friday, September 4 to launch and promote the second West Africa Clean Energy Finance Forum (WAFCEF-2). The partners include the Climate Technology Initiative Private Financing Advisory Network (CTI PFAN), Regional Clean Energy Investment Initiative (RCEII) together with the United States Agency for International Development (USAID), the ECOWAS Regional Centre for Renewable Energy and Energy Efficiency (ECREEE), Banque ouest africaine de développement (BOAD), and the African Biofuels and Renewable Energy Company (ABREC), which is affiliated with the ECOWAS Bank for Investment and Development (EBID).
04/09/2014 - The African Development Bank (AfDB) Group on September 2, 2014, announced the conclusion of a Negotiated Settlement Agreement (NSA) with Eduteq Ltd. based in Leicester, United Kingdom, and its director, Ms. Katrina Grant. Ensuing from an investigation by the AfDB’s Integrity and Anti-Corruption Department (IACD), the company admitted to fraudulent practices in the context of a bank-financed contract in Eritrea.
03/09/2014 - The African Development Bank (AfDB) announced the incorporation of Africa50. Africa50 is a new landmark investment vehicle that aims to help significantly accelerate the pace of infrastructure development across Africa, thereby spurring Africa’s growth and prosperity.