Press Releases
27/02/2013 - The African Development Bank (AfDB) has laid out solutions some African countries are about to apply, with help from the AfDB and the Climate Investment Funds (CIF), to respond to complex problems that climate change is creating on their combined sectors of water, food and energy.
Categories: Climate Change, Climate Investment Funds (CIF), Energy & Power, Water Supply & Sanitation, Food Production, Agriculture & Agro-industries
30/01/2013 - The Board of Directors of the African Development Bank (AfDB) has approved today a senior loan of US $100 million to Indorama Eleme Fertilizer & Chemicals Limited (IEFCL) to build and operate a gas to urea fertilizer plant located in Port Harcourt, Nigeria, that will serve markets in Benin, Brazil, Ghana, India, Nigeria, South Africa, the United Kingdom and the United States of America.
Categories: Nigeria, Private Sector Development, Agriculture & Agro-industries
19/12/2012 - The Board of Directors of the African Development Group has approved US $125 million in funding for the first phase of a drought resilience project and provision of long-lasting means of subsistence to populations in the Horn of Africa.
Categories: Djibouti, Ethiopia, Kenya, Agriculture & Agro-industries, Transport, Infrastructure
16/10/2012 - The African Development Bank joins its development partners and member countries today in celebrating World Food Day 2012. The official World Food Day theme, announced each spring by the Food and Agriculture Organization of the United Nations (FAO), gives focus to World Food Day observances and raises awareness and understanding of approaches to ending hunger.
Categories: Agriculture & Agro-industries, Food Production
21/06/2012 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, a 1-billion South African rand (ZAR) (About USD 117 million) sovereign guaranteed line of credit to the Land and Agricultural Development Bank of South Africa for on-lending to the country’s emerging farmers, commercial farmers as well as to agricultural cooperatives and agri-related businesses. The support will help to mobilize financial resources for the agricultural sector, ultimately contributing to job creation and income generation.
Categories: South Africa, Agriculture & Agro-industries, Private Sector Development
28/05/2012 - Liberia, today in Arusha, Tanzania, received an African Development Bank Group grant of USD 46.50 million within the context of the Global Agriculture and Food Security Program (GAFSP) and an African Development Fund loan worth USD 6 million to finance the country’s Smallholder Agricultural Productivity Enhancement and Commercialization (SAPEC) Project
Categories: Liberia, Agriculture & Agro-industries
22/05/2012 - The Board of Directors of the African Development Bank Group (AfDB) approved on 16 May in Tunis, an equity investment of USD 100 million to Agvance Africa, the first agribusiness-focused Fund of Funds on the African continent. The strategic objective of Agvance Africa is to increase private investment flows into the agribusiness sector on the continent to address growing food security concerns and unleash the largely unexploited potential of African agriculture and agribusiness sectors.
Categories: Private Sector Development, Agriculture & Agro-industries, Fund for African Private Sector Assistance
21/05/2012 - African Development Bank President Donald Kaberuka capped a visit to Washington with a landmark meeting at the Group of Eight (G8) Summit on Saturday. The special session focused on agriculture policy in Africa, and in particular, a fresh initiative called the New Alliance for Food Security and Nutrition.
Categories: Agriculture & Agro-industries, Food Production
08/05/2012 - Since 2006 the African Development Bank has been supporting the Rwanda government in restoring and improving the Rwandan fisheries sector. Support has been given to both capture fisheries in inland lakes and to aquaculture.
Categories: Rwanda, Agriculture & Agro-industries
19/03/2012 - On 12 March 2012, the African Development Bank (AfDB) Group and the International Institute of Tropical Agriculture (IITA) signed a grant agreement for USD 63million to fund a multinational project titled “Support to Agricultural Research for Development of Strategic Crops in Africa (SARD-SC), and the IITA.
Categories: Agriculture & Agro-industries
