News & Events
18/06/2012 - The Board of Directors of the African Development Bank (AfDB) has approved a USD 18 million private equity investment in infrastructure in sub-Saharan Africa. The recipient of the investment is the InfraCo Sub-Saharan Infrastructure Fund (ISSIF), aiming at target capitalization of USD 200 million of equity with a first closing of USD 100 million expected third quarter 2012 to participate in greenfield and brownfield infrastructure projects. The ISSIF will catalyze additional funds for infrastructure projects, which will create employment and bring essential skills and technical knowledge to sub-Saharan Africa.
Categories: Infrastructure, Economic & Financial Governance, Private Sector Development
01/06/2012 - The African Development Bank Group (AfDB) President, Donald Kaberuka, announced today, at the AfDB Annual General Meetings, the official launch of the African Guarantee Fund (AGF), a market-friendly guarantee scheme designed to ease access to finance for African Small and Medium Enterprises (SMEs)
Categories: Tanzania, Private Sector Development, African Guarantee Fund for Small and Medium-sized Enterprises
01/06/2012 - Japan’s Senior Vice Minister of Finance, Yukihisa Fujita, announced today, at the African Development Bank’s (AfDB) Annual Meetings, the Japanese government’s intention to provide another USD one billion over the next five years for a second phase of the Enhanced Private Sector Assistance (EPSA) for Africa Initiative, as a follow-up to the G8 Camp David Summit which took place from 18-19 May 2012. Mr. Yukihisa made the announcement during a joint session with AfDB President, Donald Kaberuka, and President of the Japan International Cooperation Agency (JICA), Akihiko Tanaka.
Categories: Tanzania, United States of America, Japan, Private Sector Development, Enhanced Private Sector Assistance for Africa: EPSA Initiative
30/05/2012 - Though the African Development Bank (AfDB) Group hasn’t allocated a specific amount for promoting the African private sector, it is determined to build a class of entrepreneurs within the continent, the Bank’s Chief Economist and Vice President, Mthuli Ncube said in Arusha on Tuesday.
Categories: Tanzania, Private Sector Development
28/05/2012 - Most African countries have come to recognize the critical role that the private sector can play to help the continent reach its full economic and social potential, according to the 2011 African Development Report of the African Development Bank (AfDB) launched in Arusha.
Categories: Tanzania, Private Sector Development
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
18/05/2012 - More than 1,000 delegates gathered at the 4th Africa Water Week under the theme “Water for Growth in Africa”, organized by the African Ministers’ Council on Water (AMCOW), in Cairo, Egypt, between 14 and 18 May, 2012.
Categories: Egypt, Water Supply & Sanitation, Private Sector Development, Rural Water Supply & Sanitation Initiative
- From: 16/05/2012
- To: 18/05/2012
- Location: Cairo, Egypt
The African Development Bank will be taking part in the 4th Africa Water Week, taking place from 16 to 18 May 2012 in Cairo. This year’s them is: “Water for growth in Africa, AMCOW’s Journey@10.” Sub-themes include “Private sector investment in water and sanitation”; “Infrastructure for Green Growth and Climate Resilience" and "Water Governance and Financing".
Categories: Egypt, Water Supply & Sanitation, Private Sector Development, Rural Water Supply & Sanitation Initiative
- From: 20/11/2012
- To: 21/11/2012
- Location: Genève
After more than a decade of uninterrupted growth, Africa now stands as one of the most promising economic zones of the world, set against the background of general crisis in Europe and the United States. Success stories are happening all the time, and new entrepreneurs emerging just as frequently motivated by a desire to conquer new markets beyond their borders and the continent.
Categories: Switzerland, Private Sector Development
- From: 10/05/2012
- To: 12/05/2012
- Location: Tunis, Tunisia
The African Development Bank (AfDB) and the International finance corporation (IFC), a member of the World Bank Group, will host the 3rd Multilateral Development Banks’ Conference on Private Sector Integrity from 10 to 12 May, 2012, at the Movenpick Hotel, Gammarth, in Tunis, Tunisia.
Categories: Tunisia, Private Sector Development
