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13/12/2017 - To help speed up travel and transportation in Namibia, the Board of the African Development Bank has approved a loan of ZAR 2,000 million (US$ 153 million) to the Government of Namibia to upgrade a 210km stretch of railway in the west of the country. The support will also finance the upgrade of a section of the road from the capital, Windhoek, to its international airport.

Categories: Namibia, Transport, Infrastructure

13/12/2017 - In the bid to reduce the huge infrastructure financing gap in Sub-Sahara Africa, the African Development Bank has approved US $100 million to The Emerging Africa Infrastructure Fund (EAIF), a Public Private Partnership (PPP) company, to reduce gap.

Categories: Infrastructure

13/12/2017 - On Tuesday 14th November 2017, the African Development Bank rated Aaa / AAA / AAA by Moody’s / S&P / Fitch (all stable) successfully priced a EUR 500 million 7-year inaugural Social Bond transaction, following a European roadshow to present its newly established Social Bond framework. The issue, three times oversubscribed within three hours from formal book opening, was priced at MS-14bps, 2 bps inside of initial guidance. This equated at the time of pricing to a spread of 41.4bps over the DBR 1.00% Aug 2024.

Categories: Social Bond Program

12/12/2017 - The global development agenda is being transformed in fundamental ways. The Sustainable Development Goals (SDGs), agreed upon by the international community, constitute a universal compass, highlighting the need for systemic and collective action for sustainable, equitable and inclusive development for everyone on this planet.

Categories: Poverty Reduction, Millennium Development Goals (MDGs)

11/12/2017 - Thousands of small and medium enterprises in Mauritius will benefit from a US $100-million loan to the country from the African Development Bank.

The Bank approved the loan through its public sector window to MauBank Holdings Ltd. in Mauritius to expand its SME business across sectors and foster private sector investments in a wide range of sectors, such as manufacturing, trade, agriculture, aquaculture, ICT and transport. The facility will promote inclusive growth in the country.

Categories: Mauritius, The High 5s, Information & Communication Technology, Transport, Agriculture & Agro-industries

11/12/2017 - La libre circulation des biens et des personnes entre le Cameroun et le Tchad prend forme, de plus en plus. Lundi 11 décembre 2017, feu vert a été donné à la Banque africaine de développement, pour financer à hauteur de 66 millions d’euros la construction d’un pont qui, enjambant le fleuve Logone, va relier les villes de Yagoua (Cameroun) et de Bongor (Tchad).

Categories: Cameroon, Chad, Regional Integration, Infrastructure, The High 5s

11/12/2017 - Africa, which struggles to boost its industrial sector, has decided to seek inspiration from the Chinese model.

Several African delegations were eager to attend the fifth and final plenary session of the 12th African Economic Conference (AEC) in Addis Ababa, Ethiopia. The theme of the session was “Institutions, competitiveness and industrial policy in the age of global value chains: lessons from China”.

Categories: China

11/12/2017 - On Day 1 of the 12th African Economic Conference, which began on December 4, 2017 in Addis Ababa (Ethiopia), experts from Africa called for the inclusive management of the continent’s natural resources, where there is a high level of inequality, during the third plenary session entitled “Inclusive resource governance as a driver of structural transformation”. They asked political leaders to stop making decisions alone.

Categories: Ethiopia

11/12/2017 - Le Conseil d'administration de la Banque africaine de développement a approuvé, mercredi 7 décembre 2017, à Abidjan, en Côte d’Ivoire, un prêt de 100 millions de dollars américains (EU) pour un projet de voie ferrée, de port et de mine à Boké, dans le nord-ouest de la Guinée.

Categories: Guinea

11/12/2017 - Participants at the 12th African Economic Conference have urged African countries to add value to their exports in order to score a competitive edge when trading with Europe under the Economic Partnership Agreements (EPA).

Categories: Ethiopia

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