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15/06/2018 - In very remote rural areas of some African countries, access to electricity for low-income people is still through traditional and outdated systems such as battery-powered flashlights or oil lamps that pollute and are extremely harmful to health.

Categories: Côte d’Ivoire, Energy & Power, Private Sector

13/06/2018 - La Banque africaine de développement a achevé son programme d’activités marquant la journée mondiale de l’environnement, ce samedi 9 juin 2018, par une mobilisation de ses employés pour une vaste opération de nettoyage de la plage de Grand-Bassam, en Côte d’Ivoire.

Categories: Côte d’Ivoire, Environment

06/06/2018 - The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an effective affordable mortgage finance sector in Ghana.

Categories: Ghana, Private Sector, Partnerships

  • From: 04/05/2018
  • To: 09/06/2018
  • Location: CCIA Abidjan and Grand Bassam

From June 4-9, 2018, the African Development Bank is celebrating World Environment Day on June 5 on the theme “Beat Plastic Pollution” and the World Oceans Day on June 8 with a focus on “Preventing plastic pollution and encouraging solutions for a healthy ocean” with a range of activities programmed in Abidjan.

Categories: Côte d’Ivoire, Environment, Climate Change, Partnerships, Education

31/05/2018 - At its 2018 Annual Meetings in Busan, Korea, the African Development Bank signed a 5-year, US $3-million Line of Credit (LoC) with Sierra Leone’s Union Trust Bank (UTB), the only indigenous private bank in Sierra Leone and an important provider of finance for indigenous micro, small and medium-sized enterprises. The LoC will primarily target local SMEs and women-owned businesses working in agriculture, energy, manufacturing and services, among others.

Categories: Korea, Sierra Leone, Employment, Private Sector, Fragility & Resilience, Partnerships

24/05/2018 - Ministers of Finance, Agriculture and Governors of Central Banks from African countries have called for further innovative financing mechanisms to deal with the impact of climate change, which has led to economic losses from cycles, conflict, insecurity and cross-border political instability in the Sahel region.

African Development Bank President Akinwumi Adesina attended the discussions by the Bank’s Board of Governors, emphasizing the Bank’s involvement in strengthening the technical cooperation between the Bank and the African Risk Capacity (ARC) to respond to climate change in Africa.

Categories: Gambia, Mali, Malawi, Niger, Senegal, Climate Change, Environment

23/05/2018 - Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank, during his address at the 2018 Annual Meetings of the African Development Bank Group in Busan, Korea.

Categories: Korea, Nigeria

17/05/2018 - The African Development Bank has approved US$100 million senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals Limited, to support the company’s plans to double its fertilizer production from 1.4 million tons of urea to 2.8 million tons per annum.

Categories: Nigeria, Agriculture & Agro-industries, Industrialization

17/05/2018 - C’est une bonne nouvelle pour le commerce au Mali, mais surtout pour les petites et moyennes entreprises : le Conseil d'administration de la Banque africaine de développement a approuvé, le 16 Mai 2018 à Abidjan, en Côte d’Ivoire, une ligne de crédit de 8 millions d’euros en faveur de la Banque sahélo-saharienne pour l’investissement et le commerce au Mali (BSIC-Mali). Celle-ci devrait profiter de cette ligne de crédit pour renforcer ses efforts de financement au profit des petites et moyennes entreprises, un des secteurs clés de l’économie malienne. A terme, cet appui de la Banque devrait permettre la création de plusieurs dizaines d’emplois.

Categories: Mali

16/05/2018 - The African Development Bank has approved US$ 20 million facility to boost lending to small and medium-sized enterprises in Liberia.

The loan, approved by the Board of Directors of the Bank on Wednesday, May 16, 2018, is a trade finance package for three Liberian commercial banks: Liberian Bank for Development and Investment (LBDI); International Bank of (Liberia) Limited (IBL) and Afriland First Bank Liberia Limited.

Categories: Liberia

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