News & Events
27/10/2017 - Africa50, the infrastructure fund for Africa, Scatec Solar and Norfund have signed the long-term financing documentation for the 400 MWDC utility scale photovoltaic (PV) power plants in Egypt for which they had previously entered into a Joint Development Agreement (JDA). The project, which was developed under the second round of the Egyptian Feed-in Tariff Program, reached financial close on October 27.
05/09/2017 - The Board of Directors of the African Development Bank (AfDB) Group has approved three senior loans for a total amount of US$ 55 million to finance three solar PV Projects under the second Round of the Feed-in-Tariff (FiT) Program in Egypt.
24/05/2017 - The African Natural Resources Center of the African Development Bank (AfDB) recently secured US $200,000 from the Korea-Africa Economic Cooperation (KOAFEC) fund to support Tanzania’s gas sector. The Center’s gas expert, Charles Nyirahuku, provides an insight into the expected key deliverables from the facility.
08/05/2017 - The African Development Bank and the Egyptian Agency of Partnership for Development (EAPD) launched on Sunday 7th May, 2017, the first session of the Egyptian-African Program for female African media specialists entitled “African Media Today and the Role of Women in Shaping its Future”. The Program’s objective to bring together female African journalists to learn about Egypt and EAPD activities through lectures, presentations, and site visits.
24/03/2017 - Au premier jour de la dixième édition des Rencontres internationales des partenariats public-privé (PPP), qui se déroulaient les 22 et 23 mars 2017 à Paris, en France, le Hub régional pour les PPP en Afrique du Nord de la Banque africaine de développement (BAD) a organisé un atelier de travail, intitulé « Opportunités et perspectives des PPP en Afrique du Nord ».
06/01/2017 - In the Middle East and North Africa region, concern with inclusive growth has been nurtured by the Arab uprisings after 2010. This interest partly emanated from the need to understand the root causes of these upheavals and partly from the challenges in the post-uprising era which have seen mounting expectations to improve the conditions of the masses. It is noteworthy that the uprisings mainly occurred against a somewhat paradoxical background of a period of relatively improved economic performance in the region.
19/12/2016 - The African Development Bank, on 19th December 2016, signed a loan of US$ 500 million to finance the Egypt Economic Governance and Energy Support Program Phase II. The loan, which was approved by the Bank’s Board of Executive Directors on 13th December 2016, is the second tranche of a three year, US$ 1.5 billion programmatic series, covering the fiscal years 2015/16 to 2017/18 (July-June). It builds on the first phase of the operation, a US$ 500 million loan that was approved in December 2015 and was fully disbursed in early January 2016.
15/12/2016 - The Board of Directors of the African Development Bank (AfDB), has approved a loan of US$ 500 million to finance Egypt’s economic governance and energy support program phase II. The loan is the second tranche of a three year, US$ 1.5 billion programmatic series, covering the fiscal years 2015/16 to 2017/18 (July-June). It builds on the first phase of the operation, a US$ 500 million loan that was approved in December 2015 and was fully disbursed in early January 2016.
15/12/2016 - The African Development Bank (AfDB), through its Egypt Country Office, co-organized a roundtable discussion with the Arab Women Organization on the “The Role of Businesswomen in Achieving Women’s Economic Empowerment” during the sixth Arab Women Organization (AWO) conference in Cairo on December 13 and 14.
06/12/2016 - On the occasion of the 2017 Continental Validation Meeting organized by the Association for the Development of Education in Africa (ADEA) in partnership with the Republic of Egypt, the country’s Minister for Higher Education and Scientific Research, Ashraf El Shihy, highlighted the core role of ADEA in fostering education, training and development in Africa.