News & Events
21/12/2017 - The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a grant of US $ 995,000 to Asticom Kenya Ltd., to support the construction of a 10 megawatt (MW) grid-connected municipal waste-to-energy (WTE) plant.
The grant will fund the cost of conducting a full environmental and social impact assessment, detailed engineering designs, and provide project-related legal advisory services, as well as financial/transaction advisory services.
21/12/2017 - The Board of Directors of the African Development Bank has approved an equity investment of US $15 million in Catalyst Fund II, a second-generation private equity fund investing in mid-market companies in East Africa.
14/12/2017 - As African governments seek to leverage their mineral resources strategically for broad, inclusive development – in alignment with the Africa Mining Vision—the need for strong and sustainable legal capacities in the extractive industry is more important than ever. This fact made the graduating ceremony of the African Mining Legislation Atlas (AMLA) cause for even greater celebration. The ceremony, which represented the apogee of a 10-day workshop, was held on December 12 and attended by the 39 participating students and representatives of all the supporting institutions, including the African Legal Support Facility (ALSF), Strathmore University, Strathmore Extractives Industry Centre, Extractives Baraza, and the World Bank.
28/11/2017 - The Management Board of the African Legal Support Facility (ALSF) met in Abidjan last week and reviewed the Facility’s work during the past year. The Board also addressed institutional matters and established priority plans for 2018.
23/11/2017 - The Board of Directors of the African Development Bank Group (AfDB) today approved US$10 million equity investment in Phatisa Food Fund2 (PFF2) to boost agriculture and nutrition across Africa.
21/11/2017 - The African Development Bank (AfDB) has called for bold actions to improve connectivity, market access, and cost reduction in Africa’s aviation sector.
07/11/2017 - The long-standing partnership between the African Development Bank (AfDB) and the Government of Kenya to promote inclusive and sustainable economic growth has produced excellent results. One of the most prominent fruits of this partnership is the eight-lane ultra-modern expressway which most Kenyans affectionately refer to as the “Nairobi–Thika Superhighway”.
12/09/2017 - The Government of Kenya has expressed delight with the African Development Bank Group as a major partner in the country’s development agenda.
The Cabinet Secretary for the Ministry of Foreign Affairs of the Republic of Kenya, Ambassador Dr. Amina Mohammed, made the commendation when Nnenna Nwabufo presented her letter of accreditation as the African Development Bank’s Country Manager on August 22.