The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
04/04/2019 - The refurbishment of the old Saint Louis power station has brought a breath of fresh air to those working at and living in the north west of Mauritius. Renovation of the machinery has addressed the electricity supply shortages, thanks to financial assistance from the African Development Bank.
01/03/2019 - The Bank’s regional governors from southern Africa gathered yesterday to consider and discuss the work of the African Development Bank in the past year, following detailed presentations by the Bank’s senior management and an opening speech of welcome by Bank President Akinwumi Adesina.
The African Development Bank and MCB Capital Markets are pleased to invite you to the launch of the African Domestic Bond Fund (ADBF), the first multijurisdictional sovereign fixed income Exchange Traded Fund on the continent.
27/06/2018 - Africa investor (Ai), the international investment and communications group, and Africa50, the pan-African infrastructure investment platform, co-hosted the fourth Ai CEO Infrastructure Project Developers Summit on June 18 in Mauritius.
20/06/2018 - Though the majority of African countries have developed relatively robust institutional frameworks for the regulation of their electricity sectors, much work remains in strengthening regulatory independence, says the Electricity Regulatory Index for Africa (ERI) – a crucial new report by the African Development Bank.
The African Development Bank will on 20 June 2018 launch its flagship Electricity Regulatory Index (ERI) – a special report that measures the level of development of the regulatory frameworks in African countries and examines their impact on the performance of their respective electricity sectors.
11/12/2017 - Thousands of small and medium enterprises in Mauritius will benefit from a US $100-million loan to the country from the African Development Bank.
The Bank approved the loan through its public sector window to MauBank Holdings Ltd. in Mauritius to expand its SME business across sectors and foster private sector investments in a wide range of sectors, such as manufacturing, trade, agriculture, aquaculture, ICT and transport. The facility will promote inclusive growth in the country.
27/10/2016 - The Deep Ocean Water Applications (DOWA) project in Mauritius supported by the Sustainable Energy Fund for Africa (SEFA) marked a new milestone last week by welcoming the largest marine engineering platform of its kind – ‘Joseph Plateau’ – in Port Louis. The vessel will carry out detailed offshore marine surveys to introduce an innovative low carbon technology that lowers building cooling costs using cold ocean water – a first of its kind in Africa.
25/11/2015 - The African Development Bank has moved ahead on finalizing the first Africa Visa Openness Index. The Index ranks African countries on the level of openness/restrictiveness of their visa regimes. Its aim is to drive visa policy reforms across Africa, simplify visa application procedures and encourage positive reciprocity.
25/06/2014 - The Board of Directors of the African Development Bank (AfDB) approved on 25 June, 2014 a US$ 116.7 million loan to the Mauritius Central Electricity Board (CEB), the state owned electricity utility, for the redevelopment of the Saint Louis Power Plant. The Saint Louis Power Plant Redevelopment Project, which has a total cost of US$ 129.7 million, aims to increase the firm generating capacity of the CEB so as to maintain reliability of supply, reduce environmental impacts and stabilize the electricity supply.