11/08/2017 - Over its 50-year history, the African Development Bank (AfDB) has financed over 450 transport projects, changing the lives of close to 450 million people across Africa. Roads, port, airport, and railway projects are all included on a map published as part of the fiftieth anniversary of the first project financed by the Bank, a road project in Kenya, in 1967.
11/08/2017 - Experts from Zambia reviewed and approved the Learning Assessment Systems Evaluation Framework (LASEF) at a meeting convened by the Association for the Development of Education in Africa (ADEA) on 10 and 11 July in Lusaka, Zambia.
11/08/2017 - Le Fonds des énergies durables pour l’Afrique ( SEFA, en anglais), hébergé par la Banque Africaine de Développement, vient d’approuver un don de 975 000 dollars EU en faveur de la République du Togo afin de lui permettre de démarrer le projet « CIZO » consacré à l’électrification rurale hors-réseau par kits solaires domestiques en mode PAYGO.
11/08/2017 - The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US$ 695,500 grant to NEO I SPV Pty Ltd., a subsidiary of OnePower Lesotho Pty Ltd., to support the preparation of a bankable business case for the development of the winning project of the 2016 Lesotho 20 MW solar PV tender, foreseen to become the first utility-scale solar PV project in Lesotho.
09/08/2017 - Global rating agency, Standard and Poors has affirmed its AfDB’s 'AAA/A-1+' Ratings with Outlook Stable. This is similar to Fitch’s recent affirmation of the Bank’s Triple 'A' rating with Stable Outlook as well.
09/08/2017 - Leading global rating agency Fitch Ratings has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at 'AAA' with a Stable Outlook and its Short-Term IDR at 'F1+' (best quality grade, indicating exceptionally strong capacity to meet its financial commitments).
04/08/2017 - The 2nd Japan-Africa Business Forum was held in Tokyo on 25-26 July 2017 on the theme ‘Investment and Business Opportunities with Africa’. The Forum was organized by the Bank’s Asia External Representation Office and African Diplomatic Corps (ADC) in Tokyo, in collaboration with Japan International Cooperation Agency (JICA), Japan External Trade Organization (JETRO) and United Nations Industrial Development Organization (UNIDO).
04/08/2017 - Fitch Ratings has affirmed the African Development Bank's (AfDB) Long-Term Issuer Default Rating (IDR) at 'AAA' with a Stable Outlook and Short- Term IDR at 'F1+'. A full list of rating actions is at the end of this rating action commentary.
04/08/2017 - The construction of a new terminal at Ghana’s flagship airport – Kotoka International Airport – is expected to make the country a destination of choice with a yearly target of 5 million passengers.
02/08/2017 - The Directorate of Technical Cooperation in Africa (DTCA) of Nigeria’s Ministry of Foreign Affairs and the African Development Bank (AfDB) celebrated the completion of the first life cycle of the Nigeria Technical Co-operation Fund (NTCF) in a ceremony in Abuja on 1 August 2017.