Press Releases
Displaying 3801 - 3820 of 5337
African Renewable Energy Fund (AREF) launched with $100m committed capital and anchor investments from AfDB and SEFA
13-Mar-2014 - Fund to be headquartered in Nairobi Eddie Njoroge member of Fund Investment Committee The African Renewable Energy Fund (AREF), a dedicated renewable energy fund focused on Sub-Saharan Africa closed on Wednesday, March 12, 2014 with US $100 million of committed capital to support small- to medium-scale independent power producers (IPPs).AfDB to focus on Africa’s next 50 years at 2014 Annual Meetings in Kigali
13-Mar-2014 - The African Development Bank Group will look towards the next half century and what it hopes to achieve on the continent during its 2014 Annual Meetings in Kigali, Rwanda.AfDB prices SEK 1 billion Green Bond due March 2019
10-Mar-2014 - On Thursday, March 6, 2014, the African Development Bank (AfDB) launched its second Swedish Krona (SEK) Green Bond transaction. Coming after its inaugural SEK 5-year Green Bond in floating rate format, AfDB took advantage of the strong positive momentum and demand created from the first deal to follow up with another SEK 1 billion 5-year transaction – this time in fixed rate format.AfDB Board approves Country Strategy Papers for Tunisia and Namibia
07-Mar-2014 - The Board of Directors of the African Development Bank on Wednesday, March 5, 2014 in Tunis approved the Bank’s Country Strategy Papers (CSPs) for Tunisia and Namibia that would guide its operations in the countries concerned in the coming years.0.875% US$ 1.0 Billion Benchmark due 15 May 2017
07-Mar-2014 - Issuer: African Development Bank (AfDB) Rating: Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) Issue amount: USD 1.0 billion Pricing Date: 05 March 2014 Settlement Date: 12 March 2014 (T+5) Coupon: 0.875% (semi-annual) Maturity:15 May 2017 Reoffer Price: 99.866% Reoffer Yield: 0.918% (semi-annual) Re-offer vs. Mid-Swaps: + 1.0 bp Re-offer vs Benchmark: 0.625% February 2017 +22.85 bpAfDB Prioritizes Job Creation and Infrastructure Development in Kenya Country Strategy Paper
06-Mar-2014 - The Board of the Africa Development Bank Group (AfDB) on Wednesday, March 5, 2014 approved the Country Strategy Paper (CSP) for Kenya, which articulates the Bank’s priority areas of support to Kenya from 2014-2018.
AfDB launches country-focused Development Effectiveness Review in Dakar
05-Mar-2014 - Results show Senegal at the forefront for public-private partnerships in infrastructure
‘Rights and revenue’ – unveiling Africa’s hidden treasure by Geraldine J Fraser-Moleketi
04-Mar-2014 - Global notions of ‘North’ and ‘South’ may mercifully be the polarities of the past, but consider this contrast: how is it that enough men in ‘the North’ worry out loud that they are somehow ‘finished’, while here in the South it is painfully clear to almost all of us that women have barely started?
Kaberuka in Central Africa: The AfDB will support Gabon’s social and economic development
28-Feb-2014 - Upon his arrival in Libreville on Wednesday, February 26 for a two-day working visit, African Development Bank Group (AfDB) President Donald Kaberuka was received by the President of the Republic of Gabon, Ali Bongo Ondimba, before going on to meet Gabonese businessmen.AfDB Approves US $30 Million Loan for Rehabilitation of Oku Iboku Paper Mill in Nigeria
27-Feb-2014 - Plans to resuscitate Oku Iboku Pulp and Paper Mill in Akwa Ibom and Cross River States in Southeastern Nigeria were concretized on Wednesday, February 26, 2014 in Tunis, where Executive Directors of the African Development Bank approved a US $30-million loan to finance the rehabilitation project. The Oku Iboku Pulp and Paper Project (OKIPP) entails rehabilitation and upgrade of an integrated pulp and paper mill which makes newsprint and related papers in the two Nigerian states.
AfDB President on visit to Congo: “The AfDB believes strongly in regional projects”
27-Feb-2014 - It was in Congo that Donald Kaberuka, President of the African Development Bank (AfDB) Group, began his official visit to Central Africa, on February 24, 2014. Scheduled for four days, the visit concludes in Libreville, Gabon, on February 27.Ghana electricity distribution network to be reinforced and extended with AfDB support
26-Feb-2014 - In response to the significant increase in the demand for electricity in Ghana as a result of the fast growing urbanization and robust economic growth in the country, the Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday, February 26 in Tunis a US $30.47 million grant and a US $43.9 million loan to the Republic of Ghana to reinforce and extend the country’s electricity distribuAfDB facilitates private sector finance for climate-readiness in Niger, Mozambique and Zambia
26-Feb-2014 - Over US $30 million in concessional funds has been made available for innovative private sector projects that seek to improve climate change adaptation or readiness in Niger, Mozambique and Zambia. This financing is part of the Pilot Program for Climate Resilience (PPCR), a financing window of the Climate Investment Funds (CIF).
Donald Kaberuka in Central Africa to further AfDB cooperation with the Congo and Gabon
24-Feb-2014 - African Development Bank (AfDB) President Donald Kaberuka is paying an official visit to Brazzaville in the Republic of the Congo and Libreville in Gabon from February 24 to 27, 2014 to reiterate the Bank’s commitment to continue and further cooperation with both countries.Souk At-Tanmia, 61 entrepreneurs d’avenir, 5 lauréats et un bilan prometteur
24-Feb-2014 - Jeudi 20 février 2014 au Palais des Congrès de Tunis, le Partenariat “Souk At-Tanmia” a organisé une cérémonie qui a réuni de nombreux participants, mêlant partenaires, bénéficiaires, collaborateurs et acteurs de l’écosystème de l’entreprenariat en Tunisie.
AfDB debates issues thwarting private sector development
21-Feb-2014 - Some of Africa’s leading business people say Africa should put more effort into building up infrastructure and agriculture; ensuring people have access to finance; guaranteeing women’s education; and creating a greater role for private equity and venture capital to ensure the continent’s economic development.Djibouti : la Facilité africaine de l’eau aide à accroitre l’accès à l’eau des communautés pastorales de Saday
20-Feb-2014 - La Facilité africaine de l’eau (FAE) a participé, le 29 janvier 2014, à la cérémonie de lancement des travaux de construction d’infrastructures destinées à mobiliser de l’eau à des fins domestique et agricole à Saday. Au terme du projet, plus de 100 000 personnes auront ainsi un meilleur accès aux ressources en eau. Outre son soutien technique, la FAE avait accordé, en janvier 2008, un don de 2 millions d’euros au gouvernement de la République de Djibouti pour soutenir ce projet.AfDB - SEK 1,000,000,000 Floating Rate Note due February 2019
20-Feb-2014 - Transaction Highlights: