21/05/2019 - The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the roll out of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia.
06/05/2019 - Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources.
These findings were revealed at a workshop hosted by the African Development Bank and a high-level delegation from the Ethiopian government.
24/04/2019 - The Agriculture Fast Track Fund (AFT), hosted by the African Development Bank, has announced Us$ 3,390,000 funding for 17 new small and medium enterprises in the agriculture sector as part of its transformative support for food security, income enhancement, job creation, and improving the livelihoods of smallholder farmers in Africa.
27/02/2019 - East African governors of the African Development Bank on Wednesday commended the institution for approving transformative projects valued at $13.8 billion since 2010.
21/02/2019 - The Fashionomics Africa initiative of the African Development Bank, together with the African Union, the AfroChampions initiative, and other institutional partners and private operators, launched the Pan-African Fashion initiative on 9 February during the recent AU meetings in Addis Ababa.
20/02/2019 - The African Development Bank has kicked off a feasibility study to explore the potential of electricity cooperative business models in Nigeria and Ethiopia. The effort is part of the Bank’s goal of achieving universal electricity access across Africa by 2025. Currently, power shortages diminish the region’s GDP growth by 2-4% per year, holding back job creation and poverty reduction efforts.
11/02/2019 - The African Union Commission, the African Development Bank and global partners today launched the Continental Nutrition Accountability Scorecard to raise awareness and reinforce commitments by African governments to help end malnutrition.
08/02/2019 - The Commissioner for Economic Affairs at the African Union Commission, Victor Harison, has described the 2019 African Economic Outlook (AEO) as an important forecast for African policy makers to build their yearly economic projections and planning.
06/02/2019 - More than half of donor-funded food safety initiatives in sub-Saharan Africa are focused on overseas markets, with less than half on domestic consumers, a new report from the Global Food Safety Partnership has found.
19/11/2018 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, has approved additional resources to Ethiopia’s Basic Services Transformation Programme in the form of a US$123- million grant.