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Ivoire Hydro Energy scoops top prize at second West Africa Forum for Clean Energy Financing awards
18-Sep-2015 - Etty Ekolan Alain is the winner of the top prize at the second West Africa Forum for Clean Energy Financing (WAFCEF2).Ten finalists shortlisted for Second West Africa Forum for Clean Energy Financing awards
17-Sep-2015 - The Second West Africa Forum for Clean Energy Financing (WAFCEF2) awards, in which entrepreneurs showcase their projects in the area of clean and renewable energy, opened Thursday, September 17 at the African Development Bank headquarters in Abidjan. The Forum provides finalists with an opportunity to present their projects to financiers and investors.
AfDB Unveils “New Deal on Energy for Africa”
17-Sep-2015 - The African Development Bank Group (AfDB) unveiled its landmark initiative to solve Africa's huge energy deficit by 2025 at a High Level Stakeholder Consultative Meeting attended by business and political leaders at its headquarters in Abidjan on 17 September 2015. The “New Deal on Energy for Africa,” which charts the way for a transformative partnership on energy focuses on mobilizing support and funding for the initiative from five key areas.African Development Bank Provides Support for Safe City Water and Sewage Treatment in Tanzania
17-Sep-2015 - The African Development Bank Group (AfDB) has approved a loan of US $211-million to help address the urgent need for improved water and sanitation in the city of Arusha in Tanzania. The sum represents 90% of the cost of the Tanzanian Government program to alleviate the threat of major environmental and health issues and improve the quality of life for Arusha inhabitants.AfDB approves US$ 121 million for electricity expansion to rural households in Uganda
16-Sep-2015 - The African Development Bank (AfDB) Group Board approved on 16 September 2015 a US$ 121 million loan and grant to help Uganda’s government improve access to electricity for rural households, businesses and public institutions to ultimately improve the livelihoods, economic opportunities and access to social services in rural communities. The Bank Group allocated a US$ 100-million loan and an additional €10.205 million grant mobilized by the AfDB from the Sustainable Energy for All (SE4All) window of the EU-Africa Infrastructure Trust Fund (EU...
First AfCoP Steering Committee takes stock of progress of US $12.6-million project
15-Sep-2015 - Members of the African Community of Practice (AfCoP) Steering Committee met on September 14 in Abidjan to review performance and provide strategic guidance on the African Development Bank-executed AfCoP project.The African Development Bank and Partners host Energy Week in Abidjan
15-Sep-2015 - The African Development Bank (AfDB) is hosting and co-organizing Energy Week, a series of events, including high-level discussions and partnerships focusing on lighting up and powering Africa, and unlocking the continent’s huge energy potential. Energy Week runs from Monday, September 14 to Friday, September 18 in Abidjan.President Akinwumi A. Adesina pushes for a New Deal on Energy for Africa and Binding Agreement at COP21
10-Sep-2015 - Speaking to a delegation of Ministers representing more than 40 nations spanning the globe in Paris on Sunday, the President of the African Development Bank, Akinwumi Adesina, pushed for a New Deal on Energy in Africa to solve Africa’s energy crisis.AfDB approves US $22-million grant to break “triangle of thirst” in West Kordofan, Sudan
10-Sep-2015 - The African Development Bank Group (AfDB) on Wednesday, September 9 committed a grant of US $22-million to finance water and sanitation facilities in the West Kordofan State of Sudan and a country-wide Institutional Capacity Development Program. More than 130,000 people (69,000 women) in the rural areas of West Kordofan State are targeted beneficiaries. Water supply points will also benefit approximately 730,000 heads of livestock.AfDB SME Program: Enhancing inclusive growth and job creation in Rwanda
09-Sep-2015 - The African Development Bank Group (AfDB) and Access Bank Rwanda Ltd. signed a loan agreement for the equivalent of US $6 million under the Africa SME Program on September 3, 2015 to support small and medium enterprises (SMEs) in Rwanda.
AfDB and Japan sign bilateral agreement for sixth Private Sector Assistance Loan
09-Sep-2015 - On September 8, 2015, the African Development Bank (AfDB) and the Government of Japan signed the sixth private sector assistance loan under the joint initiative titled Enhanced Private Sector Assistance (EPSA) for Africa. The loan, worth JPY 35.88 billion, equivalent to USD 300 million, is intended to support private sector operations in Africa.
Fund for African Private Sector Assistance grant agreement of US $947,625 to support young entrepreneurs in Côte d'Ivoire
04-Sep-2015 - On September 4, 2015 in Abidjan, the African Development Bank (AfDB) signed a Fund for Africa Private Sector Assistance (FAPA) grant agreement of US $947,625 (558.970 million CFA francs) with the General Confederation of Côte d'Ivoire Businesses (CGECI) to support and develop young entrepreneurs in Côte d'Ivoire. The grant agreement was signed by the AfDB Vice-President Responsible for Infrastructure, the Private Sector and Regional Integration, Solomon Asamoah, and CGECI President Jean Kacou Diagou.Zanzibar celebrates safe rural water with the African Development Bank
04-Sep-2015 - The President of Zanzibar, on his tour of the island archipelago, has praised the Isles Ministry for the improvements to the lives of the islanders, made possible by the African Development Bank’s Rural Water Supply and Sanitation Initiative (RWSSI) program.Facing the future: The significance of Intended Nationally Determined Contributions for AfDB in a post-2020 climate agreement
03-Sep-2015 - The briefing note about Intended Nationally Determined Contributions (INDCs) is the first briefing note of an AfDB-Climate Change series heading to COP21.SEFA awarded “Power Transaction of the Year” for Jumeme rural energy supply project in Tanzania
02-Sep-2015 - The Sustainable Energy Fund for Africa (SEFA) was awarded “Power Transaction of the Year” by the East African Power Industry for its role in financing the development of an independent solar hybrid mini-grid project in rural Tanzania. The prize was received at the awards gala on August 27 during its annual convention which gathered about 1,200 industry leaders and professionals in Nairobi, Kenya.The African Development Bank announces expansion of its African Bond Index
02-Sep-2015 - Botswana and Namibia join index family bringing transparency to most liquid African bond markets The African Development Bank (AfDB) through the African Financial Markets Initiative (AFMI) launched its AfDB/ AFMISM Bloomberg® African Bond Index (ABABI) in February 2015. Calculated by Bloomberg Indices, the composite index is currently comprised of the Bloomberg South Africa, Egypt, Nigeria and Kenya local currency sovereign indices and will be joined from October 2015 by Botswana and Namibia.SE4All: AfDB supports four more African countries in the development of their Action Agenda and Investment Prospectuses
01-Sep-2015 - Through the SE4All Africa Hub, the African Development Bank (AfDB) is now supporting the development of the SE4All Country Action Agenda and Investment Prospectuses in four new countries: Angola, Democratic Republic of Congo, Malawi and Zimbabwe, along with Kenya, Tanzania and Rwanda, which are already supported.