News & Events
20/12/2017 - The African Development Bank is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the US $ 5 billion Nacala corridor rail and port project.
The Bank will support the project with US $ 300 million from its Private Sector Window.
13/12/2017 - To help speed up travel and transportation in Namibia, the Board of the African Development Bank has approved a loan of ZAR 2,000 million (US$ 153 million) to the Government of Namibia to upgrade a 210km stretch of railway in the west of the country. The support will also finance the upgrade of a section of the road from the capital, Windhoek, to its international airport.
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.
07/12/2017 - Senegal’s new International Blaise Diagne Airport (AIBD), a 525 million euro infrastructure masterpiece, co-financed with the African Development Bank, opened on Thursday. The airport confirms the Bank’s commitment to Africa’s air transportation development, and a strategic component of the High 5 agenda to integrate Africa.
- From: 10/12/2017
- To: 14/12/2017
- Location: Swakopmund, Namibia
The 2017 Programme for Infrastructure Development in Africa Week (PIDA Week) will take place from 10 to 14 December in Swakopmund, Namibia on the theme, “Regional infrastructure development for job creation and economic transformation.”
29/11/2017 - The African Development Bank (AfDB) and the European Commission on Monday 27 November 2017 signed five co-financing agreements to support road infrastructure projects in West Africa.
23/11/2017 - The African Development Bank Group’s Board of Directors has approved a loan of €180 million to the Republic of Cameroon to finance the first phase of the government’s Competitiveness and Economic Growth Support Programme (PACCE).
22/11/2017 - The International Air Transport Association (IATA) and the African Development Bank (AfDB) have signed a memorandum of understanding (MoU) to establish a framework for collaboration to boost the aviation sector in Africa.