13-Nov-2013
Burkina Faso receives $11.5 million to increase forest carbon sequestration and reduce rural poverty
With African Development Bank (AfDB) support, Burkina Faso has received an $11.5 million grant from the Climate Investment Funds’ (CIF) Forest Investment Program (FIP) to undertake the Gazetted Forests Participatory Management Project for REDD+ to create critically needed transformation of 12 of...
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, November 13, a US $65-million equity investment package in the Africa Renewable Energy Fund (AREF) comprised of US $25 million from its statutory resources, US $35 million from the Sustainable Energy Fund for...
The African Development Bank, the Government of Rwanda and development partners launched the 2013 African Economic Outlook (AEO) on November 6 in Kigali, underscoring the role of Africa’s agricultural, mining and energy resources in supporting the continent’s economic growth and advancements in...
12-Nov-2013
Liberia set to transform its renewables sector with $50 million climate fund endorsement
With African Development Bank (AfDB) backing, Liberia has garnered support for a far-reaching renewable energy investment plan with $50 million from the Climate Investment Funds (CIF) Program to Scale up Renewable Energy in Low Income Countries (SREP). Endorsement of the Liberian investment plan...
The three mills were to complement each other in meeting the nation’s demand for paper and paper products. The Nigerian Newsprint Manufacturing Company Limited, (NNMC), (now OKIPP Limited) was incorporated in 1975 as a private limited liability company to produce 100,000 metric tons of finished...
01-Nov-2013
Governments cannot fund $93 billion alone
Public-private partnerships, sustainable development and mutually beneficial frameworks defined the final plenary on the last day of the three-day African Economic Conference (AEC) on regional integration.
The “Trans-boundary Management of Regional Public Goods and Natural Resources” plenary was...



