The African Development Bank (AfDB) and Egypt, on May 29 in Abidjan, signed two loans and a letter of agreement. The two loans are worth US $140 million – US $90 million from the AfDB window and US $50 million loan from the Africa Growing Together Fund (AGTF). The letter of agreement concerned a...
The Governments of Togo and Burkina Faso, on May 29 in Abidjan, signed a protocol agreement worth 2.34 million Units of Account (UA)* with the African Development Bank (AfDB) to fund the Multinational Togo-Burkina Faso road rehabilitation and transport facilitation on the Lomé-Cinkanse-Ouagadougou...
Africa-India Partnership Day was one of the major events of the 2015 African Development Bank Annual Meetings. Jointly organized on May 27 in Abidjan by the AfDB’s Private Sector Department and the Export-Import Bank of India, it brought together financiers, sponsors, contractors, researchers and...
21-May-2015
Zambia - Lusaka Sanitation Program – Climate Resilient Sustainable Infrastructure - ESMF Summary – 05 2015
Zambia loses 1.3 percent of GDP due to public health impacts of poor sanitation (Water and Sanitation Program, 2012), which results in child malnutrition, illness and premature death. The economic burden of inadequate sanitation falls most heavily on the poor who are most likely to have inadequate...
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, April 29, 2015, a USD 50 million investment in CEC Africa Investments Limited, a multinational power company headquartered in Nigeria and Zambia. CEC Africa (CECA) seeks to acquire and develop distribution and...
A roundtable comprising trade experts in the public and private sectors met in Nairobi, Kenya, recently to discuss the Continental Free Trade Area (CFTA) as a catalyst to Africa’s economic development.
The May 7 event was organized by the African Union Commission, the World Economic Forum and...
Lors de sa réunion hebdomadaire, le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé, le 29 avril 2015, un Projet d’appui au pôle de croissance de Bagré (PAPCB), au Burkina Faso. Montant de l’aide octroyée à ce projet, qui sera déployé sur cinq ans...
06-May-2015
AfDB showcases initiatives for addressing climate change at Africa Climate Resilient Infrastructure Summit
The first Africa Climate Resilient Infrastructure Summit (ACRIS I), which concluded on April 29, 2015 in Addis Ababa, Ethiopia, offered an opportunity for the African Development Bank to showcase its Climate Safeguard System (CSS). It aligns with the Bank’s Ten-Year Strategy 2013-2022, whose...
The government of Senegal, through a national strategy, has adopted policy and regulatory measures to spur the development of the ICT sector. The national ICT Strategy encourages the creation of enabling environment for investment and universal access to ICTs by all people. It further aims to...