“The relevance of private sector role in delivering innovative health care to the poorest people, with the view to achieving global goal,” was underscored at a side event organized today in Addis-Ababa, Ethiopia by the Bill and Melinda Gates Foundation.
Themed: “Keeping Health affordable-...
The third international conference on Financing for Development opened on 13 July 2015 in Addis Ababa, Ethiopia. The opening plenary meeting was opened by the UN General Secretary, Ban Ki-moon. The African Development Bank (AfDB) was represented by Mrs. Geraldine Fraser-Moleketi, its Special Envoy...
10-Jul-2015
AfDB takes leading role in raising funds for AFIG Fund-II, A Multinational Private Equity Fund
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, July 8, 2015 an equity investment of up to USD 45 million in Atlantic Coast Regional Fund LLC II (or “AFIG Fund II”), a 10-year USD 300 million multi-sector private equity fund that focuses on West, Central and...
The Board of Directors of the African Development Bank (AfDB) approved on Friday, July 10, 2015 a two-year €100-million Soft Commodity Finance Facility for Sucres & Denrées Côte d’Ivoire (Sucden CI), a wholly owned subsidiary of Sucden SA in France. This facility will help Sucden CI to expand...
On July 10, 2015, the Board of Directors of the African Development Bank approved the six-year Strategy of the African Natural Resources Center (ANRC). The Strategy is intended to operationalize the Center by spelling out the Center’s strategic approach to assisting governments in their...
10-Jul-2015
AfDB supports growth potential of African midcap private sector through AfricInvest Fund III
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, July 8, 2015, an equity investment of €20 million to the AfricInvest Fund III. Among the well-established and impactful African private equity funds, AfricInvest is one of the longest standing and successful funds...
The Board of Directors of the African Development Bank (AfDB) approved on Thursday, July 9, 2015 a line of credit amounting to ZAR 4.5 billion (about US $450 million) to Development Bank of Namibia (DBN) to finance projects in key priority sectors in the country including infrastructure,...
The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support to Technical Vocational Education and Training (TVET) for Relevant Skills Development project.
“Kenya is...
Côte d’Ivoire’s President Alassane Ouattara headed a top-level line-up of political and business leaders on Tuesday, June 30 in Abidjan to launch the African Energy Leaders Group (AELG) in West Africa, with concrete plans to drive sector reforms and a pipeline of bankable investment projects for...