The African Development Bank (AfDB) formally signed on Wednesday, May 27 in Abidjan, Côte d’Ivoire, in the prelude of the 50th AfDB Annual Meetings, a USD 100 million unfunded Risk Participation Agreement (RPA) with FirstRand Bank S.A. which the two banks will share the default risk on a...

How can the African Development Bank (AfDB) best promote agriculture sector and agriculture infrastructure projects in Africa? What kind of policies and financing tools can incentivize investments in this sector? What roles do the public and private sectors and alternative resource mobilization;...

.more_iteration {display: none;} Context Abidjan, a city carved in two  The Ébrié Lagoon divides Abidjan in two. On the north bank stand the residential neighbourhoods of Cocody, Deux-Plateaux and Riviera, home to several hundred thousand people. To the south lie the port, the...

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...

Enhancing partnerships with a view to boosting private sector as the driving force for sustainable and inclusive growth in Africa is one of the main priorities for the African Development Bank’s Private Sector Department (OPSD) and the International Finance Corporation (IFC). For this reason,...

On a global scale, Africa is not flagged as a major emitter of the greenhouse gases. However, the continent is becoming the most exposed region in the world to the impacts of climate change. The African Development Bank (AfDB) Ten Year Strategy (2013-2022) “At the Center of Africa’s Transformation...

The African Development Bank (AfDB) is an implementing agency for the Global Environment Facility since 2008. The relatively young portfolio has 28 projects over 30 countries on the continent according to the 2014 AfDB and GEF annual report released on Monday, May 4. The portfolio size...

Executive Directors of the African Development Bank Group (AfDB) have endorsed the Bank’s Botswana Country Strategy Paper (CSP) 2015-2019; which provides a framework for the Bank Group support to Botswana during the period to enable the country achieve inclusive sustainable growth. The Bank’s...