23-Sep-2014
Nigeria microfinance: USD 5 million line of credit to benefit 1,500 entrepreneurs and create 2,500 new jobs
Abidjan, September 18, 2014 – The Board of Governors of the African Development Bank Group (AfDB) through its private sector window approved on September 18, 2014 a USD 5 million line of credit (LOC) equivalent in Naira (NGN) to AB Microfinance Bank Nigeria.
AB Microfinance Bank Nigeria (...
23-Sep-2014
AfDB advocates for stronger private sector engagement in broadband development in Africa
New York, September 22, 2014 – On the margins of the UN Climate Summit taking place in New York on September 23, representatives from the African Development Bank were invited to speak at the 10th Meeting of the Broadband Commission for Digital Development on September 21. The Commission is an...
The Sustainable Energy Fund for Africa (SEFA) approved a US $950,000 grant for the development of the WINDIGA 20 MW Solar PV power plant in Burkina Faso. The SEFA project preparation grant will support outstanding advisory activities required for financial close, including support...
Abidjan, Côte d’Ivoire - At its meeting on 17 September 2014, the Board of Directors of the African Development Bank Group (AfDB) approved a request for a US $24.85 million loan to Angola. The loan will support the country's efforts to diversify its economy, develop the private sector, create...
18-Sep-2014
AfDB approves US $144 million for projects and programmes in Mali, Angola and Burkina Faso
Abidjan, Côte d’Ivoire – Executive Directors of the African Development Bank Group (AfDB) met in Abidjan on Wednesday, September 17, 2014, and approved five projects worth US $144.4 million for Mali, Angola and Burkina Faso.
€16.8 million for the diversification of Moulin Moderne du Mali M3...
16-Sep-2014
Japan-AfDB sign bilateral agreement to promote entrepreneurship and job creation in Africa
The African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA) signed on September 16, 2014 a bilateral agreement for a loan to the AfDB of 30.69 billion Japanese yen (about US $ 307 million). This is the fifth loan to the AfDB under the Enhanced Private Sector Assistance...
15-Sep-2014
AfDB with other MDBs strongly committed to accelerating action to address climate change
Abidjan, Côte d’Ivoire, September 11, 2014 – The African Development Bank will participate in the UN Secretary-General’s Climate Summit on September 23, 2014. The Summit will provide a platform for the world leaders from governments, private sector and civil society to make bold announcements...
12-Sep-2014
The AfDB and Japan sign $300-million loan agreement to support the private sector in Africa
Abidjan, September 15, 2014 – On September 12, 2014, The African Development Bank (AfDB) and Japan signed a concessional loan for US $300 million to support the private sector in Africa. The AfDB was represented by its President, Donald Kaberuka, and Japan by its Ambassador in Côte d’Ivoire,...
Au cours d’une séance de travail, le 11 septembre 2014 à Abidjan, le président de la Banque africaine de développement(BAD), Donald Kaberuka, s’est réjoui de l’approche proactive des investisseurs privés pour l’Afrique et leur a demandé de s’investir davantage pour soutenir la croissance que l’...