President Akinwumi A. Adesina pushes for a New Deal on Energy for Africa and Binding Agreement at COP21
Speaking to a delegation of Ministers representing more than 40 nations spanning the globe in Paris on Sunday, the President of the African Development Bank, Akinwumi Adesina, pushed for a New Deal on Energy in Africa to solve Africa’s energy crisis.
AfDB and Japan sign bilateral agreement for sixth Private Sector Assistance Loan
On September 8, 2015, the African Development Bank (AfDB) and the Government of Japan signed the sixth private sector assistance loan under the joint initiative titled Enhanced Private Sector Assistance (EPSA) for Africa. The loan, worth JPY 35.88 billion, equivalent to USD 300 million, is intended to support private sector operations in Africa.
AfDB SME Program: Enhancing inclusive growth and job creation in Rwanda
The African Development Bank Group (AfDB) and Access Bank Rwanda Ltd. signed a loan agreement for the equivalent of US $6 million under the Africa SME Program on September 3, 2015 to support small and medium enterprises (SMEs) in Rwanda.
Zanzibar celebrates safe rural water with the African Development Bank
The President of Zanzibar, on his tour of the island archipelago, has praised the Isles Ministry for the improvements to the lives of the islanders, made possible by the African Development Bank’s Rural Water Supply and Sanitation Initiative (RWSSI) program.
Fund for African Private Sector Assistance grant agreement of US $947,625 to support young entrepreneurs in Côte d'Ivoire
On September 4, 2015 in Abidjan, the African Development Bank (AfDB) signed a Fund for Africa Private Sector Assistance (FAPA) grant agreement of US $947,625 (558.970 million CFA francs) with the General Confederation of Côte d'Ivoire Businesses (CGECI) to support and develop young entrepreneurs in Côte d'Ivoire.
The grant agreement was signed by the AfDB Vice-President Responsible for Infrastructure, the Private Sector and Regional Integration, Solomon Asamoah, and CGECI President Jean Kacou Diagou.
