African Development Bank

AfDB invests US$5m to deliver clean cooking technologies

5 hours ago

AFRICA – The African Development Bank has approved a US$5 million investment in the SPARK+…

African youth agripreneurs bags US$120k in prizes from AfDB

1 week ago

AFRICA – The African Development Bank’s AgriPitch competition has awarded US$120,000 in prizes to African…

Uganda to construct power submarine cable in Lake Victoria

1 month ago

UGANDA – Uganda’s Ministry of Energy and Minerals development is set to construct the first Lake…

Shelter Afrique signs MoU with Chinese construction firms to scale up development of affordable housing

2 months ago

KENYA – Pan-African housing development financier Shelter Afrique has signed a Memorandum of Understanding (MoU)…

Global Center on Adaptation opens Africa office to boost fight against climate change

2 months ago

AFRICA – The Global Center on Adaptation, a global body that works towards creating a…

West African Economy could contract by as much as 4.3% amid raging COVID19 pandemic- AFDB says

5 months ago

WEST AFRICA – The African Development Bank has released its updated economic outlook for the…

Youths in West Africa hold the key to economic success post-COVID-19 era – AFDB

5 months ago

WEST AFRICA— The African Development Bank in its 2020 regional economic outlook for West Africa…

Libya secures US$480,000 from AfDB to support COVID-19 national response plan

5 months ago

LIBYA – The government of Libya has secured US$480,000 in grant funds from the African…

ARC Ltd funds Madagascar with US$2.13m to cover anticipated losses in case of crop failure

5 months ago

MADAGASCAR – The Government of Madagascar has received US$2.13 million from the African Risk Capacity…

Ethiopia secures US$165M in grant funds from AfDB to bolster COVID-19 emergency response efforts

5 months ago

ETHIOPIA – The government of Ethiopia has secured a grant of US$165.08 million from the…