Burundi’s largest electricity substation, a 160 megavolts facility in Rubirizi, financed by the African Development Bank Group (www.AfDB.org) and the European Union, will increase the… Read More »Burundi’s Largest Electricity Substation, Co-Financed By The African Development Bank Group, Will Increase National Electricity Access By Seven Percent
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $10 million junior equity investment in the KawiSafi (www.KawiSafi.com) II Fund… Read More »African Development Bank Group’s Sustainable Energy Fund For Africa Approves $10 Million Contribution To KawiSafi II Clean-Energy Fund
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a grant funding of $8.6 million to South Sudan to advance the second… Read More »African Development Bank Group Approves $8.6 Million Grant To Boost Non-Oil Revenue Mobilization In South Sudan
The African Development Bank Group (www.AfDB.org) concluded its 2024 Annual Meetings with a reinforced mandate from its shareholders, allowing it to better align with the… Read More »African Development Bank Group Concludes 2024 Annual Meetings With Enhanced Mandate And Capital Boost To $318 Bn
New alliance aims to enable digital access for 100 million individuals and businesses in Africa over next decade. Mastercard and the African Development Bank Group have launched the Mobilizing Access to… Read More »Mastercard Accelerates Commitment To Digital Transformation In Africa
The funding, approved on June 6, 2023, was provided by the European Union (EU) under its partnership with the African Development Bank Group The Board… Read More »Kenya: African Development Bank Group Board Okays Funds To Support Women And Youth In Agribusiness
The works entail the immediate rehabilitation of 265 km of MGR tracks between Malaba and Mukono, including the line to Jinja Pier and Port Bell… Read More »Uganda: African Development Bank Group Commits $301 Million To Renovate The Country’s Meter Gauge Railway And Bolster Regional Trade
The Bureau reiterates that it agrees that the Ethics Committee of the Boards of Directors performed its role on this matter in accordance with the… Read More »Communique Of The Bureau Of The Boards Of Governors Of The African Development Bank Group Following Its Meeting Of 4th June 2020 Regarding The Whistle-blowers’ Complaint Against The President Of The Bank
– Shareholding follows investment of US$50 million in AFC’s equity by AfDB– AfDB becomes the second investment-grade Supranational Finance Institution to join the membership of… Read More »African Development Bank Group Becomes A Shareholder In Africa Finance Corporation
