Browsing: AfDB

Fraudulent practices: AfDB debars China Zhonghao Nigeria Limited for 18 months

The pandemic is no time for fiscal distancing. These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic.

AfDB approves $2m to assist WHO reinforces capacity against COVID-19. The Board of Directors of the African Development Bank (AfDB), has approved $2 million emergency assistance for the World Health Organisation (WHO), to reinforce its capacity to help African countries contain COVID-19 pandemic.

AfDB raises $3 bn social bond to combat coronavirus. The African Development Bank (AfDB) has raised three billion dollars three-year bond to help alleviate the economic and social impact of Covid-19 pandemic in Africa. The bank’s Communication and External Relations Department made this known in a statement on Friday.

AfDB approves $500,000 grant for clean energy in Nigeria

AfDB launches US$2bn 1.625% Global Benchmark bond

Japan, AfDB, announce $3.5 billion support for Africa’s private sector development

The African Development Bank’s innovative investment marketplace set up to accelerate investment into the continent, will convene for its second meeting from 11-13 November

AfDB Welcomes EUR40 million Investment from the EC. The African Development Bank  has announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa.

Large Current Account Deficits Remain in SA, Colombia Bucking EM trend