Browsing: AfDB

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 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.