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AfDB launches $2 billion Global Benchmark

The African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a $2bn 3-year Global Benchmark bond due 16 September 2022.
results-based financing

Sahel countries confirm commitment to the Desert to Power initiative

AfDB's desert to power initiative targets to providing10,000MW of solar-generated electricity to 250 million people across the Sahel.

Innovative thinking marks Africa jobs manifesto

Innovative thinking about Africa’s conventional employment issues is what marks the AfDB's new policy research document launched this month.

AfDB, is the first development bank to win procurement award

The AfDB has been recognised with a silver award for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS).
Africa Investment Forum

Meet the head of Africa Investment Forum

AfDB's Akinwumi Adesina announced the appointment of Chinelo Anohu as head and senior director of the Africa Investment Forum.

AfDB funds road and water supply projects in Somalia

AfDB signed two grants for $28.8 million for road and water supply projects to improve livelihoods in Somalia and boost resilience.

AfDB visits Japan to continue dialogue between leaders

A high-level AfDB delegation is set to join global leaders at the 7th Tokyo International Conference on African Development, TICAD7 this week.
women in energy

Supporting women in business initiative secures $251m

French President Emmanuel Macron and G7 leaders have approved a package totalling $251m in support of the AfDB’s AFAWA initiative to support women entrepreneurs in Africa.

Adesina highlights funding gap for African women at G7 Summit

President of the AfDB, Akinwumi Adesina, attended a G7 Summit session where he announced the Affirmative Finance Action for Women in Africa initiative.
private equity

Private sector key to address Africa’s energy challenge

The private sector is a key solution provider to the energy challenge that faces Africa, says CEO of the South African Electrotechnical Council.
European Commission

African countries are reaping the benefits of AfDB $13bn investment

The AfDB has invested an estimated $13bn in Southern Africa since 2012, which is delivering strong results across countries, according to the Bank’s President.

Clean Technology Fund confirms $20m for the Facility for Energy Inclusion

The Clean Technology Fund, a multi-donor trust fund within the Climate Investment Funds, approved $20 million for the Facility for Energy Inclusion.

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