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“City of darkness” no longer – AfDB supported electricity project lights...

The African Development Bank's $38 million Juba Power Distribution System Rehabilitation and Expansion Project is almost completed according to a release by...

AfDB: ‘Apply climate change lessons to COVID-19 pandemic’

Exclusive interview with Dr Anthony Nyong, the Director for Climate Change and Green Growth at the African Development Bank.

COVID-19 and climate change – AfDB

The Virtual African Utility Week and POWERGEN Africa takes place online all week with world-class speakers.
regional projects

AfDB debars Sinotec Company Ltd for fraudulent practices

The 36-month cross-debarment of Chinese-based Sinotec Company Limited relates to fraudulent practices for tenders in Rwanda, Uganda and Kenya.
regional projects

AfDB rebuts claims that it plans to provide financial support to...

The African Development Bank has become aware of an inaccurate news article stating that the institution plans to provide financial support to the East African Crude Oil Pipeline Project.
Africa Day

No country to be left behind, AfDB unveils $10bn facility

The AfDB has announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic.
regional projects

AfDB approves Gender Equality Trust Fund and Risk-Sharing Mechanism

The African Development Bank has approved a Gender Equality Trust Fund aimed at pushing forward gender equality and women’s empowerment in Africa.

AfDB wins industry gong for pioneering 2019 social bond issue

The African Development Bank has received an award for its successful one billion Norwegian krone social bond issued in 2019.
Financial Modeler

AfDB launches record breaking $3bn ‘Fight COVID-19’ Social Bond

The AfDB has raised an exceptional $3bn in a three-year bond to help alleviate the impact that Covid-19 pandemic will have on Africa’s economies and society,

AfDB approves $200m Trade Finance Risk participation agreement

The Board of Directors of the African Development Bank (AfDB) have approved a $200m Trade Finance Risk participation agreement between Sumitomo Mitsui Banking Corporation Europe and the AfDB.

Nigeria: AfDB to provide sustainable energy solutions

The AfDB and the Government of Nigeria have launched the National Electrification Project, to address critical energy access deficits by channelling private sector investments into mini-grid and off-grid solutions.
water access

Namibia aims for 100% water access by 2030, acquires AfDB support

Namibia has set out plans for the production and transfer of water resources to improve access to potable water and for agricultural and industrial use.

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