AfDB Pumps $5.52M into West Africa’s Tax Revolution
The African Development Bank Group (AfDB) has thrown a financial lifeline to tax authorities across West Africa. The bank signed a $5.52 million grant agreement with the West African Tax ...
Tag: AfDB
AfDB Greenlights $3.9 Million Initiative to Electrify 300 Million Africans by 2030
The African Development Bank (AfDB) has approved a $3.9 million technical assistance package aimed at transforming electricity access commitments into tangible connections across 13 African nations, marking a critical step ...
AfDB, Arab Coordination Group Launch New Partnership to Boost Africa’s Development Financing
The African Development Bank Group (AfDB) and the Arab Coordination Group (ACG) have launched a renewed phase of strategic partnership aimed at scaling up co-financing, mobilizing private capital, and accelerating ...
AfDB President Announces New Framework to Strengthen Regional Development Finance
In a significant move to reshape Africa's development finance architecture, the African Development Bank (AfDB) has announced plans to create a Pan-African Financial Coordination Platform aimed at strengthening collaboration among ...
AfDB Injects $100 Million into EAAIF for Infrastructure Projects
The African Development Bank ( AFDB) has moved to intensify its assault on the continent's crippling infrastructure deficit, approving a $100 million loan facility to the Emerging Africa and Asia ...
AfDB Injects $25 Million into Currency Exchange Fund to Shield African Borrowers from FX Risk
The African Development Bank has made a calculated move to address one of Africa's most persistent financial challenges, announcing a $25 million equity stake in The Currency Exchange Fund that ...
AfDB Approves €100M Loan to Boost Women-Led Farming in Morocco
The African Development Bank (AfDB) announced on Monday its approval of a €100 million ($116.4 million) loan designed to bolster sustainable agriculture initiatives in Morocco, with a particular emphasis on ...
Dr Akinwumi Adesina Joins World Food Prize Foundation’s Council of Advisors
The World Food Prize Foundation has announced the appointment of Dr Akinwumi Adesina, the outgoing President of the African Development Bank (AfDB), to its Council of Advisors. The announcement was ...
World Bank Urges Stronger Partnerships for Africa’s Development
The World Bank has called for deeper, impact-driven collaborations to tackle Africa’s pressing development challenges, emphasizing the need for coordinated efforts to address issues like climate change, health crises, and ...
Sidi Ould Tah Elected New AfDB President, Succeeds Nigeria’s Adesina
Mauritania’s Sidi Ould Tah has been elected the ninth President of the African Development Bank Group (AfDB). The announcement was made Thursday via the Bank’s official website. Tah will officially ...
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