Sudan boosts pledge as Africa seeks $25b for development fund
Sudan has boosted its pledge to the African Development Fund’s upcoming replenishment, committing $3 million,…
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African Development Bank (AFDB)
GAFSP unveils $75 million investment to boost agricultural MSMEs
The Global Agriculture and Food Security Program (GAFSP) has introduced a $75 million investment window aimed at…
AfDB approves €70 million financing for Bank of Africa
The African Development Bank (AfDB) approved financing of 70 million euros ($78.3 million) for Morocco's Bank of…
WHO, partners offer $1.5b to world vulnerable communities
The World Health Organization (WHO), in partnership with several multilateral development banks (MDBs), has…
AfDB allocates €92.3m for entrepreneurship, jobs in Tunisia
The African Development Bank (AfDB) has approved a €92.3 million financing package to support Tunisia's Support…
AfDB forecasts Algeria’s GDP to grow by 4.0% in ’24, 3.7% in ’25
The African Development Bank (AfDB) forecasts Algeria’s gross domestic product (GDP) will grow by 4.0 per cent in…
World Bank, AfDB to provide electricity for 300m Africans by ’30
The World Bank Group and African Development Bank (AfDB) have launched an initiative to provide electricity to 300…
AfDB approves $1b loan for S. Africa’s Transnet
The African Development Bank (AfDB) has approved a $1 billion loan for South Africa's Transnet to support the…
AfDB launches initiative to map women’s associations
The African Development Bank (AfDB) launched a project to map 160 women entrepreneurs' associations across 16…
Egypt secures $131m from AfDB
Egypt's Ministry of International Cooperation recently signed an agreement with the AfDB worth $131 million to…
