AfDB board approves €22 million loan to support Egypt’s electricity sector
The African Development Bank’s (AfDB) board of directors approved on Wednesday a €22 million ($24.75 million) loan…
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African Development Bank
AfDB approves $500,000 in emergency coronavirus pandemic aid for Egypt
The African Development Bank (AfDB) on Wednesday said its board of directors approved $500,000 in emergency…
AfDB launches $10 billion coronavirus aid to help Africa governments, private sector
The African Development Bank (AfDB) has on Friday launched a $10 billion facility to help governments and private…
AfDB says Egypt’s economy to grow 5.8% in 2020, 6% in 2021
Egypt’s economy is forecast to strengthen to 5.8 percent in 2020 and to 6 percent in 2021, the African Development…
AfDB Oks $22 mln loan to expand SME, corporate leasing financing in Egypt
The African Development Bank (AfDB) approved on Wednesday a $22 million senior loan to help Egyptian corporate…
African Development Bank organises conference in Sharm El-Sheikh
The Red Sea resort city of Sharm El-Sheikh will host the 14th African Economic Conference on 2-4 December.
Zimbabwe to clear World Bank, AfDB arrears in 12 months; says FinMin
Zimbabwe seeks to clear its $2 billion arrears with the World Bank and African Development Bank (AfDB) in the next…
Egypt receives final third of $1.5bn loan from African Development Bank
The final $500 million tranche was received by Egypt as part of a $1.5 billion African Development Bank (AfDB) loan…
AfDB to send Egypt $500 mln final tranche in January
Egypt to receive the third and final $500 million tranche of a $1.5 billion African Development Bank (AfDB) loan in…
AfDB delegation in Egypt ahead of review for final loan payout
A high-level delegation from the African Development Bank (AfDB) has arrived in Egypt to prepare for a review…