Italy, AfDB sign €400-m climate finance deal
Italian state lender Cassa Depositi e Prestiti (CDP) and the African Development Bank (AfDB) have signed a €400…
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The African Development Bank (AFDB)
AfDB grants $6.6m to boost Somalia’s financial architecture
The African Development Bank (AfDB) approved on Tuesday a $6.6 million grant to bolster Somalia's capacity to build…
AFDB secures $151m for African Horn climate resilience
The Green Climate Fund has approved $151 million in financing for a major resilience program led by the African…
Malawi receives $11.2m for El Niño drought relief
Malawi received an $11.2 million insurance payout from the African Risk Capacity (ARC) Group and the African…
$213.4b needed annually for Africa’s climate finance – AfDB
$213.4 billion annually is required from private sources to bridge Africa's climate financing gap by 2030, stated…
AfDB withdraws international staff from Ethiopia over Oct. unlawful arrest
On Wednesday, the African Development Bank (AfDB) announced its decision to withdraw its international staff from…
AfDB provides $1 bln loan to South Africa’s energy transition
The African Development Bank (AFDB) Group’s Board has agreed on Saturday to a $1 billion guarantee programme with…
