Nigeria will feature significantly in the 2019 Africa Investment Forum scheduled to take place in Johannesburg, South Africa this November, business leaders and government heard at a roadshow event held in the capital Abuja.
The 29th Oversight Committee (OC) meeting of the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund held at the headquarters of the African Union Commission in Addis Ababa, Ethiopia, ended with calls for increased investments to accelerate the closure of Africa’s infrastructure gap.
AfDB announces EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI)
The African Development Bank (AfDB) announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa.
Africa’s regional integration gains momentum at African Development Bank Group Annual Meetings in Malabo
“If we get integration right, Africa can develop with dignity and confidence,” African Development Bank President Akinwumi Adesina told journalists at a press conference to herald the Bank’s 2019 Annual Meetings, due to open Tuesday in Malabo, Equatorial Guinea.
South Africa: African Development Bank Group Supports Skills Development in Eskom’s Medupi Power Plant
The Medupi Leadership Initiative and the Eskom Contractors Academy are projects supported by the African Development Bank through its funding for skills development in line with the operational needs during the plant’s set up.
Equatorial Guinea will host the Bank’s 54th Annual Meeting, from 11-14 June 2019, under the theme ‘Regional integration for Africa’s economic prosperity.’
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the roll out of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia.