The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) designed to provide an Official Development Assistance (ODA) loan to the tune of 73.601 billion Japanese Yen (approx. US $700.9 million). The loan… Read More ›
AfDB
AfDB supports Namibia’s Agriculture Sector
The African Development Bank Group (AfDB) is supporting Namibia’s Agriculture Sector with the approval of One Billion South African Rands (*ZAR 1 billion) loan to finance the country’s Agricultural Mechanisation and Seed Improvement Project (NAMSIP). The NAMSIP was approved by… Read More ›
The AfDB and the European Commission signs Agreements to Co-Finance Road Projects in West Africa
The African Development Bank (AfDB) and the European Commission on Monday 27 November 2017 signed five co-financing agreements to support road infrastructure projects in West Africa. The total cost of the 5 projects co-financed by the Bank and… Read More ›
AfDB salutes Nigeria’s laudable efforts on economic recovery and diversification
The African Development Bank (AfDB) has congratulated Nigeria’s House of Representatives for constituting a Tactical Committee on Economic Recession to guide innovative legislative actions by the House and the National Assembly to return the economy to a path of growth… Read More ›
Cameroon makes significant strides in social services and infrastructure, new AfDB report shows
As the most robust economy in Central Africa, Cameroon, has in the past decade taken steps to further boost growth, making major advances in providing health, education, and clean water, and launching an ambitious infrastructure investment programme to become a… Read More ›
The frontier for climate resilience begins with smallholder farmers
Tackling climate change in Africa will work effectively if efforts are first geared towards eliminating challenges faced by smallholder farmers across the continent, experts say. The problem of climate change and how it has affected the continent’s agriculture sector was… Read More ›
French President Macron appoints AfDB’s Vanessa Moungar to new Presidential Council for Africa
The President of France, Emmanuel Macron, has appointed Vanessa Moungar, the African Development Bank’s Director for Gender, Women and Civil Society, to his Presidential Council for Africa. Vanessa Moungar and President of the African Development Bank Group, Dr. Akinwumi Adesina… Read More ›