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Congo: New data centre funded by African Development Bank will cement national and subregional digital sovereignty

Financed by the African Development Bank, the futurist building will soon be the nerve centre for storing and processing the digital data of the Republic of Congo ABIDJAN, Ivory Coast, May 17, 2024/ — Jolting hammer blows, the sounds of iron bars under a workman’s blowtorch, the odor of fresh cement: at the foot of […]

Congo: New data centre funded by African Development Bank will cement national and subregional digital sovereignty Read More »

Over 200,000 farmers to benefit from IFAD, ADB initiative to boost dryland farming in Indonesia

  Over 200,000 farmers to benefit from IFAD, ADB initiative to boost dryland farming in Indonesia   Rome/Jakarta, 29 November 2023: The UN’s International Fund for Agricultural Development (IFAD) and the Government of Indonesia signed a new initiative aimed at transforming dryland farming to make it more climate-resilient and profitable, bolstering the livelihoods of over

Over 200,000 farmers to benefit from IFAD, ADB initiative to boost dryland farming in Indonesia Read More »

Gender in Focus: African Development Bank’s Digital Ambassadors Program training boosts Senegalese entrepreneur business performance, service to community

The program, which aims to achieve a 50/50 gender balance, is expanding digital skills to African youth – especially in rural communities – through a peer-to-peer training model ABIDJAN, Ivory Coast, March 30, 2023/ — Senegalese entrepreneur Fatou Diouf is one of 1,000 youth selected from 21,000 applicants for the African Development Bank’s (www.AfDB.org) Digital

Gender in Focus: African Development Bank’s Digital Ambassadors Program training boosts Senegalese entrepreneur business performance, service to community Read More »

Kenya: African Development Bank approves $30 million Trade & Small and Medium Enterprises (SME) Finance Facility for Family Bank Limited

The facility is expected to boost intra-Africa trade, promote regional integration and contribute to the reduction of the trade & SME finance gap in the East African nation ABIDJAN, Ivory Coast, March 21, 2023/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $30 million Trade & SME Finance

Kenya: African Development Bank approves $30 million Trade & Small and Medium Enterprises (SME) Finance Facility for Family Bank Limited Read More »

United Nations Refugee Agency (UNHCR), African Development Bank conduct joint mission to Central African Republic (CAR) on durable solutions for refugees and internally displaced persons

The representatives met with national authorities and development partners working alongside the people of the Central African Republic to consolidate progress toward a lasting peace ABIDJAN, Ivory Coast, March 1, 2023/ — Representatives of the African Development Bank (www.AfDB.org) and the United Nations Refugee Agency have conducted a joint visit to Central African Republic to explore

United Nations Refugee Agency (UNHCR), African Development Bank conduct joint mission to Central African Republic (CAR) on durable solutions for refugees and internally displaced persons Read More »

African Development Bank Group and Japan sign exchange of notes for $350 million private sector assistance loan to finance Bank’s private sector operations

The loan agreement, to the tune of JPY 44.1 million or $350 million, carries an interest rate of 0.11 % and a repayment period of 30 years, with a grace period of 10 years ABIDJAN, Ivory Coast, February 21, 2023/ — The African Development Bank (www.AfDB.org) and Japan have signed an exchange of notes for

African Development Bank Group and Japan sign exchange of notes for $350 million private sector assistance loan to finance Bank’s private sector operations Read More »

The African Development Bank Group (AfDB), Islamic Development Bank (IsDB) join forces to boost Africa’s health defense systems through the pharmaceutical industry

“Through partnerships we go further, increase development effectiveness, harness our synergies” – AfDB VP Solomon Quaynor   JEDDAH, Kingdom of Saudi Arabia, February 17, 2023/ — The African Development Bank Group (www.AfDB.org) and the Islamic Development Bank have signed a joint partnership action plan for the development of the pharmaceutical industry sector within their African

The African Development Bank Group (AfDB), Islamic Development Bank (IsDB) join forces to boost Africa’s health defense systems through the pharmaceutical industry Read More »

São Tomé and Príncipe: African Development Fund extends a USD 10.7 Million Grant to Support SMEs in Agriculture and Tourism

The project aims to improve the business environment by removing specific bottlenecks that hinder private sector-led growth ABIDJAN, Ivory Coast, October 11, 2021/ — The Board of Directors of the African Development Fund approved on Wednesday in Abidjan, a grant of US $ 10.7 million to São Tomé and Príncipe for the implementation of the

São Tomé and Príncipe: African Development Fund extends a USD 10.7 Million Grant to Support SMEs in Agriculture and Tourism Read More »

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