EnvironmentAfDB Approves $500,000 for Uganda’s Flood, Landslide Emergency Response
The African Development Bank Group (AfDB) has approved a $500,000 grant to support Uganda’s emergency response to recent floods and landslides, targeting...
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20 articles tagged with #afdb
Environment
newsFertilizer Financing Project to Benefit 400,000 Smallholder Farmers in Uganda
The Africa Fertilizer Financing Mechanism (the Mechanism) will launch the Fertilizer Financing for Sustainable Agriculture Management Project on August 30,...
AfricaUganda Hosts African Finance Ministers for Climate Finance Mobilisation Summit
At a crucial meeting of African finance ministers held in Kampala, the African Development Bank emphasized the urgent necessity for increased private sector...
AfricaUganda Unveils Circular Economy Roadmap with African Development Bank Support
Uganda has taken a major step towards creating a circular economy to drive sustainable growth and green industrialization in line with its Vision 2040 national...
AfricaItaly Announces $6 Billion Initiative to Deepen Ties with Africa
The government of Italy unveiled a near US$6 billion plan to support African development at a one-day Italy-Africa summit in Rome. African Development...
AfricaAfrican Development Bank Champions Home-grown Solutions to Africa’s Debt Challenges
The African Development Bank Group is facilitating the establishment of the African Debt Managers Initiative Network (ADMIN), which will bring together experts...
AfricaAfDB Revises Economic Forecast for Africa Downwards amid Continued Global Shocks
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%, from 4.0%...
AfricaU.S., African Development Bank Collaborate to Accelerate Africa’s Digital Transformation
The U.S. Commercial Service and the African Development Bank announced a new strategic collaboration in a move to drive digital transformation across...
AfricaAfrica Investment Forum Secures $34.82 Billion in Investor Interest
The Africa Investment Forum's 2023 Market Days generated $34.82 billion in investment interest for infrastructure, agriculture, health, and creative industry...
AfricaAfrica Investment Forum Champions Sports as Key African Economic Growth Sector
Sports will take center stage at the 2023 Africa Investment Forum Market Days, which started Wednesday, November 8, and will end on Nov.10 in Marrakech,...
EnvironmentAfrica Advised to Rethink Natural Resources Management to Avoid Adverse Socio-economic Consequences
Africa needs to rethink how it manages its natural resources to avoid adverse socio-economic consequences that could hamper sustainable development on the...
AfricaAfDB, Google Collaborate on Digital Transformation in Africa
The African Development Bank and Google today formalized cooperation aimed at advancing digital transformation in Africa. The parties signed a Letter of Intent...
AfricaAfDB, S. Korea Ink $28.6m in Grant Deals to Support Africa’s Development
The African Development Bank and the Government of Korea on Wednesday signed two agreements for financial support to boost Africa’s development agenda. The...
AfricaAfDB’s Sustainable Energy Fund Secures $50 million from Germany, USA
The African Development Bank's Sustainable Energy Fund for Africa (SEFA) welcomed approximately $50 million in new funding contributions...
EnvironmentAfDB Commits $1 Billion to Boosting Access to Climate Finance for Africa’s Youths
African Development Bank President Akinwumi Adesina announced a new $1 billion facility to accelerate climate financing for Africa’s youth businesses. The...
AfricaAfDB’s FIMES Project Marks Success in Bolstering Transitional Economies
In a successful effort to propel transitional African economies towards stability and growth, the African Development Bank’s Financial Modelling for the...
AfricaRenewable Energy Offers Africa’s Best Opportunity to Achieve SDGs - Experts
Africa must increase investment in developing its renewable energy and attract greater support from the private sector and international financial institutions...
AfricaAfDB Steps up Action to Save Thousands of Children at Risk of Dying Before Fifth Birthday
At least 216 million African children suffer from stunting and malnutrition. In sub-Saharan Africa, malnutrition is the second leading cause of death among...
businessAfDB to Fund EAC Infrastructure, Value Chain Development to Spur Regional Integration
The African Development Bank (AfDB) has committed to supporting East African countries to accelerate structural transformation, reinforce resilience, and...
AfricaAfDB Approves $11.7m to Fund Access to Fertilizers for African Farmers
The Board of Directors of the African Development Bank on 16 May 2023 approved a $11.7 million budgetary allocation to the African Fertilizer Financing...