Tag:African Development Bank (AfDB)

Renewable Energy

Clean energy projects: Fund achieves first close at €130m

The Africa Renewable Energy Fund II (AREF II) has achieved its first close at €130 million, according to a statement from the African Development...

Michael Simire - June 18, 2021

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COVID-19: G7 institutions, partners to recover, grow Africa with $80bn

The G7 Development Finance Institutions (DFIs), the International Finance Corporation (IFC), the private sector arm of the African Development Bank (AfDB), European Bank for...

Michael Simire - June 14, 2021

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AfDB’s fund ranks second for devt assistance quality – Report

The African Development Fund (AfDF) has been ranked second among 49 international agencies for the quality of its development assistance, according to the Quality...

Michael Simire - May 30, 2021

Agric & Biotech

Africa to double agricultural productivity as $17bn is pledged to increase food security

A coalition of multilateral development banks and development partners has pledged over $17 billion in financing on Friday, April 30, 2021 during a high-level...

Michael Simire - April 30, 2021

Climate Change

Leaders’ Summit on Climate: Adesina says Africa is ‘ground zero’ of crisis

African Development Bank (AfDB) President, Dr. Akinwumi A. Adesina, on Thursday, April 22, 2021 joined 40 heads of state and government at the Leaders’...

Michael Simire - April 23, 2021

Climate Change

African presidents, global leaders support climate change adaptation action for continent

In what looks like a historic and united show of solidarity for a continent that contributes only 5% to global emissions, more than 30...

Michael Simire - April 7, 2021

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Green banks play major role in climate-resilient development in Africa, says report

A study has shown that a combination of green banks working alongside National Climate Change Funds (NCCF) has the potential to scale private investment...

Michael Simire - April 6, 2021

Agric & Biotech