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Tag:African Development Bank (AfDB)

AfDB announces $1bn to boost access to climate finance for Africa’s youths

African Development Bank (AfDB) President, Akinwumi Adesina, has announced a new $1 billion fund to accelerate climate financing for Africa’s youth businesses. The additional financing...

Guinea, AfDB sign $28m loan agreement for agropastoral development

The African Development Bank Group (AfDB) has signed an agreement with the transitional government in Guinea for a $28 million loan to support agropastoral...

Climate finance: AfDB invests $20m in Pembani Remgro Infrastructure Fund II

The Board of Directors of the African Development Bank (AfDB) has approved a $20 million investment in the Pembani Remgro Infrastructure Fund II in Côte...

AfDB joins MDBs to publish principles for assessment of Paris Agreement alignment

The African Development Bank (AfDB) and other multilateral development institutions have released a set of principles to ensure climate financing aligns with the goals...

AfDB provides Benin Republic €164m loan to tackle urban flooding

The African Development Bank (AfDB) has awarded Benin a total loan of €164.25 million to improve urban service delivery and build resilience to flooding...

AfDB approves $7.88m grant to boost renewable energy in Africa

The African Development Bank (AfDB) Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for...

AfDB approves $115m loan to Abia for road rehabilitation, erosion control, solid waste management

The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of $115 million to support a major road rehabilitation...

USAID, Power Africa, AfDB broaden cooperation on fighting energy poverty, climate change in Africa

The United States Agency for International Development (USAID), through the Power Africa Presidential Initiative, and the African Development Bank (AfDB), have signed an extension...

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COP29 deal: Not most ambitious outcome, but provides a base on which to build – Guterres

In his COP29 closing statement, UN Secretary-General, António Guterres, says he had hoped for a more ambitious outcome, but...
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COP29 agrees to triple public finance to developing countries, protecting lives and livelihoods 

The UN Climate Change Conference (COP29) closed on Sunday, November 24, 2024, with a new finance goal to help...

Concern as COP29 fails to deliver sufficient climate finance for developing countries

The UN climate talks ended on Saturday night in Baku, Azerbaijan, following two weeks of intense negotiations, whose primary...

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COP29 deal: Not most ambitious outcome, but provides a base on which to build – Guterres

In his COP29 closing statement, UN Secretary-General, António Guterres,...

COP29 agrees to triple public finance to developing countries, protecting lives and livelihoods 

The UN Climate Change Conference (COP29) closed on Sunday,...
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