African Development Bank (AfDB) and the International Monetary Fund (IMF) experts have stressed the urgency of mobilizing climate financing for Africa during a panel discussion on the African Development Bank’s 2022 African Economic Outlook.
Tag: African Development Bank
1D1F: Akufo-Addo commissions Premium Foods factory
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Thursday, 17th June 2021, commissioned the new factory of Premium Foods Limited, a company operating under Government’s 1-District-1-Factory initiative.
Cancel Africa’s debt – Akufo-Addo to world leaders
The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, has called for the restructuring of the global financial architecture so it could respond better to the needs of Africa.
Free trade bloc can be a game changer for African people and business – Trade Expert
Exploring strategies to deepen private sector participation in the implementation of the African Continental Free Trade Area (AfCFTA) was the highlight of a panel session during the 2021 WTO Aid-for-Trade Stocktaking meeting. The African Development Bank, the United Nations Industrial Development Organization (UNIDO) and International Trade Centre (ITC) organized the session held on Wednesday 24 March. […]
Mauritius, Morocco join AfDB Bloomberg African Bond Indices
The African Development Bank today announced the addition of two new countries – Mauritius and Morocco – to its Bloomberg African Bond Indices (ABABI), marking a steady progress in the Bank’s efforts to deepen the continent’s local currency bond market. The African Development Bank administers the ABABI, a family of African bond indices launched in […]
AfDB Board approves Bank’s borrowing program for 2021
The 2021 Borrowing Program of the African Development Bank has been approved by the Board of Directors for up to $10.4 billion to be raised from capital markets.
AfDB approves $7m to fund mini-grid investment in Africa
The Board of Directors of the African Development Bank have approved a US$7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry. The Africa Mini-Grid Market Acceleration Programme (AMAP), which aims to boost energy […]
Post COVID-19: Put small-scale traders at the heart of any initiative – Industry experts
Industry experts meeting this week for a virtual discussion focused on resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, underscored the importance of putting small scale traders at the heart of any initiatives. The joint webinar, organized on Tuesday by the African Development Bank (AfDB) and Korea Customs Service […]
African Development Bank wins global award for COVID-19 bond issue
The African Development Bank has been selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for its $3 billion dollar-denominated Fight COVID-19 social bond issued on March 27, 2020. The winners of the GlobalCapital Bond Awards 2020 were announced on September 30, 2020, at a ceremony […]