AfDB Extends Kes. 7.3 Billion Fertilizer Subsidy to Kenya.
According to the AfDB, the loan will help Kenya significantly boost cereal and oil seeds production over the next two ...
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Tag: African Development Bank
AfDB Launches Initiative to Build Financial Acumen of African Cities.
The program by The African Development Bank (AfDB) will get underway in September 2022; 10 municipalities will participate.
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Nearly 20 Kenyan Firms Blacklisted by the World Bank and AFDB Over Fraud
Nearly 20 Kenya-based companies have been blacklisted by the World Bank and the African Development Bank (AfDB), in less than ...
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AfDB Forecasts East Africa’s Economic Growth to Rise to 4.1% in 2021.
East Africa's economic growth is projected to rise to 4.1 per cent in 2021, up from 0.4 per cent in ...
Read moreDetailsA Report by AFDB Shows Kenya, Nigeria, Egypt and South Africa Account for About 80% of Investments in Africa
According to a report titled Entrepreneurship and Free Trade Volume II by the African Development Bank(AFDB), Egypt, Nigeria, Kenya and ...
Read moreDetailsAFDB Approves $50 Million Trade Finance Risk With Standard Chartered Bank
The African Development Bank Group (AfDB) board has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility ...
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UK Partners With Other G7 Countries to Invest $80 Billion in Africa’s Private Sector
The UK, other G7 countries and multilateral partners are set to invest $80 billion in the private sector across Africa. ...
Read moreDetailsAFDB Approves $140 Million Loan to Tanzania
The African Development Bank Group and the Government of Tanzania have signed loan agreements totalling $140 million to finance the ...
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AfDB Ranked as the World’s Best Multilateral Financial Institution for 2021
The African Development Bank has been ranked as the world’s Best Multilateral Financial Institution for 2021 by the world-renowned American ...
Read moreDetailsM-Kopa and Pula Advisors receive Kes.142 Million Grant From AfDB
The African Development Bank (AfDB) has approved two grants for research that will increase African women’s access to a range ...
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African Development Bank Unveils $50 Million Facility for Renewable Energy Players
In addition to providing immediate relief and recovery support, the platform will lay the foundation for a green and inclusive ...
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Kenya’s Mhogo Foods and Two Nigerian Start-Ups Bag AfDB AgriPitch Competition
In addition to receiving seed funding prizes and post-competition mentoring, AgriPitch winners will be invited to the AYAF online DealRoom, ...
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Mozambique’s Central Bank Leaves Benchmark Rate Unchanged Despite Rising Inflation
Earlier this month BOM proposed investing more than half of the country's estimated lifetime revenue of $96 billion from the ...
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KCB Emerges Top Bank in East Africa; Safest in Kenya in Survey
The Bank was recognized amongst 14 African banks in the list that consisted of banks from 112 countries globally. KCB ...
Read moreDetailsAFDB Approves $45.07 Million for COVID-19 Emergency Response for Malawi
The budget support intervention, will help boost the Malawi National COVID-19 Preparedness and Response Plan that has been developed with ...
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IFC – World Bank Group and African Development Bank join Nasdaq Sustainable Bond Network
The African Development Bank established its Social Bond framework in 2017 and has raised the equivalent of $5.5 billion through ...
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