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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

African Development Bank

20 Results / Page 1 of 3

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Africa

Italy and African Development Bank Seal €400 Million Deal

Italian state lender CDP and the African Development Bank signed a €400 million roughly US$420 million co-financing agreement on Thursday to support climate finance, sustainable agriculture, education, and technical assistance. The deal, which was finalized during the AfDB's Africa Investment Forum in Rabat, is part of Italy’s €6 billion Mattei plan aimed at boosting African development.

todayDecember 6, 2024 7

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Oshiwambo

O SADC otayi yambidhidha Samuel Maimbo gwa Zambia onga omuulikwa go African Development Bank

O SADC oya hwahwameke eyambidhidho  lyawo komunongoliko gwa Zambia Samuel Maimbo,methigathano lyuupresitend wo African Development Bank . O Bussiness Live oya lopota kutya eyambidhidho olyeya nonando South Africa uulika omuulikwa hogololwa gwe Swazi Tshabalala. O SADC oyeendulula eyambidhidho  lyawo ku Maimbo metitano,tayi dhenge omuthindo einekelo lyo SADC oku nwethamo ewiliko lyombaanga mu Africa.  

todayOctober 17, 2024 13

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Africa

From humble beginnings to Africa’s development partner of choice: Former and current staff reflect on the African Development Bank’s transformation

    The African Development Bank has kicked off activities to celebrate 60 years of its transformative impact on Africa's development. Since September 1964 when representatives of 25 African countries gathered in Khartoum, Sudan, to agree on the vision for a bank to drive economic development across Africa, it has been a journey of resilience and passion, including a fair share of bumps and bruises. Georges Rigobert Aithnard, the Bank's […]

todaySeptember 11, 2024 22

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Africa

A Day Of Joy As The African Development Bank celebrates 60 Years

    The President of Cote d’Ivoire Alassane Ouattara led celebrations on Tuesday to mark the African Development Bank’s 60th anniversary. “This is an historic milestone and a cause for celebration, but it is also an opportunity to see that the African Development Bank has financed some pivotal infrastructure and helped improve the living conditions of millions of Africans. The Bank is a source of pride and hope for Africa,” President […]

todaySeptember 11, 2024 21

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Africa

Africa’s off-grid solar sector is electrifying global investors

    By Bonface Orucho, bird story agency   Africa’s off-grid solar sector continues to be a magnet for investment, with recent analysis from Africa: the Big Deal emphasizing its growing appeal to investors. Despite a general decline in start-up funding across the continent over the last two years, the industry remains a clear priority for both the social impact and regular investment community. According to Laura Fortes, the senior […]

todayAugust 22, 2024 29

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Business / Economics

9 August 2024 Morning Biz News: Namibia Urged on Borrowing Strategies, South Africa Implements VAT on Imports, Dollar Gains on Jobless Data, Yuan Strengthens Amid Market Volatility

In recent financial developments, the African Development Bank (AfDB) has advised Namibia to implement conservative borrowing strategies and harness the potential of the Namibian Stock Exchange (NSX) and the Government Institutions Pension Fund (GIPF) to bolster developmental capital. This recommendation aims to tackle the country's increasing public debt and enhance financial stability, according to The Brief. In South Africa, a new policy is set to impact the clothing industry significantly. […]

todayAugust 9, 2024 20

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Local

ATIDI underwrites Globeleq’s USD 117 million geothermal power project in Kenya

        Nairobi-based pan-African insurer, African Trade and Investment Development Insurance (ATIDI) has provided a political risk insurance cover for Globeleq's 35 MW Menengai Geothermal power project in Kenya. This support will be extended via the Regional Liquidity Support Facility (RLSF) -  a joint effort by ATIDI, KfW Development Bank, and the Norwegian Agency for Development Cooperation (Norad). It helps renewable energy Independent Power Producers (IPPs). The project, the first to […]

todayJuly 1, 2024 21

Africa

Africa’s green bond market is booming – report

      By Bonface Orucho, bird story agency     Green bonds are experiencing robust growth in Africa as governments, corporations, and financial institutions recognize their potential to fund sustainable projects. A new report shows green bond issuances in Africa jumped 125% last year, hitting US$1.4 billion from US$600 million in 2022. The report, ‘Emerging Market Green Bonds’ by the International Finance Corporation and Amundi, a European asset manager […]

todayJune 3, 2024 25

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Environment

Agriculture Minister attends Clean Cooking Summit in Paris

The Minister of Agriculture, Water, and Land Reform, Minister Calle Schlettwein attended the Clean Cooking in Africa Summit in Paris, where they held talks about "Catalysing Multi-stakeholder Partnerships" during a plenary session. The International Energy Agency, which is a co-host of the summit, said a lack of progress in clean cooking, with nearly four in five Africans still using polluting fuels and traditional stoves remains a concern. Here is Minister […]

todayMay 15, 2024 39

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