Tag: AfDB
Africa’s $824 billion debt burden and opaque resource-backed loans hinder its...
...The continent would pay $74 billion in debt service payments this year alone, a sharp increase from $17 billion in 2010
WED APRIL 24 2024-theGBJournal|Africa's...
AfDB signs $75 million loan agreement with Indorama Fertilizer and Chemicals
...Part of a $ 1.25 billion facility arranged by IFC
THUR, MAR 28 2024-theGBJournal|The African Development Bank (AfDB) has signed a $75 million loan agreement...
AfDB approves $50 million loan to boost food security in Yobe...
...Yobe State Government will contribute $4.52 million in counterpart funding, and project beneficiaries are contributing $16.82 million
TUE, MAR 26 2024-theGBJournal| The Board of Directors...
Africa dominates list of the world’s 20 fastest-growing economies in 2024,...
...The report shows that the medium-term growth outlook for the continent’s five regions is slowly improving, a pointer to the continued resilience of Africa’s...
AfDB launches new US$2 billion 4.125% 3-year Social Global Benchmark due...
...This new 3-year Social Benchmark is the Bank’s first global benchmark of the year, strategically aligning with the robust reopening of primary markets in...
AfDB, FSDH Merchant Bank sign $20 million trade finance deal to...
Friday, DEC 08 2023-theGBJournal|The African Development Bank (AfDB) has signed a $20 million Trade Finance Facility Agreement with FSDH Merchant Bank to support small-...
Africa could lose $25 billion per year as new EU carbon...
...With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will be forced to export raw commodities...
Africa Finance Corporation signs US$350 Million long-term Line of credit with...
...The financing agreement with AfDB will enable AFC to mobilise additional resources towards continued development of infrastructure projects in its focus sectors
TUE, DEC 05...
North West Governors visit African Development Bank to boost cooperation
...Discussions in Abidjan focused on boosting food production, nutrition and security, as well as innovative ways to unleash the zone’s rich agriculture potential and...
AfDB, partners vote additional $1bn to fund Nigeria’s special agro-industrial processing...
...This is in addition to an initial $520 million voted by the development partners for the development of eight special agro-industrial processing zones in...
