Saturday 28 January 2023

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Multilateral development banks call for new focus in sub-Saharan Africa

Unanimous call for urgent focus on the private finance sector to help recovery and response after tough 2020.

AfDB gives $118m for irrigation and electricity projects in Ethiopia

Grants given to two projects, one to boost the economy and the other a new Ethiopia-Djibouti energy connection.

South Korea backs AfDB with $600m for energy projects

New co-financing deal will focus primarily on renewable energy across Africa.

AfDB and EBRD collaborate on African development gap

Two banks plan to catalyse investment amid $2.5tn funding shortfall.

Cross-border Kazungula Bridge opens

African Development Bank celebrates major Botswana-Zambia collaboration.

Egypt’s largest solar plant gets $114m finance boost

Multi-funder financing package signed to construct largest private solar plant in Egypt. The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International...

AfDB invests $530m to connect Angolan electricity grids   

Transmission line will link northern renewable surplus to diesel-dependent south. The African Development Bank has committed more than half a billion dollars to the construction of a 343 km, 400 kV...

AFDB backs €250m sanitation and energy programmes in Egypt

New financing packages agreed by African Development Bank. The African Development Bank Group has agreed two new financing packages to invest in Egyptian sanitation and...
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