Coronavirus: External partners give Guinea US$308 million for pandemic fight

11 august 2020 - 09:17:29
Conakry, Guinea (PANA) - Guinea's financial partners have provided the West African country with US$308.1 million between March and June [...] Full text...

thread Health

AfDB grants CFAF 155.3 billion for Congo-Cameroon interconnection works

10 august 2020 - 16:32:53
Brazzaville, Congo (PANA) - The Congolese Minister of Posts, Telecommunications and the Digital Economy, Léon Juste Ibombo, on Saturday launched [...] Full text...

thread Sciences

Climate financing by leading multilateral development banks tops US$ 61.6 billion

06 august 2020 - 16:18:37
Abidjan, Cote d'Ivoire (PANA) - Climate financing by seven of the world's largest multilateral development banks (MDBs) totalled US$ 61.6 [...] Full text...

thread Environment

Coronavirus: AfDB supports Mauritius

01 august 2020 - 08:20:09
Port-Louis, Mauritius (PANA) - The African Development Bank (AfDB) has provided a COVID-19 Crisis Response Budget Programme of 188 million [...] Full text...

thread Health

Coronavirus: How cryptocurrency can help govts fund COVID-19 stimulus packages (Analysis)

30 july 2020 - 22:13:14
Harare, Zimbabwe (PANA) - “Never spend your money before you have it” is a famous quote from the late third [...] Full text...

thread Economy

Coronavirus: For 20 million Africans first-time access to clean water proves crucial amid COVID-19

29 july 2020 - 16:16:55
Maputo, Mozambique (PANA) - From Mozambique in the south to Morocco in the north, 20 million people in rural and [...] Full text...

thread Health

South African villagers find fresh water in ancient mountain springs (An AfDB Feature)

29 july 2020 - 16:15:46
Abidjan, Cote d'Ivoire (PANA) - The village of Tsakhuma in the Vhembe district of South Africa’s Limpopo region has shown [...] Full text...

thread Society

AfDB project enhances primary, secondary school education in Lesotho - Report

29 july 2020 - 16:14:15
Maseru, Lesotho (PANA) - An educational project in Lesotho, financed by the African Development Bank (AfDB) and implemented between 2008 [...] Full text...

thread Society

AfDB chief Adesina 'completely exonerated' of alleged ethical wrongdoings

28 july 2020 - 08:01:51
Johannesburg, South Africa (PANA) - A much awaited report by an Independent Review Panel has completely exonerated the President of [...] Full text...

thread Economy

Malawi youth foresee bright future, thanks to university education funding from AfDB

27 july 2020 - 18:42:29
Lilongwe, Malawi (PANA) - For many youth in Malawi, achieving a university-level education remains a distant dream due to the [...] Full text...

thread Society

Coronavirus: AfDB approves $53 million grant for COVID-19 response in Gambia, Liberia and Sierra Leone

26 july 2020 - 15:42:02
  Banjul, Gambia (PANA)- The African Development Bank’s Board of Directors has approved a $53.25 million multi-country grant to Gambia, Liberia [...] Full text...

thread Economy

AfDB commits $98 million for multisector COVID-19 response to Rwanda

25 july 2020 - 18:15:07
Kigali, Rwanda (PANA) - The African Development Bank (AfDB) has approved a concessional loan of $97.675 million to Rwanda to [...] Full text...

thread Economy

Coronavirus: US$20 million provided to curb the impact of COVID-19 on refugees and their hosts in the Sahel

23 july 2020 - 19:58:49
Abidjan, Cote d'Ivoire (PANA) - Public health, the wellbeing of refugees and the host communities in the Sahel are the [...] Full text...

thread Health

Coronavirus: AfDB commits US$1.04 million towards two COVID-19 research projects in Angola

23 july 2020 - 17:03:44
Luanda, Angola (PANA) - Funds from the African Development Bank’s ongoing Science and Technology Development Project have been committed towards [...] Full text...

thread Health

Coronavirus: AfDB gives South Africa 5 billion Rands towards COVID-19 response

22 july 2020 - 19:59:20
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Health

Fitch Rating Agency Affirms Triple A (AAA) Rating of the AfDB, with Stable Outlook

21 july 2020 - 16:04:03
Abidjan, Cote d'Ivoire (PANA) - Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term [...] Full text...

thread Economy

COVID-19: AIF founding partners unveil unified response to support Africa’s private sector

20 july 2020 - 12:55:23
Abidjan, Cote d’Ivoire (PANA) - Increased and decisive investment will be the channel for Africa’s economic recovery post COVID-19, partners [...] Full text...

thread Economy

African agricultural insurer hires former AfDB VP Jennifer Blanke

14 july 2020 - 21:48:11
Johannesburg, South Africa (PANA) – The immediate former Vice-President for Agriculture at the African Development Bank (AfDB), Jennifer Blanke, has [...] Full text...

thread Agriculture

Germany grants 150 million euros to Tunisia

14 july 2020 - 16:30:27
Tunis, Tunisia (PANA) - Germany has granted a credit of 150 million euros to support the public sector in Tunisia, [...] Full text...

thread Economy

AfDB to launch 2020 edition of "Regional Economic Outlook in Central Africa"

14 july 2020 - 15:20:14
Abidjan, Cote d'Ivoire (PANA) - The Regional Office of the African Development Bank (AfDB) for Central Africa will Thursday (July [...] Full text...

thread Economy

AfDB invests in empowering women and youth in Madagascar ‎

14 july 2020 - 15:01:05
Antananarivo, Madagascar (PANA) - In Madagascar, the African Development Bank (AfDB) is prioritizing the empowerment of women and youth. The AfDB [...] Full text...

thread Agriculture

AfDB supporting the hospital sector, helping to improve access to quality care in Uganda

14 july 2020 - 14:39:06
Kampala, Uganda (PANA) - The project to improve the quality of health services at Mulago hospital and in the city [...] Full text...

thread Health

Egyptian president, Al-Sisi, wins the Babacar Ndiaye Great Road Builder Award

14 july 2020 - 14:29:05
Abidjan, Cote d'Ivoire (PANA) - Egyptian president Abdel Fattah Al-Sisi was awarded the Babacar Ndiaye Great Road Builder Award, a [...] Full text...

thread Economy

Weather data helps authorities respond to deadly floods in Abidjan

10 july 2020 - 18:11:24
Abidjan, Cote d'Ivoire (PANA) - When torrential rains and flash floods deluged parts of Côte d’Ivoire’s economic capital, Abidjan, an [...] Full text...

thread Environment

Coronavirus: AfDB grants Libya US$0.5 million emergency relief assistance for PPE protection

10 july 2020 - 18:03:38
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) have approved a grant of [...] Full text...

thread Health

COVID-19: Tanzania’s economic growth fastest in Eastern Africa - AfDB Report

10 july 2020 - 12:35:19
Dar es Salaam, Tanzania (PANA) – A new report shows Tanzania’s economy is forecast to grow at 5.2 percent in [...] Full text...

thread Economy

Data-driven advisory services are key for Africa’s agricultural development - AfDB

08 july 2020 - 14:37:13
Abidjan, Cote d'Ivoire (PANA) - What are some of the barriers preventing small farmers in Africa from adopting digital advisory [...] Full text...

thread Agriculture

Coronavirus: Africa’s growth stands to rebound to 3% in 2021 in post-Covid-19, says AfDB

08 july 2020 - 14:25:17
Abidjan, Cote d'Ivoire (PANA) - Africa’s economic growth could rebound in 2021, provided that governments manage the COVID-19 infection rate [...] Full text...

thread Economy

“Empowering Women Entrepreneurs in the Fight Against COVID-19 – The Role of Governments”

08 july 2020 - 13:44:51
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative, in collaboration [...] Full text...

thread Society

AfDB project triples incomes of rural producers and traders in Tanzania

08 july 2020 - 03:41:25
Dar es Salaam, Tanzania (PANA) - An African Development Bank (AfDB) project to enhance market infrastructure, value addition and rural [...] Full text...

thread Economy

Madagascar receives US$ 2 million from ARC to cover drought risks

05 july 2020 - 07:32:56
‎Antananarivo, Madagascar (PANA) - The government of Madagascar has received a cheque of US$2.13 million from the Insurance Company of [...] Full text...

thread Environment

AfDB elevates Kenyan Wambui Gichuri to post of VP Agric, Human and Social Development

05 july 2020 - 07:14:33
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has announced the promotion of Wambui Gichuri to the [...] Full text...

thread Agriculture

AfDB concludes R2 billion investment in Nedbank SDG-linked bonds

03 july 2020 - 15:03:25
Johannesburg, South Africa (PANA) - The African Development Bank (AfDB) Group has concluded the investment of 2billion Rands (about US$116 [...] Full text...

thread Economy

Coronavirus: ADF approves US$165 million grant for Ethiopia's national COVID-19 emergency response

03 july 2020 - 14:52:42
Addis Ababa, Ethiopia (PANA) - The Board of Directors of the African Development Fund (ADF) on 3 July, 2020, approved [...] Full text...

thread Health

AfDB to launch African Economic Outlook 2020 Supplement

02 july 2020 - 16:08:18
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) will launch its African Economic Outlook 2020 Supplement in a [...] Full text...

thread Economy

ADF approves US$9.52 million to enhance coordinated COVID-19 response in East Africa, Horn of Africa and the Comoros

01 july 2020 - 12:40:44
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF) has approved grants totalling US$9.52 [...] Full text...

thread Health

AfDB's Legal Service Department gets new Director

30 june 2020 - 17:16:33
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has announced the appointment of Mr. Souley Amadou as Acting [...] Full text...

thread Economy

Mauritius to intensify fight against corruption

30 june 2020 - 16:42:17
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister, Pravind Jugnauth, on Tuesday told Parliament that the government is committed to shed [...] Full text...

thread Society

“One” WASH program improves well-being of Ethiopia's vulnerable communities - Officials

29 june 2020 - 18:28:35
Addis Ababa, Ethiopia (PANA) - Ethiopia’s ‘One’ model, under which the government runs its Water, Sanitation and Hygiene ( WASH [...] Full text...

thread Environment

AfDB Private Sector VP on country needs for better economic stabilization strategies

26 june 2020 - 18:51:04
Abidjan, Cote d'Ivoire (PANA) - Solomon Quaynor, the Vice President of Private Sector, Infrastructure and Industrialization at the African Development [...] Full text...

thread Economy

Coronavirus: AfDB approves 100.5-million-euro budget support for COVID-19 fight in Gabon

26 june 2020 - 18:43:02
Libreville, Gabon (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a 100.5-million-euro loan to [...] Full text...

thread Health

African countries making headway in tackling tax evasion, money laundering - Report

26 june 2020 - 18:33:00
Abidjan, Cote d'Ivoire (PANA) - African countries made great strides in strengthening commitments and capacity to achieve tax transparency and [...] Full text...

thread Economy

International community shows strong support for Sudan with US$1.8 billion pledge

26 june 2020 - 18:08:34
Berlin, Germany (PANA) - Over US$1.8 billion in pledges poured in for Sudan during a high-level Sudan Partnership Conference, held [...] Full text...

thread Economy

BOAD mobilizes more than 180 billion CFAF to support WAEMU States and private sector

26 june 2020 - 17:34:56
Lomé, Togo (PANA) - The West African Development Bank (BOAD) is mobilizing 275.6 million euros (about CFAF 180.78 billion), to [...] Full text...

thread Economy

Coronavirus: ADF approves COVID-19 Response grants for 6 SADC countries and São Tomé & Príncipe

25 june 2020 - 18:49:05
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF) on Tuesday approved nearly US$8.9 [...] Full text...

thread Health

Mauritian PM sacks Deputy, reshuffles Cabinet over alleged corruption

25 june 2020 - 16:57:08
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister, Mr  Pravind Kumar Jugnauth, on Thursday sacked his Deputy, Mr. Ivan Leslie Collendavelloo, who [...] Full text...

thread Economy

AfDB ranks 4th on global index of transparency

24 june 2020 - 18:06:40
Abidjan, Cote d'Ivoire (PANA) - "Publish What You Fund Transparency Index" has ranked the African Development Bank (AfDB) fourth out [...] Full text...

thread Economy

'Women at the forefront of aid to countries during COVID-19'

24 june 2020 - 17:56:27
Abidjan, Cote d'Ivoire (PANA) - Across the development and medical community, experts have acknowledged the disproportionate impact COVID-19 has had [...] Full text...

thread Health

AfDB to enhance private sector participation in climate change, green investment in Africa

23 june 2020 - 17:20:48
Abidjan, Cote d'Ivoire (PANA) - The Climate Change and Green Growth Department of the African Development Bank (AfDB), with the [...] Full text...

thread Environment

Coronavirus: AfDB approves Euro 88 million loan to support pandemic crisis response in Cameroon

23 june 2020 - 17:16:53
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Monday approved an 88 [...] Full text...

thread Health

S&P Global affirms AfDB’s AAA rating, with stable outlook

23 june 2020 - 17:12:31
New York, US (PANA) - Ratings Agency, S&P Global, has affirmed its 'AAA/A-1+' long- and short-term issuer credit assessment of [...] Full text...

thread Economy

The relevance of digital skills in the COVID-19 era (An AfDB feature)

18 june 2020 - 17:07:18
Abidjan, Cote d'Ivoire (PANA) - The COVID-19 global pandemic has changed how the world functions, illustrating the limitations of many [...] Full text...

thread Society

AfDB joins Nasdaq Sustainable Bond Network

17 june 2020 - 18:11:01
Abidjan, Cote d'Ivoire (PANA) - Nasdaq (Nasdaq: NDAQ) on Wednesday announced the inclusion of the African Development Bank (AfDB), one [...] Full text...

thread Economy

AfDB loans Egypt 225 million euros to support Egypt's electricity infrastructure, bolster Covid-19 pandemic resilience

17 june 2020 - 17:00:51
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Wednesday approved a 225 [...] Full text...

thread Economy

Coronavirus: AfDB approves US$4 million grant to bolster South Sudan pandemic response

17 june 2020 - 16:57:08
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Wednesday approved a UA 3 [...] Full text...

thread Health

US Secretary of State, Pompeo, Nigeria's Foreign Minister discuss bilateral relations

17 june 2020 - 16:53:12
Abuja, Nigeria (PANA) – The United States Secretary of State, Mr Michael Pompeo, has called Minister of Foreign Affairs, Mr [...] Full text...

thread Politics

AfDB debars Chinese firm, Sieyuan Electric and Subsidiaries, for fraud

16 june 2020 - 19:00:52
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group on Tuesday, June 16, 2020, announced the conclusion of [...] Full text...

thread Economy

Coronavirus: World Bank grants Tunisia financial support of US$ 175 million

15 june 2020 - 16:55:52
Tunis, Tunisia (PANA) - The World Bank has approved budget support of US$ 175 million to help Tunisia cope with [...] Full text...

thread Economy

Coronavirus: 'AfDB's COVID-19 response is moving from commitment to action'

14 june 2020 - 18:18:01
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) says it responded swiftly to the needs of its member [...] Full text...

thread Health

Mauritius PM reiterates 'zero-tolerance' policy against fraud, corruption

12 june 2020 - 05:13:47
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister, Mr. Pravind Jugnauth on Thursday said that the government has adopted a zero-tolerance [...] Full text...

thread Economy

Coronavirus: Tanzania seeks funds from international financial institutions to mitigate effects

11 june 2020 - 22:12:41
Dar es Salaam, Tanzania (PANA) - The government of Tanzania is currently holding talks with various international financial institutions to [...] Full text...

thread Economy

Coronavirus: AfDB’s intervention helps to curb COVID-19 in vulnerable communities

11 june 2020 - 17:03:36
Abidjan, Cote d'Ivoire (PANA) - With 2.6 million internally-displaced persons in Somalia, the outbreak of COVID-19 poses an additional challenge [...] Full text...

thread Health

AfDB gives $1.2 million for Ethiopia-Sudan Railway study

11 june 2020 - 17:00:43
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a $1.2 million [...] Full text...

thread Economy

AfDB, development partners propel Somalia back from the brink

11 june 2020 - 16:56:55
Mogadishu, Somalia (PANA) - In early 2020, Somalia, with support from the United Kingdom Government and the European Union (EU), [...] Full text...

thread Economy

Coronavirus: AfDB approves $20 million to contain spread in G5 Sahel nations

11 june 2020 - 16:53:49
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved US$20 million in [...] Full text...

thread Health

Ethiopia gets funds to begin financial study on Red Sea railway link

09 june 2020 - 23:38:23
Addis Ababa, Ethiopia (PANA) - Ethiopia and Sudan plan to construct a 1,512 km standard gauge railway linking the two [...] Full text...

thread Economy

Coronavirus: AfDB unveils roadmap to safeguard food security in Africa

09 june 2020 - 21:16:02
Abidjan, Cote d' Ivoire (PANA) - The African Development Bank (AfDB) has unveiled a strategic roadmap of projects and programmes [...] Full text...

thread Agriculture

Coronavirus: AfDB unveils 100 finalists for the IDEATHON #Africavs Virus challenge

09 june 2020 - 18:05:52
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has made public the 100 finalists from the #AfricaVsVirus Challenge [...] Full text...

thread Health

Coronavirus: AfDB mobilizes 75 million euros to help Côte d'Ivoire deal with the pandemic

09 june 2020 - 17:55:02
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Monday in Abidjan approved [...] Full text...

thread Health

From farm to fork: Women championing agricultural transformation in Africa (An AfDB Feaure)

09 june 2020 - 16:29:37
Abidjan, Cote d'Ivoire (PANA) - From Sudan to Mali, Senegal to Mozambique, and Zambia to Mauritania, women are changing the [...] Full text...

thread Agriculture

AfDB sanctions Burmeister & Wain for fraudulent and corrupt practices

08 june 2020 - 19:59:44
Abidjan, Cote d'Ivoire (PANA) - Pursuant to a settlement agreement, the African Development Bank (AfDB) Group, on 8 June, 2020, [...] Full text...

thread Society

Protect the planet to build a better post-Covid-19 world (An AfDB feature)

05 june 2020 - 18:57:00
Abidjan, Cote d'Ivoire (PANA) - The whole world is celebrating June 5, World Environment Day as it has been since [...] Full text...

thread Environment

AfDB Board authorises independent review of report on allegations against Bank chief Adesina

05 june 2020 - 10:53:15
Abidjan, Côte d'Ivoire (PANA) - The Bureau of the Board of Governors of the African Development Bank (AfDB) Group has authorised [...] Full text...

thread Economy

Coronavirus: Experts examine how fashion entrepreneurs can conquer COVID-19

04 june 2020 - 16:23:58
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Fashionomics Africa initiative on Tuesday launched its first webinar series to [...] Full text...

thread Health

Coronavirus: Senegalese singer, Zambia’s Health Minister, AfDB VP seek African solidarity post-COVID-19

04 june 2020 - 16:21:09
Abidjan, Cote d'Ivoire (PANA) - How can Africa build on the solidarity shown during the coronavirus pandemic to achieve the [...] Full text...

thread Health

COVID-19: AfDB offers Tunisia 180 million Euros for coronavirus response

04 june 2020 - 14:04:45
Tunis, Tunisia (PANA) - The African Development Bank (AfDB) has offered Tunisia 180 million euros to finance a coronavirus response [...] Full text...

thread Economy

Coronavirus: AfDB approves 180 million-Euro loan for Tunisia

03 june 2020 - 22:54:45
Tunis, Tunisia (PANA)  - The board of directors of the African Development Bank (AfDB) Wednesday approved a loan of 180 [...] Full text...

thread Economy

AfDB delivers on a decade of transformative commitments to reduce poverty (A feature)

02 june 2020 - 19:59:25
Abidjan, Cote d'Ivoire (PANA) - For the past five decades, the African Development Bank (AfDB) Group has been at the [...] Full text...

thread Economy

Nigeria: Buhari to AfDB President: "I’ll stand by you"

02 june 2020 - 18:36:20
Abuja, Nigeria (PANA) – President Muhammadu Buhari on Tuesday said that Nigeria will stand solidly behind Dr Akinwumi Adesina in [...] Full text...

thread Economy

Coronavirus: AfDB boosts Senegal's pandemic economic, social resilience programme

30 may 2020 - 14:47:48
Nairobi, Kenya (PANA)-The Board of Directors of the African Development Bank (AfDB) on Friday approved a loan of 88 million [...] Full text...

thread Society

ECOWAS at 45 and the dream of its founding fathers (By Paul Ejime, PANA Guest writer)

29 may 2020 - 13:41:40
Abuja, Nigeria (PANA) - After almost five decades of existence, the Economic Community of West African States (ECOWAS), arguably Africa’s [...] Full text...

thread Politics

Nigeria: Buhari, opposition PDP bicker over fresh request for US$5.513b loan from IMF, other bodies

28 may 2020 - 19:58:44
Abuja, Nigeria (PANA) – President Muhammadu Buhari has asked the National Assembly to approve his request to seek a fresh [...] Full text...

thread Economy

Coronavirus: AfDB approves 30-million-euro loan to fight COVID-19 in Cabo Verde

28 may 2020 - 19:08:01
Abidjan, Cote d;Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has extended a loan of [...] Full text...

thread Health

AfDB President, Akinwumi Adesina, maintains innocence, claims there are attempts to tarnish his reputation

27 may 2020 - 18:25:37
Kigali, Rwanda (PANA) - The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, on Wednesday claimed that in [...] Full text...

thread Politics

African Natural Resources Centre unveils publication to advance critical land policy reforms

26 may 2020 - 16:35:17
Abidjan, Cote d'Ivoire (PANA) - In response to challenges across Africa posed by land ownership and use, the African Natural [...] Full text...

thread Environment

South Africa tops most integrated infrastructure and production countries in Africa: AfDB

26 may 2020 - 12:02:06
Tunis, Tunisia (PANA) - South Africa tops the best-performing countries in Africa (out of 54 countries) in terms of productive [...] Full text...

thread Economy

AfDB provides over 180-million-euro Loan to Mauritian response to COVID-19 pandemic

22 may 2020 - 17:45:49
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) approved, on May 22 in [...] Full text...

thread Health

Coronavirus: 188m-euro AfDB loan to boost Kenya's COVID-19 response

22 may 2020 - 17:23:40
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Friday approved an 188-million-euro [...] Full text...

thread Health

African Development Fund gives Madagascar 4m euros for the Sahofika hydropower project

22 may 2020 - 17:11:38
Antananarivo, Madagascar (PANA) - The African Development Fund (ADF) has approved a 4.02-million-euro loan, with a grant component, to finance [...] Full text...

thread Economy

Turkey-Africa Partnership panel discusses trade and stimulus to cushion the economic fallout of COVID-19

19 may 2020 - 18:19:08
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Vice President for Regional Development, Integration and Business Delivery, Khaled [...] Full text...

thread Economy

COVID-19: African Guarantee Fund Launches Coronavirus response mechanism

19 may 2020 - 15:39:19
Dakar, Senegal (PANA) - The African Guarantee Fund (AGF), the leading guarantee institution on the continent, on Monday announced the [...] Full text...

thread Economy

Coronavirus: AfDB approves US$13.7 million to strengthen health system, boost anti-COVID-19 efforts in Zimbabwe

15 may 2020 - 18:02:25
Harare, Zimbabwe (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$13.7 million grant [...] Full text...

thread Health

African Development Institute to hold webinar on agricultural policy responses to COVID-19 in Africa

14 may 2020 - 19:06:32
Abidjan, Cote d'Ivoire (PANA) - On 18 and 19 May, 2020, the African Development Institute (ADI), together with the African [...] Full text...

thread Agriculture

AfDB, partners call for safe, accessible water amid COVID-19

14 may 2020 - 18:55:41
Abidjan, Cote d'Ivoire (PANA) - Sanitation and Water for All (SWA) - a global partnership of governments, donors, civil society [...] Full text...

thread Environment

AfDB debars Tunisian engineering firm over fraud

14 may 2020 - 11:31:15
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group on Thursday imposed a 13-month debarment on a Tunisian [...] Full text...

thread Economy

AfDB approves €40 million in grants for bridge linking Cameroon and Chad

06 may 2020 - 19:17:22
Yaounde, Cameroon (PANA) - The Board of Directors of the African Development Bank Group has approved grants worth 40.94 million [...] Full text...

thread Economy

Malawi: AfDB-managed water, sanitation project helping to curb COVID-19 wins int'l prize

06 may 2020 - 19:08:37
Lilongwe, Malawi (PANA) - An African Development Bank-financed and supervised water and sanitation project, now helping to curb the spread [...] Full text...

thread Environment

Congo plans 15 billion CFA francs data centre

06 may 2020 - 11:39:20
Brazzaville, Congo (PANA) - The Congolese government plans to mobilise 15 billion CFA francs to fund the construction of a data [...] Full text...

thread Sciences

Coronavirus: African leaders laud AfDB's President for visionary leadership amid COVID crisis

05 may 2020 - 17:38:53
Abidjan, Cote d'Ivoire (PANA) - South Africa’s President and African Union chairperson, Cyril Ramaphosa, and the Nobel peace laureate and [...] Full text...

thread Health

Zimbabwe's Finance minister reveals economy near collapse with 20 percent contraction expected (A PANA News Analysis)

01 may 2020 - 06:01:54
Harare, Zimbabwe (PANA) - Zimbabwe’s economy is expected to contract by a whopping 20 percent this year as it barrels [...] Full text...

thread Economy

Coronavirus: Zambia’s bilateral, multilateral partners provide K2.7 billion to fight COVID – 19

30 april 2020 - 15:35:00
Lusaka, Zambia (PANA) - The United States, United Kingdom, the African Development Bank, and the World Bank will provide financial [...] Full text...

thread Economy

Coronavirus: G5 Sahel presidents call for help

28 april 2020 - 23:43:18
Nouakchott, Mauritania (PANA) - The G5 Sahel presidents Tuesday made a solemn appeal for international solidarity to help the sub-region [...] Full text...

thread Politics

Gabon, IMF sign deal for rapid recovery of the Gabonese economy after Covid-19 pandemic and the oil crash

28 april 2020 - 17:30:29
Libreville, Gabon (PANA) - The International Monetary Fund (IMF) and the Gabonese government have reached an agreement for a facility [...] Full text...

thread Economy

Coronavirus: 'Our collective humanity is at stake' says AfDB President

22 april 2020 - 19:01:02
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group President, Akinwumi Adesina, says an accelerated global health and [...] Full text...

thread Society

EARTH DAY: ‘We must not take our eyes off climate change threats as we battle COVID-19’ - AfDB

22 april 2020 - 18:49:12
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) joins the global community in celebrating 50 years of Earth [...] Full text...

thread Environment

AfDB denies plans to provide financial support to East African oil pipeline project

19 april 2020 - 13:51:53
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) says it has become aware of an inaccurate news article [...] Full text...

thread Economy

COVID-19 pandemic bolsters case for technology-based economic resilience

17 april 2020 - 18:39:54
Abidjan, Cote d'Ivoire (PANA) - As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while [...] Full text...

thread Sciences

AfDB places Ugandan Company on 12-month conditional non-debarment for fraudulent practice

17 april 2020 - 18:28:10
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group on Friday, 17 April, 2020, announced a 12-month conditional [...] Full text...

thread Economy

Coronavirus: AfDB, partners invite debates on how to beat the COVID-19 pandemic

11 april 2020 - 06:17:01
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and partners are set to host an online #AfricaVsVirus Challenge, [...] Full text...

thread Health

Coronavirus: "We must celebrate leaders on the front line of Coronavirus" - AfDB

09 april 2020 - 19:03:02
Abidjan, Cote d'Ivoire (PANA) - During World Health Worker Week 2020 (5-11 April), the African Development Bank (AfDB) says it [...] Full text...

thread Health

AfDB unveils $10 billion response facility to curb COVID-19

08 april 2020 - 21:30:07
Abidjan, Cote d'Ivoire (PANA)  - The African Development Bank Group (AfDB) Wednesday announced the creation of the COVID-19 (coronavirus) Response [...] Full text...

thread Health

AfDB approves Gender Equality Trust Fund for women’s economic empowerment

06 april 2020 - 11:09:30
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank Group has approved a new Gender [...] Full text...

thread Gender

AfDB approves $1.5 million emergency grant to curb desert locusts East and Horn of Africa

02 april 2020 - 10:35:59
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million [...] Full text...

thread Agriculture

AfDB releases US$2 million for coronavirus crisis handling in Africa

01 april 2020 - 18:22:20
Abidjan, Cote d’Ivoire (PANA) - The African Development Bank on Tuesday approved  US$2 million in emergency assistance for the World [...] Full text...

thread Economy

Coronavirus: AfDB launches $3 billion to alleviate virus' economic, social impact

29 march 2020 - 13:22:30
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) says it has raised "an exceptional" $3 billion in a [...] Full text...

thread Economy

Coronavirus: African FMs seek IMF, WB debt repayment break to handle coronavirus

25 march 2020 - 00:55:16
Addis Ababa, Ethiopia (PANA) - African Finance Ministers have called on the World Bank and the International Monetary Fund (IMF) [...] Full text...

thread Economy

Somalia cleared for foreign bank loans after debt relief

25 march 2020 - 00:47:22
Abidjan, Cote d’Ivoire (PANA) - Somalia has cleared its debts to the African Development Bank (AfDB) Group and would be [...] Full text...

thread Economy

Coronavirus and Climate Change: Observing World Water Day

23 march 2020 - 21:12:25
Abidjan, Cote d'Ivoire (PANA) - As the world celebrates World Water Day, an estimated 400 million people in Africa still lack [...] Full text...

thread Environment

Coronavirus: Round table for the financing of infrastructure projects in Central Africa postponed

20 march 2020 - 00:19:07
Brazzaville, Congo (PANA) - The round table for the financing of infrastructure projects in Central Africa, scheduled for March 19 [...] Full text...

thread Health

AfDB debars two Nigerian companies for fraudulent practices

17 march 2020 - 19:42:46
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group on Tuesday, 17 March 2020, announced the debarment of [...] Full text...

thread Environment

Underserved communities in Nigeria to get sustainable energy solutions from AfDB

17 march 2020 - 19:21:59
Abuja, Nigeria (PANA) - The African Development Bank (AfDB) and the Nigerian Government have launched the National Electrification Project (NEP), [...] Full text...

thread Economy

AfDB to help Sierra Leone build resilient economy, restore self-sufficiency in rice production

13 march 2020 - 22:16:09
Freetown, Sierra Leone (PANA) - Sierra Leone will look to the African Development Bank (AfDB) to stimulate agribusiness development in [...] Full text...

thread Agriculture

AFFM launches US$2.2m project in Nigeria to boost fertilizer supply to 200,000 farmers

13 march 2020 - 22:03:23
Abuja, Nigeria (PANA) - The Africa Fertilizer Financing Mechanism (AFFM) has kick-started a US$2.2 million project to provide fertilizer suppliers [...] Full text...

thread Agriculture

Senegalese govt. to rehabilitate national road number 4 with 115 billion CFA francs

11 march 2020 - 20:31:51
Ziguinchor, Senegal (PANA) - The government of Senegal plans to rehabilitate the national road number 4 which links Sénoba-Ziguinchor-Mpack in [...] Full text...

thread Economy

AfDB says it is committed to strengthen cooperation with Tunisia

10 march 2020 - 05:41:45
Tunis, Tunisia (PANA) – The African Development Bank (AfDB) is committed to continue its support for Tunisia in the execution [...] Full text...

thread Economy

AfDB to fund construction of two hydroelectric dams in Gabon

09 march 2020 - 12:18:52
Libreville, Gabon (PANA) - The African Development Bank (AfDB) will fund the construction of two hydroelectric dams in Booué and [...] Full text...

thread Economy

President Sassou Nguesso opens Sembe-Souanke-Ntam road in northwest Congo

07 march 2020 - 05:42:59
Brazzaville, Congo (PANA) – Built at a cost of 38 billion CFAF, co-financed by the African Development Bank (AfDB) and [...] Full text...

thread Economy

AfDB trains 110 fashion, creative industry entrepreneurs

04 march 2020 - 19:37:01
Nairobi, Kenya (PANA) - Over 100 entreprenuers from the fashion industry have completed an African Development Bank (AfDB) workshop on [...] Full text...

thread Economy

Somalia, AfDB agree repayment plan for loan arrears

26 february 2020 - 21:18:33
Abidjan, Cote d’Ivoire (PANA) - The African Development Bank (AfDB) group has approved a deal for the clearance of debt [...] Full text...

thread Economy

AfDB notes lack of reform coordination in Zimbabwe government

26 february 2020 - 14:48:23
Harare, Zimbabwe (PANA) - The African Development Bank (AfDB) has said the Zimbabwe government lacks reform coordination and urged the [...] Full text...

thread Economy

EIB provided € 3 billion in funding to Africa in 2019

24 february 2020 - 17:25:17
Brussels, Belgium (PANA) - Taking stock of the activities of the European Investment Bank (EIB) in Africa for the year [...] Full text...

thread Politics

G5 Sahel: President Christian Kaboré to hand over presidency to Mauritanian president on Tuesday

23 february 2020 - 17:32:48
Ouagadougou, Burkina Faso (PANA) – Designated on 5 February 2019 by his G5 Sahel peers, current chairman for a one-year [...] Full text...

thread Politics

Shelter Afrique lends US$11.6 million to Senegalese real estate firm

20 february 2020 - 16:15:46
Dakar, Senegal (PANA) - Shelter Afrique, the pan African organisation exclusively dealing with affordable housing in Africa, on Thursday signed an [...] Full text...

thread Economy

AfDB slams World Bank President’s comments on Africa’s debt profile

16 february 2020 - 09:54:49
Abidjan, Cote d'Ivoire (PANA) - In several news reports, World Bank President, David Malpass, was recently quoted as saying that [...] Full text...

thread Economy

AfDB getting Africans ready for the fourth industrial revolution

16 february 2020 - 09:43:04
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) will hold a workshop on the ability of the emerging [...] Full text...

thread Economy

World Bank to downgrade Zimbabwe's economic growth for 2020

14 february 2020 - 17:21:15
Harare, Zimbabwe (PANA) - The World Bank is expected to downgrade its gross domestic product (GDP) growth projection for Zimbabwe [...] Full text...

thread Economy

Nigeria, South Africa face no risk of debt distress: AfDB tells World Bank

14 february 2020 - 10:03:00
Nairobi, Kenya (PANA) - The African Development Bank (AfDB), a development financier with a global footprint, has disputed the World [...] Full text...

thread Economy

AfDB approves $1 million grant for Uganda to stem Ebola transmission

12 february 2020 - 11:36:02
Kampala, Uganda (PANA) - The African Development Bank (AfDB) has released a $1 million grant to Uganda to help the [...] Full text...

thread Health

Teach them smart solutions, says Cameroonian founder of Green Girls

01 february 2020 - 09:35:31
Abidjan, Cote d'Ivoire (PANA)  -  African governments must foster innovation and provide hands-on education solutions to young people if the [...] Full text...

thread Economy

Cape Verde urged to improve its infrastructure

31 january 2020 - 19:33:30
Praia, Cape Verde (PANA) - The African Development Bank (AfDB) on Thursday advised Cape Verde to invest in maritime wealth [...] Full text...

thread Economy

Morocco's economic growth estimated at 3.7% in 2020 by AfDB

31 january 2020 - 09:37:03
Rabat, Morocco (PANA) - Morocco's real gross domestic product (GDP) growth is expected to be 3.7% in 2020 and 3.9% [...] Full text...

thread Economy

Africa's economic growth seen to stagnate in 2020

30 january 2020 - 23:47:09
Abidjan, Cote d’Ivoire (PANA)  -  Africa’s economic growth remained stable in 2019 at 3.4 percent and is on course to [...] Full text...

thread Economy

UK re-affirms commitment to Africa's economic growth - AfDB

28 january 2020 - 15:33:46
Abidjan, Cote d'Ivoire (PANA) - The United Kingdom remains the top donor to the African Development Fund (ADF), the Bank’s [...] Full text...

thread Economy

Agricultural programme launched in Mauritania

28 january 2020 - 00:09:43
Nouakchott, Mauritania (PANA)  -  Mauritanian President Mohamed ould Cheikh Ghazouani Monday presided over the launching of a large reorganization, construction [...] Full text...

thread Agriculture

AfDB President Akinwumi Adesina opens trading on the London Stock Exchange

25 january 2020 - 05:40:40
London, UK (PANA) - “Ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful [...] Full text...

thread Economy

Zimbabwe: AfDB approves grant for disaster risk management training

25 january 2020 - 05:25:25
Harare, Zimbabwe (PANA) - The Board of the African Development Fund (ADF) has approved a US$ 685,000 grant to strengthen [...] Full text...

thread Environment

3rd Rural Water Supply and Sanitation Initiative Forum scheduled for Kigali

25 january 2020 - 05:13:40
Kigali, Rwanda (PANA) - The Water Development and Sanitation Department of the African Development Bank (AfDB) will hold the 3rd [...] Full text...

thread Environment

AfDB approves US$685, 000 grant for Zimbabwe disaster risk management training

23 january 2020 - 14:20:51
Harare, Zimbabwe (PANA) - The African Development Bank (AfDB) has approved a US$685,000 grant to strengthen Zimbabwe’s capacity to manage [...] Full text...

thread Society

AfDB woos British investors

21 january 2020 - 13:53:25
Nairobi, Kenya (PANA) - The African Development Bank (AfDB) Tuesday urged British investors to seize the many financing opportunities in [...] Full text...

thread Economy

British PM, African leaders urge investors to accelerate economic role on the continent

20 january 2020 - 17:21:54
London, UK (PANA) - UK companies must leap at the chance to deepen economic ties with Africa, a continent with [...] Full text...

thread Economy

ECCAS to raise 2.5 billion euros to finance transport infrastructure

18 january 2020 - 13:55:47
Brazzaville, Congo (PANA)  -  The Economic Community of Central African States (ECCAS) will hold a donor roundtable in Brazzaville on [...] Full text...

thread Economy

Congo to host roundtable on funding of transport infrastructure in March

16 january 2020 - 23:32:29
Abidjan, Côte d'Ivoire (PANA)  -  A roundtable on the funding of transports infrastructure organised by the Economic Community of Central [...] Full text...

thread Economy

Zimbabwe: AfDB, UN and World Bank launch 2019 Needs Assessment Report to spur economic recovery

15 january 2020 - 17:56:46
Harare, Zimbabwe (PANA) - The African Development Bank (AfDB), United Nations and World Bank Group recently launched the Zimbabwe 2019 [...] Full text...

thread Economy

African Development Bank set to unveil 2020 African Economic Outlook

15 january 2020 - 17:51:09
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) will launch the 2020 edition of its flagship African Economic [...] Full text...

thread Economy

AfDB allocates 1.2 million euros to train policymakers in boosting mining revenues

15 january 2020 - 17:46:07
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has allocated a 1.2 million-euro grant to provide training to [...] Full text...

thread Economy

AfDB Fund Board approves US$37.2 million for non-sovereign operations in Kenya, Sudan and Senegal

15 january 2020 - 17:38:56
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF), the concessional window of the [...] Full text...

thread Economy

AfDB approves €8 million assistance to support Ruzizi IV hydropower project in Great Lakes region

13 january 2020 - 12:49:32
Kinshasa, DR Congo (PANA) - The Board of Directors of African Development Bank Group on Monday announced its approval of [...] Full text...

thread Economy

AfDB contributes to funding agro-industrial project in southern Senegal

09 january 2020 - 22:24:07
Dakar, Senegal (PANA) - The Senegalese minister of economy, plan and cooperation, Amadou Hott, and the deputy governor for West [...] Full text...

thread Economy

Guinean PM makes positive assessment of the year 2019

09 january 2020 - 22:13:14
Conakry, Guinea (PANA) - Guinea has been “successful in the path towards economic and social progress in 2019” despite the [...] Full text...

thread Politics

AfDB gives 97 billion CFAF for Gabon’s road sector

02 january 2020 - 19:53:28
Libreville, Gabon (PANA)  - The African Development Bank (AfDB) will grant Gabon a 97 billion-CFAF loan to build its road [...] Full text...

thread Politics

Malian gov't initiates road project in Mopti and Sévaré

31 december 2019 - 11:25:08
Bamako, Mali (PANA) - The Malian government has initiated a road project of more than 34 billion CFA Francs (US$1=CFAF [...] Full text...

thread Social

EU loosens financial noose around Burundi

21 december 2019 - 14:33:26
Bujumbura, Burundi (PANA) - A sub-regional project to interconnect the national electricity grid has received a 14.7 million euro grant [...] Full text...

thread Society

French West African countries to benefit from new financial assistance

20 december 2019 - 12:25:16
Lomé, Togo (PANA) - The Board of Directors of the West African Development Bank (WAfDB) has approved 65.2 billion FCFA [...] Full text...

thread Economy

AfDB grants US$220 million loan to Morocco to 'improve territorial competitiveness'

20 december 2019 - 09:19:54
Abidjan Côte d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a US$220 million loan to Morocco to fund [...] Full text...

thread Economy

AfDB approves US$272 million to build fifth international airport for Tanzanian capital

19 december 2019 - 23:50:51
Dar es Salaam, Tanzania (PANA)  - The board of directors of the African Development Bank (AfDB) has approved the release [...] Full text...

thread Economy

AfDB loan boosts commercial agro-processing firm in Sudan

19 december 2019 - 18:59:54
Khartoum, Sudan (PANA) – The African Development Bank has embarked upon its agricultural sector lending with a US$60 million loan [...] Full text...

thread Economy

Congolese Parliament approves loan agreement with AfDB

19 december 2019 - 10:11:09
Brazzaville, Congo (PANA) - The Congolese parliament (Senate and the National Assembly) on Wednesday approved a loan agreement of 187 million [...] Full text...

thread Economy

Congo: AfDB grants US $56 million for Brazzaville-Kinshasa road-rail bridge project

18 december 2019 - 15:44:57
Brazzaville, Congo (PANA) - The African Development Bank (AfDB) here Wednesday approved 56 million US dollars to finance a road [...] Full text...

thread Economy

AfDB grants 238 million Euros to Tunisia

17 december 2019 - 22:17:00
Tunis, Tunisia (PANA)   -  Tunisian Minister of Finance Ridha Chalghoum, also responsible for Development, Investment and International Cooperation, and the [...] Full text...

thread Economy

Tunisia, AfDB to sign two financing agreements

16 december 2019 - 17:58:50
Tunis, Tunisia (PANA) - Tunisia and the African Development Bank will on Tuesday sign two financing agreements for  strengthening the [...] Full text...

thread Economy

ECA chief calls for inclusive land management in Africa

15 december 2019 - 12:53:02
Addis Ababa, Ethiopia (PANA) - Economic Commission for Africa (ECA) Executive Secretary Vera Songwe has called on States to ensure [...] Full text...

thread Economy

’ Land is a tool for empowerment in Africa’ - ECA chief Vera Songwe

15 december 2019 - 12:01:42
Addis Ababa, Ethiopia (PANA) - Land is an asset for empowerment in Africa, according to Vera Songwe, Executive Secretary of [...] Full text...

thread Economy

Congo and AfDB sign €187 million credit agreement

15 december 2019 - 11:22:06
Brazzaville, Congo (PANA) - The Congolese government and the African Development Bank (AfDB) on Sunday signed in Brazzaville a  €187 [...] Full text...

thread Economy

AfDB offers Senegal financing to promote jobs for women and youth

13 december 2019 - 18:12:14
Dakar, Senegal (PANA) - The African Development Bank (AfDB) has availed to  Senegal US$70.25 million to promote the employment of [...] Full text...

thread Economy

Rwanda completes regional power electricity connector in East Africa

10 december 2019 - 17:45:15
Kigali, Rwanda (PANA) – A high voltage power sub-station has been commissioned in Rwanda to bolster a regional power interconnection [...] Full text...

thread Economy

Nigeria: Nigerian govt to secure $500 million AfDB loan to fund technological innovation

09 december 2019 - 20:12:52
Abuja, Nigeria (PANA)  -  The Nigerian Federal Government says it has initiated moves to secure a $500 million African Development [...] Full text...

thread Economy

AfDB supports cash-strapped African Institute of Computer Science

09 december 2019 - 18:33:59
Libreville, Gabon (PANA) - The African Institute of Informatics (IAI), based in Libreville, Gabon, faces operational difficulties and is burdened [...] Full text...

thread Society

Rwanda inaugurates largest hydropower plant with cross-border transmission project

06 december 2019 - 20:40:46
Kigali, Rwanda (PANA)  - Rwandan Minister of Infrastructure, Claver Gatete, on Friday inaugurated a new largest hydropower plant at Shango, [...] Full text...

thread Economy

AfDB Group appoints Stefan Nalletamby as Acting Vice-President for the Private Sector, Infrastructure and Industrialization Complex

05 december 2019 - 17:15:19
Abidjan, Cote d'Ivoire (PANA) - Dr. Akinwumi Adesina, the President of the African Development Bank (AfDB), has announced the appointment [...] Full text...

thread Economy

Fostering jobs, entrepreneurship and capacity development for African youth: the time for disruption is now! (An AfDB feature)

05 december 2019 - 16:55:50
Sharm El Sheikh, Egypt (PANA) - “There is no greater asset to Africa than its youth,” a statement that has [...] Full text...

thread Economy

AfDB approves 48.82 million euros for Desert to Power programme in Burkina Faso

05 december 2019 - 16:34:55
Ouagadougou, Burkina Faso (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a 48.82-million-euro loan [...] Full text...

thread

Second session of Mali-Guinea Interconnection project committee held in Bamako

04 december 2019 - 22:40:01
Bamako, Mali (PANA)  - The steering committee of the 225 KV Guinea-Mali electricity interconnection project aimed at facilitating energy management [...] Full text...

thread Economy

Botswana: Completion of Kazungula Bridge project lagging behind schedule

04 december 2019 - 19:22:24
Gaborone, Botswana (PANA) - The joint venture Kazungula Bridge project which was due to be complete in 2019 is moving [...] Full text...

thread Economy

African development bank commits $25 billion for climate change finance by 2025

30 november 2019 - 15:55:52
Kigali, Rwanda (PANA) -  The African Development Bank (AfDB) has doubled its total climate change commitment to $25 billion between [...] Full text...

thread Environment

Donors to announce financing package for Africa’s low-income countries

29 november 2019 - 14:21:27
Abidjan, Cote d’Ivoire (PANA) - Representatives of donor governments will meet from 4-5 December in Centurion, South Africa, to conclude [...] Full text...

thread Economy

AfDB board approves US$400 million support for Mozambique's natural gas player

26 november 2019 - 18:55:38
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a long-term Senior Loan of US$400 million to [...] Full text...

thread

AfDB provides budget support to Senegal

26 november 2019 - 11:35:34
Dakar, Senegal (PANA) – The African Development Bank (AfDB) has provided Senegal with budgetary support of US$68.7 million, for the [...] Full text...

thread Economy

Dialogue of association of African companies on AfCFTA to open Tuesday in Addis Ababa

25 november 2019 - 21:37:49
Addis Ababa, Ethiopia (PANA) – A strategic dialogue of the associations of African companies on the implementation of the African [...] Full text...

thread Economy

Global actors meet to improve gender inclusion

25 november 2019 - 12:06:24
Kigali, Rwanda (PANA) - Hundreds of prominent leaders from around the world including heads of state, development partners, NGOs and [...] Full text...

thread Gender

AfDB finances Juba power distribution upgrade

22 november 2019 - 12:05:38
Juba, South Sudan (PANA)-The government of South Sudan on Thursday commissioned a $38 million upgraded power distribution system financed by [...] Full text...

thread

Rice sub-sector crucial to Gambia’s development - VP

18 november 2019 - 20:28:32
Banjul, Gambia (PANA)  -  Dr.  Isatou Touray, vice president of The Gambia, said here Monday that the rice sub- sector [...] Full text...

thread

AfDB provides 40 billion CFAF loan for rural electrification in Benin

17 november 2019 - 14:50:40
Cotonou, Benin (PANA) - The African Development Bank (AfDB) Group is committed to providing a loan of CFAF 40,518,463,890 to [...] Full text...

thread Economy

AfDB supports Cotonou sanitation project

16 november 2019 - 19:04:32
Cotonou, Benin (PANA) - The African Development Bank (AfDB) is to give Benin some 40 billion CFA francs to finance [...] Full text...

thread Environment

AfDB grants US$75 million for DR Congo power project

16 november 2019 - 16:23:02
Kinshasa, DR Congo (PANA) - The African Development Bank (AfDB) is providing US$75 million to finance the feasibility studies for [...] Full text...

thread Economy

AfDB becomes major shareholder at Africa Finance Corporation

14 november 2019 - 18:30:26
Abidjan, Côte d'Ivoire (PANA) - The African Development Bank (AfDB) has become the second supranational shareholder of Africa's multilateral financing [...] Full text...

thread Economy

Congo, DR Congo sign agreement to finance Brazzaville-Kinshasa road-rail bridge

14 november 2019 - 17:47:01
Brazzaville, Congo (PANA) - Congo and the Democratic Republic of Congo (DRC) have signed a bilateral agreement for the financing, [...] Full text...

thread Economy

AfDB grants 20 million euros to Tunisian Startups Fund

12 november 2019 - 18:02:52
Tunis, Tunisia (PANA) - The Tunisian start-up fund has contracted a loan of 20 million euros from the African Development [...] Full text...

thread Economy

Africa can expand its economy fourfold with 50% increase in energy demand – IEA report

12 november 2019 - 13:22:59
Johannesburg, South Africa (PANA) - Africa has the potential to expand the continental economy fourfold, with energy demands expanding by [...] Full text...

thread Economy

AfDB backs concession deal on Accra Skytrain project

12 november 2019 - 12:50:58
Johannesburg, South Africa (PANA) - The African Development Bank has thrown its weight behind a concession agreement for the construction [...] Full text...

thread Economy

AfDB, U.S. DFC team up to mobilise private capital for Africa’s development

12 november 2019 - 12:32:55
Johannesburg, South Africa (PANA) - The U.S. International Development Finance Corporation (DFC) and the African Development Bank Group (AfDB) on [...] Full text...

thread Economy