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African Development Bank plans R10bn in loans to Eskom 

By: Reuters     7th November 2018 The African Development Bank plans to lend South African power utility Eskom around R10-billion ($720-million) in 2019 and 2020, the bank's president Akinwumi Adesina said. "We plan to lend around $620-million for the Medupi power plant, and around $100-million for Eskom's transmission network,... 

AfDB to institute climate risk management programme for African countries

By: Tasneem Bulbulia     30th October 2018 The African Development Bank (AfDB) has approved the Africa Disaster Risks Financing (ADRiFi) programme – the institution’s first climate risk management programme aimed at boosting resilience and responding to climate shocks in regional member countries. The initial phase is expected to run from... 

AfDB extends R2.87bn loan to Eskom to expand its transmission network

By: Tasneem Bulbulia     27th September 2018 The African Development Bank (AfDB) has approved a R2.87-billion loan for South Africa’s State-owned power utility Eskom for the upgrade and expansion of its transmission facilities. The funding supports the Eskom Transmission Improvement Project (ETIP), which will see the construction of 555 km... 

AfDB seeks partnerships to lift 1bn people out of hunger

By: Simone Liedtke     26th September 2018 The African Development Bank (AfDB) has called on global partners to join hands to lift one-billion people globally out of hunger. The finance institution said in a statement that it was leading the way by investing $24-billion in African agriculture over the next decade. 

AfDB approves $250m risk participation agreement with ABSA

By: Creamer Media Reporter      20th July 2018 The African Development Bank (AfDB), this week, approved an unfunded $250-million risk participation agreement (RPA) with ABSA Bank. This RPA, housed within the AfDB’s Trade Finance operations, will enhance African issuing banks’ ability to leverage trade financing through a multisectorial approach. 

AfDB launches index to drive improvements in electricity regulatory environment

By: Marleny Arnoldi     22nd June 2018 The African Development Bank (AfDB) this week launched its Electricity Regulatory Index (ERI) at the Africa Energy Forum 2018, in Mauritius.  

AfDB pledges $12bn for Africa’s energy development

By: Marleny Arnoldi     19th June 2018 The African Development Bank (AfDB) has placed access to sustainable energy development at the heart of its strategy, with the biggest priority ensuring improved access to electricity across the continent. AfDB power, energy, green growth and climate change VP Amadou Hott told delegates at the... 

AfDB, Aims partner to strengthen, leverage maths, science skills in Africa

By: Marleny Arnoldi     23rd May 2018 The African Development Bank (AfDB) has signed a letter of intent (LoI) with the African Institute for Mathematical Sciences (Aims) aimed at identifying opportunities for potential partnership between the two institutions.  

AfDB, Unido sign MoU to improve Africa’s industrialisation

By: Marleny Arnoldi     21st May 2018 The African Development Bank (AfDB) and the United Nations Industrial Development Organisation (Unido) have signed a memorandum of understanding (MoU) to step up collaboration that will boost Africa’s industrialisation. 

AfDB officially launches Africa Investment Forum

By: Anine Kilian     8th May 2018 The African Development Bank (AfDB) on Tuesday launched its Africa Investment Forum (AIF), which will seek to attract investment and public–private partnerships aimed at transformative development on the continent. “The AfDB is championing the AIF as a platform to actively engage the private... 

AfDB teams up with international organisation to drive solar development in Africa

By: Simone Liedtke     19th March 2018 The African Development Bank (AfDB) has signed a joint declaration with the International Solar Alliance (ISA) to promote the development of solar energy in Africa. The joint declaration recognises the bank's leadership in working with several parties, including governments, the private sector... 

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