The loan for the implementation of the Secondary Cities Stormwater Drainage Project (PAPVS), was approved by the Bank’s Board of Directors on Wednesday, 5 July 2023, in Abidjan The African Development Bank has awarded Benin a total loan of…
AFRICA’S CLIMATE JOURNEY: AN INVERTED RUSSIAN ROULETTE?
Recently, the bonn climate talks ended with a plethora of underwhelming announcements that seem to suggest that developed countries are not ready for climate change mitigation; as even agreements on the starting agenda was not agreed on till a day…
Unlocking sustainable futures: Why debt solutions, climate action should be priority at Macron Summit
By Prof. Chukwumerije Okereke Global climate leaders will converge on Paris, France, from June 22 to 23, 2023, for the Macron Summit, a crucial event that aims to pave the way for, among others, a new global climate financing…
Climate Change: Private sector crucial to overcoming Africa’s critical investment gaps – African Development Bank
Private sector crucial to overcoming Africa’s critical investment gaps – African Development Bank Bank’s partnership with the African Sovereign Investor’s Forum represents important step in terms of increasing the leverage of investments as well as reassuring global investors seeking to…
Climate: Natural capital, an option for African governments to finance Sustainable Development Goals
The continent contributes substantially to the world’s annual production of six key minerals: 80% of platinum, 77% of cobalt, 51% of manganese, 46% of diamonds, 39% of chromium and 22% of gold Africa must use all its comparative advantages to…
African Banker Awards 2023 nominees announced
The African Banker magazine has announced today the shortlist of nominees for this year’s edition of its African Banker Awards. This year’s edition of the Awards ceremony is set to spotlight SMEs, women and gender. A new category has also been introduced to recognize efforts towards bolstering financial inclusion of women across the continent.
Climate: African Development Bank, ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa
ILX Fund I provides a scalable $1 billion private credit investment strategy to be deployed across emerging and developing countries The new agreement will mobilize institutional investor capital in support of AfDB’s private sector loan operations focused on African…
Environment: Africa pushes for access to clean cooking
The African Guarantee Fund (AGF) and the Clean Cooking Alliance (CCA) recently announced a partnership that promotes investments in clean cooking companies and programmes Africa is mobilizing capital to boost access to clean cooking with series of new deals…
Climate: Africa Knowledge Exchange Shares Perspectives on Protecting Forests, Fostering Climate Resilience and Empowering Communities
The occasion brought together over 200 participants from CIF recipient countries, contributing states, the private sector, civil society, local community groups, and the Fund’s international partners In March 2023, the Climate Investment Funds (CIF), the Government of Côte d’Ivoire, and…
Deployment of Clean Energy for Efficient Tapping of the Economic Potentials in the Village Ecosystem in Africa & effective Postharvest Wastage Management Strategy
By Dr Omotayo Dairo Solar/Biomass Hybrid Energy Solutions – The Quintas Approach Years of research and product development led Quintas Renewable Energy Solutions Ltd to provide renewable energy services in form of solar/biomass hybrid energy solutions and integrated circular…
