Wednesday, December 10, 2025 - 20:02:07
Hong Kong, Hong Kong | 22°C | Overcast clouds
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The MOU will promote among other things, co-financing, co-guaranteeing and other forms of joint participation in financial assistance for development projects primarily in sustainable infrastructure The African Development Bank (www.AfDB.org) and the Asian Infrastructure Investment Bank (AIIB) have signed an agreement strengthening their collaboration on sustainable economic development, designed to boost infrastructure development and economic […]
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African Development Bank and Standard Bank Unite to Support SMMEs and Boost Trade The African Development Bank Group and Standard Bank Group (SBG) have entered into a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) while expanding trade throughout Africa. The agreement includes a R3.6 billion investment in a social […]
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Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million, with participation from the African Development Bank, EIB Global with the support of the European Union, under the ACP Trust Fund – EU Compartment and Boost Africa among other global […]
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Africa is not merely participating on the global stage but is increasingly becoming a central player. Dr. Akinwumi Adesina, President of the African Development Bank Group, recently delivered a compelling address at Chatham House, focusing on the promising economic prospects for Africa. Emphasising the continent’s youthful demographic, rapidly growing renewable energy sector, rich biodiversity, and strengthening […]
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The African Development Bank Group has announced a follow-up equity investment of USD 15 million in the Trade and Development Bank Group’s (TDB Group) pioneering Class C Green+ shares to support clean technology and low carbon projects in its member states. The new capital, to be sourced from the Clean Technology Fund (CTF), will also support the […]
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According to Urama, agriculture and energy in Africa offer huge opportunities for trade and investment with Nordic countries The African Development Bank Group’s (www.AfDB.org) Chief Economist, Prof Kevin Chika Urama, has urged entrepreneurs in Nordic countries and Ireland to make Africa their business and investment destination. Prof Urama, on an official visit to Denmark, Finland, […]
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The Africa Resilience Forum is a call to action to work together and make a transition from policy dialogue to investment, and then from investment to impact Peace and security in Africa must be an aim of investment decisions, the African Development Bank (https://www.AfDB.org) President told delegates at a forum aimed at exploring ways to […]
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The new Country Focus Reports (CFRs) provide analysis and policy recommendations to strengthen countries’ active participation at COP 28 Ahead of the 28th United Nations Conference on Climate Change (COP 28), the African Development Bank Group (https://www.AfDB.org) has launched country-by-country economic reports to guide African policymakers in their discussions at the global event. The new […]
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The Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People focuses on training, support for formalising businesses, funding and post-funding follow-up with the beneficiaries to ensure that interventions are sustainable Launched in 2020, the Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People (PAVIE) (https://apo-opa.info/44tUHxa) implemented in Senegal, […]
...The S&P Global Ratings assigned a AA-rating to the debut transaction, the highest rating for hybrid capital The African Development Bank Group (www.AfDB.org) has received global recognition for its inaugural hybrid capital issuance, positioning the Bank as a pioneer in innovative sustainable financing. The S&P Global Ratings assigned a AA-rating to the debut transaction, the highest rating […]
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