The Bank of Industry says it is currently collaborating with the African Development Bank (AfDB) on the launch and implementation of the 300 million dollars Affirmative Finance Action for Women in Africa (AFAWA). Managing Director, BoI, Mr Olukayode Pitan made…
By Kayode Tokede The African Development Bank (AfDB) stood out at the 22nd edition of the Global Finance Best Investment Bank Awards, where the prestigious U.S. magazine specializing in financial markets recognizes investment banking capacities. Global Finance named the AfDB…
The African Development Bank (AfDB) has approved two grants of $1.3 million for research aimed to increase African women’s access to a range of digital financial services, including loans and micro-insurance. According to a statement from the AfDB on Monday,…
By Kayode Tokede The African Development Bank (AfDB) Group has signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) to strengthen securities market regulation and broaden market instruments. The Director General of the Commission, Lamido Yuguda stated…
The African Development Bank (AfDB) is providing a US$965,000 grant to Morocco’s Super Energy Service Coany to support the firm’s growth plans. The Bank said the deal was sealed on Tuesday. The grant will provide Société d’Ingénierie Energétique (SIE) with…
By Kayode Tokede The African Development Bank (AfDB) says Africa accounted for only six per cent of global energy demand, a little more than three per cent of electricity demand. Vice President, Power, Energy and Green Growth of AfDB Mr…
The African Development Bank (AfDB) has committed an additional 12.5 billion dollars to climate finance between 2020 to 2025 in Africa. President of the AfDB, Dr Akinwumi Adesina, said this at the first online international Climate Adaptation Summit (CAS) 2021…
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a Joint Action Plan to strengthen cooperation between both banks and support investment across Africa. The signing ceremony for Joint Action Plan with EIB was organised virtually…
