The Board of Directors of the African Development Bank Group has approved an equity investment of €18 million in the Africa Guarantee Fund (AGF) and another €1.2 million to support youth and women entrepreneurs engaged in agricultural value chains in Kenya.
To face the unprecedented new global challenges brought about by the COVID-19 pandemic, the spotlight has turned to the importance of the private sector in building resilience in transition states and in particular, the crucial role of supporting micro, small and medium-sized enterprises (MSMEs).
The main objective of the Mozambique CSP 2023-2028 is to promote structural transformation by improving the country's fiscal situation, creating decent jobs and achieving inclusive growth
Afdb Director Daniel Schroth (left), and Power Africa’s Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi
Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a cooperation agreement to mobilize Spanish private sector expertise for African cities. Abidjan, Côte d’Ivoire, 14th June, 2023.
Loko, Nasarawa Nigeria - Road Construction
The African Development Bank’s $11 million equity investment in BluePeak Private Capital Fund will support midsize pharmaceutical and other firms across Africa.
AfDB Vice President Solomon Quaynor (left) and Thapelo Tsheole, ASEA’s President and CEO of the Botswana Stock Exchange, signed a grant agreement for $600,000 for the African Exchanges Linkage Project in Gaborone.
Carolyne Mwangi, CEO of Kimplanter Seedlings and Nurseries in Kenya, received a $100,000 grant and business growth training though the YouthADAPT Challenge, a program co-financed by the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund
The African Development Bank has held workshops with aircraft manufacturers Airbus and ATR to explore ways of strengthening access to finance for African airlines.
The sessions, held on 14 and 15 June, will support the Bank’s efforts to develop and adapt financing instruments to the continent’s aviation needs...
