African Development Bank’s SEFA approves $5 million in grants to set up super energy service companies in three countries

The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank has approved a technical assistance grant of $5.03 million to implement the Africa Super Energy Service Companies (ESCO) acceleration program in Rwanda, Senegal and South Africa.

African Development Bank, Coalition for Dialogue on Africa, launch $5.9 million project to stem illicit financial flows from Africa

The African Development Bank and the Coalition for Dialogue on Africa (CoDA) have officially launched a three-year support project to improve regional coherent and coordinated response to illicit financial flows. The project will help African stakeholders actively engaged in stemming such flows to improve domestic revenue...

African Development Bank debars Ogon-Asu Company Limited and Mr. William Tuku Ogon for 15 months for fraudulent and obstructive practices

The African Development Bank Group, on 9 March 2023, announces a 15-month debarment of Ogon-Asu Company Ltd. and its Chief Executive Officer, Mr. William Tuku Ogon, with effect from 24 February 2023. Ogon-Asu Company Ltd. is a construction company registered in the Federal Republic of Nigeria.