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AfDB drives energy, agriculture, financial innovation with over $145m in new initiatives across Africa
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5 Articles
Olivier Pognon: The ALSF helps African governments enter into legal contracts that are fair, equitable, and sustainable
Olivier Pognon, Director and CEO of the African Legal Support Facility (ALSF), spoke to Samantha Seewoosurrun in an exclusive interview during a recent visit to Mauritius where he explained how the legal advisory firm, which started out as a small project within the African Development Bank, is now a full-fledged international organisation with 48 African countries as members. He reflects on the importance of public-private partnerships as a veh…
As part of its strategy for the development of foreign trade and the strengthening of support for Tunisian companies, an agreement has been announced between BIAT and the African Development Bank (AfDB) on a $50 million credit line aimed at strengthening the support of international clients and facilitating the issuance of "Trade Finance" instruments on a larger scale and geographical coverage, with optimized conditions. In the same spirit of ex…
AfDB and Sustainable Energy Fund for Africa Provide $40 Million Investment in Equity Platform Zafiri to Accelerate Renewable Energy Access Across Africa
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $40 million equity investment in Project Zafiri, a transformative equity platform and flagship initiative under Mission 300 (https://apo-opa.co/4m1ve7m). This investment will accelerate the expansion of renewable energy access across Africa. Zafiri – jointly developed by the Bank, World Bank Group and other partners – aims to address the critical shortage of pat…
AfDB’s SEFA advances electric cooking across East and Southern Africa: A turning point for Clean Energy Transition - Africa Sustainability Matters
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has launched an innovative, carbon-backed initiative that may reshape clean energy access in East and Southern Africa. Today, SEFA announced a US $4 million reimbursable grant to support the Burn Electric Cooking Expansion Program (BEEP), which will deploy 115,000 ECOA induction cookers to low-income, grid-connected households […]
AfDB drives energy, agriculture, financial innovation with over $145m in new initiatives across Africa
The African Development Bank (AfDB) (www.AfDB.org) has rolled out a series of transformative investments spanning clean energy, agriculture, and financial market modernization, with more than $145 million committed to projects across Africa. These initiatives aim to accelerate renewable energy access, promote sustainable agriculture, empower women and youth, and modernize capital markets to drive inclusive growth. […] The post AfDB drives energy…
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