AfDB in Value Addition Talks with Asian Batteries Giants

AfDB in value addition talks with Asian batteries giants

The African Development Bank is in talks with Asian companies to create partnerships to increase the amount of critical minerals processed in African countries before being exported, an official told Semafor.Solomon Quaynor, an AfDB vice president, said bank officials had visited battery producers in India, Japan, and South Korea in recent months to discuss offering capital in return for the companies helping develop processing capabilities in A…

African Development Bank, & Asian Infrastructure Investment Bank (AIIB) Renew Partnership For Africa’s Sustainable Growth

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 …