The investment is projected to contribute to the creation of over 1,600 full-time equivalent jobs by 2031, while also fostering regional integration, and generating clean, reliable energy December 16, 2024/AfDB The African Development Bank’s Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for […]
World News
EAAIF Backs CEC Renewables’ $96.7Million Green Bond to Increase Zambia’s Solar Capacity, Tackle Country’s Energy Crisis
136 MW solar plant will provide clean energy to communities and businesses in Zambia, helping to overcome the country’s energy crisis The transaction demonstrates EAAIF’s commitment to support capital market development in Africa, providing fundraising solutions for dynamic companies December 13, 2024/Africa Practice The Emerging Africa & Asia Infrastructure Fund […]
Bank commemorates 60 years of impact in Ethiopia
From 1975, when the Bank first began operations in Ethiopia, it has financed 213 projects including 39 in transportation, 28 in energy; 66 in agriculture; and some five projects in job creation December 12, 2024/AfDB Ethiopia has joined other countries across the continent to celebrate the African Development Bank’s 60th […]
