25/4/2016/AfDB The Board of Directors of the African Development Bank (AfDB) approved a US $25-million Trade Finance Line of Credit facility to Central Africa Building Society (CABS) of Zimbabwe on April 20, 2016. This medium-term facility will help to support the expansion of CABS’ operations as a provider of trade […]
Tag: African Development Bank
AfDB and GEF boost renewable energy projects across Africa and urban planning in Cameroon
AfDB The Global Environment Facility (GEF) announced on April 15, 2016, the approval of USD 18 million in funding for two projects co-financed with the African Development Bank (AfDB). The first project aims at supporting African countries to shift toward renewable energy (RE) infrastructure through the preparation of RE projects, […]
Ending malnutrition to boost the brainpower and spur economic growth in Africa
18/04/2016/AfDB “The greatest contributor to economic growth is not physical infrastructure, but brainpower, or ‘gray matter infrastructure’”, says Akinwumi Adesina, President of the African Development Bank. Malnourished children do not feed their brains or bodies, and “stunted children today leads to stunted economies tomorrow”, he said Saturday in Washington during […]
