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African Development Bank to Provide $24m Loan for Poverty Reduction Campaign in Zambia
The African Development Bank (AfDB) has announced that it is providing a $24 million loan to finance the poverty reduction campaign in Zambia. How People Arrived Here: African Development Bank Group
Islamic Development Bank’s Board of Executive Directors Approves $1m Relief Package for Somalia
The Islamic Development Bank’s Board of Executive Directors has approved a $1 million relief package to help the drought-hit people of Somalia where famine threatens more humanitarian disaster.
African Development Bank Endorses Over $500 Million for Its Operations in Rwanda
The African Development Bank has endorsed over $500 million for its operations in Rwanda lasting for a period of five years.
African Development Bank Director for the Southern Africa Region in Malawi for a Five Day Appraisal Visit
The African Development Bank (AfDB) Director for the Southern Africa Region Chiji Ojukwu is in Malawi for a five day visit to appraise the bank’s funded projects from July 11 to 16th.
World Bank’s Board of Directors Approve $150m Loan to Improve Governance in Ethiopia
The World Bank’s Board of Directors said on Wednesday that it has approved a $150 million loan to Ethiopia that could see more than 2.8 million people benefit from better urban governance, infrastructure, and public services.
African Development Bank to Support Establishment of Nigerian Micro Finance Bank
The Resident Representative of the African Development Bank (AfDB) Country Office, Mr Herve Assan, says the bank will offer a $1 million grant to establish the AB Micro Finance Bank of Nigeria (ABN). Assan told journalists on Wednesday in Abuja that the...
African Development Bank Resumes Operations in Somalia
Somalia has resumed ties with the African Development Bank (AfDB) with the signing of an agreement to donate $2 million for financial assistance and technical management of public finances. The support to the Transitional Federal Government of Somalia,...
Rwanda And the African Development Bank Sign $7m Deal
The government of Rwanda and the African Development Bank (AfDB) have signed a grant worth over $7 million towards small and medium scale enterprises development. The permanent secretary of the Ministry of Finance and Economic Planning, John Rwangombwa,...
