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Co-financing : AfDB and AFD Sign New €2 Billion Partnership Agreement

he African Development Bank Group and the French Development Agency (AFD) have signed a co-financing and partnership agreement to strengthen their relationship and mobilize additional resources for high impact projects in Africa. The five-year agreement (2021-2026) provides for an indicative €2 billion in co-financing for the first three years.The existing...
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Morocco: AfDB forecasts 4.5% growth in 2021

Morocco's real gross domestic product (GDP) growth should rebound to 4.5% in 2021, according to the African Development Bank (AfDB). "Real GDP growth is expected to rebound to 4.5% in 2021 as the economy recovers from a major recession and agriculture returns to good growth," the AfDB said in its...
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West Africa: From CDCs to AfDB School of Development Strategies

During a training and reinforcement session organized by videoconference from January 20 to 21, African Development Bank (AfDB) provided to 5 Caisses de Dépôts et Consignations of West African franc zone as well as those of Gabon and Tunisia, the necessary tools to better manage public savings and investments....
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Africa: AfDB-EIB Alliance to boost development

The African Development Bank (AfDB) and the European Investment Bank (EIB) have just signed a joint partnership action plan highlighting their enhanced cooperation and mutual development priorities in order to stimulate investment in the public and private in Africa. The two institutions will develop a common portfolio of bankable projects....
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G5 Sahel AfDB allocates $ 5 million to renewable energy projects

The "Desert to Power" initiative has just received a grant of 5 million dollars from the Sustainable Energy Fund for Africa (Sefa), managed by the African Development Bank (AfDB). The money will be used to finance feasibility studies for renewable energy projects developed in the G5 Sahel countries, according to...
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