AfDB Partners Global Firm On Youth Empowerment     The African Development Bank (AfDB) and Seedstars World, a Swiss-based start-up in emerging markets, have announced a strategic partnership to implement innovative ‘job creation track’ model to support youth employment and entrepreneurship in Africa. The partnership is in line...

AfDB, New Development Bank Partner To Fund Projects Across Africa   The African Development Bank (AfDB) and the New Development Bank have signed an agreement to promote new impact projects to improve lives of millions of Africans. Under the deal, the New Development Bank −a multilateral development...

AfDB Okays $500,000 Grant For NEAF   The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB), has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF), a new private equity fund developed by...

AfDB Signs Pact To Boost Fertilizer   The African Development Bank and the African Fertilizer and Agribusiness Partnership have signed two grant agreements for the implementation of fertilizer trade credit guarantee projects in Nigeria and Tanzania. The signing was held on the sidelines of the African Green...

AfDB, Japan Earmarks $3.5bn For Nigeria, Others   Japan and the African Development Bank have announced a joint target of $3.5bn under the Enhanced Private Sector Assistance for Africa initiative. Both Japan and the AfDB have set a target of $1.75bn each, from 2020-2022, to enhance the...

AfDB Gets $20m Investment For Energy Inclusion African Development Bank says it has received $20m investment from the Clean Technology Fund for the Facility for Energy Inclusion. The bank, in a statement on Wednesday, said the Facility for Energy Inclusion was sponsored by the AfDB to...