Business
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Economy
1/26/2023 1:46:03 PM
The African Development Bank (AfDB) Group announced it is committing $10 billion over the next five years to reinforce Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world.
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Business
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Economy
1/25/2023 10:10:18 PM
Under the Chairmanship of the President of the Republic of Senegal the Chairperson of the African Union Macky Sall, the Government of the Republic of Senegal and the African Development Bank (AfDB), the three-day Dakar Summit 2 kicked off on Wednesday under the theme: “Feed Africa: Food Sovereignty and Resilience”.
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Al-Ahram Weekly
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COP27
11/22/2022 8:42:58 PM
African Development Bank President Akinwumi Adesina explains the importance of the UN COP27 Climate Conference for Africa and the continent’s urgent financing needs to Doaa A. Moneim
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COP27
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Focus
11/10/2022 1:43:41 PM
The Benban solar power park, which is located in the "Jewel of the Nile" Aswan in Upper Egypt, is one of the largest solar power parks in the world.
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COP27
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Climate change
11/5/2022 12:35:25 PM
The African Development Bank (AfDB) is set to join global leaders, including from Africa, at the 2022 UN Climate Change Conference (COP27) to amplfy Africa’s concerns and priorities on climate change, the AfDB said in a statement on Friday.
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Business
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Economy
9/8/2022 5:26:50 PM
Africa needs significant investments to build climate adaptation and resilience capacity in order to gain the benefits of climate resilience, investments which exceed the capacity of African countries alone, AfDB Vice President Kevin Urama said.
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Business
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Economy
7/31/2022 4:12:43 PM
Africa has been losing from 5 to 15 percent of its GDP per capita growth due to climate change and its impacts, according to the Acting Chief Economist and Vice President of the African Development Bank (AfDB) Kevin Urama.
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Business
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Economy
7/19/2022 1:51:23 PM
The African Development Bank’s (AfDB) Board of Directors approved a loan on Thursday worth $271 million to finance Egypt’s Food Security and Economic Resilience Support Programme that targets supporting the country’s efforts to mitigate the impact of the global shocks on the domestic economy.
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Business
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Economy
6/27/2022 3:29:19 PM
The African Development Bank (AfDB)’s Board of Directors approved the establishment of the African Pharmaceutical Technology Foundation (APTF) on Monday.
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Business
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Economy
6/23/2022 3:00:58 PM
Kevin Urama, the acting chief economist and vice president for economic governance and knowledge management at the African Development Bank (AfDB), attended the third edition of the Aswan Forum for Sustainable Peace and Development that was held in Cairo earlier this week.
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Al-Ahram Weekly
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Economy
5/31/2022 10:08:40 PM
This year’s African Development Bank annual meetings emphasised its work in helping the African continent to face up to climate change and energy transition
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Business
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Economy
5/27/2022 10:47:03 PM
The African Development Bank (AfDB) named Egypt on Friday as the host of the 58th round of its annual meetings in 2023.
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Business
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Economy
5/27/2022 6:27:35 PM
The African Development Bank (AfDB) has launched the Africa Circular Economy Facility (ACEF) at a total value of €4 billion in collaboration with the Finnish government, said Kariuki Kevin Kanina, the bank’s Vice President for Climate Action.
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Business
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Economy
5/25/2022 9:26:24 PM
The African Development Bank (AfDB) has raised its projections for Egypt’s real GDP growth to 5.7 percent in 2022 – up from 4.7 percent it expected in 2021 – before slowing down to 5.1 percent in 2023, according to the bank’s African Economic Outlook Report released on Wednesday.
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Business
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Economy
5/23/2022 8:03:05 PM
The African Development Bank (AfDB) supports Egypt’s efforts to prepare for the upcoming UN Climate Change Conference (COP27) scheduled to be held in November in Sharm El-Sheikh, the bank’s president Akinwumi A. Adesina told Ahram Online.
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Business
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Economy
5/22/2022 3:48:02 PM
Returning to an in-person format after years of virtual meetings due to the coronavirus pandemic, the 57th round of the African Development Bank (AfDB) Group’s annual meetings will kick off on Monday in the Ghanian capital of Accra under the theme ‘Achieving Climate Resilience and a Just Energy Transition for Africa.”
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Business
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Markets & Companies
3/22/2022 2:46:24 PM
The International Finance Corporation (IFC) — a member of the World Bank Group — along with African and European partners launched on Tuesday the Alliance for Entrepreneurship in Africa (AforE).
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Business
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Economy
3/15/2022 8:50:00 PM
Minister of International Cooperation Rania Al-Mashat discussed with a high-level delegation from the African Development Bank (AfDB) on Tuesday cooperation over the upcoming UN Climate Change Conference (COP27) next November in the Red Sea resort city of Sharm El-Sheikh.
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Business
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Economy
10/10/2021 4:08:03 PM
Egypt’s Ministry of International Cooperation launched on Sunday national consultations with the African Development Bank (AfDB) to prepare for the new Country Strategy 2022-2026, within the framework of a series of discussions the ministry holds in coordination with relevant national entities in order to update the cooperation strategies with development partners for the upcoming five years.
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Business
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Economy
9/22/2021 2:58:38 PM
The AfDB s current portfolio in Egypt amounts to 1 billion, which are being utilised to finance 22 projects in both the private and public sectors
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