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Business
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Economy
5/27/2023 5:00:56 PM
Governor of the Central Bank of Egypt (CBE) Hassan Abdallah urged on Friday the African Development Bank (AfDB) to increase its lending to member states on concessional terms.
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Business
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Economy
5/25/2023 2:57:12 PM
Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY, according to the African Economic Outlook 2023.
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Business
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Economy
5/24/2023 6:41:10 PM
Egypt is seeking concessional loans from regional and international development partners to ensure sustainable spending on healthcare, education and food security programs, Minister of Finance Mohamed Maait said on Wednesday.
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Business
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Economy
5/24/2023 3:03:54 PM
The African Development Bank (AfDB) announced that it has mobilized $2.2 billion to fund Egypt's water desalination and treatment projects for agriculture, the bank's President Akinwumi Adesina announced on Tuesday.
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Business
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Economy
5/23/2023 11:10:00 PM
President Abdel-Fattah El-Sisi said Africa needs unconventional ideas and financing solutions to address pressing issues such as climate change and sustainable development.
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Egypt
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Foreign Affairs
5/23/2023 11:09:59 PM
Egyptian President Abdel-Fattah El-Sisi discussed relations with Comorian President Azali Assoumani and Zimbabwean President Emmerson Mnangagwa on the sidelines of the African Development Bank meetings, announced Spokesperson for the Presidency Ahmed Abu-Zeid on Tuesday.
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Business
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Economy
5/21/2023 6:36:05 PM
The 58th Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 49th Meetings of the Board of Governors of the African Development Fund are set to kick off on Monday in the Egyptian city of Sharm El-Sheikh for five days.
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Business
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Economy
4/4/2023 9:55:28 PM
President Abdel-Fattah El-Sisi said on Tuesday that Egypt is looking forward to increasing cooperation with the African Development Bank (AfDB), during his meeting with the bank’s chairman, Akinwumi Adesina and his delegation in Cairo.
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Business
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Economy
3/29/2023 5:06:52 PM
Egypt secured a total of $2.6 billion in development financing from its multilateral and bilateral development partners for the private sector in 2022, according to the 2022 Annual Report “International Partnerships for Sustainable Development: From Pledges to Implementation” the Ministry of International Cooperation released on Wednesday.
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Business
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Economy
2/12/2023 3:33:29 PM
Actions by Egypt to increase the private sector’s role in the country’s economy are critical for its economic growth and job creation, the Secretary General of the African Development Bank (AfDB) Group Vincent O. Nmehielle told Ahram Online.
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Business
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Economy
1/27/2023 7:13:17 PM
The African Development Bank (AfDB) is working with Egypt to alleviate the impacts of the war in Ukraine on the country’s food security and agriculture, including by funding water projects, said the President of the AfDB Akinwumi Adesina.
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Business
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Economy
1/27/2023 2:05:11 PM
The African Development Bank (AfDB) Group in partnership with the government of Canada launched a new initiative aiming to support Africa’s small and medium enterprises (SMEs) in the agriculture sector.
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Business
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Economy
1/26/2023 6:43:55 PM
On its second day, the Dakar 2 Summit called for increasing and accelerating private sector investments in agribusiness as a promising area that contributes to Africa’s sustainable development and prosperity.
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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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