African Development Bank (AfDB)

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…
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The Board of Directors of the African Development Bank approved a development financing for Egypt worth $271m, within the framework of the rapid financing mechanism to face the repercussions of the…
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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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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…
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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…
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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…
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Minister of Electricity and Renewable Energy Mohamed Shaker said Egypt continues to exert efforts to act as a transit corridor for the clear energy that the African continent enjoys.
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The African Development Bank Group and the Ministry of International Cooperation launched consultations for the Bank’s new Country Strategy Paper for Egypt.
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The board of the African Development Bank (AfDB) approved on Wednesday an €83 million (around $100 million) loan to finance the second phase of Egypt’s Electricity and Green Growth Support Programme…
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The African Development Bank and the International Fund for Agricultural Development (IFAD), the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, will work closely…
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