Africa
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Rwanda: African Development Bank Group commits $101 million to sustainable water and sanitation reforms | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-14 00:00:00 ——————————————- The African Development Fund Board of Directors has approved a $101 million loan to fund the Rwanda Sustainable and Resilient Water and Sanitation Program – a policy-based operation to support the water and sanitation sector in Rwanda. The program aims to improve water and sanitation management and access to basic water supply…
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Cameroon: African Development Bank provides €63 million loan to improve entrepreneurship and industrial skills | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-14 00:00:00 ——————————————- The Board of Directors of the African Development Bank Group has approved a €63.09 million loan to Cameroon to promote entrepreneurship and improve skills to meet industry needs. Multinational partners, the private sector and the Cameroonian government will contribute approximately €2 million to the project costs, estimated at €64.93 million. Covering five…
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Interview with Béchir Afifi, co-founder and CEO of Fabskill, Tunisia | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-14 00:00:00 ——————————————- Help with starting a business, a valuable asset Béchir Afifi is a computer engineer. Formerly an executive at a ministry in Tunisia and part-time lecturer at the university, he decided to embark on the adventure of entrepreneurship with two friends: all three founded Fabskill in December 2018, a web recruitment platform that…
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African Economic Outlook 2023: Opportunities Abound for Asian Investors in Africa, Experts | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-13 00:00:00 ——————————————- Africa offers huge investment opportunities for Asian countries with the right incentives for their private sector, confirmed Prof. Kevin Urama, Chief Economist and Vice President of the African Development Bank Group. Urama made the call during a webinar to launch the 2023 edition of the African economic outlook report. The African Development…
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Ivory Coast: African Development Bank provides €400 million in partial credit guarantees to mobilize funds for ESG projects | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-12 00:00:00 ——————————————- The Board of Directors of the African Development Bank Group has approved a €400 million partial credit guarantee for Côte d’Ivoire to support the mobilization in international financial markets of financing for strategic environmental, social and governance (ESG) projects. Approval came on July 12, 2023. The partial credit guarantee enables Côte d’Ivoire…
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Mozambique: Prime Minister Malaysian praises the partnership of the African Development Bank Group during the visit of Bank Vice-President Akin-Olugbade and team | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-11 00:00:00 ——————————————- Mozambican Prime Minister Adriano Maleiane has strongly endorsed the African Development Bank’s development strategy in his country. Malaysian received the bank’s vice president for regional development, integration and business delivery, Marie-Laure Akin-Olugbade, in his office on Thursday. to make its initiatives more humane. Akin-Olugbade’s courtesy visit to the Prime Minister is part…
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Climate Action: African Development Bank Joins MDBs in Publishing Principles for Assessment of Paris Agreement Alignment | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-07 00:00:00 ——————————————- The African Development Bank and other multilateral development institutions have released a set of principles to ensure that climate finance is in line with the goals of the Paris Agreement. The MDBs work together to help accelerate the successful transition to a low-carbon and climate-resilient future by supporting appropriate long-term development pathways…
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SEFA takes hydropower modernization to the next level as an accelerator of the energy transition in Africa | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-07 00:00:00 ——————————————- At the Africa Energy Forum in the Kenyan capital, the Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has shown hydropower as a key element to meet the increasing demand for renewable energy. The Africa Energy Forum took place in Nairobi from 20-23 June, organized by Energy Net…
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Portugal confirms partnership with African Development Bank and Lusophone Compact | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-07 00:00:00 ——————————————- Portuguese Foreign Minister João Gomes Cravinho confirmed his country’s continued support for the African Development Bank at a meeting at the bank’s headquarters in Abidjan. Portugal has been a non-regional member of the Bank since 1983. Cravinho met with Swazi Tshabalala, Senior Vice President of the African Development Bank Group, and members…
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The space should not be an exclusive club, follow me! Africa’s first female astronaut pushes for continent | African Development Bank Group
Diplomat.Today The African Development Bank 2023-07-07 00:00:00 ——————————————- Africa’s first woman in space, 30-year-old Sara Sabry from Egypt, says space exploration shouldn’t be an exclusive club. The founder of the Deep Space Initiative was the center of attention on Tuesday, July 4 during a panel discussion at the Africa50 Infra Forum and General Shareholders’ Meeting in Lomé, the capital of…
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