Africa
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African Development Bank Group’s $140,000 AgriPitch Contest Names 25 Finalists to Compete for Grand Prizes | African Development Bank
Diplomat.Today The African Development Bank 2023-01-10 00:00:00 ——————————————- Twenty-five youth-led companies in the agricultural sector from 14 African countries have advanced to the finalist round of the African Development Bank Group’s 2022 AgriPitch competition. The Bank, in conjunction with executive lead Private Equity Support and partner organizations Eldohub and the Private Finance Advisory Network, has announced the 25 finalists for…
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Dakar 2 Summit – Feed Africa: Food Sovereignty and Resilience | African Development Bank
Diplomat.Today The African Development Bank 2023-01-10 00:00:00 ——————————————- WHAT: Dakar 2 Summit – Feed Africa: Food Sovereignty and Resilience WHO: The African Development Bank Group, Government of Senegal, African Union Commission WHEN: January 25-27, 2023 WHERE: Dakar, Senegal Abdou Diouf International Conference Center (CICAD), Diamniadio “We are calling for a global coalition of efforts around Africa to unlock its immense…
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New data collection tool launched in Sudan | African Development Bank
Diplomat.Today The African Development Bank 2023-01-06 00:00:00 ——————————————- Collecting data on African Development Bank projects in Sudan will now be an easier and faster exercise following the bank’s launch of the Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) initiative. The RASME platform enables the remote collection of field data throughout the lifecycle of a project. It uses electronic devices such…
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Africa Investment Forum’s Founding Partners Secures $1 Billion in Memoranda of Understanding at US-Africa Leaders’ Summit | African Development Bank
Diplomat.Today The African Development Bank 2022-12-23 00:00:00 ——————————————- Africa Investment Forum (AIF) received significant support in the US last week to advance key infrastructure projects for the continent. Three founders of the Africa Investment Forum signed memoranda of understanding worth more than $1 billion with the Export-Import Bank of the United States (EXIM) to expand U.S. trade and investment in…
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Legal Support Facility in Africa prepares for 2023-2027 plan into new phase | African Development Bank
Diplomat.Today The African Development Bank 2022-12-23 00:00:00 ——————————————- What: Launch of the African Legal Support Facility Medium Term Strategy 2023 – 2027 and new visual identity Who: The African Legal Support Facility (ALSF) When: 31st January 2023; 13:00 – 14:30 UTC/GMT Where: Virtual – click here to join The African Legal Support Facility (“ALSF” or the “Facility”) will launch its…
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African Development Bank unveils the African Pharmaceutical Technology Foundation at the 2nd International Conference on Public Health in Africa | African Development Bank
Diplomat.Today The African Development Bank 2022-12-22 00:00:00 ——————————————- The African Development Bank Group has formally launched its new initiative that will join hands with the African Union to increase Africa’s capacity to produce medicines, vaccines, diagnostics and therapies across the value chain, helping its pharmaceutical sector build up. The African Pharmaceutical Technology Foundation (APTF) was the focus of a forum…
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African Development Bank Approves $40 Million Trade Finance Package for Bank One Limited Mauritius | African Development Bank
Diplomat.Today The African Development Bank 2022-12-22 00:00:00 ——————————————- The board of directors of the African Development Bank Group has approved a $40 million trade finance package in favor of Bank One Limited of Mauritius. The financial package included a $25 million risk participation agreement and a $15 million transaction guarantee. The Transaction Guarantee Facility allows the Bank to provide up…
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Tunisia: African Development Bank Group board approves $27 million and €10 million loans for Kairouan solar plant | African Development Bank
Diplomat.Today The African Development Bank 2022-12-22 00:00:00 ——————————————- The Board of Directors of the African Development Bank Group has approved a $27 million and €10 million loan package to co-finance the construction of a 100 megawatt solar power plant in Kairouan, Tunisia. The Board approval includes $10 million and an additional €10 million from the Bank, and $17 million concessional…
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Review 2022: Confidence in the African Development Bank is increasing! | African Development Bank
Diplomat.Today The African Development Bank 2022-12-22 00:00:00 ——————————————- 2022 was a year of renewed confidence in the African Development Bank Group. Contributing countries mobilized and contributed $8.9 billion to supplement the African Development Fund under ADF-16. In addition, they acceded to the request of senior management of the banking group to create a dedicated climate action window under ADF-16. Japan,…
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African Development Fund: More than $7.4 million donated to fight neglected tropical diseases in Burkina Faso, Niger and Mali | African Development Bank
Diplomat.Today The African Development Bank 2022-12-22 00:00:00 ——————————————- The Board of Directors of the African Development Bank Group approved on December 8, 2022 the award of a grant of $7,443,664 under the “ECOWAS quality health infrastructure to fight against Neglected Tropical Diseases” project deployed to the common borders of Burkina Faso, Niger and Mali. The West African Health Organization (WAHO)…
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