Africa
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African Development Bank country managers hold talks with Southern African Development Community officials | African Development Bank
Diplomat.Today The African Development Bank 2022-11-11 00:00:00 ——————————————- Country managers from the African Development Bank Group and representatives from the Secretariat of the South African Development Community (SADC) held a series of discussions last month about deepening regional integration in the 16-country body through increased cooperation. The talks took place at a meeting on October 24 in Gaborone, Botswana. The…
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African Development Fund invests more than $6 million to develop the pharmaceutical sector in South and East Africa | African Development Bank
Diplomat.Today The African Development Bank 2022-11-11 00:00:00 ——————————————- The board of directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, approved a $6.63 million grant to the Common Market for Eastern and Southern Africa (COMESA) on November 2, 2022 in Abidjan to develop the pharmaceutical sector in the sub-region. The project, which will…
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$2 Million in Awards at COP27 to African Youth-led Businesses | African Development Bank
Diplomat.Today The African Development Bank 2022-11-11 00:00:00 ——————————————- Twenty African youth-led enterprises have each won a grant of up to $100,000 in this year’s African Youth Adaptation Solutions Challenge (YouthADAPT) competition. In addition to the scholarship, each winner will benefit from a 12-month accelerator program to help them grow their business, increase their impact and create decent jobs. The annual…
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COP27: Egypt and 100 partners, including the African Development Bank, launch “Guidebook for Just Financing” to tackle climate challenges | African Development Bank
Diplomat.Today The African Development Bank 2022-11-11 00:00:00 ——————————————- The Egyptian government launched the Sharm El Sheikh Guide to Equitable Finance at a roundtable event on November 10 at COP27. The guide was created by the Egyptian Ministry of International Cooperation and more than 100 development partners, companies, development finance institutions and non-profit organizations. These include the International Monetary Fund, the…
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COP27: African and Global Partners Launch Multi-Billion Green Infrastructure Alliance | African Development Bank
Diplomat.Today The African Development Bank 2022-11-11 00:00:00 ——————————————- The African Union, the African Development Bank Group and Africa50 – in collaboration with several global partners – have launched the Alliance for Green Infrastructure in Africa (AGIA), an initiative to scale up and accelerate financing of green infrastructure projects in Africa. The collaborating global partners working with the African Union, the…
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Cameroon: African Development Bank enters into dialogue with Cameroonian financial institutions to strengthen women entrepreneurs’ access to finance | African Development Bank
Diplomat.Today The African Development Bank 2022-11-11 00:00:00 ——————————————- The African Development Bank’s Director General for Central Africa, Serge N’Guessan, led a delegation for a series of talks with Cameroonian private sector stakeholders, including women entrepreneurs, between 24 and 30 September 2022 in Douala. Professional associations and the financial institutions that work with them in the context of the Bank’s Affirmative…
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African Development Bank partners with University of Oxford to build capacity in sustainable finance | African Development Bank
Diplomat.Today The African Development Bank 2022-11-10 00:00:00 ——————————————- The African Development Bank is partnering with the University of Oxford to provide training on sustainable finance for up to 1,000 public and third sector workers from across Africa. The University of Oxford’s Public and Third Sector Academy for Sustainable Finance is a global center for learning and capacity building. It focuses…
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Egypt: African Development Bank Provides $160M Loan to Banque Misr to Strengthen Private Sector Participation in Egypt’s Economy | African Development Bank
Diplomat.Today The African Development Bank 2022-11-10 00:00:00 ——————————————- The board of directors of the African Development Bank has approved a $160 million loan to Banque Misr to finance Egyptian companies investing in key sectors of the economy. The loan consists of a $130 million line of credit from the bank and an additional $30 million in funds from the Africa…
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African Development Bank First Investor to Commit to TDB Class C Green+ Shares Launched at COP27 | African Development Bank
Diplomat.Today The African Development Bank 2022-11-10 00:00:00 ——————————————- The African Development Bank and the Eastern and Southern African Trade and Development Bank (TDB) have teamed up to launch a unique financial tool to catalyze finance for sustainable development on the continent. At the ongoing global climate summit, COP27, the African Development Bank announced an investment commitment of $15 million in…
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Angola: African Development Bank Group notes country’s excellent economic and fiscal reform | African Development Bank
Diplomat.Today The African Development Bank 2022-11-10 00:00:00 ——————————————- At the end of a three-day official visit to Angola, Leila Mokaddem, director general of the African Development Bank Group for Southern Africa, praised the Lusophone nation for its continued economic reforms. Mokaddem visited Angola from November 8 to 9, 2022, where she met with members of the government in key portfolios.…
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