Tag: African Development Bank
The African Development Bank Group has approved $5.65 million in funding to pilot a new climate finance mechanism designed to unlock investment in some of Africa’s most challenging energy markets....
African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking at the Islamic Development...
During the World Circular Economy Forum (WCEF) 2023 in Helsinki, environment focussed directors from the leading Multilateral Development Banks met to discuss the topic of the circular economy for the...
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched an AUD 50 million 15-year Kangaroo Green Bond due March 2038. The new issuance was arranged...
The funding will allow AGGF to broaden its financing for climate-friendly projects in Africa The AfricaGoGreen Fund has made headlines with the announcement of its successful second fundraising close, securing...
The ACCF is a multi-donor trust fund that backs the African Development Bank Group’s target of tripling its climate financing and advancing Africa’s climate resilience Ireland and Austria have joined...
The project entails the design, construction, and operation of a greenfield solar photovoltaic (PV) plant with a capacity of 100 megawatts under a Build, Own and Operate (BOO) scheme The...
The SEFA grant complements existing facilities to mitigate the high risk associated with drilling activities and help attract commercial debt capital to finance the project The Board of Directors of...
The package comprises up to €100 million from the African Development Bank and up to €25 million from the Africa Growing Together Fund The Board of Directors of the African...
The High Ambition Coalition organized the session titled, Putting good quality adaptation finance in the spotlight at COP27 Germany has committed €40 million to the African Development Bank Group’s Climate...
The project will directly benefit public institutions responsible for the pharmaceutical industry’s development The Board of Directors of the African Development Fund, the concessional lending arm of the African Development...
The Alliance’s mission is to raise significant capital to accelerate Africa’s just and equitable transition to Net Zero emissions Alliance to raise up to $500 million of early-stage project preparation...
The UK was to grant £200m to the AfDB Group’s Climate Action Window, a new mechanism to channel climate finance The United Kingdom has announced a significant increase in its...
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