AFDB Archives - The Cheer News

AfDB Purchases Temporary Bridges To Replace Destroyed Infrastructure In Mozambique

EDITORMarch 10, 2021March 10, 2021

by EDITORMarch 10, 2021March 10, 2021023

BY MARY KUYE The African Development Bank has finalized the purchase of 26 modular steel bridges to replace infrastructure that was destroyed in weather disasters in...

Global Finance Adjudged AfDB World’s Best Multilateral Financial Institution 2021

EDITORMarch 9, 2021

by EDITORMarch 9, 2021035

Global Finance has adjudged the African Development Bank, AfDB the World’s Best Multilateral Financial Institution 2021. AfDB stood out at the 22nd edition of the...

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Africa Digital Inclusion Facility Approves Grants Worth $1.3m For Two Research

EDITORMarch 8, 2021

by EDITORMarch 8, 2021050

The African Development Bank (www.AfDB.org) has approved two grants for research that will increase African women’s access to a range of digital financial services including loans...

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International Women’s Day: AfDB Introduces Women Beneficiaries of AFAWA Guarantee for Growth program

EDITORMarch 8, 2021

by EDITORMarch 8, 2021029

BY LEVI ADESULU In celebration of International Women’s Day, and to mark the rollout of the Affirmative Finance Action for Women in Africa (AFAWA) Guarantee...

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AfDB Signs €109m Agreement With Egypt To Transform Rural Sewage Coverage

EDITORMarch 5, 2021

by EDITORMarch 5, 2021040

BY DAYO ADESULU The African Development Bank Group has signed financing agreements of €109 million with the Government of Egypt to improve sanitation infrastructure and...

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AfDB Approves $27m Loan For Egypt’s Kom Ombo Solar Power Plant

EDITORMarch 3, 2021

by EDITORMarch 3, 2021069

BY DAYO ADESULU The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200...

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AfDB Gives $320 000 Grant To Mainstream Gender in ECOWAS Digital Operations

EDITORMarch 3, 2021

by EDITORMarch 3, 2021094

BY DAYO ADESULU The Board of Directors of the African Development Bank has awarded a grant of $320, 535 to the West African Monetary Agency...

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JICA Provides $289m Support To Fight COVID-19 In Mauritius

EDITORFebruary 25, 2021

by EDITORFebruary 25, 2021027

The Japan International Cooperation Agency (JICA) has extended an Official Development Assistance loan of up to 30 billion Japanese yen ($289 million) to support Mauritius’...

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African Development Fund: Japan, AfDB Group, sign JPY 73.6b Loan Agreement

EDITORFebruary 17, 2021

by EDITORFebruary 17, 2021078

BY DAYO ADESULU The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group...

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AfDB Debars Global Interjapan (Kenya) Limited for 36 months for fraudulent practices

EDITORFebruary 16, 2021

by EDITORFebruary 16, 2021077

The African Development Bank Group, on 16 February 2021, announces the 36-month debarment of Global Interjapan (Kenya) Limited with effect from 24 August 2020. Global...