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AfDB onttrek personeel uit Ethiopië
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AfDB onttrek personeel uit Ethiopië

AfDB onttrek personeel uit Ethiopië Die Afrika-ontwikkelingsbank het die onttrekking van sy internasionale personeel uit Ethiopië aangekondig ná die arrestasie en aanranding van twee werknemers deur die land se veiligheidsmagte in Oktober. Die bank veroordeel die gruwelike skending van diplomatieke immuniteit, regte en voorregte van sy Addis Abeba-gebaseerde personeel, wat onregmatig gearresteer en aangerand is....

Namibia secures N$3,7b AfDB railway upgrade loan
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Namibia secures N$3,7b AfDB railway upgrade loan

The African Development Bank Group (AfDB) has approved a loan of N$3,7 billion (US$196,43 million) for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The project is estimated to cost N$7,1 billion (US$379,12 million). The loan represents 51,8% of the project’s total cost, while the Namibian government will provide the...

TransNamib sichert sich Milliardendarlehen von AfDB
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TransNamib sichert sich Milliardendarlehen von AfDB

Die Gelder sollen in erster Linie zur Aufwertung der Strecke Kranzberg-Otjiwarongo eingesetzt werden; © AfDB Die Afrikanische Entwicklungsbank (AfDB) hat ein Milliardendarlehen für die staatliche Eisenbahngesellschaft TransNamib abgesegnet. Die umgerechnet über N$ 3,6 Milliarden sollen zur Aufwertung des Schienennetzes in Namibia eingesetzt werden. Konkret geht es um die Strecke zwischen Kranzberg und Otjiwarongo. Zudem sollen...

AfDB approves Namibia’s N$3.6 billion rail infrastructure loan – Business Express
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AfDB approves Namibia’s N$3.6 billion rail infrastructure loan – Business Express

The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of $196.43 million (about N$3.6 billion) for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The loan, approved on 31 October 2023, represents 51.8 percent of the project’s total cost. The Namibian government will provide...

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AfDB, partners inject $1bn to fund Nigeria’s SAPZs

African Development Bank (AfDB), Islamic Development Bank (IsDB) and the International Fund for Agricultural Development have voted $1billion to deliver Special Agro-industrial Processing Zones (SAPZs) across 24 states in Nigeria. This is in addition to an initial $520 million voted by the development partners for the development of eight SAPZs projects in the country. President...

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AfDB boost farmers access to fertilisers with $2.9m in Uganda

The Board of Directors of the African Development Bank (AfDB) Group has approved a project to provide 60,000 metric tons of fertiliser to 400,000 smallholder farmers in Uganda. The bank in a statement issued on its website on Sunday said this would be done under the Fertiliser Financing for Sustainable Agriculture Management project. It said:...

AfDB glo vasteland kan voesdelsekerheid in 5 jaar bewerkstellig
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AfDB glo vasteland kan voesdelsekerheid in 5 jaar bewerkstellig

AfDB glo vasteland kan voesdelsekerheid in 5 jaar bewerkstellig Die president van die Afrika-ontwikkelingsbank, Akinwumi Adesina, is optimisties dat Afrika in ‘n goeie posisie is om binne die volgende vyf jaar voedselonsekerheid te oorkom. Adesina sê die vasteland het die nodige tegnologie en finansiering om voedselonsekerheid om te keer. Hy beklemtoon die bank steun programme...

Namibia to Benefit From AfDB Climate-Smart Agri Course
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Namibia to Benefit From AfDB Climate-Smart Agri Course

The African Development Bank (AfDB) will host a two-day hybrid training session for young people from southern African countries, including Namibia, on the role of technology in the development of agricultural practices. According to Afrik21, an online publication on the green economy, the environment and sustainable development in Africa, the course will be held in...

AfDB announces US$1 billion more for climate finance
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AfDB announces US$1 billion more for climate finance

African Development Bank (AfDB) president Akinwumi Adesina has announced a new US$1 billion facility to accelerate climate financing for Africa’s youth businesses. The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation (GCA). It invites young entrepreneurs and micro, small and medium enterprises in Africa to submit...

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AfDB to insure farmers against effects of climate change

The African Development Bank(AfDB) has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA) to insulate countries against catastrophic weather-related events. The AfDB’s President, Dr Akinwumi Adesina, said this in a statement on the bank’s website. Adesina spoke on the sidelines of the African Climate Summit in Nairobi, Kenya. The facility, which will be...