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Tag:African Development Bank (AfDB)

COP27: Spain, Switzerland announce €10m to AfDB’s urban, municipal devt fund

The Swiss Confederation and Spain have announced additional financial support of €10 million to African countries and cities affected by the negative effects of...

Germany commits €40m to AfDB’s climate action window

Germany has committed €40 million to the African Development Bank (AfDB) Group’s Climate Action Window, German State Secretary for Economic Cooperation and Development, Jochen...

Activists call out AfDB President over statement in support of fossil gas expansion in Africa

Climate activists are up in arms following a statement made by African Development Bank President, Akinwumi Adesina, at COP27, indicating that Africa “must have gas to...

Osinbajo, former Colombia president, AfDB lead billion-dollar carbon market

The Federal Government of Nigeria is pioneering a voluntary billion dollars’ worth Carbon Market on the continent. Laolu Akande, Senior Special Assistant to the President...

Shelter Afrique eyes Sovereign Lending market

Shelter Afrique is developing a Sovereign Lending product to supplement its traditional products that attend to both the demand and supply sides of the...

AfDB commits $210m for development of Nigeria’s agro-processing zones

The African Development Bank (AfDB) says it is providing $210 million for the development of the Special Agro-Industrial Processing Zones (SAPZ) programme in Nigeria. AfDB’s...

AfDB to fund women businesses with $500m

The African Development Bank (AfDB) expects to disburse $500 million for women businesses in 2022. President of the AfDB, Dr Akinwumi Adesina, said this at...

CSOs urge AfDB, EIB to formulate fossil fuel exclusion policy

As the Finance in Common summit kicks off in Cote d'Ivoire, civil society organisations are calling on leading Public Finance Institutions, among them the...

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GCF announces commitment to mobilise $100m for Chad

The Green Climate Fund (GCF) has announced an accelerated programme of action in support of the government of Chad's...
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Climate action can be one of the world’s biggest job creators

We are in the midst of a great economic shift - one that will shape livelihoods and growth for...

NLNG cuts Nigeria’s gas flaring to below 12%, eyes further expansion

Nigeria LNG Limited (NLNG) has reduced Nigeria’s gas flaring from about 62 per cent to less than 12 per...

Must read

GCF announces commitment to mobilise $100m for Chad

The Green Climate Fund (GCF) has announced an accelerated...

Climate action can be one of the world’s biggest job creators

We are in the midst of a great economic...
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