The Board of Directors of the African Development Bank Group (www.AfDB.org) approved an equity investment of $20 million in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across sub-Saharan Africa over a 10-year period. Inspired Evolution Investment Management is…
Work on the African Development Bank-financed ‘4th Abidjan bridge’ is 62% complete. This majestic structure, laid out on the right flank of the Attécoubé commune in central Abidjan, is gradually taking shape and its future users can now see it from a good distance. The “fourth bridge” of the Ivorian economic capital, currently under construction,…
The Africa Investment Forum boardrooms have drawn $32.8 billion in investment interest in bankable projects. Unveiling the results of the Forum’s virtual boardroom sessions on Thursday, African Development Bank Group President Dr. Akinwumi A. Adesina told the 500 project sponsors, investors, deal brokers and government representatives from around the world who took part in them:…
The African Development Bank organized from February 21 to 24, in Douala (Cameroon), a training workshop for the benefit of fifty actors on climate finance. The workshop, which also enabled a consultation of actors on a project relating to agriculture resilient to climate change, aimed to build the capacities in climate finance of actors from…
Former Minister of Agriculture, Dr Akinwumi Adesina is under intense pressure to Join the presidential race, multiple sources have revealed to Sahel Standard. The former minister who is currently the President of African Development Bank is said to have received several representations from top national leaders who see him as a winning candidate for the…
