AfDB approves €83m loan to Egypt’s Electricity,Green Growth Programme
Programme seeks to enhance local power sector’s financial sustainability, governance, and operations
Egypt, AfDB sign €145m agreement to improve railway system
The agreement will see the Egyptian National Railway Authority's (ENRA) main Alexandria,…
AfDB, EBRD partner to promote sustainable private sector development in Africa
Agreement to help bridge $2.5trn annual financing gap for development in Africa
AfDB extends €145m loan to bolster Egypt’s railway safety, reliability
The financing comes as part of the Egypt National Railways Modernization Project…
AfDB named World’s Best Multilateral Financial Institution 2021 by Global Finance
The bank stood out at the 22nd edition of the Global Finance…
Egypt’s GDP projected to record 3% in 2021: AfDB
Country’s economy grows at slower rate than in 2019, but did not…
African Development Bank named World’s Best Multilateral Financial Institution 2021 by Global Finance
Bankreceived broad recognition for quick response to Africa’s needs in wake of…
International Cooperation Ministry, AfDB sign development financing of €109m for rural Luxor sanitation services
The AfDB will provide financing of €108m in addition to a grant…
AfDB, EIB sign action plan to fast-track development in Africa
The African Development Bank (AfDB) and the European Investment Bank (EIB) signed,…
AfDB investments transform continent: ADER Report
Bank commits to Africa’s water, sanitation, health services in 2021