TVETs: AfDB extends support to special needs youth
The African Development Bank is keen on skills development for the youth to help them not only to be employable but also become job creators....
AfDB
StanChart $50M facility from AfDB to boost African intra-trade
The African Development Bank Group (AfDB) board has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility with Standard Chartered Bank. The...
AfDB expected to expand lending by 8% after AAA rating
The African Development Bank (AfDB) is expected to increase its loaning portfolio by at least 8% over the next year supported by the fresh capital...
AfDB approves $20 million loan to support Covid-19 recovery
The Board of Directors of the African Development Bank ((AfDB) Group has approved a $20 million flexible loan to finance Seychelles’ Governance and Economic Reforms...
Kenya likely to re-introduce commodity pricing controls
Kenya mulls over a proposal to re-introduce commodity price controls to protect farmers from exploitation. Speaking during the official flagging off and handover of project...
Covid-19 has aggravated Africa’s vulnerability to climate change: Uhuru
President Uhuru Kenyatta has said that the Covid-19 pandemic has worsened the impact of climate change on African economies noting that the continent’s GDP had,...
AfDB mulls $5 billion funding for women enterprises within five years
The Africa Development Bank (AfDB) has developed a strategy that will see women enterprises in the continent have access to at least $5 billion (Kshs....
AfDB unveils $50M facility to support renewable energy suppliers
The African Development Bank (AfDB) has unveiled a $50 million facility that will provide relief and recovery capital to energy access businesses to enable them...
Kenya’s Mhogo Foods bags Kshs. 2M in AgriPitch Competition
After two unsuccessful attempts in the African Development Bank’s Agripitch Competition, Elizabeth Gekebe, the founder of Mhogo Foods has finally won Kshs. 2.2 million ($20,000)...
Six Kenyan firms are finalists in Kshs.12M AfDB AgriPitch Competition
Six Kenyans have advanced to the final pitch of the African Development Bank (AfDB) sponsored competition dubbed AgriPitch and now stand a chance to walk...