African Development Bank

Topic : African Development Bank

Capital risk, policy inconsistency blight Africa’s energy transition

According to IRENA research, 473 gigawatts (GW) of renewable energy capacity was added globally in 2023, with renewable energy accounting for 87% of newly installed capacity

By Kennedy Nyavaya Oct. 21, 2024

Capital risk, policy inconsistency blight Africa’s energy transition

Zim, Malawi get US$35m AfDB climate disaster grant

The funding comes amid the country suffering one of its worst droughts in recent years, with the 2023/24 agricultural period recording a huge drop in yields.

By Business Reporter Oct. 15, 2024

Zim, Malawi get US$35m AfDB climate disaster grant

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CABS eyes stronger ties with AfDB with new policies

The bank is seeking to safeguard the interests of its stakeholders and reduce or eliminate any negative impacts on society and the environment from its partners through the ESG policy.

By Tatira Zwinoira Oct. 13, 2024

CABS eyes stronger ties with AfDB with new policies

Zim’s energy crisis: A 6,1% GDP drain and the path to economic revival

International financial institutions, such as the World Bank and the African Development Bank, can provide crucial technical assistance and financing for energy projects.

By Lawrence Makamanzi Sep. 17, 2024

Zim’s energy crisis: A 6,1% GDP drain and the path to economic revival

Crushing weight of debt: How Zim’s ballooning arrears are devastating communities

While some of the debt has been contracted with intentions to develop the country, the failure to adequately manage them has put the country in debt distress.

By Yollander Millin Sep. 13, 2024

Crushing weight of debt: How Zim’s ballooning arrears are devastating communities

AfDB pushes for reform, debt resolution to unlock funding

Mupotola said the AfDB has been engaging in constructive discussions aimed at implementing technical solutions to improve Zimbabwe’s macro-economic environment.

By Tafadzwa Mhlanga Aug. 9, 2024