The Board of Directors of the African Development Bank Group on Wednesday 22 November 2023 approved a €86.89 million loan to Senegal to develop an agribusiness processing zone in the north of the country. The Bank’s contribution accounts for 30.7% of the estimated €283.05 million total project cost. The Islamic Development Bank (21.2%), the West…
Land governance regulating access, use and ownership of land is critical to the successful implementation of the African Continental Free Trade Area (AfCTA) and is needed to promote inclusive and sustainable development, experts at an African land policy conference heard. Leontine Kanziemo, the Africa Development Bank’s advisor on Natural Resources Management, told the opening session…
The government of Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. German Chancellor Olaf Scholz made the announcement at a press conference in Berlin after meeting African leaders and heads of international organisations including the President of the African Development Bank Group Dr Akinwumi Adesina, during the G20 Compact with Africa…
