The African Development Bank (AfDB) has concluded its mid-term review of the Ekiti Knowledge Zone (EKZ) Project... The post AfDB concludes mid-term review of Ekiti Knowledge Zone project appeared first on Tribune Online.

The African Development Bank (AfDB) has concluded its mid-term review of the Ekiti Knowledge Zone (EKZ) Project, identifying priority actions to accelerate implementation and ensure the timely delivery of its objectives. The post AfDB concludes mid-term review of Ekiti Knowledge Zone project appeared first on Tribune Online.

[African Development Bank (AfDB)] The African Development Bank Group and Agence Française de Développement (AFD) have signed a memorandum of understanding for 2026-2031, building on a partnership that

[African Development Bank (AfDB)] What: African Development Bank Group high-level side event at COP31 When: 13 November 2026 | 16:30-18:00 UTC+3 Where: Africa Pavilion (A240), COP31, Antalya, Türkiye

[African Development Bank (AfDB)] WHAT: The Africa Day High-Level Side Event, at the 31st Conference of the Parties (COP31) to the United Nations Framework Convention on Climate Change (UNFCCC). THEME

[African Development Bank (AfDB)] What: African Development Bank Group participation in UNFCCC COP31, featuring high-level events, partnership announcements, bilateral engagements, and strategic discu

[African Development Bank (AfDB)] The Board of Directors of the African Development Bank Group has approved a $200 million Trade Finance Line of Credit facility between the African Development Bank an

Former President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has called for the urgent repositioning of Nigeria’s insurance industry to protect national wealth... The post Ex-AfDB President, Adesina named Global Insurance Ambassador appeared first on Tribune Online.

ANTALYA, Türkiye, , November 10 (IPS) - Africa’s transition to clean energy received a potential boost at COP31 with the announcement of a new international financing coalition, co-chaired by the African Development Bank (AfDB) and World Bank from 2027.

COP31 COP31: African Development Bank to Co-Lead Global Electrification Finance Initiative ANTALYA, Türkiye, , Nov 10 2026 (IPS) - Africa’s transition to clean energy received a potential boost at COP31 with the announcement of a new international financing coalition, co-chaired by the African Development Bank (AfDB) and World Bank from 2027. The Electrify Now Finance Coalition will bring together governments, development banks and private investors to mobilise funding for electrification in emerging and developing economies. The initiative forms part of COP31’s ambitious 35-by-35 Global Electrification Pledge, which aims to increase electricity’s share of global final energy consumption from approximately 23% to 35% by 2035. The International Renewable Energy Agency (IRENA) will also support developing countries in strengthening electricity grids, preparing investment projects and accessing finance. Highlighting the economic opportunities for Africa and other developing regions, Sustainable Energy for All CEO Damilola Ogunbiyi said, “Electrification presents an opportunity to industrialise, create jobs, improve livelihoods and strengthen energy independence.” The announcements come as COP31 President Murat Kurum calls for an “Implementation COP”, where climate commitments translate into tangible results. “Now our promises must be backed by capital. That capital must fund investment. And that investment must deliver results,” Kurum said. For Africa,...

Africa’s transition to clean energy received a potential boost at COP31 with the announcement of a new international financing coalition, co-chaired by the African Development Bank (AfDB) and World Bank from 2027. The Electrify Now Finance Coalition will bring together governments, development banks and private investors to mobilise funding for electrification in emerging and developing […]

The African Development Bank Group (AfDB) is using the 31st United Nations Climate Change Conference (COP31), which opened in Antalya, Türkiye, today, to push for increased climate finance, stronger African representation in global climate negotiations and greater investment in adaptation and resilience across the continent.

Madagascar is launching a comprehensive overhaul of its electricity pricing system with support from the African Development Bank (AfDB). The sector regulator, Arelec, plans to implement a new tariff structure that will be directly tied to the actual costs incurred by utilities for energy generation and delivery to consumers. Under the AESTAP program, financed through the Sustainable Energy Fund for Africa (SEFA), the Ministry of Energy and Arelec are introducing modern tools for economic control. A central component of this reform is a large-scale cost audit. Experts aim to determine the true expenditures of both the state-owned utility Jirama and private operators serving rural areas for both generation and distribution. Rivoarilala Rasolojaoana, Executive Secretary of Arelec, stated that the current pricing model does not reflect the actual operating expenses of the companies. Establishing the precise cost of service is a necessary precursor to setting new tariffs, a step designed to make the process transparent for all market participants.

CE Shreekant Patil is founder at PARENTNashik, Mentor at Govt of India Initiatives: MAARG, BHASKAR, Startup India, WEP, STPI, BIRAC, AYE, MeitY Startup Hub, Certified LEAN, ZED, TEV Consultant, Euro Exim Bank, AfDB, Asian Development Bank, SIDBI, United Nations, European Commissions, International Adviser at EBRD, Registered (Govt of India) Trainer, Assessor at NSDC (Skill India), PoP at UGC, Volunteer Startup Mentor at AICTE – Vidyanjali Programme, Independent Director, Chartered Engineer, Valuer, Niryat Bandhu, Udyami Mitra at Khadi India.

[African Development Bank (AfDB)] What? Presentation of the African Development Bank Group's 'Diaspora Initiative' Who? The African Development Bank Group When? Monday, 9 November 2026; 5.30 pm-7.30 p

(Posted 07th November 2026)   The African Development Bank (AfDB) has arranged a $1.2 billion commercial financing facility for Tanzania’s Standard Gauge Railway, backed by an $800 million credit guar...