Browsing: AfDB

The African Development Bank Group and Japan are deepening their partnership to mobilise private investment, accelerate infrastructure development and help African countries convert development priorities into projects capable of attracting finance. The expanded cooperation combines concessional funding, project preparation, technical assistance, private sector co-financing and knowledge sharing, a mix designed to address not only how…

South Africa’s $400 million African Development Bank-backed Mpumalanga Municipal Utility Reform Programme (MURP) is more than an infrastructure financing package. It represents a new approach to municipal reform by linking funding directly to measurable improvements in electricity and water services rather than simply financing projects. For Mpumalanga Province, where ageing infrastructure, financial pressures and service…

The African Development Bank Group (AfDB) has approved a financing package of up to $110 million for the 300-megawatt Aysha Wind Project, marking a major milestone for Ethiopia’s renewable energy sector. Once completed, the project will become the country’s largest wind power plant and its first wind-based Independent Power Producer (IPP). The project, valued at…

The Gambia has strengthened its healthcare system with the delivery of 10 fully equipped ambulances and a wide range of essential medical equipment through a regional health programme financed by the African Development Bank (AfDB) Group. The new support is expected to improve emergency medical services, expand access to critical healthcare and strengthen the country’s…

The African Development Bank (AfDB) has approved a $400 million loan to help South Africa improve electricity and water services in Mpumalanga Province through a new results-based financing programme that rewards municipalities for delivering measurable improvements. The Mpumalanga Municipal Utility Reform Programme (MURP) will support better utility management, modernise ageing infrastructure and strengthen financial sustainability…