Browsing: AfDB

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…

The African Development Bank (AfDB) has signed a US$10.75 million Trade Finance Transaction Guarantee Facility with Intercontinental Investment Bank (iib East Africa), giving businesses in Djibouti greater access to international trade financing. The agreement, signed on 23 June 2026, is expected to strengthen lending for small and medium-sized enterprises (SMEs), with a strong focus on…

The African Development Bank (AfDB) has approved an €81.2 million loan to help Cameroon strengthen agro-industrial development and improve climate resilience in the country’s North and Far North regions. The funding will support the Programme for the Development of Agro-Industry in the North: Construction of Multi-purpose Hillside Dams (PDAS-1), a major initiative focused on expanding…

The African Development Bank Group (AfDB) has approved a financing package of up to $66 million for the first phase of the 500-megawatt Dandara solar project and a 100MWh battery energy storage system in Egypt’s Qena Governorate. The project will finance the design, construction, operation and maintenance of a large photovoltaic power plant equipped with…

The African Development Bank Group (AfDB) has approved a €293.88 million loan to support the second phase of Kenya’s Economic Inclusion and Green Recovery Support Programme (EIGRSP II), reinforcing its long-standing partnership with the country. The financing will help Kenya advance reforms that strengthen economic governance, improve public reople, support small businesses and promote climate-resilient…