Tag: AfDB
AfDB grants AXIAN Telecom $160 million loan to expand 4G, 5G networks
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AXIAN Telecom has been granted a $160 million senior corporate loan by the African Development Bank (AfDB) to…
2 million Nigerians to gain electricity as AfDB invests $500M in Nigeria
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In a significant boost to Nigeria’s energy sector, President Bola Tinubu has announced that the Nigeria-Grid Battery Energy…
Ethio Telecom, AfDB dialogue on possible partnership to boost Ethiopia’s digital economy
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In an effort to strengthen Ethiopia’s digital economy and advance Africa’s larger digital transformation, Ethio Telecom and the…
Senegal secures $8.7 million AfDB fund to replace outdated bulbs with energy-efficient LED lighting
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The African Development Bank (AfDB) has approved a loan of €8.51 million ($8.7 million) to support Senegal’s “Programme…
AfDB and Intel unite to train three million Africans in advanced AI skills
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The African Development Bank (AfDB) and technology giant Intel have launched a groundbreaking initiative to equip three million…
Mastercard-AfDB Digital Economy Alliance to boost African digital access
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Mastercard and the African Development Bank (AfDB) have joined forces to enhance African digital access through the Mastercard-AfDB…
DRC kick-starts €66.55 million fibre optic line project
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As a big step towards improving its digital infrastructure, the Democratic Republic of the Congo (DRC) has started…
Rwanda healthcare Innovation secures $12 million AfDB grant
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In Abidjan on February 27, 2024, the African Development Fund (AfDB) Board of Directors approved a $11.96 million…
AfDB, IDB, IFAD commit $1B to Nigeria’s agriculture sector
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In a groundbreaking development for Nigeria’s agribusiness sector, the African Development Bank (AfDB), in partnership with the Islamic…
AfDB imposes debarment on Joycot General Contractors ltd
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The African Development Bank Group has taken a decisive stance against Joycot General Contractors Ltd., a construction company…
