AFDB

World Bank, AfDB partner to connect 300 million Africans to electricity by 2030

by

The World Bank Group announced Wednesday it is partnering with the African Development Bank Group (AfDB) in an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030. The bank, in a statement on Wednesday, said it will work to connect 250 million people to electricity through distributed renewable … Read more

African Development Bank signs $75 million loan agreement to boost Indorama’s fertiliser export

by

The African Development Bank (www.AfDB.org) has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertiliser and Chemicals Limited. The loan will enable Indorama to increase its fertiliser production and develop a port terminal for exports, supporting food production and food security across regional and international markets while fostering job creation in Nigeria. The … Read more