Africa Matters

AfDB Commends Saudi Arabia for Significant Investments in Africa

By Charles Muchoki | Africa Guardian Dr. Akinwumi Adesina, President of the African Development Bank Group (AfDB), has lauded Saudi Arabia for its remarkable “support, dedication, and friendliness” towards Africa. His remarks came during the Saudi Fund for Development’s 50th anniversary celebration in Riyadh. Celebrating 50 Years of Impact In his address, Adesina highlighted the profound impact of the…

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Liberia’s President lauds AfDB for support in fostering growth and development

Liberia’s President George Manneh Weah has lauded the African Development Bank for its “significant” support in fostering growth and development in the West African country. In a message conveyed by Liberia’s Ambassador to Côte d’Ivoire Willye Mai King, President Weah thanked the Bank Group, led by Dr. Akinwumi Adesina, for providing critical support to Liberia, including funding the pavement…

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AfDB, others support green electricity startups with $2b

More than $ 2 billion have been deployed by African Development Bank Group (AfDB) and other donors this year to support green electricity startups in Nigeria and the rest of Africa. In February, AfDB approved the Leveraging Energy Access Finance Framework (LEAF), under which the Bank will commit up to $164 million to promote decentralised renewable energy in six…

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