Tag Archives: AFDB

AfDB Approves Policy for Victims of Bank-financed Operations

The Board of Directors of the African Development Bank (AfDB) Group has approved a new policy framework for the Independent Recourse Mechanism (IRM). The IRM provides individuals or communities who are adversely affected by bank-financed operations with an independent mechanism through which they can raise their concerns. They can also seek redress and hold the bank to account for ensuring ...

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Sudan: African Development Bank Signs First private Sector Loan, DAL Group to Receive up to $75 million

The financing facility comes in the form of a senior corporate loan of up to the equivalent of $75 million in multiple currencies, which includes $40 million and EUR 30 million   The African Development Bank has signed an agreement with DAL Group, one of Sudan’s largest conglomerates, for the provision of up to $75 million to improve food security ...

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AFDB President Akinwumi Adesina to visit Sierra Leone to discuss Nutrition, Development plan

Both presidents will use the visit to discuss the African Leaders for Nutrition (ALN) initiative which works to fight against malnutrition Following a meeting with the President of Sierra Leone Julius Maada Bio at the AU Summit in February 2020, President Akinwumi Adesina will make a visit to the country, from 11 to 13 March. The visit presents an opportunity ...

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