Latest in Tag: AfDB Highlight

Latest in Tag: AfDB

AfDB, EIB sign action plan to fast-track development in Africa

AfDB, EIB sign action plan to fast-track development in Africa

The African Development Bank (AfDB) and the European Investment Bank (EIB) signed, on Wednesday, a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities. The partnership also aims to showcase a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow …

Shaimaa Al-Aees

MIIC, AfDB ink study for one of world’s biggest sanitation projects

Malinne Blomberg, Egypt’s country manager at the African Development Bank (AfDB), signed with Egypt’s Minister of Investment and International Cooperation, Sahar Nasr, a grant worth $600,000 to prepare the feasibility study, as well as the environmental and social impact assessment for the joint project titled ‘Sludges Treatment of Aborawash and Zinin plants.’ The signing took …

Hagar Omran

Egypt to receive final $500m tranche of AfDB loan 

Egypt signed on Sunday an agreement to receive the third and final $500m portion of its $1.5bn African Development Bank (AfDB) loan. The agreement was signed between Minister of Investment and International Cooperation Sahar Nasr and Malinne Blomberg, the AfDB’s country manager for Egypt. The AfDB loan aims to finance Egypt’s comprehensive structural reform programme. …

Mohamed Samir