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African Development Bank Group (AfDB)

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    • In Comoros, about 10,780 producers will receive training in the production, processing and conservation of maize.
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Source: African Development Bank Group (AfDB) |

Comoros: African Development Bank Provides Nearly €6 Million to Boost Food Production

The grant funds will come from the African Development Bank’s Transition Support Facility, a mechanism to help fragile African states

The Board of Directors of the African Development Bank Group (https://www.AfDB.org/) has approved a €5.76 million grant to the Comoros to increase food production and enhance the resilience of its food system.  The move comes as the country has experienced rising food prices due to the war in Ukraine. The…

African Development Bank Group (AfDB)

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    • The functioning of Comoros’ electricity network has improved significantly in recent years, thanks to an African Development Bank-supported project
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Source: African Development Bank Group (AfDB) |

The African Development Bank is Supporting Improvements to the Power Grid in the Comoros

The project aims to respond to a twofold challenge in the energy sector in the Comoros

The Comoros Energy Sector Support Project has helped improve the country’s power grid. Approved in 2013, the project aims to respond to a twofold challenge in the energy sector in the Comoros. At the time, electricity access was around 50% of the population, and unevenly split between the three islands…

African Development Bank Group (AfDB)

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    • Comoros: African Development Fund commits $21.6 Million to Upgrade National Road Network
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Source: African Development Bank Group (AfDB) |

Comoros: African Development Fund commits $21.6 Million to Upgrade National Road Network

The project’s third phase will focus on improving the RN2 (Ourovéni-Foumbouni) in Grand Comores

The Board of Directors of the African Development Fund approved on Thursday in Abidjan $21.6 million in grants for the third phase of the National Road Network Rehabilitation Program in the Union of Comoros. The grants comprise $14.1 million from the African Development Fund, the concessional window of the African…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Fund approves $9.52 million to enhance coordinated COVID-19 response in East and Horn of Africa and the Comoros

The funds will be used to bolster health systems and disease surveillance, enhance infection prevention and control, and improve regional coordination

The Board of Directors of the African Development Fund (ADF) have approved grants totaling $9.52 million to strengthen responses to the COVID-19 pandemic in East Africa and the Horn, and in the Comoros. The grant, approved on 26 June, is part of the $10 billion COVID-19 Rapid Response Facility (CRF)…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Hola, Madrid! African Development Bank takes the continent’s climate agenda to COP25 in Spain

The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025

The Bank is playing a leading role in guiding progress on climate change on the continent. The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025. The African Development Bank (http://www.AfDB.org) will on Monday kick off a campaign to plead the continent’s case at…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Global partners announce $61.8 million allocation to boost African Development Bank initiative for women entrepreneurs

“This substantial support from the Women Entrepreneurs Finance Initiative, We-Fi, will help us scale up our actions and achieve greater results for women entrepreneurs across the continent” - Vanessa Moung

The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s (https://www.AfDB.org/en/) Affirmative Finance Action for Women in Africa (AFAWA) (https://bit.ly/2Q1fF1L) program. We-Fi (https://We-Fi.org/) is a partnership among 14 donor governments, eight multilateral development banks, and other public and…

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    • In a historic first, East African Governors of the African Development Bank met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent’s fast-growing powerhouse region
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Source: African Development Bank Group (AfDB) |

East African Ministers share African Development Bank’s vision for the continent

“Regional integration is a survival issue.” – Djibouti Finance Minister, Hmadou Ibrahim

In a historic first, East African Governors of the African Development Bank (www.AfDB.org) met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent’s fast-growing powerhouse region. On the agenda: closing the $170 billion infrastructure gap across the continent, keeping pace with the…