African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • Seedlings under sustainable cultivation in Ghana for use in the production of biomass fuel
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank's Sustainable Energy Africa Fund for Africa approves $1 million reimbursable grant to develop bioenergy plants in Ghana and Sierra Leone

The reimbursable grant will strengthen the project’s bankability by supporting technical feasibility studies and regulatory structuring

The Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/37jYAtS) has approved a reimbursable grant of $1 million to NewAfrica Impact Ltd (http://www.NewAfricaImpact.com) to prepare two bioenergy plants in Sierra Leone and Ghana that will each output 5 megawatts of electricity and 11 megawatts of heat. The reimbursable grant will strengthen the project’s…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • Ghana: African Development Fund approves $27.9 million grant for Savannah Agriculture Value Chain Development Project (SADP)
  • All (1)
Source: African Development Bank Group (AfDB) |

Ghana: African Development Fund approves $27.9 million grant for Savannah Agriculture Value Chain Development Project (SADP)

The grant will increase the climate-resilient production of maize, rice and soybean, support the poultry value chain, and generate employment for women and youth

The Board of Directors of the African Development (https://www.AfDB.org) Fund has approved a $27.9 million grant to Ghana for the development of agricultural value chains in the Savannah region. The grant will increase the climate-resilient production of maize, rice and soybean, support the poultry value chain, and generate employment for women…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • African Development Fund Approves $11 Million Grant to the African Continental Free Trade Area Secretariat
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Fund Approves $11 Million Grant to the African Continental Free Trade Area Secretariat

This second phase of support continues to aim to encourage sustainable intra-African trade

The Board of Directors of the African Development Fund approved an $11.02 million support package to the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA) to help it enhance effective implementation. The AfCFTA Secretariat opened its doors in Accra on 17 August 2020, with initial support of $5 million to…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (2)
    • A vast maize field under cultivation in northern Ghana as part of the Bank’s intervention to boost food production
    • Ghana’s four-tier Pokuase road interchange, the first of its kind in West Africa. Financed from African Development Fund resources, the edifice has helped ease mobility, reduced accidents and spurred trade
  • All (2)
Source: African Development Bank Group (AfDB) |

Ghana: Economy Shows Signs of Rebound, But COVID-19 and the Ukraine-Russia Crisis will Test Resilience and Inclusivity -- Report

‘Transforming Ghana,’ reviews the country’s development over the past ten years (2012–2021) and evaluates the African Development Bank’s contribution through its High 5 strategic priorities

Ghana has enjoyed two decades of steady growth, but the impact of the Covid-19 pandemic and the Ukraine-Russia crisis could dent economic prospects, according to an African Development Bank (www.AfDB.org) report launched on Thursday. The 52-page report, titled ‘Transforming Ghana,’ reviews the country’s development over the past ten years (2012–2021)…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • The Africa Fertilizer Financing Mechanism of the African Development Bank is extending a $2 million partial trade credit guarantee to support fertilizer delivery to 200,000 Ghanaian smallholder farmers
  • All (1)
Source: African Development Bank Group (AfDB) |

Ghana: Africa Fertilizer Financing Mechanism Extends $2M to ETG Inputs Ghana Limited to Boost Farmers’ Access to Fertilizers

ETG Inputs Ghana Limited, a subsidiary of agricultural conglomerate ETG, will enable delivery of 10,000 metric tons of fertilizer to wholesalers

The Africa Fertilizer Financing Mechanism (AFFM) will extend a $2 million partial trade credit guarantee to ETG Inputs Ghana Limited to support delivery of fertilizer to 200,000 smallholder farmers in Ghana’s Upper East, Savannah, Northeast, and Northern Regions. The move will ease the current shortages in supply and boost yields,…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • Ghana signs grant agreement with African Development Fund, government of Switzerland, to support development of mini-grids and solar PV net metering
  • All (1)
Source: African Development Bank Group (AfDB) |

Ghana signs grant agreement with African Development Fund, government of Switzerland, to support development of mini-grids and solar PV net metering

The agreements, for the development of 35 mini-grids and stand-alone solar PV systems, were signed on Wednesday 25 May at a short ceremony held on the sidelines of the African Development Bank Group’s 2022 Annual Meetings

The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini Grid and Solar Photovoltaic Net Metering project. The project will benefit schools, health centres and communities across the country. The agreements, for the…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • African Development Bank Group Annual Meetings 2022: Harness the collective institutional financial strength of Africa to meet development needs and fight climate change, Ghana says
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Group Annual Meetings 2022: Harness the collective institutional financial strength of Africa to meet development needs and fight climate change, Ghana says

Harness the collective institutional strengths of Africa for sustained transformation - President Nana Dankwa Akufo-Addo

The African Development Bank Group (www.AfDB.org)’s annual meetings officially opened on Tuesday with a ringing endorsement of the institution by the Ghanaian government and a call on member countries to back the institution as the main engine for the continent’s economic growth. Accra is host of the group’s annual gathering,…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (3)
    • African Development Bank President Akinwumi Adesina enquires about preparations for the Annual Meetings
    • African Development Bank President Akinwumi Adesina (center) inspects the ultramodern Pokuase four-tier road interchange in Accra with Ghana’s Minister for Roads and Highways, Kwasi Amoako-Attah (left)
    • African Development Bank President Akinwumi Adesina discussed Annual Meetings preparations with Ghana's Finance Minister Kenneth Ofori-Atta
  • All (3)
Source: African Development Bank Group (AfDB) |

Ghana’s President Strongly Supports African Development Bank’s Quest for More Resources to Accelerate Continent’s Transformation Agenda

The Bank Group’s active portfolio in Ghana is made up of 18 operations worth a total commitment of $751.5 million across various sectors

Ghana’s President Nana Akufo-Addo has backed calls for more resources for the African Development Bank Group (www.AfDB.org) to accelerate its transformative role across the continent. President Akufo-Addo received the African Development Bank Group president, Dr. Akinwumi Adesina, at State House in Accra on Wednesday. President Akufo-Addo expressed strong support for…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (1)
    • Ghana’s Finance Minister Kenneth Ofori-Atta, current chair of the African Development Bank Group’s Board of Governors, speaking Thursday ahead of the Bank Group’s 2022 Annual Meetings, being held in Accra from 23-27 May. (Photo credit: AfDB 12/05/22)
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Annual Meetings 2022: Time to tackle triple crises of food, energy and finances, says Ghanaian Finance Minister

41 African economies face dreaded three f’s: food, fuel and finance conditions – Ghanaian Finance Minister Ken Ofori-Atta

Ghanaian Finance Minister Ken Ofori-Atta on Thursday emphasized the nation’s partnership with the African Development Bank (www.AfDB.org) in its development as he addressed journalists at a press conference to publicize the institution’s upcoming annual meetings. Ofori-Atta described the meetings as seminal, in the context of a world seeking to rebalance…

African Development Bank Group (AfDB)
  • Multimedia content

  • Images (2)
    • African Development Bank Group to hold 2022 Annual Meetings from May 23-27 in Accra, Ghana
    • African Development Bank Group to hold 2022 Annual Meetings from May 23-27 in Accra, Ghana (FR)
  • All (2)
Source: African Development Bank Group (AfDB) |

African Development Bank Group to hold 2022 Annual Meetings from May 23-27 in Accra, Ghana

The physical sessions will take place at the Accra International Conference Centre

Ghana will host the African Development Bank Group’s 2022 Annual Meetings (AM.AfDB.org) from 23-27 May in its capital, Accra. This year’s meetings mark a return to in-person sessions following virtual meetings over the last two years. They will be held in a hybrid format with participants present in Accra and online.…