South Africa: three green-jobs skills zones planned from 29 October
The first zone is due to launch in Mpumalanga, followed by two others in the Northern and Eastern Cape. The initiative is backed by a previously awarded $1 million AfDB grant.
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African Development Bank
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Zambia: AfDB puts annual development funding gap at $5.4bn
The AfDB estimates yearly financing needs of $6.9 billion through 2030, leaving an annual gap of about $5.4 billion.
AfDB prices $2.5bn global bond as orders reach $4.8bn
The bond carries a fixed 4.875% coupon until January 2030. It was priced on 21 October and announced on 23 October.
FinanceBrief
AfDB and UK Export Finance organise financial cooperation in Africa
A first framework agreement is intended to let the two institutions prepare public and private co-financing. No overall amount has been announced.
AfDB approves $503.75 million loan for Botswana amid energy shock
The programme provides extra payments to 279,000 vulnerable people and support for small businesses. It also backs the country's energy supply projects.
AfDB approves $144.34 million for Niger power reforms and arrears
The loan will support the electricity code, rural electrification and payment of state claims owed to businesses. Approval does not amount to disbursement.
AFG Bank Cameroon gets €40 million facility to finance trade
The AfDB-approved package combines a €30 million credit line and a €10 million guarantee, with part of the funding earmarked for SMEs.
Nigeria and AfDB to Review More Than $6.2 Billion of Projects
The technical review aims to remove obstacles to the implementation of 55 operations already on the African Development Bank's portfolio.
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