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From darkness to light: Local bakeries and homes flourish under Benin’s new urban electricity project

29 Septembre 2024

LIBREVILLE, September 29 (Infosplusgabon) - The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou’s bakery in Okoun-Sèmè, Benin, as the once energy-starved business now hums along smoothly. Orders for bread, croissants, and chocolate pastries are met on time, a feat Dossou attributes to a newly stable power supply.

Vice President Quaynor leads African Development Bank mission to India to strengthen business ties

Écrit par Antoine Lawson | 17 Septembre 2024

LIBREVILLE, September 17 (Infosplusgabon) - An African Development Bank delegation led by Vice President Solomon Quaynor has concluded a four-day official visit to India to explore investment and trade opportunities and partnerships between Africa and India in pharmaceuticals, agriculture, and technology. During the mission, which took in the cities of New Delhi, Gurgaon and Faridabad, Quaynor, the Bank’s Vice President for Private Sector, Infrastructure, and Industrialisation positioned the Bank as a potential partner to India’s private sector in the areas of project financing and de-risking initiatives, among others. He also promoted the Africa Investment Forum as a platform offering access to unparalleled investments across the continent.

African Development Bank provides US$ 102.79 million to support farmers through climate resilient Special Agro-Industrial Processing Zones infrastructure in Guinea, Senegal, and Togo

16 Septembre 2024

LIBREVILLE, September 16 (Infosplusgabon) - The Board of Directors of the African Development Bank Group (“ADB”) approved $102.79 million for the Multinational (Guinea, Senegal and Togo) Promotion of Sustainable Agricultural Value Chains in Special Agro-Industrial Processing Zones Program which fosters sustainable agricultural value chains around agro-industrial processing zones (SAVC-SAPZ).

EGYPT : Afreximbank and Uganda Development Bank sign project preparation financing agreement

12 Août 2024

LIBREVILLE, August 12 (Infosplusgabon)-African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and private sector entities. This is aimed at boosting Uganda’s industrialization and export development activities.

Afreximbank to double intra-African trade financing to $40 billion by 2026

12 Août 2024

LIBREVILLE, August 12 (Infosplusgabon) - African Export-Import Bank (Afreximbank)plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said.