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ADB Approves $10 Million Grant to Boost Sustainable Growth and Ocean Conservation in Kiribati

Kiribati, Dec. 1 -- The Asian Development Bank (ADB) has approved a $10 million policy-based grant to help Kiribati strengthen public sector management, foster women's financial inclusion, and enhance... Read More


ADB Backs Cambodia's Urban Future with $763 Million Investment for Water Security and Resilience

Cambodia, Dec. 1 -- The Asian Development Bank (ADB) has approved a $763 million investment program-including a $20 million grant from the Asian Development Fund (ADF)-to help Cambodia expand access t... Read More


$50 Million ADB Grant to Bolster Green Jobs, Resilient Business in Tajikistan

Tajikistan, Dec. 1 -- The Asian Development Bank (ADB) has approved a $50 million grant to support the Government of Tajikistan in advancing key structural reforms that promote green jobs, particularl... Read More


Africa Investment Forum Secures $15.3 Billion, 39 Bankable Projects at 2025 Rabat Gathering

Morocco, Dec. 1 -- The 2025 Africa Investment Forum (AIF) Market Days wrapped up on Friday in Rabat, Morocco, with $15.3 billion in investment interest covering 39 bankable projects, underscoring a gr... Read More


African Development Bank debars SOMACOTH SA and Mr Boubacar Bah for 30 months for fraudulent practices

Mali, Dec. 1 -- The African Development Bank Group today announces the 30-month debarment of Societe Malienne de Construction, de Transport et d'Hydrocarbure ("SOMACOTH SA") and its former General Man... Read More


African Development Bank Group debars Jiangxi Transportation Engineering Group Limited for 12 months for Fraudulent Practices

Cote Dlvoire, Dec. 1 -- The African Development Bank Group today announces the 12-month debarment and the payment of restitution by Jiangxi Transportation Engineering Group Limited, an engineering con... Read More


Norway reaffirms support to Africa's development with NOK 3.1 billion pledge to the African Development Fund's seventeenth replenishment

Cote Dlvoire, Dec. 1 -- Norway reaffirmed its long-standing commitment to Africa's low-income countries with a NOK 3.1 billion pledge to the African Development Fund's seventeenth replenishment (ADF-1... Read More


African Development Bank Group debars Yessan Sarlu and Ayitevi Amadote for 18 months for Fraudulent Practices

Cote Dlvoire, Dec. 1 -- The African Development Bank Group today announces the 18-month debarment of Yessan Sarlu, and its General Manager, Mr. Ayitevi Yao Mawulolo Amadote. Yessan Sarlu is a company ... Read More


EIB-Prysmian: €300 million agreement to accelerate energy security and digitalisation in Europe

Luxembourg, Dec. 1 -- The European Investment Bank (EIB) has approved a new €300 million financing package for Prysmian to support its European research and development activities for the 2025-2... Read More


Prodrive Technologies takes €40 million EIB loan to boost R&D

Netherlands, Dec. 1 -- Dutch-based Prodrive Technologies has signed a €40 million lending agreement with the European Investment Bank (EIB). The financing will advance Prodrive Technologies' R&D... Read More