African Development Bank
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CLIMATE CHANGE
Green Climate Fund approves $151 million for AfDB’s climate resilience programme
The Green Climate Fund has approved $151 million in financing for a major resilience programme supported by the African Development Bank (AfDB) to address climate vulnerability in the Horn of Africa. The approval was granted at the Fund’s 39th Board meeting and comprises a $90.7 million grant and a $60.3 million loan. The financing will support the Bank Group’s “Building Climate…
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NEWS
AfDB announces $15M investment in Trade and Development Bank to support clean technologies in Africa
The African Development Bank Group has announced a follow-up equity investment of $15 million in the Trade and Development Bank Group’s (TDB Group) pioneering Class C Green+ shares to support clean technology and low-carbon projects in its member states. The new capital, to be sourced from the Clean Technology Fund (CTF), will also support the establishment of a project preparation…
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