AFDB

AfDB GRANTS AIR CÔTE D’IVOIRE €98m LOAN AND €17m PARTIAL RISK GUARANTEE

Posted on by Gambeta News
AfDB GRANTS AIR CÔTE D’IVOIRE €98m LOAN AND €17m PARTIAL RISK GUARANTEE

Air Côte D’Ivoire secures €98m loan and €17.06m Partial Risk Guarantee for its expansion program The Board of Directors of African Development Bank (AfDB) Group have approved a total of €98m loan for Air Côte D’Ivoire to enable the airline expand its operations. The loan consists of a €51.16 million sovereign loan, €42.64 million private sector loan, and an African Development Fund (ADF) loan of €4.26 million. The deal also includes a €17.06 million African Development Fund Partial Risk Guarantee in the public-private…

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AfDB Releases list of top 10 richest Francophone countries in Sub-Sahara Africa

Posted on by Gambeta News
AfDB Releases list of top 10 richest Francophone countries in Sub-Sahara Africa

AfDb have compiled and released a list of the top 10 richest french speaking countries in Sub-Saharan Africa. In the latest reports by the African Development Bank (AfDB), The Democratic Republic of Congo (DRC) has been considered as the country with the highest Gross Domestic Product (GDP) in Francophone Sub-Saharan Africa (SSA) in 2017. The report which listed the top 10 richest French-speaking countries in the SSA, ranked 12th richest African country in 2017, DR Congo as number…

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AFDB GETS LAND FROM ZAMBIA FOR ITS PURPOSED BUILDING

Posted on by Gambeta News
AFDB GETS LAND FROM ZAMBIA FOR ITS PURPOSED BUILDING

African Development Bank secure land for its new purposed office after Zambia’s minster of foreign affairs made land available. Zambia’s Minister of Foreign Affairs has made land  available for African Development Bank to construct its offices in the country. The bank has help the country to achieve  its economic diversification such as transport, water, energy and agriculture. Minister of Foreign Affairs, Mr. Harry Kalaba, ”The government is excited about the opportunity to work with AfDB and…

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KENYA AIRPORT AUTHORITY TO CONSTRUCT NEW RUNWAY AT JKIA

Posted on by Gambeta News
KENYA AIRPORT AUTHORITY TO CONSTRUCT NEW RUNWAY AT JKIA

Jomo Kenyatta International Airport to get new runway that will help aircraft movement from 25 to 45 aircrafts per hour after Kenya airport authority secure loan from Africa development bank. Kenya airport authority (KAA) has gotten a US $189.2m loan from The African Development Bank (AfDB) to construct a new runway at the Jomo Kenyatta International Airport (JKIA) in Nairobi. The Jomo Kenyatta International Airport (JKIA) which is the seventh busiest airport in passenger traffic on the African continent will…

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