The African Development Fund (ADF), the concessional window of the African Development Bank Group (AfDB) providing grants and soft loans, has approved $8.9 billion to its 2023 to 2025 financing cycle to support low-income countries in the continent. The $8.9 billion package, which is the largest replenishment in the history of the Fund, was approved […]
The Board of Directors of the African Development Fund has approved a $27.9 million grant to Ghana for the development of agricultural value chains in the Savannah region to increase climate-resilient production of maize, rice and soybean, support the poultry value chain, and generate employment for women and youth in the country. The grant also aims […]
The Board of Directors of the African Development Fund (ADF) has approved a technical assistance grant of $2 million to fund research that will contribute to electricity reforms in the Economic Community of West African States (ECOWAS). The approved grant, which is the concessional window of the African Development Bank Group (AfDB), will be paid […]
The Board of Directors of the African Development Fund (ADF), the concessional financing window of the African Development Bank Group (AfDB), has approved a $27.39 million grant to Ghana for the development of renewable energy investments in the mini grid and net metering space. Specifically, the project involves the development of 35 mini grids, standalone […]