AfDB begins disbursement of $540 million Agro-Industrial Funds nationwide
African Development Bank (ADfB) has commenced the first phase of the disbursement of $540 million Agro-Industrial Funds for the development of Special Agro-Industrial Processing Zones (SAPZs) in the country. The Senior Special Adviser on Industrialization to the AfDB President, Prof….
AfDB approves capital investment of $10.5 million to support sub-Saharan African businesses
The Board of Directors of the African Development Bank (AfDB) has approved a capital investment of $10.5 million in a venture capital fund to support innovative African businesses displaying strong growth potential. AfDB is to contribute $7 million from its ordinary resources…