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Africa : African Development Bank appoints Aida Ndir Ngom as Director of the Private Sector Development Department

22 Janvier 2024

LIBREVILLE, January 21 (Infosplusgabon) - The African Development Bank has appointed Aida Ngir Ngom as Director, Private Sector Development Department. Her appointment takes effect from February 1, 2024. Ngom, a Senegalese national, is a seasoned development finance banker with more than 20 years of experience in private sector origination and development, investment banking, and corporate and project finance, notably in the infrastructure space.

Cameroon: African Development Bank grants a loan of EUR 74 million for electricity sector reforms to facilitate universal access to power

18 Décembre 2023

LIBREVILLE, December 15 (Infosplusgabon) - The Board of Directors of the African Development Bank Group approved a loan of EUR 74.25 million to Cameroon in Abidjan on 14 December 2023 to implement the first phase of the Electricity Sector Recovery Support Programme (PARSEC). The programme will support the Cameroonian government to implement the reforms necessary in the energy sector in 2024 and 2025 so that, in the long term, the country can produce enough electricity to cover its national requirements of 5,000 megawatts and build a reserve to export energy to neighbouring countries, particularly Chad.

Israel-Hamas War : ICRC President arrives in Israel

18 Décembre 2023

LIBREVILLE, December 18 (Infosplusgabon) - Mirjana Spoljaric, the President of the International Committee of the Red Cross (ICRC), arrived in Israel on TDecember 14 to discuss humanitarian needs and access to people affected by the ongoing conflict, in particular those held hostage.

South Africa: African Development Bank approves $1 billion guarantee from the United Kingdom to support SA’s Just Energy Transition

12 Décembre 2023

LIBREVILLE, December 12 (Infosplusgabon) - The Board of Directors of the African Development Bank Group has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office (FCDO), which will allow the Bank to increase its lending capacity in support of South Africa’s Just Energy Transition (JET).

United Arab Emirates : Conference of the Parties (COP28)/ African Development Bank President invites business leaders to invest in Africa to accelerate decarbonization

07 Décembre 2023

LIBREVILLE, December 7 (Infosplusgabon) - The President of the African Development Bank, Akinwumi Adesina, called on African business leaders to take advantage of investment opportunities in Africa and decarbonize their industries more quicky during the COP28 global climate conference in Dubai.