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31 results for "development bank"
Former African Development Bank President Dr. Akinwumi Adesina received Africa's Lifetime Achievement Award, declaring the continent is no longer potential but "investable reality." During his decade of leadership, he grew the bank from $93 billion to $318 billion, benefiting 565 million people.
The African Development Bank just launched a new financing platform to jumpstart green hydrogen projects across the continent. With Africa holding over 60% of the world's solar potential, this move could position the region as a global clean energy powerhouse.
Nigeria's stock exchange and national development bank are helping small businesses access growth funding for the first time. The initiative could transform how millions of entrepreneurs build their companies.
A new global initiative aims to deliver safe drinking water to 1 billion people by 2030, tackling a crisis that currently affects one in four people worldwide. The World Bank's "Water Forward" brings together major development banks to transform water systems in countries where millions travel miles daily just to find clean water.
Nigeria just secured $200 million from the African Development Bank to build a massive fiber network connecting every corner of the country to high-speed internet. It's part of a bold $2 billion plan to close the digital divide and unlock opportunity for millions.
The African Development Bank just approved $200 million to help bring high-speed internet to every corner of Nigeria, a move that could create 2.8 million jobs. The project will quadruple the country's digital backbone and connect schools, hospitals, and rural areas across all 774 local government regions.
Vietnam's government moved quickly to protect its economy from Middle East energy disruptions, using tax relief and price controls to keep inflation in check. The Asian Development Bank says these smart moves helped the country stay on track for 7.2% growth this year.
Ghana just secured over $10 million to strengthen how it manages public money, building on impressive economic wins that dropped inflation to 3.3% and cut debt by a quarter. The funding will help ensure future growth reaches everyone, not just the wealthy.
A major development bank just approved $10 billion to help African and Caribbean nations weather economic shocks from Middle East conflict. The program will secure fuel, food, and medicine imports while building long-term economic resilience.
Namibia's Development Bank is funding a 500-bed hospital in Windhoek's Havana district to ease critical bed shortages and bring healthcare closer to home. The project is part of a nationwide push to strengthen the country's healthcare system.
A regional development bank just approved over $267 million for projects that will connect coastal cities, create thousands of jobs, and transform waste into resources across five West African nations. The funding marks one of the largest regional investments in sustainable infrastructure this year.
In rural Mauritania, new solar-powered water systems are giving women and girls back hours once spent hauling water, opening doors to education and income. The African Development Bank's investment brought 50 boreholes and 22 water systems to three poverty-stricken regions.
The Asian Development Bank is funding innovators to test breakthrough technologies in communities that need them most. From saving coral reefs to protecting transit riders, these pilot projects are proving small grants can solve big problems.
Ethiopia's partnership with the African Development Bank just hit a major milestone with 24 active projects worth $1.21 billion bringing real change to communities. The investment spans energy, infrastructure, agriculture, and private business development across the country.
Ethiopia and the African Development Bank are deepening their partnership to transform infrastructure, boost green energy, and strengthen agriculture across the nation. The collaboration signals growing confidence in Ethiopia's economic reforms and climate leadership as it prepares to host a major UN climate conference.
Ghana is finalizing plans for Africa's first national Women's Development Bank, a groundbreaking institution designed to give female entrepreneurs equal access to business capital. President John Dramani Mahama announced the milestone during the nation's 69th Independence Day celebrations.
Ghana is finalizing a new bank dedicated to helping women entrepreneurs access loans and business mentorship. President Mahama announced the landmark initiative during the nation's 69th Independence Day celebration.
The African Development Bank is investing €6.5 million to power tech innovation across French-speaking Africa, opening doors for 20 early-stage startups. The fund targets regions where tech investment has lagged behind, creating new opportunities for digital entrepreneurs.
Brazil is launching a massive $50 billion investment plan to accelerate its transition to clean energy and climate-resilient infrastructure. The ambitious initiative combines public funding, private capital, and development bank support to drive economic growth while reducing carbon emissions.
Ukraine just secured a major partnership that will funnel financial support into rebuilding the country. Poland's national development bank can now officially operate in Ukraine to fund critical infrastructure and economic projects.
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