About: African Development Bank
EU–Africa relations: a partnership delayed but not derailed
Talk of an EU–Africa partnership may have only emerged in the last two years, but the promise of better trade and political relations with its southern ‘sister continent’ came from Jean Claude Juncker, who set out plans for a continent–to–continent...
Development banks make landmark climate pledge, but no fossil fuel phase out
The world’s public development banks on Wednesday (11 November) pledged to align their financial firepower with the Paris Agreement on climate change, but avoided a firm commitment to phase out fossil fuel financing. As a source of funding for many...
China’s investment largesse may dwarf EU in Africa
When it comes to increasing investment in the African, Caribbean and Pacific countries covered by the Cotonou Agreement, the EU talks a good game. But it is facing stiff competition from China, armed with more cash and fewer concerns about democracy and the rule of law when it comes to investment.
EU unlocks €800 million for African investment vehicle
The EU’s much vaunted private investment vehicle in Africa has moved a step closer to becoming reality after €800 million was unlocked to leverage multi-billion euro investments on the continent.