Business Power

African Development Bank COVID-19 Platform closing in on $20 million sustainable energy investment

Reading Time: 2 minutes Image Credits: Eric Roset/Africa Progress Panel. The African Development Bank (AfDB) has announced that it has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) for the Covid-19 Off-Grid Recovery Platform (CRP). In a statement it released on Saturday, AfDB said the 5-year, $50 Read More…

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AfDB launches ‘Fashionomics Africa’ contest to promote innovative circular fashion

Reading Time: 3 minutes Image Credits: Emmanuel Oyeleke, ThisDay/Kunle Ogunfuyi. The African Development Bank’s Fashionomics Africa initiative is launching a competition to support designers of sustainable and circular fashion. The first Fashionomics Africa online contest will invite African fashion brands pursuing environmentally friendly measures, sustainability and circular economy actions to participate. The designer submitting the “best sustainable design” will Read More…