May 23, 2018
Africa: Regional Cooperation, Structural Reforms Key to Economic Transformation
Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said… Read more »
Africa: Accelerating Africa's Industrialization
Drawing on the example of South Korea’s economic transformation Read more »
May 21, 2018
Africa: Why Africa Must Trust and Support its Youth to Creatively Drive its Industrialization
Many young Africans are coming up with innovative solutions to the continent’s problems and should be trusted and supported to drive continent’s industrialization,… Read more »
May 22, 2018
Africa: Korea is a Model for Africa's Industrialization, says President Adesina
Young Africans should be trusted and supported to drive the continent’s industrialization Read more »
Africa: South Korea's Rapid Development is an Inspiration to Africa, says African Development Bank President
The rapid economic development in Korea is an inspiration and a model to African economies, said African Development Bank President, Akinwumi Adesina. Read more »
June 07, 2018
Africa: Say No to Plastic! the African Development Bank Shows the Way in the Fight Against Plastic Pollution in Africa
While the fight against plastic waste is gaining more resonance in Africa, the use of plastic bags is still well-rooted in custom and practice, at the expense not only of the… Read more »
June 08, 2018
Africa: The African Development Bank and the Climate Investment Funds Support Their First Private Sector-Led Geothermal Power Plant in Kenya
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean… Read more »
Africa: Stimulating Africa's Bond Markets - African Development Bank Approves U.S. $10-Million Equity Investment in Financial Sector Deepening Fund
To strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, the African Development Bank has approved a US $10-million investment… Read more »
June 07, 2018
Africa: We Have High Hopes and Expectations for Your Country, Adesina Tells President of São Tomé and Príncipe
African Development Bank President, Akinwumi Adesina, met with São Tomé and Príncipe President Evaristo Carvalho on Wednesday, just as the Bank's Board of… Read more »
June 06, 2018
Africa: African Development Bank Promotes Better Access to Mortgage Finance in Ghana
The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an… Read more »
Africa: African Development Bank Launches Coding for Employment Program
The African Development Bank, together with partners - The Rockefeller Foundation, Microsoft and Facebook - launched the Coding for Employment Program at the African Innovation… Read more »
June 04, 2018
Africa: World Environment Day - Collective Action Must Be Taken to Beat Plastic Pollution in Africa
On the occasion of World Environment Day, June 5, and World Oceans Day, June 8, the African Development Bank is calling for collective action to reduce the pressing environmental… Read more »
Africa: From the Scourge of Plastic Waste Pollution in Africa to Value Addition and Improved Livelihoods
The theme for World Environment Day celebrations in 2018 is "Beat Plastic Pollution." There has been a big focus on the devastating impacts of plastic waste (particularly… Read more »
Africa: Innovative Approaches to Financing Climate Adaptation
During this year's Innovation4Climate meeting in Germany, focused on "Adaptation metrics for innovative results-based adaptation and resilience finance," the African Development… Read more »
June 01, 2018
Africa: African Development Bank Encourages Japanese Private Sector to Invest in Agribusiness in Africa
The African Development Bank held a seminar focusing on agribusiness on May 29, n2018 in Tokyo, Japan. This was the first joint event with Sasakawa Africa Association, following… Read more »
May 31, 2018
Africa: Ten-Year CAD 60-Million "Feed Africa" Bond Issued By the African Development Bank
The AAA-rated African Development Bank (Moody's/S&P/Fitch/Japan Credit Rating Agency), issued its second "Feed Africa" bond for CAD 60 million, sold to Japan Post Insurance… Read more »
May 28, 2018
Africa: Young Laureates of "The Africa of My Dreams" Essay Contest Light Up Africa Day
On Friday, May 25, 2018, the last day of the African Development Bank Annual Meetings, which were held this year in Busan, Korea, the Bank celebrated Africa Day, which commemorates… Read more »
June 02, 2018
Africa: African Development Bank, Green Climate Fund and Africa 50 Support Desert to Power Programme
The African Development Bank, the Green Climate Fund (GCF) and the Africa50 investment fund signed a letter of intent to collaborate on the Desert to Power programme on the… Read more »
May 28, 2018
Africa: African Development Bank Annual Meetings 2018
Young Laureates of "The Africa of my Dreams" essay contest light up Africa Day Read more »
May 24, 2018
Africa: Integrity in Development Projects - African Development Bank and Sinohydro Reach Settlement Agreement On Fraudulent Practice
Sinohydro Corporation agrees to a comprehensive verification of its compliance program by the African Development Bank following the detection of a fraudulent practice in tendering… Read more »
May 22, 2018
Africa: The African Development Bank Issues Eur 1.25 Billion 0.875 Percent 10-Year Social Bond Due 24 May 2028
On Wednesday, 16th May 2018, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA by Moody's / S&P / Fitch (with stable outlook) successfully priced a EUR 1.25 billion… Read more »
May 23, 2018
Africa: African Legal Support Facility Governing Council and Management Board Meets in Busan
The African Legal Support Facility (ALSF) held its 25th Management Board and 9th Governing Council meetings on 20 and 21 May 2018 respectively, on the margins of the 2018 African… Read more »
Africa: Relief for Chitungwiza Residents
"For every drop of water you waste, you must know that somewhere on earth, someone is desperately looking for a drop of water!" Novelist and thinker Mehmet Murat Ildan's warning… Read more »
Africa: Korea Announces $5-Billion Financial Package for Africa At African Development Bank Annual Meetings
The Government of Korea and the African Development Bank have issued a Joint Declaration following the conclusion of the Ministerial Roundtable of the Korea-Africa Economic… Read more »
May 22, 2018
Africa: Private Sector Liaison Officers' Network and DFIs Share Ideas On Climate Smart Agriculture
The Private Sector Liaison Officers' Network (PSLO) organized a Climate Smart Agriculture mission in Abidjan, Cote d'Ivoire,13-17 May 2018. During the four-day program, prominent… Read more »