December 21, 2016
Africa: From Surviving to Thriving - How AfDB Is Helping Transform Agriculture in Africa--New Report
97 percent of the Bank's agriculture projects rated satisfactory. Read more »
December 19, 2016
Africa: A Decade of AfDB's Development Results Report, Published
Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has published a report of unprecedented scope, which measures the relevance, effectiveness,… Read more »
December 16, 2016
Africa: Africa50 to Develop Solar Power in Nigeria
Africa50, the infrastructure fund for Africa, has signed a joint development agreement (JDA) for an 80 MW (AC) solar photovoltaic independent power project in Nigeria. The project,… Read more »
Africa: Partners Join Forces to Improve Wastewater Management and Sanitation in Africa
A new project has been launched to improve wastewater management and sanitation provision in Africa. Read more »
December 15, 2016
Africa: SEFA Funds Preparation of First-Ever Biomass Gasification Project in Uganda
The Sustainable Energy Fund for Africa (SEFA) approved on December 13 a US $993,000 grant to the Earth Energy Company Limited, a Ugandan firm, to prepare the first-ever biomass… Read more »
December 16, 2016
Africa: The African Development Bank Group Approves Africa Renewable Energy Initiative (AREI)
The Boards of Directors of the African Development Bank (AfDB) have endorsed the proposal by the Bank's Management to serve as Trustee to administer and manage the resources of… Read more »
Africa: AfDB Group Provides USD $250 Million to Support Enable Youth Nigeria Program
The Board of Directors of the African Development Bank Group (AfDB), has approved the ENABLE Youth Nigeria program, and will provide a USD 250 million loan, to contribute to job… Read more »
Africa: AfDB Approves USD $80 Million Loan and USD $20 Million Equity to Kainji and Jebba Hydro Power Project in Nigeria
The Board of Directors of the African Development Bank (AfDB or the Bank) has approved a financing package of USD 100 million, comprising USD 80 million loan and USD 20 million… Read more »
December 15, 2016
Africa: The African Legal Support Facility Hosts Workshop On Mining Contract Negotiations for Malawi Government Officials
A five-day training workshop on the negotiation of mining contracts commenced on December 13 in Lilongwe, Malawi. Convened by the African Legal Support Facility (ALSF), in… Read more »
Africa: USAID and Adea Organize a Joint Sub-Regional Meeting in Dakar to Promote the Launch of the Global Book Alliance
The United States Agency for International Development (USAID) and its partners have launched an initiative named "the Global Book Alliance (GBA)," aimed at transforming and… Read more »
Africa: Improving Aid Effectiveness and Transparency in AfDB's Rural Water Sector
Rural water supply and sanitation task managers and experts of the African Development Bank (AfDB) have discussed how to enhance transparency and aid effectiveness through online… Read more »
Africa: African Development Bank Approves U.S.$ 500 Million 2nd Tranche of Budget Support Loan to Egypt
The Board of Directors of the African Development Bank (AfDB), has approved a loan of US$ 500 million to finance Egypt's economic governance and energy support program phase II.… Read more »
December 14, 2016
Africa: AfDB's Board of Directors Approves the Institution's Borrowing Program for 2017
The Board of Directors of the African Development Bank has approved the institution's borrowing program for 2017, for an amount of UA 6.2 billion (equivalent to USD 8.4 billion) to… Read more »
Africa: AfDB Convenes an Innovation Workshop to Accelerate Energy Access Through an Innovative Pay-As-You-Go Model - PAYG 2.0
On December 9, 2016, The New Deal on Energy Task Force hosted an Innovation Workshop to explore pioneering business models to scale access to pay-as-you-go (PAYG) payment models… Read more »
Africa: African Development Fund Board Approves a Loan of USD$ 93.51 Million to Support the Agriculture Sector in Tanzania
The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 67.27 million (USD 93.51 million) to the United Republic of Tanzania for on-lending to the… Read more »
Africa: AfDB Approves U.S.$ 50 Million Equity Investment and USD$ 50 Million Convertible Loan to Seed the Establishment of the Multi-Investor USD$ 500 Million Facility for Energy Inclusion (FEI)
The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD 50 million equity and USD 50 million convertible… Read more »
December 13, 2016
Africa: AfDB Commits USD $74.9m to Reinforce Road Connection Between Mozambique and Tanzania
On Friday 9th December of 2016, the Board of Directors of the African Development Bank Group (AfDB) approved USD 71.8M grant and USD 3.1M loan to the Government of Mozambique for… Read more »
Africa: Africa Needs Quality Infrastructure for Sustained Economic Growth and Inclusiveness
"Building quality into every stage of the life-cycle of projects is essential if investment in infrastructure is to have a positive impact on Africa's economic development:" This… Read more »
December 12, 2016
Africa: 14th Replenishment of the African Development Fund
Donors agree on US $ 7.06 billion to the African Development Fund (ADF); increased financing for fragile countries; and scaled up support to the private sector Read more »
December 09, 2016
Africa: Nobel Laureate Eric Maskin Addresses Issues of Globalization and Inequality At 11th African Economic Conference
On Day 1 of the 11th African Economic Conference in Abuja, Nigeria, Prof. Eric Maskin of Harvard University and co-recipient of the 2007 Nobel Prize in economics made a short… Read more »
Africa: What Africa Can Learn From China's Green Revolution in Its Agro-Allied Industrialization Quest
Is there a future for smallholder farmers in Africa? Read more »
Africa: 16 Days of Activism Against Gender-Based Violence - Message From the President of the African Development Bank
The African Development Bank is committed to a genuine and comprehensive transformation of Africa through sustainable economic development. Read more »
Africa: "We Are Better Equipped to Deliver Results ", Say East African CSOs At AfDB Workshop in Nairobi
The African Development Bank (AfDB)'s consultations with East African civil society organizations (CSOs) concluded on December 9 in Nairobi, Kenya, with participants saying that… Read more »
Africa: "United Against Corruption - Integrity Counts" - African Development Bank Commemorates International Anti-Corruption Day On December 9
International Anti-Corruption Day is celebrated every December 9, marking the adoption of the United Nations Convention Against Corruption (UNCAC) in Merida, Mexico, on this day in… Read more »
Africa: "Anyone Can Report Issues to Us" - 3 Questions for Bubacarr Sankareh, Head of Investigations in the AfDB's Integrity and Anti-Corruption Department
As Head of Investigations, do you have to investigate acts of corruption reported on African Development Bank-funded projects or within the AfDB? Read more »