Africa: Circular Economy - Connecting the Dots Between Climate Change, Resilience, and Opportunities in Africa

When it comes to climate change and Africa, the usual narrative revolves around the increasing vulnerability of the continent to the negative effects of climate change. Read more »

Africa: Egyptian Officials Extol African Development Bank Financing Instrument's High Impact

The African Development Bank has received praise for financing a multi-million-dollar life-changing sanitation project in Upper Egypt that will provide potable water to thousands… Read more »

Central Africa: Zimbabwe - African Development Bank Approves $25 Million Trade Finance Line of Credit for Central Africa Building Society

The Board of Directors of the African Development Bank Group has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, to… Read more »

Africa: Africa Union Ready to Support Member States to Advance Land Policies Aligned With the African Continental Free Trade Area's Objectives

At the conference convened in Addis Ababa, Ethiopia from 21-24 November 2023 under the theme, "Promoting Sustainable Land Governance in Africa for Accelerating Implementation of… Read more »

Africa: Multinational - African Development Bank's Sefa to Provide $9.72 Million to Modernise the African Hydropower Fleet

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP),… Read more »

Africa: African Development Bank Urges Inaugural Graduates of Public Finance Management Academy for Africa to Champion Accountability and Transparency

"Africans must unite to mobilise and effectively manage the resources needed to increase productivity and create wealth in Africa for Africans," says Vice President Urama Read more »

Africa: Africa Gets Shot in the Arm As African Pharmaceutical Technology Foundation Gets Underway

Africa's efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation… Read more »

Africa: African Development Bank Appoints Richard Kwaku Ofori-Mante As Director of the Agricultural Finance and Rural Development Department

The African Development Bank has appointed Richard Kwaku Ofori-Mante, a Ghanaian national, as Director of the Agricultural Finance and Rural Development Department. Read more »

Africa: Atidi Becomes Partner of the Lusophone Compact

The African Development Bank Group and ATIDI, the pan African multilateral insurer, have signed an agreement making the insurer a strategic partner of the Lusophone Development… Read more »

Africa: The African Development Bank Appoints Armand Nzeyimana Director of the Development Impact and Results Department

The African Development Bank Group has appointed Armand Nzeyimana as Director of the Development Impact and Results Department, effective 16th November 2023. Read more »

Africa: African Development Bank Approves a U.S.$ 175 Million Facility for United Bank for Africa (UBA) to Support Private Sector and Infrastructure Development.

The Board of Directors of the African Development Bank Group today approved a $175 million financial package for United Bank for Africa (UBA), comprising $100 million in long-term… Read more »

Africa: African Development Bank Appoints Ramzi Mohammed Ali As Director of Staff Welfare Services, Compensation and Employment Policy Department

The African Development Bank has appointed Ramzi Ali, a national of Saudi Arabia, as Director of the Staff Welfare Services, Compensation and Employment Policy Department. Read more »

Africa: COP28 - African Development Bank Food and Climate Initiatives Align With Global Declaration On Food-Related Emissions and Food Systems Transformation

The first global declaration on curbing emissions from food production was signed by 134 countries, including 25 African countries, at the COP28 climate summit in Dubai, putting… Read more »

Africa: COP28 - Norway Bolsters Africa's Climate Defenses With $6.5 Million Disaster Financing Pledge to African Development Bank

Norway becomes the fifth donor country to Africa Disaster Risk Financing Programme Multi-Donor Trust Fund Read more »

Africa: African Development Bank and the International Committee of the Red Cross Join Hands to Advance Sustainable Solutions in Conflict-Affected Settings

ICRC Vice President Gilles Carbonnier(l) and AfDB Vice President Marie-Laure Akin-Olugbade (r) following the signing of an MOU between the institutions to jointly address… Read more »

Africa: São Tomé and Príncipe - African Development Bank Group Extends $17.4 Million to Support Public Finance and Energy Sector Reforms

The Board of Directors of the African Development Bank Group has approved $17.4 million in grants for Sao Tome and Príncipe to shore up the national budget and enhance… Read more »

Africa: Africa Needs Just Trade for a Just Energy Transition, African Development Bank Head Says At Doha Forum

The President of the African Development Bank Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax by the European Union could push… Read more »

Africa: Benin - African Development Bank Approves Loan of Approximately €39 Million to Boost Private Sector's Contribution to Economic Development

The African Development Bank's contribution aims to boost the development of the private sector so as to increase its input into Benin's economy. Read more »

Africa: Burundi - African Development Bank Presents Health Infrastructure Strategy for Africa

The Bank Group's Strategy for Quality Health Infrastructure 2020-2030 was presented to health actors in Burundi. Read more »

Africa: African Development Bank Approves $696.41 Million of Financing for Burundi and Tanzania to Build 650 Kilometers of Rail Infrastructure to Develop the Central Corridor Network

The Bank's support will enable 651 kilometers of rail to be laid between Tanzania and Burundi, promoting cross border travel and regional integration Read more »

Africa: COP28 - United Kingdom Commits £7.4 Million Additional Funding to African Development Bank's Africa Disaster Risk Financing Programme

Grant to support Somalia in adapting to weather extremes related to climate change Read more »

Africa: Webinar 16 Days of Activism Against Gender-Based Violence

Join Us for the 16 Days of Activism Webinar: Read more »

Africa: The African Development Bank Appoints Yacine Fal As Special Representative of the President to the Africa Investment Forum

African Development Bank Group President Dr. Akinwumi Adesina has appointed Yacine Fal as his Special Representative to the Africa Investment Forum, effective December 15, 2023. Read more »

Africa: Cop 28 - African Development Bank Raises Green Finance for African Countries

The African Development Bank Group on 4 December 2023 held discussions with the Rwandan financial sector policymakers on the capitalization of the Rwanda Green Investment Bank… Read more »

Africa: Africa Visa Openness Index 2023 - Progress in Visa Openness in Africa to Ease Cross Border Travel, Boost Trade, Investment and Regional Integration

Rwanda becomes latest African country to offer visa-free access to all Africans Read more »