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 »

Africa: COP28 - African Development Bank, International Partners Commit to Climate Resilient Debt Clauses

The African Development Bank Group announced its adoption of climate resilient debt clauses (CRDCs) today, joining major creditors and international development banks at a COP28… Read more »

Africa: King Letsie III of Lesotho Launches Position Paper On Integrating Nutrition Into Climate Financing

Dr Garba Laouali, African Development Bank's Manager of Agricultural Production, Sustainability, and Research Division (L), H.E Ahmed Madobe Nunow, Minister of Agriculture of the… Read more »

Africa: African Development Bank Approves $66 Million Loan for Equity Enhancement of Tanzania Agricultural Development Bank

African Development Bank support will give to agricultural sector and value chain entrepreneurs greater access to the financial and non-financial services of the Tanzanian… Read more »

Africa: Rwanda - African Development Bank and the Agtf Mobilize Usd 250 Million to Improve Access to Water and Sanitation

Funding from the African Development Bank Group will make it possible to rehabilitate the Nzove 1 wastewater treatment plant and supply drinking water to an additional 227,000… Read more »

Africa: Senegal Makes Its Entry On the International Sustainable Finance Market With Eur 400 Million Partial Credit Guarantee From the African Development Bank

Proceeds from loans secured through AfDB's partial guarantee will be allocated exclusively to social and green investment sectors. Read more »

Africa: COP28 Side Event - Post Dakar 2 African Initiatives for Food Sovereignty and Resilience: Lessons Learned and Perspectives

What: Read more »

Africa: Nigeria - African Development Bank and Fsdh Merchant Bank Sign $20 Million Trade Finance Agreement to Support SMEs and Corporates

Bukola Smith, Managing Director, FSDH Merchant Bank (left) and Lamin Barrow, Director General, African Development Bank Nigeria Country Department, display copies of the signed… Read more »

Africa: COP28 - African Development Bank Garners Significant Global Support for Climate Action in Africa

The African Development Bank Group's initiatives towards building a climate-resilient Africa drew significant support at the 2023 UN Climate Change Conference (COP28), garnering… Read more »

Africa: African Development Bank and Burundi Government Discuss Training and Entrepreneurship for Young People

Gervais Abayeho, Minister for East African Community affairs, Youth, Sport and Culture (far left); Hendrina Chalwe Doroba, head of the Education and Skills Development Division for… Read more »

Africa: COP28 - African Development Bank's Afawa Grants $1.8 Million to Boost Entrepreneurship Skills for Thousands of Women in Partnership With Export Trading Group

The African Development Bank Group's Affirmative Finance Action for Women in Africa (AFAWA) and Export Trading Group have signed a technical assistance agreement of $1.8 million to… Read more »

Africa: COP28 - International Support Grows for Channeling IMF Special Drawing Rights Through Multilateral Development Banks

Governments of France, Japan, Spain and the UK express support for use of hybrid SDR instrument to provide development resources to countries in need in Africa and Latin America… Read more »

Africa: African Economic Conference 2023 Ends With a Call to African Countries to Invest in Regional Value Chains to Facilitate Industrialization

L-R: Adam Elhiraika, Director, Macroeconomics and Governance Department, ECA; Kevin Urama, Chief Economist and Vice President, AfDB; Matthias Naab, Director, Regional Service… Read more »

Africa: COP28 - Heads of Multilateral Development Banks Explore Closing Nature and Water Financing Gap

Dr Beth Dunford, Vice President, Agriculture, Human & Social Development presents the Bank's initiatives for SDG 6 and climate action. Read more »

Africa: Cop 28 - African Water Facility to Host Event On Water Security for Climate Resilience in Africa

Who: African Water Facility, African Development Bank Read more »

Africa: At 37th Nepad-Ippf Oversight Committee Meeting, Germany Pledges Eur 18.4 Million for Fund's Replenishment in 2024

The NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF), has successfully concluded its 37th Oversight Committee Meeting, welcoming a pledge from Germany for its… Read more »

Africa: COP28 - African Development Bank President Invites Business Leaders to Invest in Africa to Accelerate Decarbonization

African Development Bank President Akinwumi Adesina has urged African business leaders to seize the enormous potential in Africa by investing in green infrastructure. Read more »

Africa: Global Leaders Call for Increased Resources to Provide 1 Billion People With Clean Cooking Solutions in Africa

"Every woman, every mother must be able to turn on the gas cooker and cook a decent meal like anywhere else in the world"--Adesina Read more »

Africa: COP28 - Africa Could Lose $25 Billion Per Year As New EU Carbon Tax Comes Into Effect, Warns African Development Bank's Adesina

African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa's trade and industrialization progress… Read more »

Africa: African Development Bank Approves Usd 15 Million Trade Finance Transaction Guarantee Facility for NMB Bank to Support SMEs and Local Corporates in Zimbabwe

Support from the African Development Bank will enable NMB Bank to support SMEs and local businesses, including those owned by women. Read more »

Africa: COP28 - African Civil Society Unveils Its Recommendations for the Fight Against Climate Change in Africa

Solidarity between the African Development Bank, African civil society and the private sector is necessary to face climate challenges. Read more »

Africa: Climate Action Window - The African Development Bank Group Launches the First Call for Proposals for Adaptation Projects in 37 Low-Income African Countries

The African Development Bank Group has launched the first call for climate adaptation proposals for the Climate Action Window (CAW) during the COP28 climate conference in Dubai.… Read more »

Africa: How Access to Modern Stoves Could Be a Game-Changer for Africa's Economic Development - and Help Tackle Climate Change

Original story:… Read more »