Africa: COP28 - Mozambique's $80 Billion Energy Transition Will Leverage Its Vast Renewable Resources, Says President

"African countries, and in this case Mozambique, should use an energy mix of hydroelectric power and natural gas"--Adesina Read more »

Africa: Africa Finance Corporation, African Development Bank Sign $350 Million Long-Term Line of Credit for Infrastructure

Africa Finance Corporation (AFC) and the African Development Bank have signed a $350 million long-term line of credit to support urgently needed financing for infrastructure… Read more »

Africa: African Development Bank's Public Finance Management Academy Graduates First Cohort of Government Officials Trained in Curbing Corruption and Illicit Financial Flows in Africa

WHAT: Training and Graduation ceremony for the first cohort of trainees of the Public Finance Management Academy for Africa; Dissemination of Benchmark Macroeconomic Models for… Read more »

Africa: COP28 - African and Mideast Leaders Welcome $10 Billion Safe Initiative to Tackle Food Security Amid Climate Crisis

Leaders from Africa and the Middle East launched a $10 billion public-private-partnership initiative during COP28 to transform food systems for millions of people facing… Read more »

Africa: The AfDB's Business Opportunities Seminar - Second Edition 2023

What : Read more »

Africa: Revolutionizing African Finance - Innovations Explored At COP28 Side Event

At COP28, The AfDB shared its expertise on innovative ways to tap finance for climate action and other priorities. Read more »

Africa: Mozambique - African Development Bank Grants $33 Million to Improve the Electrical Grid Near Borders With Malawi, Zambia and Zimbabwe

The African Development Bank will contribute through the implementation of this project to improve access to electricity for people in Central and Northern Mozambique. Read more »

Africa: COP28 - Africa Day - African Leaders Emphasize Need for Significantly Increased Climate Action and Green Growth Financing

The President of the African Development Bank, Dr Akinwumi Adesina, speaks at the opening of Africa Day at COP 28 in Dubai, alongside Mr Azali Assoumani, President of the Republic… Read more »

Africa: COP28 - Italy Announces €5 Million Contribution to Sustainable Energy Fund for Africa

Italy has made a new commitment of €5 million to Africa's sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) Special Fund. The Italian Deputy… Read more »

Africa: Six Regional Technical Consultations to Improve the Bank's Public Service Delivery Index

To help improve the quality and coverage of public services delivered to African citizens, the African Development Bank Group held six regional technical consultative meetings on… Read more »

Africa: Youth-Led African Enterprises Awarded $800,000 At COP28 for Climate Solutions

Eight dynamic African young women-led businesses emerged as winners of the 2023 YouthAdapt challenge. Each business will receive grant funding of up to $100,000. Read more »

Africa: COP28 - Clean Cooking for All Africans Is Possible, Say World Leaders

Leaders from around the world have declared their commitment to provide clean cooking energy by 2032 to nearly a billion people in Africa who still cook using firewood and other… Read more »

Africa: Cop 28 - African Development Bank's $1 Billion Insurance Facility to Protect Millions of Farmers in Africa

"Over 97% of farmers in Africa do not have agricultural insurance. Their only insurance is to pray"--Adesina Read more »

Africa: COP28 Multilateral Development Banks (Mdb) Joint Statement

The climate crisis is rapidly worsening with increasingly severe and visible social, environmental, and economic impacts across the world. The window of opportunity to secure a… Read more »

Africa: African Development Bank With Other Multilateral Development Banks Commit to Boost Collaboration On Climate and Development

Multilateral development banks attending the 2023 UN Climate Change Conference (COP 28) today affirmed their commitment to a concerted, global action, including increasing… Read more »

Africa: COP28 - African Countries Sign On to Join Pioneering Global Battery Energy Storage Consortium

African Development Bank joins initiative of the Global Leadership Council as resource partner Read more »

Africa: COP28 - Global and African Partners Pledge $175m to the Alliance for Green Infrastructure in Africa (Agia)

In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175… Read more »

Africa: Mdbs Join Forces At COP28 for Global Climate Resilience

Multilateral development banks (MDBs) have a key role to play in combating climate change, said development experts at this year's Conference of the Parties, COP28, convened as… Read more »

Africa: Bank-Civil Society Coalition Event At COP28

What: Bank-Civil Society Coalition Event at COP28 Read more »

Africa: COP28 - Events Organised By the African Development Bank Group At the Africa Pavilion

What: African Development Bank Events Read more »

Africa: Interview Opportunities

What: Read more »

Africa: COP28 - African Leaders Urge Robust Financing for Continent's Climate Adaptation

Global leaders attending this year's global climate change conference in Dubai on Friday urged a more global response to the continent's adaptation financing needs to tackle the… Read more »

Africa: Multinational - African Development Bank, Partners Launch $3.9 Million Project to Help Catalyse Diaspora Investment in Eight African Countries.

The African Development Bank, the African Union Commission (AUC), and the International Organization for Migration (IOM) have signed a protocol agreement for $3.9 million in grant… Read more »

Africa: Global Green Bond Initiative Joins With African Development Bank to Strengthen Green Bond Markets in Africa

"Let's help Africa fully leverage the power of green bonds," says AfDB Vice President Hassatou N'Sele. Alliance envisages €15-20 billion in green investments Read more »

Africa: What Lessons Can Asia Offer Africa in Developing the Green Minerals Value Chain?

A new vision is needed for Africa to harness its significant advantage in green mineral resources, experts say, and collaboration with Asian nations and learning from their… Read more »