August 02, 2022
Africa: Residents of Benin's Ouémé Valley Increase Their Incomes, Thanks to an African Development Fund Project
Following its launch in Benin in 2013, the Ouémé Valley Rural Infrastructure Support Project successfully improved the incomes of local populations. Rice farmers in… Read more »
Africa: When a Road Boosts Quality of Life and the Economy
A road can change everything: the landscape it crosses, of course, but also the economic life of an entire region and the daily lives of the surrounding populations. Read more »
Africa: African Development Bank Group Appoints Marie-Laure Akin-Olugbade As Acting Vice President for Regional Development, Integration and Service Delivery
The African Development Bank has appointed Mrs. Marie-Laure Akin-Olugbade, née Ndongo-Seh, as Acting Vice-President of its Regional Development, Integration and Business… Read more »
Africa: Investing in the Youth Is Key to Africa's Digital Transformation and Financial Inclusion - African Development Bank East Africa Director General
The youth will drive Africa's digital economy; hence the need to invest in their skills development to accelerate innovations and growth on the continent, African Development Bank… Read more »
July 29, 2022
Africa: Atlantic Council Panel On 2022 African Economic Outlook Pushes for 'Africa Agenda' At Cop 27
Africa deserves the highest priority attention at the United Nations climate conference, COP 27 to be held in November this year, panel members discussing the African Development… Read more »
Africa: U.S. National Bar Association Honors Akinwumi Adesina With Distinguished Ronald Harmon Brown Award of International Distinction
African Development Bank Group President Dr. Akinwumi Adesina, was honored with the distinguished Ronald Harmon Brown Award of International Distinction, by the National Bar… Read more »
July 28, 2022
Africa: African Development Bank and African Guarantee Fund Sign $110 Million Agreement With Tanzania's Crdb Bank to Boost Access to Finance By Women's SMEs
The African Development Bank today signed a $60 million financial package comprising $50 million subordinated debt to support CRDB Bank's regional expansion efforts and a senior… Read more »
Africa: Dramane Diallo - Water, Peace, and Farms
Fifty-four-year-old Dramane Diallo has been a farmer since he was a young boy, a profession he learned at an early age from his parents. For the Diallo family, agriculture is a… Read more »
July 25, 2022
Africa: African Development Bank, African Organisation of English-Speaking Supreme Audit Institutions, Launch $8 Million Project to Promote Transparency and Accountability
The African Development Bank and the African Organisation of English-speaking Supreme Audit Institutions (AFROSAI-E) have officially launched a three-year support project to… Read more »
July 27, 2022
Africa: USTDA and AIF Showcase Women As Investment Champions
The U.S. Trade and Development Agency (USTDA) and African Development Bank's Africa Investment Forum (AIF) co-hosted a forum of 40 women leaders who are delivering high-quality… Read more »
July 26, 2022
Africa: African Development Bank, African Continental Free Trade Area Secretariat, Sign $11 Million Institutional Support Grant Agreement
The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package… Read more »
East Africa: Nepad-Infrastructure Project Preparation Facility and Comesa Secretariat Launch Market Analysis for the Africa Cloud Ecosystem Project
The Secretariat for the Common Market for Eastern and Southern Africa (COMESA) and the African Development Bank have launched phase one of the Africa Cloud Ecosystem Project, to be… Read more »
Africa: African Economic Outlook 2022 - African Development Bank and IMF Experts Underscore the Urgency of Climate Financing for Africa
African Development Bank and International Monetary Fund (IMF) experts have stressed the urgency of mobilizing climate financing for Africa during a panel discussion on the African… Read more »
July 25, 2022
Africa: Tenin Traoré - the "Working Housewife" Who Has Seen Her Life Change Thanks to the New Market
Every day, in Baguinéda, a small rural town in Kati Circle in the Koulikoro region of southern Mali, Tenin Traoré sells her biscuits on a sidewalk corner.… Read more »
Africa: Rethink Development Climate Finance to Get to Net Zero, African Development Bank DG Says At Opec Fund Development Forum
Creating fiscal space for development finance and stepping up regional infrastructure projects will be vital to Africa's road to achieving net zero, African Development Bank… Read more »
July 21, 2022
Africa: Invest in Africa, African Development Bank Chief Urges Investors At U.S.-Africa Business Summit
The President of the African Development Bank Group Dr. Akinwumi Adesina has given strong assurance to U.S. investors that Africa is a secure, competitive and profitable market for… Read more »
July 22, 2022
Africa: With a Sevenfold Budget Increase, the Urban and Municipal Development Fund Spearheads Action for African Cities
On Thursday 7 and Friday 8 July 2022, partners and donors of the African Development Bank's Urban and Municipal Development Fund (UMDF) met in Brussels at a meeting hosted by the… Read more »
Africa: African Development Bank Approves Risk Participation Agreement With Crédit Agricole Cib to Stimulate Intra-African Trade
The Board of Directors of the African Development Bank Group has approved a Risk Participation Agreement of $50 million with Crédit Agricole Corporate and Investment Bank. Read more »
July 20, 2022
Africa: African Development Bank to Present Report On Climate and Economics At the Atlantic Council in the US
What: Atlantic Council panel discussion on African Economic Outlook 2022 Read more »
Africa: African Development Bank Technologies for African Agriculture Transformation (Taat) to Receive $27 Million for Emergency Production of 120 Million Tonnes of Food
The African Development Bank will release an additional $27.41 million to implement Phase II of its flagship agricultural initiative, "Technologies for African Agricultural… Read more »
Africa: Africa50 General Shareholders Meeting in Morocco Call for Global Investments in African Infrastructure
African Development Bank Group President and Chairman of the Africa50 Board of Directors, Dr. Akinwumi Adesina has highlighted the crucial role that Africa50 is playing to help… Read more »
July 19, 2022
Africa: African Development Bank Group Board Approves More Than $1 Billion for Emergency Food Production Plan
Facility targets 20 million African smallholder farmers to end reliance on food imported from Russia and Ukraine Read more »
Africa: In Bugesera, Former Swamps Become a Source of Wealth and Schooling
Cyriaque Ndagijimana was a modest Rwandan farmer in Bugesera, a district in Eastern Province, Rwanda, known for its many marshes. While he managed TO provide for his family, he was… Read more »
July 18, 2022
Africa: Fitch Ratings Affirms African Development Bank At 'Aaa' - Outlook Stable
On July 13, the global credit rating agency Fitch Ratings affirmed the African Development Bank's long-term credit rating: AAA with a Stable Outlook. This is a very strong… Read more »
Africa: African Economic Conference Invites Researchers to Submit Papers for 2022 Edition
The organizers of the African Economic Conference have issued a call for research and policy papers that focus on the event's theme: Supporting Climate-Smart Development in Africa. Read more »