May 29, 2022
Africa: Africa Investment Forum Showcases Major Projects, Including $15.6 Billion Abidjan-Lagos Highway
On the margins of the African Development Bank Group's 2022 Annual Meetings, the Africa Investment Forum convened investors to promote the power of the platform to draw critical… Read more »
May 28, 2022
Africa: African Development Bank Group Governors Endorse the Bank's Vision for the Next 10 Years
The African Development Bank Group has concluded five days of annual meetings in Accra, Ghana on Friday with a rallying cry from its President Dr. Akinwumi Adesina, to be proud of… Read more »
Africa: African Development Bank Group Concludes Annual Meetings - Governors Endorse the Bank's Vision for the Next 10 Years
The African Development Bank Group has concluded five days of annual meetings in Accra, Ghana on Friday with a rallying cry from its President Dr Akinwumi Adesina, to be proud of… Read more »
Africa: African Development Bank Group Concludes Annual Meetings Close - Governors Endorse the Bank's Vision for the Next 10 Years
The African Development Bank Group has concluded five days of annual meetings in Accra, Ghana on Friday with a rallying cry from its President Dr Akinwumi Adesina, to be proud of… Read more »
May 27, 2022
Africa: African Development Bank Calls Roundtable to Discuss Mobilizing Resources for Regional Integration and Development in Africa
Heads of Africa's leading regional and continental bodies on Thursday met to discuss how to fast-track the continent's development plan, known as Agenda 2063. Covid-19 and rising… Read more »
Africa: 2022 Annual Meetings - a $20 Smartphone Could Spark Africa's Mobile Boom. Experts Offer This and Other Digital Solutions During Panel Discussion
The African Development Bank hosted a panel of experts drawn from industry, government and the investment community to lay out key actions for Africa to deliver a transformational… Read more »
Africa: African Development Bank Group Launches Dedicated Trust Fund for Circular Economy
The African Development Bank Group today launched its first Africa Circular Economy Facility during its 2022 Annual Meetings. The circular economy is a model of production and… Read more »
Africa: African Development Bank Reports Strong Financial Health, Despite Covid-19 Crisis
The African Development Bank Group is progressing with financial reforms that have helped it become stronger, more resilient, and better equipped in the wake of the Covid-19… Read more »
Africa: Ethiopia Shares 'Rare' Success Story, Sets Its Sights On Becoming an African Breadbasket
Ethiopia has set its sights on becoming a regional breadbasket, the country's finance minister Semereta Sewasew said on Thursday. Read more »
Africa: African Legal Support Facility Holds 2022 Annual Meetings
The Management Board and Governing Council of the African Legal Support Facility (ALSF) have expressed satisfaction with the strong 2021 performance of the ALSF. They also… Read more »
Africa: Africa Day - Young African Entrepreneurs Propose Sustainable Solutions for the Future of the Continent
Young African entrepreneurs on Wednesday expressed their doubts about the future. But, above all, they shared their hopes for our continent's development. Read more »
May 25, 2022
Africa: 2022 Annual Meetings - President Samia Suluhu Hassan of Tanzania Receives Babacar N'diaye Trophy for Her Commitment to Road Development
A special award, conferred in 2021, was presented to the President for her role in transport development in Africa. Read more »
May 26, 2022
Africa: Africa Day - African Leaders Express Optimism for the Africa We Want
Governors, the board, management and staff of the African Development Bank Group--meeting in the Ghanaian capital for its annual meetings this week--devoted much of Wednesday to… Read more »
Africa: Ghana Signs Grant Agreement With African Development Fund, Government of Switzerland, to Support Development of Mini-Grids and Solar PV Net Metering
The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini Grid and… Read more »
Africa: Africa's Recovery Remains Uneven - More Resources Are Needed - African Development Bank Report
With the support of the Bank's rapid Covid-19 Response Facility, more than 300,000 small and medium enterprises received affordable finance Read more »
Africa: Leveraging the Power of Special Drawing Rights - How Developed Countries Can Help Boost Africa's Development
An interview with Hassatou Diop N'Sele, Acting Vice-President for Finance and CFO Read more »
Africa: Channel IMF Special Drawing Rights Through Multilateral Development Banks, Urge African Development Bank Governors
The United Kingdom may channel some of its International Monetary Fund Special Drawing Rights (SDRs) to Africa through the African Development Bank, revealed UK Minister for… Read more »
Africa: African Leaders Signal Support for African Development Bank's Emergency Food Production Facility
African governments and international development institutions have voiced support for the African Development Bank Group's $1.5 billion emergency food production facility to help… Read more »
May 24, 2022
Africa: Morocco - The African Development Bank Provides €57 Million in Additional Financing for Construction of the Nador West Med Port Complex
The Board of Directors of the African Development Bank Group, has approved additional financing of 57 million euros for construction of the Nador West Med port complex in Morocco. Read more »
May 25, 2022
Africa: African Development Bank, Masen and Res4africa to Co-Organise Training Programme for Sahel Countries
The African Development Bank, MASEN and RES4Africa have agreed to join forces on a dedicated solar energy training programme in 2022, to foster the uptake of solar energy in five… Read more »
Africa: African Economic Outlook 2022 - Africa's 2021 Economic Rebound Impacted By Lingering Covid-19 Pandemic and Russia-Ukraine War
Africa's gross domestic product has recovered strongly in the last year, but the lingering effects of the Covid-19 pandemic, Russia's invasion of Ukraine and the ensuing war could… Read more »
Africa: African Development Bank 2022 AMs - African Leaders Show Common Resolve to See a More Financially Powerful African Development Bank
Ghana's President Nana Akufo-Addo, Filipe Nyusi of Mozambique, President Samia Suluhu Hassan of Tanzania, and Azali Assoumani of Comoros have voiced strong support for the the… Read more »
Africa: African Development Bank, Swedfund Collaborate to Promote Private Sector Participation in Transmission Lines in Africa
The African Development Bank Group and Sweden's Development Finance Institution, Swedfund International AB (Swedfund), have formalized an agreement to enhance private sector… Read more »
Africa: African Development Bank Group Annual Meetings 2022 - Harness the Collective Institutional Financial Strength of Africa to Meet Development Needs and Fight Climate Change, Ghana Says
Harness the collective institutional strengths of Africa for sustained transformation - President Nana Dankwa Akufo-Addo Read more »
Africa: Mozambique - African Development Bank to Serve As Advisor for Development of 1500 Mw Mphanda Nkuwa Hydropower Project
The African Development Bank has signed an agreement with Gabinete de Implementação do Projecto Hidroeléctrico de Mphanda Nkuwa, an implementing entity, to… Read more »
