April 20, 2020
Africa: African Development Bank's Seed-Bulking Scheme Boosts Cassava Yields in Zambia
For centuries, African farmers across the continent have grown cassava. The woody shrub was introduced to Africa from South America by Portuguese traders in the 16th Century and… Read more »
Africa: African Development Bank Debars China Zhonghao Nigeria Limited for 18 Months for Fraudulent Practices
The African Development Bank Group on 14 April 2020, announced the debarment of China Zhonghao Nigeria Limited, a civil engineering company registered in Nigeria, for 18 months,… Read more »
April 18, 2020
Africa: African Development Bank Strongly Rebuts Claims That It Plans to Provide Financial Support to the East African Crude Oil Pipeline Project
The African Development Bank has become aware of an inaccurate news article stating that the institution plans to provide financial support to the East African Crude Oil Pipeline… Read more »
April 17, 2020
Africa: African Development Bank Places Zhongmei Engineering Group Limited On 12 Months Conditional Non-Debarment for Fraudulent Practice
The African Development Bank Group on 17 April 2020, announces a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in… Read more »
April 16, 2020
Africa: COVID-19 Pandemic Bolsters Case for Technology-Based Economic Resilience
As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while less affected, is preparing to undergo its own severe social and economic… Read more »
April 15, 2020
Africa: African Development Bank's Sefa Grants $760,000 to Develop Small-Scale Renewable Energy Projects Across Sub Saharan Africa
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA), has approved a $760,000 grant to Empower New Energy AS (EmNEW), to develop at least eight small… Read more »
April 10, 2020
Africa: African Development Bank Group Approves $10 Million Equity in Razorite Healthcare Fund for Africa
The Board of Directors of the African Development Bank has approved a $10-million equity investment in Razorite Healthcare Africa Fund 1 (RHAF1) to help improve healthcare… Read more »
Africa: The African Development Bank and Its Partners Want Your Ideas for Beating the COVID-19 Pandemic
The African Development Bank and partners are set to host an online #AfricaVsVirus Challenge from 16 to 19 April 2020. The 72-hour competition is a global hackathon - or "ideathon"… Read more »
April 08, 2020
Africa: African Development Bank Group Unveils $10 Billion Response Facility to Curb COVID-19
The African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. Read more »
Africa: World Health Worker Week - Amid a Global Pandemic, We Must Celebrate "Leaders On the Front Line"
During World Health Worker Week 2020 (5-11 April), the African Development Bank joins the global community to celebrate and recognise the contributions of health workers, including… Read more »
Africa: Deaf Kenyan Teenager Pursues Fashion Design Dreams
Where she comes from, people like her rarely find opportunities to pursue their ambitions. For a while, Nasike Robai thought she would suffer the same fate. Read more »
April 06, 2020
Africa: Appointment of Acting Chief Risk Officer (Pgrf)
The African Development Bank Group is pleased to announce the appointment of Mr. Nourredine Lafhel as Acting Chief Risk Officer, effective 6th April 2020. Read more »
Africa: Appointment of Acting Director, Communication and External Relations
The African Development Bank Group is pleased to announce the appointment of Mrs. Nafissatou N'diaye DIOUF as the Acting Director for Communications and External Relations… Read more »
Africa: Appointment of Acting Director, Corporate Information Technology Department (Chis)
Senior Management is pleased to announce the appointment of Mr. Pepin Vougo as Acting Director, Corporate Information and Technology Department effective 1st April 2020. Read more »
Africa: Appointment As Acting Director, General Services and Procurement (Chgs)
The African Development Bank Group is pleased to announce the appointment of Mr. Jean Hubert BAYALA as the Acting Director for General Services and Procurement (CHGS), effective… Read more »
April 03, 2020
Africa: African Development Bank Celebrates Milestone With First Social Bond Listing On London Stock Exchange
Record-breaking $3 billion Fight Covid-19 social bond launches on LSE: a first for the Bank Read more »
Africa: African Development Bank Group Approves Gender Equality Trust Fund and Risk-Sharing Mechanism to Improve Women's Economic Empowerment in Africa
The Board of Directors of the African Development Bank Group have approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women's empowerment… Read more »
Africa: The Pandemic Is No Time for Fiscal Distancing
Click here to read the full OpEd on CNN.com Read more »
April 04, 2020
Africa: The pandemic is no time for fiscal distancing
These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates… Read more »
April 01, 2020
Africa: African Development Bank Wins Industry Gong for Pioneering 2019 Social Bond Issue
The African Development Bank received on 30 March 2020 an award for its successful one billion Norwegian krone (NOK) social bond issued in 2019. This Environmental Finance 2020… Read more »
Africa: African Development Bank Approves $2 Million Emergency Assistance for Who-Led Measures to Curb Covid-19 in Africa
The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to… Read more »
March 27, 2020
Africa: African Development Bank Approves $8.25 Million Loan to Food Producer Olivine Industries
The Board of Directors of the African Development Bank Group has approved a $8.25 million corporate loan to Olivine Industries Limited to support the company's food production… Read more »
Africa: African Development Bank Launches Record Breaking $3 Billion "Fight Covid-19" Social Bond
Landmark transaction, largest Social bond transaction to date in capital markets Read more »
March 23, 2020
Africa: Coronavirus and Climate Change - Observing World Water Day
A message from Dr. Jennifer Blanke Vice-President, Agriculture, Human and Social Development African Development Bank Read more »
March 19, 2020
Africa: African Development Bank Renews Risk Participation Agreement for Trade Finance With Sumitomo Subsidiary
The Board of Directors of the African Development Bank on Wednesday approved a $200 million Trade Finance Risk participation agreement (RPA) between Sumitomo Mitsui Banking… Read more »