September 24, 2021
Africa: African Development Bank Adopts New Policy to Strengthen Accountability and Support People Affected By Its Operations
The Board of Directors of the African Development Bank Group have approved a new policy framework for the Independent Recourse Mechanism (IRM) aimed at strengthening accountability… Read more »
September 15, 2021
Africa: African Development Bank Approves a $50 Million Multinational Trade Finance Risk Participation Agreement Facility for Standard Chartered Bank
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African… Read more »
April 30, 2021
Africa: African Countries Commit to Double Agricultural Productivity As Development Banks and Partners Pledge Over $17 Billion to Increase Food Security
A coalition of multilateral development banks and development partners has pledged over $17 billion in financing to address rising hunger on the African continent, and to improve… Read more »
April 09, 2021
Africa: The Impact of Pan-African Banks On Financial Development in Sub-Saharan Africa
What: Webinar Read more »
March 31, 2021
Africa: How Can Interbank Markets Enable Economic Growth in Africa?
What: Webinar Read more »
March 03, 2021
Zambia: Zambia - The Bank Helps Cushion the Impact of Covid-19 With Livestock and Aquaculture Projects
The African Development Bank has helped communities in Zambia acquire goods worth around $450,000 since mid-2020 to cushion vulnerable people from the impact of COVID-19. Read more »
January 20, 2021
Africa: African Development Bank, European Investment Bank Sign Joint Partnership Action Plan to Fast-Track Development in Africa
The African Development Bank (AfDB) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual… Read more »
December 17, 2020
Madagascar: Madagascar - The African Development Bank Approves $43 Million Loan to Finance Second Phase of Power Transmission Project
The Board of Directors of the African Development Bank has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission and… Read more »
December 09, 2020
Africa: Regional Development Banks Heads Discuss Common Challenges, Opportunities to Build Back Better Post Covid-19
Heads of four regional development banks (RDBs) meeting virtually on Tuesday reaffirmed their commitment to working together to build back better in the wake of the COVID-19… Read more »
December 05, 2020
Nigeria: Remarks of Dr. Akinwumi A. Adesina, President of the African Development Bank, at the 2020 Chartered Institute of Bankers of Nigeria (CIBN) Fellowship Investiture
Your Excellency, Governor Gboyega Oyetola of Osun State, Mr. Ernest Ebi, Chairman of the occasion, Mr. Bayo Olugbemi, FCIB, the President and Chairman of the Council of the… Read more »
December 01, 2020
Africa: African Development Bank Receives Coveted Stevie Award During Virtual Ceremony
The African Development Bank has taken home two coveted prizes at the 17th Annual International Business Awards in recognition of the institution's 2019 Annual Report. Read more »
November 14, 2020
Africa: Moody's Investor Service Affirms African Development Bank's Aaa Credit Rating
Moody's Investor Service has affirmed the African Development Bank's AAA credit rating, with a stable outlook. Read more »
October 13, 2020
Africa: Appointments in the Cabinet of African Development Bank President Akinwumi Adesina
The African Development Bank Group is pleased to announce the appointment of Ms. Yacine FAL Director General, Cabinet Office of the President, effective 1st November 2020. Read more »
September 22, 2020
South Sudan: African Development Bank Covid-19 Response Grant Is Saving Lives in South Sudan
A $4 million COVID-19 response grant from the African Development Bank has boosted South Sudan's capacity to respond to the health crisis created by the pandemic. Read more »
August 03, 2020
Angola: African Development Bank presents findings of the Angola Green Mini-Grid Market Assessment
The African Development Bank hosted a webinar to present the findings and recommendations of the Angola Green Mini-Grid Market Assessment report, implemented through the… Read more »
Africa: Communique of the bureau of the Boards of Governors of the African Development Bank group
COMMUNIQUE OF THE BUREAU OF THE BOARDS OF GOVERNORS OF THE AFRICAN DEVELOPMENT BANK GROUP ON THE REPORT OF THE HIGH-LEVEL PANEL FOR THE INDEPENDENT REVIEW OF THE REPORT OF THE… Read more »
July 24, 2020
Somalia: African Development Bank Grants of $25 Million Will Bolster Budget for Covid-19 Responses
The African Development Bank today approved grants worth $25.1 million to Somalia to bolster the national budget for government efforts to mitigate national and regional impacts of… Read more »
July 21, 2020
Ghana: In Ghana, African Development Bank-Funded Training Builds Skills for the Economy of the Future - Report
A six-year project to develop industrial skills among Ghana's workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and… Read more »
July 13, 2020
Africa: African Development Bank Group Appoints Dr. Rabah Arezki As Chief Economist and Vice President, Economic Governance and Knowledge Management
The African Development Bank Group is pleased to announce the appointment of Dr Rabah Arezki as Chief Economist and Vice President, Economic Governance and Knowledge… Read more »
July 04, 2020
Africa: Appointment of Acting Vice President Agriculture, Human and Social Development, African Development Bank Group - Wambui Gichuri
The African Development Bank Group is pleased to announce the appointment of Wambui Gichuri as Acting Vice President- Agriculture, Human and Social Development, effective 5 July… Read more »
July 03, 2020
Africa: African Development Bank Concludes R2 Billion Investment in Nedbank SDG-Linked Bonds
The African Development Bank Group has concluded the investment of R2 billion (around $116 million) in Sustainable Development Goals-linked bonds (SDG bonds) issued by Nedbank… Read more »
June 25, 2020
Africa: African Development Fund Approves COVID-19 Response Grants for Six Southern African Countries and São Tomé & Príncipe
The Board of Directors of the African Development Fund on Tuesday approved nearly $8.9 million in grant funding to bolster COVID-19-related control measures in six Southern African… Read more »
June 22, 2020
Africa: African Development Bank's Rating Affirmed by S&P
The rating agency positively assessed the Bank's very strong financial risk profile, very strong capital adequacy, strong funding and liquidity, extraordinary shareholder… Read more »
June 10, 2020
Africa: Vice-President Jennifer Blanke bids farewell to the African Development Bank
Blanke joined the Bank in early 2017 and has overseen a number of the Bank’s key programs 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 »