June 08, 2020
Africa: Integrity in Development Projects - The African Development Bank Debars Burmeister & Wain for Fraudulent and Corrupt Practices
Pursuant to a settlement agreement, the African Development Bank Group on 8 June 2020, announces the debarment of Burmeister & Wain Scandinavian Contractor, for a period of 21… Read more »
June 05, 2020
Nigeria: African Development Bank Approves New Five-Year Strategy for Nigeria
The Board of Directors of the African Development Bank has approved Nigeria's Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019… Read more »
Nigeria: African Development Bank Approves $288.5 Million for Nigeria COVID-19 Response Support Program
The Board of Directors of the African Development Bank on Friday approved a $288.5 million loan to help Nigeria tackle the COVID-19 pandemic and mitigate its impact on people and… Read more »
Africa: African Development Bank Approves New Five-Year Strategy for Nigeria Amidst COVID-19 Concerns
The Board of Directors of the African Development Bank has approved Nigeria's Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019… Read more »
June 04, 2020
Africa: Lawyering in Crisis - African Countries Among Innovation Leaders in the Fight Against COVID-19 Pandemic
African innovators have shown creativity and ingenuity in finding solutions to fight the COVID-19 pandemic, but face legal barriers to safeguarding their intellectual property. Read more »
Africa: International Cooperation Can Address COVID-19 Challenges, Says African Development Bank Vice President Khaled Sherif
Representatives of the private sector, capital markets, government and multilateral institutions took part on Wednesday in a UN virtual seminar to promote long term investment in… Read more »
Africa: Singer and Activist Youssou N'dour, Zambia's Minister of Health, African Development Bank Vice President Headline Call to Build African Solidarity Post-COVID-19
How can Africa build on the solidarity shown during the coronavirus pandemic to achieve the continent's development goals in the post-COVID world? Read more »
May 29, 2020
West Africa: COVID-19 - African Development Bank Mobilizes $22 Million for Low-Income Ecowas Countries
The African Development Bank's Board of Directors has approved an emergency project in support of three, low-income ECOWAS nations - Gambia, Mali and Niger - to bolster their… Read more »
June 03, 2020
Africa: African Equity Capital Markets Activity See Downward Turn, but Increase in Domestic Investors
Data presented from the PricewaterhouseCoopers (PwC) Nigeria 2019 African Capital Market Watch, which reviewed the performance of Africa's capital markets between 2010 and the… Read more »
Africa: How Fashion Entrepreneurs Can Conquer COVID-19
The African Development Bank's Fashionomics Africa initiative on Tuesday launched its first webinar series to discuss the impact of the COVID-19 pandemic on the industry. Read more »
June 01, 2020
Africa: Africa's Biodiversity Webinar Series - World Environment Day and World Oceans Day
What: Read more »
June 02, 2020
Africa: African Development Bank Reduces Poverty After a Decade of Transformative Action
For the past five decades, the African Development Bank Group has been at the forefront of driving Africa's economic transformation, leveraging its diverse resources and unique… Read more »
May 30, 2020
Senegal: AfDB Approves 88 Million Euros Emergency Budget Support for COVID-19 Response
The Board of Directors of the African Development Bank on Friday approved a loan of 88 million euros to Senegal, hit hard by the novel coronavirus pandemic, in support of the costs… Read more »
May 29, 2020
Africa: The "High 5s" - A Strategic Vision and Results That Are Transforming Africa
For the past ten years, Africa has recorded some of the world's strongest rates of economic growth. At the same time, many African economies continue to function at well below… Read more »
May 28, 2020
Cape Verde: African Development Bank Group Approves 30 Million Euros Loan to Fight COVID-19
The Board of Directors of the African Development Bank has extended a loan of €30 million to Cabo Verde to help the West African island nation fight the COVID-19 outbreak and… Read more »
May 27, 2020
Egypt: African Development Bank Approves Emergency Relief Aid to Tackle Food Insecurity for Vulnerable Workers Whose Livelihoods Are Impacted By COVID-19
The Board of Directors of the African Development Bank on 25 May, 2020 approved a $500,000 emergency assistance grant to Egypt to provide food relief, and to contribute to… Read more »
Africa: COVID-19 Presents Unique Opportunities to Speed Up Africa's Integration Agenda and Implementation of AfCFTA
The Africa Regional Integration Index (ARII 2019), a new report jointly launched by the African Development Bank, UN Economic Commission for Africa (UNECA) and the Africa Union… Read more »
May 22, 2020
Madagascar: Government of Madagascar Gets Euro 4 Million From African Development Fund for Sahofika Hydropower Project
The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar's 30 million euro equity investment in the… Read more »
Africa: Retool Annual Budgets Toward Agriculture Production and Expand Food Reserves, As COVID-19 Exacerbates Food Scarcity, Urges African Development Institute Seminar
African countries need to urgently expand food reserves, keep food supply flowing and boost their agriculture budgets to avert a possible hunger pandemic, partly caused by the… Read more »
Mauritius: African Development Bank Lends €188 Million for COVID-19 Fight
The African Development Bank has approved a €188 mllion euro loan to the Republic of Mauritius to finance a national budget support programme to respond to the COVID-19… Read more »
Kenya: €188m African Development Bank Loan to Boost COVID-19 Response
The Board of Directors of the African Development Bank today approved an €188 million loan to support the Government of Kenya's efforts to respond to the COVID-19 pandemic and… Read more »
Africa: Moving Decisions From 'Authorities to the Streets' - Webinar Explores How Civil Society Can Ensure Accountability Amid COVID-19
Billions of dollars have been allocated to fight the COVID-19 pandemic, but how can we ensure that the funds are used in the most effective way, with the necessary accountability? Read more »
May 25, 2020
Africa: Africa Day 2020 - The African Development Bank Is Making a Difference
This year's celebration of Africa Day - the annual commemoration of the 1963 founding of the African Union (AU) - is themed 'Silencing the Guns', to convey the AU Commission's… Read more »
Africa: Voices From the African Development Bank's Talking Heads On Africa Day, May 25, 2020
On Africa Day, we hear from the African Development Bank's senior management on the institution's priorities and how we are making a difference in the lives of millions of… Read more »
May 26, 2020
Africa: African Natural Resources Centre Unveils Publication to Advance Critical Land Policy Reforms
In response to challenges across Africa around land ownership and use, the African Natural Resources Centre (ANRC) of the African Development Bank is launching a series of articles… Read more »