January 29, 2020
Mali: African Development Bank Support Improves Livelihood of Rural Youth
Momou Dembélé, 30, is a qualified electrician. Married with two children, she left her hometown of Kimparana, where she trained, for Ségou in central Mali. Read more »
Egypt: African Development Bank Approves $22 Million to Expand Leasing Financing to Corporates and SMEs
The Board of Directors of the African Development Bank on Wednesday approved a $22 million Senior Loan to help Egypt's Corporate Leasing Company (Corplease) expand its operations… Read more »
January 28, 2020
Africa: Africa Fertilizer Financing Mechanism Governing Council Calls for More Investments in Africa's Fertilizer Value Chain
The Africa Fertilizer Financing Mechanism's Governing Council closed its eighth meeting with a call for increased investment to boost agricultural yields and build the industry… Read more »
Africa: The United Kingdom Reaffirms Its Commitment to Africa's Economic Transformation
The United Kingdom is the top donor to the African Development Fund (ADF), the Bank's concessional lending arm for its next three-year cycle, ADF-15 (2020 - 2022), a position it… Read more »
January 27, 2020
Chad: The African Development Bank Quenches the Thirst of Residents With Clean Drinking Water
Izerik Moussa Idriss is a plumber in Kélo, a city in southern Chad. Today, when he hops onto his moped, he can go about his work knowing that at the end of the day he won't… Read more »
Africa: African Development Bank Hosts Talks With ICRC On Making an Impact Through Collaboration
The African Development Bank held talks with International Committee of the Red Cross (ICRC) Vice-President Gilles Carbonnier at the Bank's headquarters in Abidjan on furthering… Read more »
January 23, 2020
Africa: The Third Review of the Independent Review Mechanism Launched
The third review of the Independent Review Mechanism (IRM) of the African Development Bank Group started in December 2019 and will run until January 2021. An international and… Read more »
Africa: African Development Bank President Akinwumi Adesina Opens Trading On London Stock Exchange
"My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement." - African Development Bank President Akinwumi Adesina Read more »
Zimbabwe: African Development Bank Group Approves Grant for Disaster Risk Management Training
The Board of the African Development Fund (ADF) on Wednesday approved a $685,000 grant to strengthen Zimbabwe's capacity to manage disaster risks, including droughts, floods and… Read more »
January 21, 2020
Africa: Ride the Wave of the African Continental Free Trade Area, African Development Bank President Adesina Urges UK Investors
Africa is on the cusp of unmatched economic transformation, and the UK must engage in a "partnership of change," African Development Bank President Akinwumi Adesina said Tuesday in… Read more »
Africa: ACCF Grants U.S$4.7 Million to Support Projects in African Countries
The Africa Climate Change Fund (ACCF) recently approved seven new project proposals amounting to around $4.7 million. Read more »
January 20, 2020
Africa: British Prime Minister, African Leaders Urge Investors to Accelerate Economic Role On the Continent
UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at a high-level panel. Read more »
January 16, 2020
Africa: Nso Policy Interviews - Victoria Chisala
5 Questions to Victoria Chisala, Acting Director of the Policy and Strategy Department's on the African Development Bank's Non-Sovereign Operations policy.* Read more »
January 17, 2020
Africa: African Development Bank's Akinwumi Adesina Heads to UK-Africa Investment Summit
New opportunities for bi-lateral trade and increasing UK investor appetite in Africa will be the main focus of the UK-Africa summit, convened by Prime Minister Boris Johnson, on… Read more »
January 16, 2020
Togo: Trading Thrives As New Highway Financed By the African Development Bank Opens Up Northern Togo
Every Tuesday, Alemondji market in northern Togo swarms with people. Amid the throng, Burkinabe and Ghanaian traders offer clothes and kitchen utensils for sale. Others, calling… Read more »
São Tomé and Príncipe: The African Development Bank Signs €6 Million Grant for São Tomé and Principe
The African Development Bank on Wednesday signed a €6.18 million grant in budgetary support to the Democratic Republic of São Tomé and Principe. Read more »
January 15, 2020
Africa: African Development Bank Allocates €1.2 Million to Train Policymakers in Boosting Mining Revenues
First beneficiaries: Guinea, Liberia, Niger, Mali, Madagascar, South Sudan, Sierra Leone and Zimbabwe Read more »
Senegal: African Development Fund Board Approves $37.2 Million in Credit Risk Participations By the Private Sector Credit Enhancement Facility for Non-Sovereign Operations in Kenya, Sudan and Senegal
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on January 15, 2020, credit risk… Read more »
Africa: African Development Bank, UN and World Bank Launch 2019 Needs Assessment Report to Spur Economic Recovery
The African Development Bank, United Nations and World Bank Group recently launched the Zimbabwe 2019 Joint Needs Assessment Report. Read more »
January 13, 2020
Africa: African Development Bank Signs Five-Year Agreement to Use International Federation of Consulting Engineer (Fidic) Standard Contracts
The International Federation of Consulting Engineers (FIDIC) has secured a major agreement with the African Development Bank that will see the international funding organisation… Read more »
Africa: African Development Bank Unveils Policy On Non-Sovereign Operations
The African Development Bank Group on Monday organized a workshop to share its approach to private sector funding through its new policy on Non-Sovereign Operations (NSO Policy). Read more »
Africa: African Development Bank Approves €8 Million Technical Assistance Grant to Support Preparation of Ruzizi Iv Hydro Power Project in the Great Lakes Region
The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union's Africa Investment Platform (EU-AIP) to support the… Read more »
January 10, 2020
Africa: African Development Bank Sponsored Off-Grid Energy Access Fund Reaches Final Equity Close With Partner Contributions
The Facility for Energy Inclusion's Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital and $36 million debt… Read more »
January 07, 2020
Africa: African Development Bank Approves $20 Million Investment in Metier Fund to Support Renewable Energy in Sub-Saharan Africa
The Board of Directors of the African Development Bank has approved a $20 million investment in the Metier Sustainable Capital International Fund II, which channels funds to… Read more »
December 23, 2019
Africa: Funding Options for African Countries Hit By Climate Change - Africa Climate Change Fund Shows Results
The debate around climate change often focuses on the targets that need to be achieved. Read more »