December 23, 2019
Tanzania: African Development Bank's $55 Million Facility to Jumpstart Private Sector-Led Economic Growth
The African Development Bank has approved a $55 million facility to strengthen implementation of reforms to enhance Tanzania's economic competitiveness and private sector… Read more »
Africa: Ecowas Endorses Adesina for Second Term As President of the African Development Bank
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the helm of the… Read more »
Africa: 'Let West Africa's Success Echo Throughout the World.' Ecowas Hails the Success of African Development Bank Investments in the Region
The African Development Bank's investments in West Africa are yielding remarkable results, the President of the Economic Community of West African States (ECOWAS), Jean-Claude… Read more »
Africa: Global Gender Summit 2019 - Climate Investment Funds Can Cushion Women From Adverse Effects of Climate Change
Gender-sensitive climate action can help reduce women's vulnerability to climate change, according to experts. Read more »
Africa: Sudan - African Development Bank Approves $21.783 Million Grant for Roll Out of Solar-Powered Irrigation
The African Development Bank's Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country's West… Read more »
December 20, 2019
Africa: Looking Back At 2019 - Key Moments
The year 2019 was a year of exciting firsts for the African Development Bank Group. The year was marked by innovation and several new milestones that brought us closer to the… Read more »
Africa: Getting Onboard - A New Highway Along the Nigeria-Cameroon Border Is Helping Women Commuters and Villagers All Around
Women commuters along the Nigeria-Cameroon border are breathing a sigh of relief. Read more »
December 19, 2019
Africa: African Development Bank Lends $272 Million for Construction of Msalato International Airport
The Board of Directors of the African Development Bank has approved a $272.12 million loan to Tanzania for the construction of a new international airport in the capital Dodoma. Read more »
Sudan: African Development Bank Approves $60 Million Loan to Support Elnefeidi Group's Agricultural Expansion
The African Development Bank's Board of Directors has approved a $60m loan to Elnefeidi Group Holding Company to help finance its long-term agriculture and food expansion… Read more »
December 18, 2019
Africa: Multilateral Development Banks Pledge to Step Up Support for Forcibly Displaced Populations At Global Refugee Forum
Multilateral Development Banks (MDBs) are stepping up their support for refugees and people affected by forced displacement, including hosting communities, across a wide range of… Read more »
Africa: Cop 25 - After Renewable Energy, What Else Can Salvage Climate Change? African Development Bank Presents Update On Adaptation Benefits Mechanism
Three decades ago, renewable energy was considered too futuristic. The idea of plugging a car into a wall socket was unthinkable. Read more »
December 17, 2019
Madagascar: African Development Bank Approves Guarantee of $100 Million to Hydro-Power Project, to Benefit Over 2 Million People
The Board of Directors of the African Development Bank has approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar, which… Read more »
Burundi: African Development Bank's Sefa Grants $1 Million to Support Innovative Solar-Hydro Hybrid Project
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in… Read more »
Egypt: African Development Bank Board Approves €109 Million to Transform Sewage Coverage in Upper Egypt Rural Areas
The Board of Directors of the African Development Bank has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants for rural… Read more »
December 16, 2019
Cape Verde: African Development Bank Commits €20 Million to Boost Private Sector Competitiveness in Cabo Verde
The African Development Bank's Board of Directors today approved a €20 million loan to strengthen the private sector's role in Cabo Verde's economic growth. Read more »
Africa: Cop 25 - African Development Bank Urges African Nations to Persist With Climate Change Ambitions As Marathon Talks End in Madrid
The African Development Bank has urged the continent's nations to stay the course on climate action, after a marathon session of talks at the twenty-fifth Conference of Parties to… Read more »
Africa: African Development Bank Approves $5 Million Grant to Scale Up Tony Elumelu Entrepreneurship Programme
The Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its outreach… Read more »
December 13, 2019
Africa: African Development Bank Joins Forces With International Organisations to Help Developing Countries Build Resilience to Extreme Weather
The African Development Bank has joined forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters… Read more »
Tanzania: Kenya & Tanzania - Over 3 Million People to Benefit From African Development Bank's €345 Million Road Construction Support
Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank's… Read more »
Africa: Cop 25 - African Islands Want Their Place in the Sun As They Grapple With Climate Change
Africa's small island states are bearing the brunt of climate change, even though technology exists to prevent the worst impacts of extreme weather. Read more »
December 16, 2019
Africa: Cop 25 - Africa Pushes for Special Consideration in Madrid Climate Talks
As terrible floods inundate their country, close to 100 Kenyan delegates have convened in Madrid, Spain, along with thousands of global leaders, for the COP 25 climate conference. Read more »
December 13, 2019
Nigeria: African Development Bank Approves $124.2 Million Loan for Water Sector Reforms in Akure to Improve Access to Safe Drinking Water and Sanitation
The Board of Directors of the African Development Bank on Thursday approved a $ 124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation… Read more »
Africa: African Development Bank's Digital Skills Training Benefits Women
After graduating from the University of Ibadan in Nigeria with a degree in Communication and Language Arts in 2016, Olashile Odetola could not find a job. Read more »
Africa: African Development Bank Commits €20 Million to Boost Private Sector Competitiveness in Cape Verde
The African Development Bank's Board of Directors today approved a €20 million loan to strengthen the private sector's role in Cape Verde's economic growth. Read more »
December 12, 2019
Africa: African Development Bank Validates Regional Power Acceleration Programme, to Boost Bankability of Regional Power Projects
The African Development Bank has validated a study report on enhancing regional and sub-regional power projects to enhance energy access and integration across the continent. Read more »