May 20
Africa: African Development Bank's Adesina Highlights Africa As the World's Best Investment Destination At Badea's 50th Anniversary
Africa's human, land, mineral resource and cross-border trade endowments combine to make it the world's most promising investment destination, now and well into the future, African… Read more »
May 16
Africa: African Development Bank Launches Inaugural Eur 500 Million 2.875 Percent Short 4-Year Green Benchmark Due March 2028
On Wednesday 15 May 2024, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully launched and priced an inaugural EUR 500 million short… Read more »
Africa: African Development Bank Group to Launch 2024 African Economic Outlook
What: Launch of 2024 African Economic Outlook report Read more »
May 15
Africa: Annual Meetings 2024 / Old Debt Resolution for African Countries - The Cornerstone of Reforming the Global Financial Architecture
When African Development Bank Group member states meet from 27 to 31 May in Nairobi, Kenya for the 2024 Annual Meetings, the question of African debt will be one of the key… Read more »
Zimbabwe: Zimbabwe - African Development Bank's $15 Million Trade Finance Package for First Capital Bank to Support SMEs and Local Enterprises
The Board of Directors of the African Development Bank Group has approved a $15 million trade finance package for First Capital Bank (FCB) in Zimbabwe to help bolster intra-African… Read more »
Africa: African Development Bank and Interamerican Development Bank Welcome International Monetary Fund's (IMF) Executive Board's Decision Approving Use of Sdrs for Hybrid Capital Instruments
The African Development Bank Group (AfDB) and the Inter-American Development Bank (IDB) today welcomed the announcement by the International Monetary Fund's Executive Board… Read more »
Africa: African Development Bank to Host Virtual Webinar to Help CSOs Access Africa Climate Change Fund
What? Training workshop to provide information and training to civil society organisations on the Africa Climate Change Fund's procedures and the funding application process Read more »
Africa: African Development Bank Commits $2 Billion As It Leads the Way At Landmark Summit for Access to Clean Cooking in Africa
The African Development Bank Group pledged $2 billion over 10 years towards clean cooking solutions in Africa--a major step along the road to saving the lives of 600,000 mainly… Read more »
May 10
Central African Republic: Central African Republic - African Development Bank and Civil Society Commit to Inclusive, Sustainable Development
The African Development Bank Group and civil society in the Central African Republic have committed to working together for inclusive sustainable development in the country. This… Read more »
Africa: African Development Bank and Stockholm International Peace Research Institute Partner to Advance Evidence-Based Conflict Prevention and Resilience Building in Africa
On the sidelines of the 2024 Stockholm Forum on Peace and Development, the African Development Bank and the Stockholm International Peace Research Institute (SIPRI) have signed a… Read more »
Madagascar: Madagascar - Mid-Term Review of African Development Bank Country Strategy Paper 2022-2026 Highlights Positive Results
The government of Madagascar and the African Development Bank have agreed to consolidate the mid-term results of the Country Strategy Paper 2022-2026 and to maintain its strategic… Read more »
May 12
Kenya: President William Ruto Advocates for $25 Billion Replenishment of African Development Fund, Highlights Impact On Kenya's Development
Kenya's President William Ruto has intensified his campaign for a substantial replenishment of the African Development Fund, underscoring the transformative impact of the… Read more »
May 10
Africa: Paris Summit Aims to Secure Commitments Toward $4b Needed to Close Clean Cooking Funding Gap for African Women
Development partners gathering in Paris on 14 May are expected to pledge towards the $4 billion needed to provide clean cooking access for 250 million African women by 2030. Read more »
May 08
Malawi: Propelling Growth - African Development Fund's Tourism Project Revitalizes Malawi's Economy
Implemented in Malawi from 2018-2023, the Promoting Investment and Competitiveness in the Tourism Sector Project has significantly bolstered investment in the tourism sector,… Read more »
May 03
Morocco: In Zagora, Access to an Abundant Supply of Blue Gold Is Boosting Tourism
To the south of the Atlas Mountains in Morocco, the Draa river winds through lush palm groves before disappearing into the dunes of the Sahara Desert. The valley of the Kingdom's… Read more »
May 10
Africa: African Development Bank Group President Calls for Media Transformation to Uplift Africa's Global Narrative
The President of the African Development Bank Group, Dr Akinwumi Adesina, delivered an impassioned plea for more balanced media coverage of Africa and its development, noting it… Read more »
Africa: African Development Bank Proposes Annual Africa Media Prize to Promote More Balanced Reporting of Continent and Its Achievements
Dr Akinwumi Adesina, the president of the African Development Bank Group, announced the creation of an Annual Africa Media Prize to recognise and profile African journalists,… Read more »
May 08
Africa: Empowering Africa's Circular Economy Transition to Secure a Global Future
In the face of the triple crisis of climate change, pollution, and biodiversity loss, Africa finds itself at a pivotal moment. As it seeks to advance towards a green and… Read more »
May 07
Africa: African Development Bank Advocates for Agritech Scaling, Partnerships and Affordable Fertilizer Access At Africa Fertilizer and Soil Health Summit
This week, the African Development Bank Group will leverage its deep expertise and convening power to highlight the crucial role of agricultural technologies, fertilizer and… Read more »
Africa: Inclusive and Transparent Land Governance Practices for Building Effective Land Administration Institutions Amid the Changing Climate and Strengthening Land Rights in the Continent
What: World Bank Land Conference's side event Read more »
May 06
Africa: Second Edition of the Innovate Africa Symposium - Strengthening Data Governance in the African Data Ecosystem
What: Second Edition of the Innovate Africa Symposium: Strengthening Data Governance in the African Data Ecosystem Read more »
Africa: Annual Meetings 2024 - Reforming the Global Financial Architecture to Free Up Financing for Kenya and in Africa Overall
"Today, Africa has $640 billion in outstanding debt and pays nearly $70 billion in interest every year. It would only be fair for us to have a financing mechanism that treats us on… Read more »
May 03
Mali: Mali's CIF-Funded Investment Plan - A Beacon of Hope for Renewable Energy
Like most West African countries, Mali relies heavily on fossil fuels but has significant potential in solar and wind energy. Mali's strategy is oriented towards fostering the… Read more »
Cameroon: Cameroon - The Majestic Obala Interchange Eases Outbound Traffic Flows to the West of Yaoundé
From building roads and bridges to supporting the shipbuilding sector, the African Development Bank Group is supporting Cameroon to complete major transformational projects in… Read more »
Africa: Fostering Inclusive Growth - African Development Bank and Invest in Africa Unveil Microgreen Project to Empower Marginalized Groups
The African Development Bank and Invest in Africa have jointly launched the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana… Read more »