July 29, 2019
Lesotho: African Development Bank Concludes Dialogue With Lesotho On New Country Strategy
Abidjan (Côte d'Ivoire), 29th July 2019: An African Development Bank delegation has concluded a dialogue with representatives of the Kingdom of Lesotho to prepare for the… Read more »
July 26, 2019
Africa: Tripartite Signing Ceremony of the African Development Bank-Funded Project
The African Development Bank has extended a $3 million grant from the Transition Support Facility (TSF) to the Republic of The Gambia for sustainable urban development of the… Read more »
Africa: Liberia President George Weah Moots New Agricultural Bank to Revolutionise Economy
Monrovia, Liberia, 26 July 2019 : Liberian President George Weah has supported calls for agriculture to play a larger role in his country's economy. Read more »
Nigeria: Africa's Leaders, Business Champions in Abuja to Chart a New Course for the Continent's Youth
Some of Africa's most prominent leaders in business, politics and development are gathering this weekend to chart a course for the continent's youth. Read more »
Africa: African Development Bank Helps to Modernise South Sudan's Financial Systems
The African Development Bank Board on 17th July 2019 approved $6.6 million funding to finance South Sudan's payment and settlement systems integration project. The project is… Read more »
Africa: Liberia President George Weah Moots New Agricultural Bank to Revolutionise Economy
Monrovia, Liberia, 26 July 2019: Liberian President George Weah has supported calls for agriculture to play a larger role in his country's economy. Read more »
July 27, 2019
Africa: African Development Bank President Adesina Tells African Business Community to Put Capital On the Line for the Young People of Africa
President Adesina of the African Development Bank today, 27th July 2019, delivered a clarion call to global investors, political leaders and the business community "to put capital… Read more »
July 25, 2019
Africa: African Development Bank welcomes Fitch's affirmation of AAA Rating: Driven by extraordinary shareholder support
The Fitch rating, of the African Development Bank, published 24th July in London, is affirmed as AAA, with a stable outlook, on improved assessments, qualifications and estimates.… Read more »
July 24, 2019
Egypt: Integrating Africa's financial markets - African Development Bank and Egypt's Stock Exchange hold investor roundtable for the African Domestic Bond Fund
The Egyptian Exchange (EGX) and the African Development Bank have jointly organised an investor roundtable in Cairo to promote the African Domestic Bond Fund (ADBF), set up to… Read more »
Guinea: Bank's new Conakry office is "a crucial step in the cooperation between the Republic of Guinea and the African Development Bank."
On Tuesday, 23 July 2019 in Conakry, Guinean Head of State Alpha Condé and President of the African Development Bank Group Dr. Akinwumi A. Adesina officially opened the new… Read more »
July 23, 2019
Africa: African Development Bank unveils new digital platform for Africa Investment Forum
The African Investment Forum's new digital platform will connect project sponsors with investment opportunities in Africa, vastly improving the quality of project information and… Read more »
July 22, 2019
East Africa: Bank approves $300m to boost trade and regional economic development in COMESA
Abidjan, Cote d'Ivoire, 22 July, 2019 -The African Development Bank re-affirmed its intention to boost economic and regional development on the African continent when its Board of… Read more »
July 18, 2019
Senegal: African Development Bank lends €60 million to develop value chains through improving water supply
On Wednesday 17 July in Abidjan, the Board of Directors of the African Development Bank approved a loan of €87 million to the government of Senegal, to implement its Project… Read more »
July 16, 2019
Africa: Ethics network unanimously nominates African Development Bank to chair its 2020 conference
The Ethics Office of the African Development Bank has been nominated to chair the 12th conference of the Ethics Network of Multilateral Organisations (ENMO) next year, to be hosted… Read more »
July 11, 2019
Africa: Green Climate Fund Announces $20m for African Development Bank's Affirmative Finance Action for Women in Africa's Climate Resilience Project in Ghana
The Green Climate Fund has announced a $20 million grant to the African Development Bank's Affirmative Finance Action for Women in Africa (AFAWA) program for a climate action… Read more »
July 12, 2019
Mali: Board Approves Independent Review Mechanism's Recommendations of the First Monitoring Report On Modern Mills of Mali (M3) Project
On 10 July 2019, the Board of Directors of the African Development Bank Group approved recommendations of the first monitoring report of the Independent Review Mechanism (IRM) on… Read more »
Africa: African Development Bank Approves New Financing Program for Energy Providers, 4.5 Mln People in Sub-Saharan Africa to Benefit From Off-Grid Power By 2025
Abidjan, Côte d'Ivoire, July 12, 2019 - The Board of Directors of the African Development Bank Group has approved an innovative multinational financing program for… Read more »
July 15, 2019
Angola: Angola, African Development Bank and Portugal Sign Lusophone country-specific compact to fast-track private sector investment
L to R: H.E. Teresa Ribeiro, Secretary of State for Foreign Affairs and Cooperation, Alternate Governor for Portugal, Hon. Pedro Luís da Fonseca, Minister of Economy and… Read more »
Africa: African Development Bank, African Institute for Mathematical Sciences Next Einstein Initiative sign MOU to strengthen capacity in mathematics and science across the continent
The African Development Bank and the African Institute for Mathematical Sciences Next Einstein Initiative (AIMS-NEI), signed a Memorandum of Understanding on Monday to strengthen… Read more »
Africa: African Development Bank, Global Mechanism of the United Nations Convention to Combat Desertification join forces to strengthen capacity in climate change and land degradation
The African Development Bank and the Global Mechanism of the United Nations Convention to Combat Desertification (GM/UNCCD), in partnership with UN Women, are joining forces to… Read more »
Africa: Call for Abstracts - 6th International Symposium on Knowledge and Capacity for the Water Sector
ABIDJAN, Cote d'Ivoire 15 July 2019 - The African Development Bank is joining the IHE Delft Institute for Water Education, the Asian Development Bank, UN Habitat and other… Read more »
July 16, 2019
Africa: African Development Bank Debars Lutoyilex Construct Ltd. and its Managing Director for 36 Months, for Fraudulent Practice
ABIDJAN, Côte d'Ivoire 16 July 2019 - The African Development Bank Group on 16 July 2019, announces the debarment of Lutoyilex Construct Limited, a construction company… Read more »
July 11, 2019
South Africa: Standard Chartered Hosts Regional Correspondent Banking Academy in Collaboration With the African Development Bank
"The African Development Bank has a goal to promote sustainable and inclusive economic growth in Africa and will continue to work with strong and committed partners such as… Read more »
Africa: African Union Summit - Niger's President Calls for Strong Support to the Bank's General Capital Increase and African Development Fund's Replenishment
In his opening remarks at the plenary session of the Regional Economic Communities (RECs) meeting, in Niamey, the President of Niger, Mahamadou Issoufou, commended the African… Read more »
Africa: Africa Investment Forum 2019 - African Development Bank Delegation Presents Opportunities At Japan Roadshow
Abidjan, Côte d'Ivoire, 11 July, 2019 - Japanese companies and investors were presented with a range of investment opportunities in Africa as the African Investment Forum… Read more »