December 05, 2018
Africa: Africa Investment Forum 2018 - Investing in Youth, a Must for Africa's Future
An Ivorian youth was among a select group who took centre stage on the final day of the Africa Investment Forum - to demonstrate their business acumen and to secure investment in… Read more »
December 04, 2018
Africa: AEC 2018 - Moving the Africa Free Trade Area Agreement Ahead With Quick Win Solutions
A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the accord,… Read more »
December 06, 2018
Africa: African Development Bank and Nigerian Government Launch Multimillion-Dollar Initiative to Support Recovery Efforts in Northeast
In collaboration with Nigeria's Presidential Committee on the North East Initiative, the African Development Bank is launching the Bank-financed Inclusive Basic Delivery and… Read more »
Africa: At Closing of the 2018 African Economic Conference, Economic Integration Is Seen As a Game-Changer for Achieving Inclusive Sustainable Development
Economic integration is a game-changing reality and African countries must fully embrace it to achieve sustainable and inclusive development that reduce poverty- and inequality in… Read more »
Nigeria: Vice President Osinbajo Launches African Development Bank-Funded U.S $258 Million Landmark Northeast Recovery Programme
"When the story of northeast's recovery is told, the work of the African Development Bank will occupy a well-merited and prominent chapter - Osinbajo Read more »
December 05, 2018
Africa: Cop24 Panel On Need to Prioritise Energy Efficiency in Africa
On Tuesday, the second day of the UN climate change conference (COP24) the African Development Bank held a session on energy efficiency in Africa in its Pavilion, where panellists… Read more »
December 06, 2018
Africa: Speech Delivered By President Akinwumi A. Adesina Joint Interactive Session With the Minister of Finance of Italy
Good morning everyone. Thank you Minister of Finance, Giovanni Tria, for inviting me to this special session with you this morning. Yesterday we had a great day at the Ministry of… Read more »
Malawi: African Development Bank U.S.$ 35 Million Loan to Boost Agriculture and Natural Resource Management
The African Development Bank has approved a US$ 35 million loan for the Shire Valley Transformation Program - Phase 1 (SVTP-1), aimed at reducing poverty through the development of… Read more »
December 07, 2018
Africa: Combating Deforestation - Optimizing the Implementation of the Redd+ Mechanism in Africa
A special session of the REDD+ mechanism was held in the Pavilion of the African Development Bank on the fourth day of COP24, 6 December 2018. Read more »
December 11, 2018
Africa: African Development Bank Team to Showcase Bank's Operations At Intra-African Trade Fair in Cairo, Egypt
A delegation from the African development Bank will participate in the Intra-African Trade Fair (IATF), which will hold in Cairo, 11-18 December 2018, as co-sponsor of the event. Read more »
December 06, 2018
Africa: A New Climate Action - Digital Decarbonization of the African Continent
The African continent is one of the regions most impacted by the effects of climate change, and least capable to deal with them. The Global South in general, and Africa in… Read more »
November 29, 2018
Africa: Cop24 - Progress On Article 6 of the Paris Agreement
The Paris Climate Agreement in 2015 was by far the most ambitious effort yet made to strengthen the global response to the increasingly urgent challenges of climate change, with… Read more »
Africa: African Development Bank Approves $100 Million Facility to Enhance Trade Financing Across Africa
The Board of Directors of the African Development Bank Group (the Bank), on Thursday, 29 November, 2018, approved a second unfunded $100-million Risk Participation Agreement (RPA… Read more »
Africa: African Development Bank Approves U.S. $50 Million Equity Investment in Africa Finance Corporation to Support Infrastructure Projects in Africa
The African Development Bank has approved an equity investment of US$50 million in Africa Finance Corporation (AFC) - a pan-African development finance institution established in… Read more »
December 11, 2018
Africa: 2011 Nobel Peace Prize Co-Laureate Leymah Roberta Gbowee to Speak On Grassroots Women's Activism At Kofi A. Annan Eminent Speakers' Lecture Series
The African Development Institute of the African Development Bank, as part of its Kofi A. Annan Eminent Speakers Lecture Series, will host Leymah Roberta Gbowee, a renowned peace… Read more »
December 03, 2018
Africa: Multilateral Development Banks (Mdbs) Announced a Joint Framework for Aligning Their Activities With the Goals of the Paris Agreement
Multilateral Development Banks (MDBs) today announced a joint framework for aligning their activities with the goals of the Paris Agreement, reinforcing their commitment to combat… Read more »
Africa: African Economic Conference 2018 Focusses On Africa Visa Openness and Integration
For millions of ordinary travellers, inter-African travel is still too often a nightmare. Be it border hassles, lack of road or air routes linking key cities, or the frustrations… Read more »
Africa: "Infrastructure Development Key to Accelerated Regional Integration," Says Negatu
Gabriel Negatu is the Director General for East Africa Regional Development and Business Delivery Office at the African Development Bank. Representing the Bank Group President at… Read more »
Southern Africa: Trade Finance - U.S.$20 Million Facility for Meridian's Soft Commodity Value-Chain Operations in Southern Africa
The African Development Bank (through its Trade Finance operations) has signed a US$20 million facility to finance Meridian's operations in Malawi, Mozambique and Zimbabwe. Read more »
Africa: African Development Bank Joins 'Moving for Climate Now' Initiative At Cop24
UN Framework Convention on Climate Change Deputy Executive Secretary, Ovais Sarmad, welcomes the cyclists from Moving for Climate NOW initiative. C.Arthur Wyns Read more »
Nigeria: The African Development Bank and Africa Growing Together Fund to Provide U.S.$ 200 Million in Joint Financing to Support the Nigeria Electrification Project
The Board of Directors of the African Development Bank Group has approved a US$150 million sovereign loan to the Federal Government of Nigeria to finance the Nigeria… Read more »
Africa: Importance of Regional and Continental Integration for Africa's Development
Africa's integration is no longer a matter of choice. Against an international backdrop of changing political and economic priorities, Africa must plot a new course for its… Read more »
Africa: Africa Economic Conference 2018 Focusses On Africa Visa Openness and Integration
For millions of ordinary travellers, inter-African travel is still too often a nightmare. Be it border hassles, lack of road or air routes linking key cities, or the frustrations… Read more »
December 02, 2018
Africa: Cop24 - The African Development Bank Out in Force to Defend the Continent's Interests and Vision in the Fight Against Climate Change
The 24th annual conference of the United Nations Convention on Climate Change, known as COP24, opens on Monday, 3 December 2018, in Katowice, Poland. Read more »
November 30, 2018
South Africa: African Development Bank Approves a Zar 3 Billion Loan to Bolster Renewable Energy in South Africa
The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to… Read more »