June 06, 2018
Africa: African Development Bank Launches Coding for Employment Program
The African Development Bank, together with partners - The Rockefeller Foundation, Microsoft and Facebook - launched the Coding for Employment Program at the African Innovation… Read more »
June 05, 2018
Mozambique: Bank Helping to Deliver Electricity More Effectively in Mozambique
The Mozambican Government seeks to provide universal access to electricity for economic development. To that end, the Electricity IV project was co-financed by the African… Read more »
June 04, 2018
São Tomé and Príncipe: African Development Bank President in São Tomé and Príncipe to Strengthen Alliances
The first President of the African Development Bank group to set foot on São Tomé and Príncipe, Akinwumi Adesina has arrived in the country for a five-day… Read more »
Africa: World Environment Day - Collective Action Must Be Taken to Beat Plastic Pollution in Africa
On the occasion of World Environment Day, June 5, and World Oceans Day, June 8, the African Development Bank is calling for collective action to reduce the pressing environmental… Read more »
Africa: From the Scourge of Plastic Waste Pollution in Africa to Value Addition and Improved Livelihoods
The theme for World Environment Day celebrations in 2018 is "Beat Plastic Pollution." There has been a big focus on the devastating impacts of plastic waste (particularly… Read more »
Africa: Innovative Approaches to Financing Climate Adaptation
During this year's Innovation4Climate meeting in Germany, focused on "Adaptation metrics for innovative results-based adaptation and resilience finance," the African Development… Read more »
June 01, 2018
Africa: African Development Bank Encourages Japanese Private Sector to Invest in Agribusiness in Africa
The African Development Bank held a seminar focusing on agribusiness on May 29, n2018 in Tokyo, Japan. This was the first joint event with Sasakawa Africa Association, following… Read more »
May 31, 2018
Africa: Ten-Year CAD 60-Million "Feed Africa" Bond Issued By the African Development Bank
The AAA-rated African Development Bank (Moody's/S&P/Fitch/Japan Credit Rating Agency), issued its second "Feed Africa" bond for CAD 60 million, sold to Japan Post Insurance… Read more »
May 30, 2018
Somalia: Italy Ramps Up Support for Somalia's Infrastructure, Contributes €1 Million to Somalia Infrastructure Fund
The African Development Bank, on May 28, 2018 in Mogadishu, participated in a signing ceremony that occasioned Italy's contribution of €1 million to the Somalia Infrastructure… Read more »
May 28, 2018
Africa: Young Laureates of "The Africa of My Dreams" Essay Contest Light Up Africa Day
On Friday, May 25, 2018, the last day of the African Development Bank Annual Meetings, which were held this year in Busan, Korea, the Bank celebrated Africa Day, which commemorates… Read more »
June 02, 2018
Africa: African Development Bank, Green Climate Fund and Africa 50 Support Desert to Power Programme
The African Development Bank, the Green Climate Fund (GCF) and the Africa50 investment fund signed a letter of intent to collaborate on the Desert to Power programme on the… Read more »
May 28, 2018
Africa: African Development Bank Annual Meetings 2018
Young Laureates of "The Africa of my Dreams" essay contest light up Africa Day Read more »
May 25, 2018
Mali: Board Approves Independent Review Mechanism's Recommendations and the Management Action Plan for Modern Mills Project in Mali
On April 26, 2018, the Board of Directors of the African Development Bank Group approved compliance recommendations of the Independent Review Mechanism (IRM) on the… Read more »
May 24, 2018
Africa: Integrity in Development Projects - African Development Bank and Sinohydro Reach Settlement Agreement On Fraudulent Practice
Sinohydro Corporation agrees to a comprehensive verification of its compliance program by the African Development Bank following the detection of a fraudulent practice in tendering… Read more »
May 22, 2018
Africa: The African Development Bank Issues Eur 1.25 Billion 0.875 Percent 10-Year Social Bond Due 24 May 2028
On Wednesday, 16th May 2018, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA by Moody's / S&P / Fitch (with stable outlook) successfully priced a EUR 1.25 billion… Read more »
May 23, 2018
Africa: African Legal Support Facility Governing Council and Management Board Meets in Busan
The African Legal Support Facility (ALSF) held its 25th Management Board and 9th Governing Council meetings on 20 and 21 May 2018 respectively, on the margins of the 2018 African… Read more »
Africa: Korea Announces $5-Billion Financial Package for Africa At African Development Bank Annual Meetings
The Government of Korea and the African Development Bank have issued a Joint Declaration following the conclusion of the Ministerial Roundtable of the Korea-Africa Economic… Read more »
May 22, 2018
Africa: Private Sector Liaison Officers' Network and DFIs Share Ideas On Climate Smart Agriculture
The Private Sector Liaison Officers' Network (PSLO) organized a Climate Smart Agriculture mission in Abidjan, Cote d'Ivoire,13-17 May 2018. During the four-day program, prominent… Read more »
Africa: African Development Bank Issues Eur 1.25 Billion 0.875 Percent 10-Year Social Bond Due 24 May 2028
On Wednesday, 16th May 2018, the African Development Bank, rated Aaa/AAA/AAA by Moody's / S&P / Fitch (with stable outlook) successfully priced a EUR 1.25 billion 10-year… Read more »
Africa: African Development Bank Launches New Civil Society Committee
Focusing on "Engaging Civil Society to Accelerate Africa's Industrialization" the 2018 Civil Society Forum organized by the African Development Bank in Abidjan explored how to… Read more »
Africa: "Put African Interests First" Say African Natural Resources Experts
The African Natural Resources Centre of the African Development Bank recently convened an expert group meeting of gold and timber professionals from across the continent. Meeting… Read more »
May 21, 2018
Africa: Alsf Co-Organizes Regional Workshop On Negotiating Fishing Agreements and Concession
Illegal, Unregulated, and Unreported (IUU) fishing represents US$ 1.2 billion loss in revenue for West African countries alone. Some of this loss is due to inadequate governance in… Read more »
May 17, 2018
Africa: African Development Bank Approves U.S.$100 Million for Expansion of Fertilizer Production
The African Development Bank has approved US$100 million senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals Limited, to support the company's plans to double… Read more »
May 16, 2018
Africa: EUR 200 Million to Develop Morocco's Agricultural Value Chains and Reinforce Sustainable Job Creation
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable Development of Agricultural Value Chains in Morocco. Read more »
May 17, 2018
Africa: Bank Group Organizes a Workshop for Sharing Best Practices in Somalia's Electricity Industry
The African Development Bank and the Federal Government of Somalia concluded a two-day (26-27 April 2018) consultation and knowledge-sharing workshop on "Regulating the Somalia… Read more »