January 18, 2018
Nigeria: Address By His Excellency, Prof. Yemi Osinbajo, SAN, Vice-President, On Behalf of Muhammadu Buhari,
I am delighted to be here today, to celebrate with the African Development Bank the commissioning of its Nigeria Country Office Complex. This building here in Abuja is, among other… Read more »
Angola: Angola and the African Development Bank Sign U.S.$ 101 Million to Support Agricultural Value Chains Development in Cabinda Province
The African Development Bank is fully engaged in ensuring efficient and sustainable agricultural production projects in its regional member countries. This can drive economic… Read more »
January 17, 2018
Egypt: African Development Bank Approves U.S. $500-Million Third and Final Tranche Budget Support Loan for Governance Reforms in Egypt
The Board of Directors of the African Development Bank has approved a US $500-million loan to finance Egypt's Economic Governance and Energy Support Program Phase III. This is the… Read more »
Africa: 2018 African Economic Outlook - African Development Bank Makes a Compelling Case for Africa's Industrialization
The President of the African Development Bank, Akinwumi Adesina, has made a compelling case for accelerating Africa's industrialization in order to create jobs, reduce poverty and… Read more »
Africa: African Development Bank Governors From West and Central Africa Hold Fruitful Consultations With Senior Bank Management
West African Governors of the African Development Bank meet with African Development Bank Group President, Akinwumi Adesina, for regional consultations at the Bank's headquarters… Read more »
January 12, 2018
Africa: These Young Africans Dream of Becoming the Next Mandela, Nasser, Adesina, Wangari Maathai or Houphouët-Boigny
Invited to the headquarters of the African Development Bank to try their hand at leadership in a game setting, several dozen young people took part in the new board game Made in… Read more »
January 16, 2018
Nigeria: African Development Bank Inspires Nigerian School Children With 'Farming Is Cool' Competition
As part of its goal to see a generational shift in agriculture on the continent, the African Development Bank has taken its 'Farming is Cool' initiative to school children in… Read more »
Africa: African Development Bank Launches the 2018 Edition of the African Economic Outlook
Flagship report to highlight state of socio-economic performance, outlook and progress in 54 African countries Read more »
Africa: First Meeting By High Level Panel On International Migration in Africa
The first meeting of the High Level Panel on International Migration in Africa (HLPM) highlighted regional migration priorities and actionable commitments that will lead to the… Read more »
Liberia: Akinwumi Adesina Receives Accolade of Highest Honour of the Republic of Liberia
Akinwumi Adesina, President of the African Development Bank Group (AfDB), on Monday, January 16, received the Order of the Star of Africa with the Grade of Grand Band of the… Read more »
Africa: Integrity in Development Projects
The African Development Bank Group (AfDB), on 16 January 2018, announced the conclusion of a settlement agreement with GH Management Consultants and its managing partner, Mr.… Read more »
January 14, 2018
Nigeria: Nigeria Consolidates Position As African Development Bank's Largest Shareholder
Nigeria's President Buhari to commission Bank's new historic country building Read more »
Africa: African Development Bank President to Participate in High-Level Panel On International Migration in Africa
Adesina to receive Liberia's highest national award Read more »
January 10, 2018
Rwanda: Martha Phiri, Bank Group's Country Manager to Rwanda, Presents Her Letters of Accreditation
The African Development Bank Group's newly appointed Country Manager to Rwanda, Martha Phiri, on January 8, 2018, presented her Letters of Accreditation to Olivier J.P.… Read more »
January 04, 2018
Africa: African Development Bank, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital Partner in Us $55-Million Investment Into Off-Grid Energy Access Fund
On December 15, the African Development Bank's Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund ("FEI OGEF"). This… Read more »
Africa: AfDB, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital Partner in Us $55-Million Investment Into Off-Grid Energy Access Fund
On December 15, the African Development Bank's Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund ("FEI OGEF"). This… Read more »
December 28, 2017
Africa: African Development Bank Board Approves Third Sovereign Lending Instrument
The Board of Directors of the African Development Bank Group (AfDB) approved the Bank's third sovereign lending instrument called the Results-Based Financing (RBF) Policy. RBF will… Read more »
December 26, 2017
Africa: France Signs Landmark Us $ 253 Million Loan Agreement to Boost African Development Fund
The African Development Fund (ADF) has signed a significant concessional donor loan agreement with the Government of France to the tune of $ 253 million as support for the 14th… Read more »
December 28, 2017
Africa: African Development Bank achieves 100% investment in green energy Projects in 2017
Commits to 100% climate screening for all Bank financed projects Read more »
December 22, 2017
Africa: Third Africa Forum On STI
The third edition of the Africa Forum on Science, Technology and Innovation ("Africa STI Forum") will be held from February 10-12, 2018 in Cairo, Egypt. Co-organized by the African… Read more »
December 21, 2017
Egypt: Egypt Gets U.S.$ 150m From the African Development Bank to Upgrade Water Treatment Plant
In support of the Egyptian Government's efforts to ensure safe living conditions, the African Development Bank has approved financing amounting to US$ 150 million for the expansion… Read more »
Africa: African Development Bank to Raise U.S. $ 8 Billion From Capital Markets in 2018
The Board of Directors of the African Development Bank has approved the Bank's 2018 borrowing program for USD 8 billion to be raised from capital markets. Read more »
East Africa: African Development Bank Supports Small Businesses in East Africa With U.S. $ 15 Million
The Board of Directors of the African Development Bank has approved an equity investment of US $15 million in Catalyst Fund II, a second-generation private equity fund investing in… Read more »
Kenya: Sustainable Energy Fund for Africa Improves Waste-to-Energy Electricity in Kenya With U.S. $1 Million Grant
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a grant of US $ 995,000 to Asticom Kenya Ltd., to support the construction of a… Read more »
December 20, 2017
Africa: Sustainable Energy - African Development Bank Approves Us $ 20m Support to Evolution Fund II
As part of its wider mandate under the New Deal on Energy for Africa, the Board of Directors of the African Development Bank on December 15, 2017, approved an investment of US $20… Read more »