October 12, 2017
Africa: African Development Fund Board Approves U.S.$ 141 Million Credit Risk Participations Under Private Sector Credit Enhancement Facility
The Board of Directors of the African Development Fund (ADF), approved on Wednesday, 11 October 2017 in Abidjan credit risk participations in eight loans cumulatively valued at US$… Read more »
October 11, 2017
East Africa: AfDB Engages East Africa's Private Sector in a Drive to Strengthen Partnerships
The Bank Group's Resource Mobilization & Partnerships Department (FIRM) in collaboration with the East Africa Regional Directorate (RDGE), has concluded its first regional… Read more »
October 16, 2017
Africa: AfDB President, 2017 World Food Prize Laureate, Participates in Borlaug Dialogue International Symposium
In June, the World Food Prize announced African Development Bank President Akinwumi A. Adesina as the 2017 Laureate for his work in improving the availability of seed, fertilizer… Read more »
October 03, 2017
Africa: Bank Group Approves Second Monitoring Report On Updated Management Action Plan for the Medupi Power Project in South Africa
The Boards of Directors of the African Development Bank Group approved on September 6, 2017 the recommendations of the Second Monitoring Report of the Independent Review Mechanism… Read more »
Guinea Bissau: With Alsf Support, Guinea-Bissau Successfully Renegotiates and Reduces Outstanding Debts By 90 Percent
Following an official request for support from the Government of Guinea-Bissau, the African Legal Support Facility (ALSF) has provided creditor litigation support and advisory… Read more »
October 06, 2017
Africa: African Development Bank Releases Second Trade Finance in Africa Survey Report, "Overcoming Challenges"
The value of bank-intermediated trade finance in Africa in 2013 and 2014 is estimated at US $430 billion and US $362 billion, respectively. Put differently, banks support about one… Read more »
Africa: Adea Signs MOU With Isdb On Cooperation in the Education Sector in Africa
The Islamic Development Bank (IsDB) and the Association for the Development of Education in Africa (ADEA) have signed a Memorandum of Understanding (MoU) in Jeddah (Saudi Arabia)… Read more »
October 02, 2017
Africa: Mbembe Makes a Strong Case for African Integration Through Open Borders
Renowned African historian, Joseph Achille Mbembe, has made a solid case for Africa's integration through open borders that allow free movement of people on the continent. Read more »
October 05, 2017
Africa: AfDB Issues Its First "Light Up and Power Africa" Theme Bond
The African Development Bank (AfDB) has issued the first "Light Up and Power Africa" Bond for SEK 733 million (approximately JPY 10 billion) sold to the Dai-ichi Life Insurance… Read more »
September 22, 2017
Africa: An Emotional Tribute in Memory of Former AfDB President Babacar Ndiaye
"Goodbye, Papa, farewell to the ambassador for Africa's development, rest in peace." In an intensely emotional tribute, the President of the African Development Bank (AfDB),… Read more »
September 28, 2017
Africa: AfDB President Lays the Foundation Stone in the Electrification Project in Burkina Faso
The President of the African Development Bank (AfDB) Group, Akinwumi Adesina, arrived in Ouagadougou for a three-day official visit and was immediately welcomed by Burkina Faso's… Read more »
September 29, 2017
Africa: AfDB Approves US $200 Million to IDC to Support Industrialisation Projects in Africa
The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line of credit of US$ 100 million and 1.3 billion South African… Read more »
September 27, 2017
Africa: African Development Bank Sells Industrialize Africa Theme Bond for AUD 50 Million
The African Development Bank (AfDB) has sold its first "Industrialize Africa" theme Bond to Fukoku Mutual Life Insurance Company, the sole investor in the transaction, for AUD 50… Read more »
September 28, 2017
Africa: AfDB President Akinwumi Adesina Receives Accolade of Highest Honour From the Republic of Niger
The President of the African Development Bank (AfDB) Group, Akinwumi Adesina, has been elevated to the rank of Grand Officer in the Order of Merit of the Republic of Niger on… Read more »
Africa: Speech By Akinwumi A. Adesina, President of the African Development Bank At the Gala Dinner During the State Visit to Niger, September 26, 2017
Prime Minister, Head of Government, Read more »
September 27, 2017
Africa: President Akinwumi Adesina in Niamey - the AfDB Is Working With Niger to Speed Up Its Development
The President of the African Development Bank (AfDB), Akinwumi Adesina, arrived in Niamey on Tuesday, September 26, 2017 for a two-day official visit to Niger, which began with a… Read more »
Africa: President Akinwumi Adesina in Niamey - the AfDB Is Working With Niger to Speed Up Its Development
The President of the African Development Bank (AfDB), Akinwumi Adesina, arrived in Niamey on Tuesday, September 26, 2017 for a two-day official visit to Niger, which began with a… Read more »
Africa: AfDB Joins International Community in Supporting Sustainable Tourism Development in Africa
To mark World Tourism Day on September 27, 2017, the African Development Bank has called for collaborative actions from all stakeholders for sustainable tourism development in… Read more »
September 29, 2017
Africa: Prominent African Intellectual Achille Mbembe to Discuss African Borders At AfDB Eminent Speakers Seminar
Renowned African historian, philosopher and, political scientist, Joseph Achille Mbembe will be the key speaker of the 21st edition at the African Development Bank's Eminent… Read more »
October 02, 2017
Africa: The African Development Bank (AfDB) Is Organizing a Business Opportunities Seminar (BOS) on 2 - 4 October 2017, in Nairobi, Kenya
Business Opportunity Seminars (BOSs) are one-stop fora for consultants, contractors, manufacturers, and suppliers from the Bank Group's member countries looking to provide goods… Read more »
September 22, 2017
Africa: The Bank Group Has Approved Eur 15 Million Equity Investment in the Mediterrania Capital Fund III (MC III)
The Board of Directors of the African Development Bank (AfDB) has approved a EUR 15 million equity investment in the Mediterrania Capital Fund III (MC III) under the management of… Read more »
Africa: AfDB, AU, UN Agencies Pledge More Action for Africa's Industrial Transformation
Implementation to be anchored on AfDB's Industrialize Africa Strategy Read more »
Africa: The Third Industrial Development Decade for Africa - From Political Commitment to Actions On the Ground
African leaders, UN officials, and representatives of international finance institutions and of the private sector met on Thursday, September 21 at the United Nations Headquarters… Read more »
Africa: AfDB and Korea Launch Preparations for 2018 Annual Meetings in Busan
Secretary-General, Vincent Nmhielle, and Korean Vice Minister of Strategy and Finance, Hyoung-Kwon Ko, display signed MOU. Read more »
Africa: AfDB Will Be One of the Key Collaborating Partners for the 2018 World Water Week
The <a target="_blank" href="http://www.worldwaterweek.org/">World Water Week</a> organized every year in Sweden, by the Stockholm Water Institute (SIWI), was held from… Read more »