February 22
Congo-Kinshasa: DR Congo - African Development Bank Grants $7 Million Trade Finance Guarantee Facility to Access Bank DR Congo to Support SMEs and Local Businesses
On 20 February 2024, the Board of Directors of the African Development Bank Group approved a $7 million trade finance guarantee facility grant to Access Bank DR Congo. Read more »
Nigeria: Catalyzing Digital Innovation - African Development Bank Commits $80 Million to Ekiti Knowledge Zone Project in Nigeria
In the heart of Nigeria's Ekiti State, a groundbreaking initiative is taking shape - the Ekiti Knowledge Zone (EKZ), a bold step to transform the region into a hub for digital… Read more »
Morocco: African Development Bank and OCP Group Provide $188 Million for Green Investment in Morocco
The African Development Bank and the OCP Group signed three loan agreements in Rabat totalling $188 million to help fund the OCP Group's Green Investment Program supplying clean… Read more »
February 21
Southern Africa: SADC Business Council to Host Major Investment Forum Focused On Angola and Regional Growth
The SADC Business Council will host the Southern African Industrialisation Forum from 26-27 February 2024 at Sandton Hotel, in Johannesburg, South Africa. Read more »
Central Africa: Digital Climate Advisory Services Training to Support Climate Resilience for Smallholder Agriculture in Central Africa
What: Digital Climate Advisory Services Training to Support Climate Resilience for Smallholder Agriculture in Central Africa Read more »
February 20
Africa: Unlocking Opportunities - Swedfund, African Development Bank Advance Collaboration On Private Sector Growth, Climate Action
An African Development Bank Group team, led by Senior Vice President Bajabulile Swazi Tshabalala, on 15 February 2024, met with a delegation from Swedfund - the Swedish state… Read more »
Africa: Opening Remarks by Dr. Akinwumi A. Adesina President, African Development Bank Group Introducing the Presentation of the 2024 Africa Macroeconomic Performance and Outlook Report
On the Sidelines of the 37th Ordinary Session of the Assembly of the African Union - Addis Ababa, Ethiopia - 16 February 2024 Read more »
Central Africa: African Development Bank Group, Lake Chad Basin Commission Sign MOU to Restore Lake Chad Basin
The African Development Bank Group and the Lake Chad Basin Commission have signed a Memorandum of Understanding to rehabilitate and restore the Lake Chad Basin. Read more »
February 13
Africa: The African Development Bank Approves Up to $10 Million Stake in the Alliance for Green Infrastructure in Africa Project Development Fund
The Board of Directors of the African Development Bank Group approved the proposal to take an initial stake of up to $10 million in the "Alliance for Green Infrastructure in Africa… Read more »
February 17
Africa: Leaders Say Financing and Stronger Policies Needed to Tackle Malnutrition Affecting More Than 80 Million Children
Africa's children are paying a huge price for malnutrition, a high-level round table convened by the African Union and African Leaders for Nutrition Champion heard Friday evening. Read more »
February 16
Africa: AU Summit - African Development Bank and Lake Chad Basin Commission to Sign a Memorandum of Understanding
What: Signing Ceremony for a Memorandum of Understanding to Rehabilitate the Lake Chad Basin Read more »
Africa: Africa Dominates List of the World's 20 Fastest-Growing Economies in 2024--African Development Bank Says in Macroeconomic Report
Africa will account for eleven of the world's 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook… Read more »
February 15
Senegal: Senegal - African Development Bank Improves Quality of Life for Hundreds of Thousands of Rural People By Facilitating Their Access to Basic Socio-Economic Infrastructure
The Emergency Community Development Programme Support Project, benefiting from €43.32 million in support from the African Development Bank Group, has been implemented in… Read more »
February 13
Africa: African Union High-Level Round Table - Addressing Malnutrition, Catalysing Africa's Transformation Through Enhanced Multi-Sectoral Investments
What: African Union high-level round table: Addressing Malnutrition, Catalysing Africa's Transformation through Enhanced Multi-sectoral Investments Read more »
Africa: African Development Bank to Launch 2024 Africa's Macroeconomic Performance and Outlook Report
What: Launch of African Development Bank's 2024 Africa's Macroeconomic Performance and Outlook report Read more »
February 09
South Sudan: African Development Bank to Scale Up Financing to South Sudan in 2024 - VP Marie-Laure Akin-Olugbade
The African Development Bank's Vice President for Regional Development, Integration and Business Delivery, Marie-Laure Akin-Olugbade has concluded a three-day visit to South Sudan. Read more »
Burkina Faso: Burkina Faso Government, African Development Bank Launch Project to Bolster Food Security
The government of Burkina Faso has officially launched an African Development Bank supported project to bolster food security in the country against the impacts of Russia's… Read more »
South Sudan: African Development Bank, UNHCR Explore Pathways to Support Forcibly Displaced People in South Sudan
During a joint visit to South Sudan, the African Development Bank and UNHCR, the UN Refugee Agency, committed to deepening their collaboration for displaced people and host… Read more »
February 08
Africa: African Development Bank and TDB Join Forces to Deploy Clean Technologies to Cut Carbon Emissions in Africa
The African Development Bank Group has announced a follow-up equity investment of $15 million in the Trade and Development Bank Group's (TDB Group) pioneering Class C Green+ shares… Read more »
Tunisia: Tunisia Launches Cutting-Edge Rasme Tool for Project Monitoring
The African Development Bank Group has launched the Remote, Appraisal, Supervision, Monitoring, and Evaluation (RASME) initiative in Tunis to strengthen the supervision of… Read more »
February 06
Kenya: Kenya - African Development Bank Adopts New 5-Yr Plan to Boost Growth and Human Development
The Board of Directors of the African Development Bank Group on 14th December 2023 approved a new five-year Country Strategy Paper (CSP) for Kenya. Read more »
Africa: COP28 - Empower African Youth-Led Climate Solutions in Francophone Regions
At COP28, the Africa Adaptation Acceleration Program (AAAP) - a joint initiative of the African Development Bank (AfDB) and the Global Center on Adaptation (GCA) - and the Institut… Read more »
Uganda: With African Development Bank Support, Uganda Takes First Step to Embedding Circular Economy Model Into National Strategy
Uganda has taken a major step towards creating a circular economy to drive sustainable growth and green industrialisation in line with its Vision 2040 national agenda. Read more »
February 02
Africa: Italy to Collaborate With the African Development Bank Group As It Unveils Its $5.95 Billion Strategic Plan for Africa
Italian Prime Minister Georgia Meloni and the President of the African Development Bank Group Dr Akinwumi Adesina have agreed to work together to strengthen the alliance between… Read more »
Angola: Angola - Growth of Non-Petroleum Exports and 36,000 New Businesses Thanks to African Development Bank Support
Institutional Capacity Building Project for Private Sector Development, which was implemented in Angola between 2014 and 2023, delivered better-than-expected outcomes as shown in… Read more »