January 18, 2016
Africa: AfDB Launches "High-Fives" Application - A Tool for Tracking Progress On the Bank's Development Priorities
In his inaugural speech after taking office on September 1, 2015, African Development Bank President Akinwumi Adesina laid out the five priority areas that the Bank will focus on… Read more »
January 15, 2016
Cape Verde: Blue Economy - Cape Verde Wins Sefa Grant to Develop Revolutionary Wave-Powered Desalination System
Cape Verde was awarded a US $930,000 grant by the African Development Bank-hosted Sustainable Energy Fund for Africa (SEFA) on December 21, 2015 to develop the world's first… Read more »
January 14, 2016
Africa: AfDB Approves U.S. $76.11-Million Loan for Four Towns Water Supply and Sanitation Improvement Program in Ethiopia
The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, January 13, 2016 approved a loan of US $76.11 million from the AfDB financing window to the… Read more »
January 13, 2016
Africa: African Development Bank Adopts Integrity Due Diligence Policy On Non-Sovereign Operations
In its bid to further promote good governance and ethical business practices in its operations and investment decisions, the Board of Directors of the African Development Bank… Read more »
January 12, 2016
Africa: Tourism in Africa Is On the Rise, but Has Not Yet Reached Its Full Potential
For the third year running, the African Development Bank (AfDB) has published the Africa Tourism Monitor, an annual report on the tourism industry in Africa. This year's report, a… Read more »
Africa: AfDB and Government of Sudan Launch Us $26-Million Water Sector Reform for West Kordofan State
On Monday, December 14, 2015, the African Development Bank (AfDB) and the Government of Sudan launched the US $26-million Water Sector Reforms and Institutional Capacity… Read more »
January 11, 2016
Africa: Equipping PPP Experts to Promote Bankable Projects in Africa's Energy Sector
Public Private Partnerships experts representing Burkina Faso, Cameroon, Côte d'Ivoire, Mali, Senegal, Togo, Uganda, Congo, Mauritius and Kenya are participating in training… Read more »
Africa: Taking AfDB's Development Impact to Scale in Fragile Situations
It is widely recognized that Africa is the continent most affected by issues of fragility that threaten to slow and even reverse development prospects of countries and entire… Read more »
January 07, 2016
Africa: AfDB and Nigeria's Federal Government to Spend Us $300m On Youth Agriculture Scheme
The African Development Bank (AfDB) and the Federal Government of Nigeria are planning for long-term solutions to youth employment in the agricultural sector. They will spend about… Read more »
December 23, 2015
Africa: An Unprecedented Year in Global Development
2015 will go down in history as a year when the world decided that the time had finally come to set aside individual differences and to forge a new development paradigm for the… Read more »
December 21, 2015
Africa: AfDB Invests in Transformative Regional Railway and Port Infrastructure in Mozambique and Malawi
The Board of Directors of the African Development Bank (AfDB), through its private sector window, has approved a Senior Loan equivalent to USD 300 million to support the… Read more »
Africa: African Development Bank Mobilizes Us$20 Million Loan to Boost Water Supply in Kigali
The Board of Directors of the African Development Bank (AfDB) through its private sector window approved a USD 20 million loan to the Kigali Bulk Water Supply Project in Rwanda. Read more »
Africa: AfDB Finances Its First Independent Power Producer Project in Sierra Leone
The Board of Directors of the African Development Bank (AfDB), on 17 December, 2015 in Abidjan, approved a senior loan of up to USD 20 million to fund up the construction and… Read more »
Africa: AfDB Approves Eur 24 Million to Boost Cameroon's Energy Production
The Board of Directors of the African Development Bank Group (AfDB), on December 17, 2015 in Abidjan, approved EUR 24 million to fund the expansion of Kribi Power Plant, an… Read more »
Africa: AfDB Supports Eskom to Construct and Maintain Transmission Lines and Power Stations in South Africa
The Board of Directors of the African Development Bank (AfDB), through its private sector window, approved a senior corporate loan equivalent to USD 375 million in ZAR-equivalent… Read more »
December 28, 2015
Africa: The End of the 2nd Cycle of Rapid Results Initiative in Madagascar
On December 14 and 17, 2015, Madagascar government held its final review of the second cycle of the Rapid Results Initiatives (RRI) conducted as part of the African Community of… Read more »
December 29, 2015
Africa: AfDB Approves Ruzizi III Hydropower Plant Project, Bringing Green Energy to Burundi, DRC and Rwanda
The African Development Bank (AfDB) Group, on December 16, 2015 in Abidjan, formally approved US$ 138 million of loans and grants to finance the Ruzizi III Hydropower Plant… Read more »
December 22, 2015
Africa: Development Banks Working Together to Optimize Balance Sheets
The African Development Bank (AfDB), the Inter-American Development Bank (IADB) and the International Bank for Reconstruction and Development (IBRD) have approved an innovative… Read more »
December 21, 2015
Africa: 2015 Private Sector Achievements - AfDB Has Committed Usd 1 Billion in Power and Infrastructure in Africa
The Bank Group has devoted approximately USD 1 billion to supporting power and infrastructure in Africa in 2015, which the Private Sector Department (OPSD) experts describe as "an… Read more »
December 18, 2015
Africa: The Bank Group and Mozambique Ink Usd21 Million Grant to Promote Inclusive and Sustainable Growth
The Bank Group and the Government of Mozambique, on December 18, 2015 in Abidjan, inked a protocol grant worth USD 21 million, to finance Phase II of the country's Economic… Read more »
Africa: Egypt, the New Chair of the Adea Steering Committee and Stc-Est Bureau for the Next 2 Years
(from left to right): H.E. Ashraf El-Shihy, Egypt's Minister of Higher Education and Scientific Research and Chair of the ADEA Steering Committee; Ms. Oley Dibba-Wadda, ADEA… Read more »
Africa: Bank Group's New Guidance On Environmental and Social Impact Assessment to Boost Sustainable Development in Rmcs
The African Development Bank Group (AfDB) gives high priority to the provision of high quality technical guidance to its Regional Member Countries (RMCs) to strengthen capacity for… Read more »
Africa: AfDB Approves Regional Hydropower Ppp to Increase Electricity Supply and Integration in Burundi, DRC, Rwanda
The African Development Bank Group approved today USD 138 million[1] of loans and grants toward a project which will help develop the energy sector in Burundi, the Democratic… Read more »
Africa: The African Development Fund Board Injects Usd 21 Million to Finance Mozambique's Economic Governance and Inclusive Growth Program Phase II
The Board of Directors of the African Development Fund (ADF) on 15th December 2015 approved a grant worth USD 21 million to finance Mozambique's Economic Governance and Inclusive… Read more »
Africa: AfDB Invests in Women-Owned SMEs in Africa Through Alitheia Identity Fund (AIF)
The Bank Group's (AfDB) Board of Director, met on December 17, 2015 in Abidjan, and approved USD 12.5 million equity investment in Alitheia Identity Fund (AIF or the Fund). Read more »