December 18, 2023
Africa: African Development Bank Urges Inaugural Graduates of Public Finance Management Academy for Africa to Champion Accountability and Transparency
"Africans must unite to mobilise and effectively manage the resources needed to increase productivity and create wealth in Africa for Africans," says Vice President Urama Read more »
Africa: Africa Gets Shot in the Arm As African Pharmaceutical Technology Foundation Gets Underway
Africa's efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation… Read more »
Morocco: The African Development Bank Mobilizes €246 Million for the Construction of the Guercif-Nador Highway
Financing Read more »
Malawi: Malawi - African Development Bank Approves Usd 7 Million Trade Finance Transaction Guarantee Facility for NBS Bank to Support SMEs and Local Corporates
The Board of Directors of the African Development Bank Group on Monday, 4 December 2023 approved a USD 7 million Trade Finance Transaction Guarantee facility for NBS bank in Malawi… Read more »
December 15, 2023
Africa: African Development Bank Appoints Richard Kwaku Ofori-Mante As Director of the Agricultural Finance and Rural Development Department
The African Development Bank has appointed Richard Kwaku Ofori-Mante, a Ghanaian national, as Director of the Agricultural Finance and Rural Development Department. Read more »
Africa: Atidi Becomes Partner of the Lusophone Compact
The African Development Bank Group and ATIDI, the pan African multilateral insurer, have signed an agreement making the insurer a strategic partner of the Lusophone Development… Read more »
Africa: The African Development Bank Appoints Armand Nzeyimana Director of the Development Impact and Results Department
The African Development Bank Group has appointed Armand Nzeyimana as Director of the Development Impact and Results Department, effective 16th November 2023. Read more »
Africa: African Development Bank Approves a U.S.$ 175 Million Facility for United Bank for Africa (UBA) to Support Private Sector and Infrastructure Development.
The Board of Directors of the African Development Bank Group today approved a $175 million financial package for United Bank for Africa (UBA), comprising $100 million in long-term… Read more »
Africa: African Development Bank Appoints Ramzi Mohammed Ali As Director of Staff Welfare Services, Compensation and Employment Policy Department
The African Development Bank has appointed Ramzi Ali, a national of Saudi Arabia, as Director of the Staff Welfare Services, Compensation and Employment Policy Department. Read more »
Africa: COP28 - African Development Bank Food and Climate Initiatives Align With Global Declaration On Food-Related Emissions and Food Systems Transformation
The first global declaration on curbing emissions from food production was signed by 134 countries, including 25 African countries, at the COP28 climate summit in Dubai, putting… Read more »
Cameroon: Cameroon - African Development Bank Grants a Loan of Eur 74 Million for Electricity Sector Reforms to Facilitate Universal Access to Power
The Board of Directors of the African Development Bank Group approved a loan of EUR 74.25 million to Cameroon in Abidjan on 14 December 2023 to implement the first phase of the… Read more »
December 14, 2023
Africa: COP28 - Norway Bolsters Africa's Climate Defenses With $6.5 Million Disaster Financing Pledge to African Development Bank
Norway becomes the fifth donor country to Africa Disaster Risk Financing Programme Multi-Donor Trust Fund Read more »
Africa: African Development Bank and the International Committee of the Red Cross Join Hands to Advance Sustainable Solutions in Conflict-Affected Settings
ICRC Vice President Gilles Carbonnier(l) and AfDB Vice President Marie-Laure Akin-Olugbade (r) following the signing of an MOU between the institutions to jointly address… Read more »
December 13, 2023
Burundi: Burundi - African Development Bank Signs Two Grant Agreements to Improve Water Supply and Boost Climate Change Resilience
The Water Sector and Climate Resilience Building Support Programme will provide drinking water to 1.2 million Burundians and will improve their living environment through… Read more »
Africa: São Tomé and Príncipe - African Development Bank Group Extends $17.4 Million to Support Public Finance and Energy Sector Reforms
The Board of Directors of the African Development Bank Group has approved $17.4 million in grants for Sao Tome and Príncipe to shore up the national budget and enhance… Read more »
December 14, 2023
Africa: Africa Needs Just Trade for a Just Energy Transition, African Development Bank Head Says At Doha Forum
The President of the African Development Bank Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax by the European Union could push… Read more »
December 13, 2023
Angola: Angola - African Development Bank Approves $105-Million Loan to Improve the Productivity of Smallholdings and Reduce Food Imports
The African Development Bank is providing significant financial support to Angola to strengthen agricultural policy and the business environment to improve food production and… Read more »
Africa: Benin - African Development Bank Approves Loan of Approximately €39 Million to Boost Private Sector's Contribution to Economic Development
The African Development Bank's contribution aims to boost the development of the private sector so as to increase its input into Benin's economy. Read more »
December 12, 2023
Africa: Burundi - African Development Bank Presents Health Infrastructure Strategy for Africa
The Bank Group's Strategy for Quality Health Infrastructure 2020-2030 was presented to health actors in Burundi. Read more »
West Africa: African Development Bank Signs Eur 70 Million Financing Agreement With Boad to Strengthen Support for the Private Sector in West Africa
Wilfrid Abiola (left), head of the African Development Bank's office in Togo, and Moustapha Ben-Barka (right), Vice-President of BOAD in charge of Financing and Investment, at the… Read more »
Africa: African Development Bank Approves $696.41 Million of Financing for Burundi and Tanzania to Build 650 Kilometers of Rail Infrastructure to Develop the Central Corridor Network
The Bank's support will enable 651 kilometers of rail to be laid between Tanzania and Burundi, promoting cross border travel and regional integration Read more »
Tunisia: Tunisia - African Development Bank Lends Nearly €82 Million for Wastewater Reuse in Agriculture, Strengthening Climate Resilience
The African Development Bank is providing Tunisia with financial support to improve the treatment of wastewater for reuse in agriculture and to improve climate resilience. Read more »
Africa: COP28 - United Kingdom Commits £7.4 Million Additional Funding to African Development Bank's Africa Disaster Risk Financing Programme
Grant to support Somalia in adapting to weather extremes related to climate change Read more »
Africa: Webinar 16 Days of Activism Against Gender-Based Violence
Join Us for the 16 Days of Activism Webinar: Read more »
Africa: The African Development Bank Appoints Yacine Fal As Special Representative of the President to the Africa Investment Forum
African Development Bank Group President Dr. Akinwumi Adesina has appointed Yacine Fal as his Special Representative to the Africa Investment Forum, effective December 15, 2023. Read more »