December 01, 2023
Africa: What Lessons Can Asia Offer Africa in Developing the Green Minerals Value Chain?
A new vision is needed for Africa to harness its significant advantage in green mineral resources, experts say, and collaboration with Asian nations and learning from their… Read more »
Africa: Senegal - African Development Bank Loans Over Eur 74 Million to Strengthen Internal Resource Mobilization and Support Industrial Activities
The African Development Bank's action will contribute to increasing the State's public resources to improve people's living conditions. Read more »
Africa: Signing of Financial Pledges for the Alliance for Green Infrastructure in Africa On the Sidelines of COP28
What: Read more »
Africa: Africa Development Bank Group and the Prince's Trust International Commit to Accelerate Wealth-Creating Youth Programmes
"Together, we have opportunities to create youth wealth and eradicate poverty, which is not a tradable commodity."--Akinwumi Adesina Read more »
Uganda: Uganda - African Development Bank to Lend More Than $252 Million to Improve Rural Transport and Facilitate Regional Integration
Meeting on 1 December in Abidjan, the Board of Directors of the African Development Bank Group approved a loan of $252.83 million to Uganda, to fund the construction of the… Read more »
November 30, 2023
Africa: Malawi - African Development Bank Prioritizes Energy, Transport, Water and Agriculture in Its Country Strategy for 2023-2028
The Board of Directors of the African Development Bank Group approved the Country Strategy Paper (CSP) 2023-2028 for Malawi on 16 November 2023. The strategy focuses on two… Read more »
Africa: High - Level Policy Dialogue - 'Renewables and Natural Gas: Friends or Foes of a Just Transition in Developing Countries?'
What: Read more »
Africa: Cameroon - African Development Bank Group Loans Over Eur 73 Million for Construction of a Bridge Over the River Ntem Between Campo (Cameroon) and Rio Campo (Equatorial Guinea)
The Board of Directors of the African Development Bank Group on 29 November 2023 granted financial support of EUR 73.44 million to Cameroon for the construction of a bridge over… Read more »
Africa: COP28 High-Level Youthadapt Awards Ceremony
What: Read more »
Egypt: Egypt - African Development Bank Supports Commercial International Bank With $148 Million to Prop Up SMEs and Trade
Finance Read more »
November 29, 2023
Africa: Resource-Rich Africa Has No Excuse to Remain Poor, Says African Development Bank President
"Our governments must realise their responsibility to lift people out of poverty and into wealth as quickly as possible. It is doable"--Adesina Read more »
Kenya: Kenya - African Development Bank Commits More Than €101 Million to Boost Access to Electricity
The Last Mile Connectivity Project - Phase III, which will be implemented over six years (2024-2029), will provide electricity for more than half a million Kenyans. Read more »
Kenya: Kenya - African Development Bank Lends €73 Million to Improve Economic Governance and Boost Industrial Development
€73 million in funding from the African Development Bank will support the Kenyan government's efforts to strengthen the social protection system for the most vulnerable… Read more »
Ghana: The African Development Bank Launches Research Project On Grain Quality Grading and Certification in Ghana
Bowls full of grains displayed in a market in Accra, Ghana Read more »
Burkina Faso: Burkina Faso - African Development Bank Supports New Hygiene, Water and Sanitation Projects With €43 Million
The Minister for the Environment, Roger Baro (3rd from right) and the Bank's Country Manager, Daniel Ndoye (1st from left) took part in the launch ceremony of the two projects. Read more »
Africa: African Development Bank Revises Economic Forecast for Africa Downwards Amid Continued Global Shocks
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%, from 4.0% and 4.3%. Read more »
Africa: Adaptation Finance Summit for Africa At COP28
What: Adaptation Finance Summit For Africa at COP28 Read more »
November 28, 2023
Africa: Africa Urges a Spotlight On Climate Finance As the World Heads to COP28
The African Development Bank will mobilize financing for climate action at this year's UN Climate Change Conference, COP28, and amplify Africa's calls for robust commitments by… Read more »
November 27, 2023
Africa: African Development Bank Launches Usd 2 Billion 4.625 Percent Global Benchmark Due January 2027
The African Development Bank (AfDB), rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a new USD 2 billion long 3-year Global… Read more »
Africa: U.S. and African Development Bank Collaborate to Accelerate Africa's Digital Transformation
The U.S. Commercial Service and the African Development Bank have announced a new strategic collaboration in a move to drive digital transformation across Africa, Read more »
Nigeria: Nigeria - African Development Bank Approves $80 Million for Investment in Ekiti Knowledge Zone
With $80M in AfDB financing, Ekiti Knowledge Zone will attract private investment into the digital and knowledge economy sectors of Nigeria's Ekiti state and its neighbours Read more »
Africa: The Africa Climate Risk Insurance Facility for Adaptation (Acrifa) - De-Risking Investments in Climate Change Adaptation Through Insurance
WHAT: COP 28 side event: The Africa Climate Risk Insurance Facility for Adaptation (ACRIFA)- De-risking investments in climate change adaptation through insurance Read more »
Egypt: Egypt - African Development Bank Approves $131 Million to Promote Private Sector Development and Economic Diversification
Finance Read more »
Africa: Workshop On Leveraging Early Warning for Crises Prevention and Regional Stability
What: Workshop on Leveraging Early Warning for Crises Prevention and Regional Stability Read more »
November 24, 2023
Libya: The African Development Bank, Libya Strengthen Cooperation, Sign Funding Agreements
The African Development Bank has signed three technical assistance grant agreements with the government of Libya, reaffirming its commitment to the North African country. The… Read more »