October 27, 2023
Africa: South Africa - African Development Bank Approves Zar 2.7 Billion Subordinated Financing and $150 Million Trade Finance Facility for Absa Group Limited
The Board of Directors of the African Development Bank has approved a financial package for Absa Group Limited comprising a sustainability-linked loan for an amount of ZAR 1.7… Read more »
October 26, 2023
Africa: African Public Procurement Network - 3rd General Assembly
Public Procurement for Sustainable Development in Africa Read more »
October 25, 2023
South Africa: South Africa - African Development Bank's New 5-Year Strategy Paper Focuses On Governance and the Private Sector
The African Development Bank's interventions in South Africa between 2023 and 2028 focused on improving governance and developing the private sector. Read more »
Africa: Former World Bank Boss Tells Mdbs to Put Human Capital and Creative Partnerships At the Heart of Development
Multilateral development banks can tackle poverty post-Covid 19, by focusing on human capital development and innovative private sector ventures says former World Bank President… Read more »
October 24, 2023
Africa: Marrakech Meeting On Sdrs Rechanneling - Accelerating Development Finance Through Multilateral Development Banks
The African Development Bank (AfDB), Inter-American Development Bank (IDB), the Rockefeller Foundation, and the Center for Global Development came together to co-host a high-level… Read more »
Africa: Rich in Green Minerals, African Countries Eye Booming Electric Vehicle and Clean Energy Market Worth Trillions of Dollars
The International Energy Agency projects that manufacturers of clean energy technologies will need forty times more lithium, twenty-five times more graphite, and about twenty times… Read more »
October 23, 2023
Africa: Countdown to Africa Investment Forum Market Days 2023
The Africa Investment Forum (AIF) 2023 Market Days is less than three weeks away. Read more »
October 20, 2023
Africa: Call for Applications - Youthadapt Challenge 2023 - Empowering Africa's Female Tech Innovators to Tackle Climate Change
The Africa Adaptation Acceleration Program, a joint initiative of the African Development Bank and the Global Center on Adaptation, has launched a call for applications for the… Read more »
Africa: Addressing Fragility, Forced Displacement, and Climate Resilience
What: Addressing Fragility, Forced Displacement, and Climate Resilience Read more »
Tanzania: Tanzania - African Development Bank Supports Small Horticultural Businesses With $2.5 Million Grant
Some 10,000 operators in Tanzania's horticultural value will receive financial support from the African Development Bank. Read more »
October 19, 2023
Rwanda: African Development Bank Commits Over $23 Mln to Rwanda's New Aviation Centre of Excellence
The Board of Directors of the African Development Bank Group has approved a $23.6 million loan for the construction and equipment of a new aviation training facility in the Rwandan… Read more »
Southern Africa: Southern Africa Civil Society Regional Forum
What: Southern Africa Civil Society Regional Forum Read more »
October 18, 2023
Nigeria: African Development Bank, African Guarantee Fund Kick Off Afawa Finance Series Nigeria to Unlock Financing for Women-Led Start-Ups
Consul-General of the Kingdom of Netherlands, HE Michel Deelen; Special Assistant to Nigeria's Minister for Women Affairs Dr Fatimah Abdullahi; African Guarantee Fund Group CEO… Read more »
Africa: Africa Must Rethink Natural Resources Management to Avoid Adverse Socio-Economic Consequences - Experts
Rethinking responsible use of natural resources Read more »
Africa: Webinar On the Role of the Regulator in the Energy Transition
What: Webinar on the role of the regulator in the energy transition Read more »
Africa: Innovate Africa Symposium
What: Innovate Africa Symposium Read more »
October 17, 2023
Africa: African Development Bank Appoints Dr Akinsola Babalola As Special Assistant to the President
The African Development Bank Group has appointed Dr Akinsola Babalola, a banking and finance management professional, Special Assistant to the Bank Group President. Read more »
Africa: African Development Bank Appoints Desiré Jean-Marie Vencatachellum Senior Director, Country Economics Department
The African Development Bank has appointed Desiré Jean-Marie Vencatachellum Senior Director of the Country Economics Department, effective 1st November 2023. Read more »
Africa: Egypt Issues Africa's First Sustainable Panda Bond Worth 3.5 Billion Rmb Backed By African Development Bank and Asian Infrastructure Investment Bank
With African Development Bank backing, Egypt is tapping Chinese capital markets to drive inclusive growth, including supporting micro and small enterprises. Read more »
October 16, 2023
Gambia: 24-Kilometre Road Co-Financed By African Development Bank and the EU Game-Changer for Livelihoods in the Gambia
Gambian President Adama Barrow has commissioned the 24-kilometer Senegambia Bridge access road co-financed by the African Development Bank and the European Union, saying it is a… Read more »
October 17, 2023
Africa: Joint Statement On Sustainable Procurement Initiatives By the Heads of Procurement At Multilateral Development Banks
The Heads of Procurement (HoP) of the twelve Multilateral Development Banks (MDBs) in their recent meeting held in Manila have pledged their commitment to promote sustainable… Read more »
October 12, 2023
Morocco: Morocco - Visiting Ouirgane, African Development Bank Delegation Recognises City's Resilience to Earthquake
The African Development Bank deployed mobile health units to treat earthquake victims and relieve hospitals in Marrakech. Read more »
October 13, 2023
Africa: Statement of the Heads of Multilateral Development Banks Group - Strengthening Our Collaboration for Greater Impact
The world faces a global "polycrisis" affecting human and economic development at an unprecedented scale. Progress towards the Sustainable Development Goals (SDGs) has been… Read more »
October 12, 2023
Africa: At the DRC Agribusiness Forum, Democratic Republic of Congo Shares Its Ambition to Feed Africa and Announces $6.6 Billion in Investments in Agriculture
African Development Bank Director-General for Central Africa Serge N'Guessan and his deputy Solomane Koné, the Bank's Manager for DR Congo, actively participated in the… Read more »
October 13, 2023
Africa: 2023 IMF/World Bank Annual Meetings - Multilateral Development Banks Pledge Stronger Financing Capacity for Greater Impact
Heads of multilateral development banks (MDBs) attending this year's IMF/World Bank Annual Meetings in Morocco have pledged to strengthen their individual and collaborative actions… Read more »