October 13, 2023
Africa: Africa's 'Optimist-in-Chief' On the Continent's Renaissance - 'Don't Just Believe Me, Believe the Data'
In an interview with the Guardian, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best… Read more »
Africa: International Day for Disaster Risk Reduction - Why Climate Insurance Matters!
Climate change is one of the most significant challenges facing Africa today, with severe implications for the continent's food security, livelihoods, and economic growth.… Read more »
Africa: African Development Bank Imposes 12-Month Conditional Non-Debarment On Unik Construction Engineering (Pty) Limited for a Corrupt Practice
The African Development Bank Group, on 13 October 2023 announces the conclusion of a negotiated settlement agreement with Unik Construction Engineering (Pty) Limited, thus putting… Read more »
October 12, 2023
Africa: Multilateral Development Banks Deliver Record Climate Finance of Close to $61 Billion for Low and Middle-Income Economies in 2022
Volumes include $22.7 billion for climate change adaptation Read more »
Africa: Mozambique - Africa Fertilizer Financing Mechanism Extends $2 Million Guarantee and $877,980 Grant to Improve Farmers' Access to Fertilizers
The project will increase farming productivity by granting easy access and use of fertilizer for smallholder farmers Read more »
Uganda: Uganda - Africa Fertilizer Financing Mechanism to Boost Farmers' Access to Fertilizers With Nearly $2.9 Million in Credit Guarantees and Grant Funding
The credit guarantee will support increased fertilizer availability in Uganda. Read more »
Africa: African Development Bank Group Chief Economist Kevin Chika Urama Urges Nordic and Irish Entrepreneurs in to Make Africa Their Business and Investment Destination.
L-R: Prof. Kevin Urama, Chief Economist/Vice President for Economic Governance & Knowledge Management, African Development Bank Group, Ms. Ellen Cathrine Rasmussen, Executive… Read more »
October 11, 2023
Africa: Burundi - The African Development Bank Grants Over Usd 13 Million to Tackle Climate Change Impacts Through Water Security
The African Development Bank signals its return to the water sector in Burundi by providing over 80 percent of the funding for the Water Sector and Climate Resilience Building… Read more »
October 10, 2023
West Africa: African Development Bank Builds Capacity in 4,500 Small Enterprises in Guinea, Ghana and Benin
The launch press conference of the Project to Build the Resilience of Micro, Small and Medium Enterprises in Guinea, Ghana and Benin © AfDB 2023 Read more »
October 09, 2023
Morocco: Joint Statement By the African Development Bank Group and the Government of Morocco About the 2023 Africa Investment Forum Market Days
The Africa Investment Forum Market Days will take place as scheduled from 8-10 November 2023 at the Palais des Congrès in Marrakech, Morocco. Read more »
Gambia: Gambia - African Development Bank Grants Nearly $7 Million to Improve Governance and Strengthen Fiscal Resilience
The African Development Bank grants financial support to The Gambia to improve its governance and fiscal resilience Read more »
October 06, 2023
Africa: African Development Bank, IOM Collaborate On Joint Report On Diaspora Engagement, Climate-Induced Migration and Skills Mobility
The African Development Bank and the International Organization for Migration (IOM) have produced a joint report examining the nexus between humanitarian, peace, development and… Read more »
Africa: Kenya, African Development Bank Group Sign Memorandum On Hosting 2024 Annual Meetings in Nairobi
From left to right: Dr Chris Kiptoo, Principal Secretary, National Treasury; Prof Vincet O. Nmehielle, Secretary General, African Development Bank Group; Prof Njuguna Ndung'u,… Read more »
Africa: Remarks By Secretary-General Vincent Nmehielle, Signing Ceremony of the Memorandum of Understanding On the 2024 Annual Meetings, Nairobi
6 October 2023, Nairobi, Kenya Read more »
October 05, 2023
Benin: Benin - African Development Bank's 2023 Country Focus Report Calls for a Concerted Effort to Seize Investment Opportunities
The African Development Bank has called on Benin to adopt a concerted approach to seize investment opportunities in agriculture, energy, transport and green industry, in its 2023… Read more »
West Africa: West Africa - African Development Bank, Ecowas Bank for Investment and Development Sign Loan Agreement for $50 Million and €50 Million to Enhance Regional Food Security
The African Development Bank Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and… Read more »
Mali: Mali's Natural Capital Offers Opportunities for Private Climate Finance and Green Growth, Says the African Development Bank's 2023 Country Focus Report
During the launch workshop of the African Development Bank 2023 Country Focus Report for Mali, the Malian private sector learned of investment opportunities to be seized in the… Read more »
Africa: Empowering Youth and SMEs for Climate Resilience
What: Seminar on Empowering Youth and SMEs for Climate Resilience: Innovative Finance for Transformative Adaptation at the Adaptation Futures Conference 2023 Read more »
October 03, 2023
Africa: African Development Bank and Interpeace Join Hands to Promote Peace Finance in Africa
The African Development Bank and Interpeace, an international organisation for peacebuilding based in Switzerland, today signed a memorandum of understanding to jointly promote… Read more »
Madagascar: Madagascar - African Development Bank and the Government Join Forces to Secure Water Access and Strengthen Climate Change Resilience
The African Development Bank and Madagascar's Ministry of Water, Sanitation and Hygiene have launched the preparation stage of a project to protect and develop water resources and… Read more »
Tunisia: African Development Bank Names Malinne Blomberg As Country Manager for Tunisia
The African Development Bank Group has appointed Ms Malinne Blomberg, a Swedish national, as Country Manager for Tunisia in addition to her current roles as Deputy Director General… Read more »
October 04, 2023
Angola: Angola - African Development Bank Group, Angola Sign Two Loan Agreements Worth $124.4 Million to Finance Sanitation Project for Coastal Towns
Angolan finance minister, Vera Daves de Sousa (r)and African Development Bank Country Manager for Angola, Pietro Toigo (l) sign coastal projects agreements in Luanda, Angola 03… Read more »
Somalia: Somalia - African Development Bank Group Approves $13.3 Million Grant to Help Improve Domestic Revenue Mobilisation and Public Expenditure Management
The Board of Directors of the African Development Bank Group on 2 October 2023 approved a grant of $13.29 million to Somalia to help improve domestic revenue mobilization and… Read more »
October 03, 2023
Gambia: African Development Bank Head Adesina Receives Gambia's Highest National Honour
President Adama Barrow of Gambia has conferred the country's highest national award, 'the Grand Commander of the Order of the Republic of The Gambia, on African Development Bank… Read more »
October 02, 2023
Gambia: The Gambia and the African Development Bank Group to Boost Rice Output and Uplift Youth and Women Entrepreneurs
Dr Adesina (left) and The Gambia President Barrow (right) with a local rice producer Read more »