July 03, 2023
Africa: Africa50 Invests Over U.S.$6.6 Billion in Infrastructure in Six Years
African and global institutional investors to unlock infrastructure investment in Africa under new Fund Read more »
June 30, 2023
Africa: Nigeria - African Development Bank Approves $115m Loan to Abia State for Road Rehabilitation, Erosion Control and Solid Waste Management
The Board of Directors of the African Development Bank Group has approved a loan of $115 million to support a major road rehabilitation project in Nigeria's Abia State. The project… Read more »
Africa: African Development Bank to Make U.S.$11 Million Equity Investment in Bluepeak Private Capital Fund
The African Development Bank's $11 million equity investment in BluePeak Private Capital Fund will support midsize pharmaceutical and other firms across Africa. Read more »
Africa: African Development Bank, African Securities Exchanges Association Sign Agreement for $600,000 Grant to Expand Network of Linked African Stock Exchanges to 15
AfDB Vice President Solomon Quaynor (left) and Thapelo Tsheole, ASEA's President and CEO of the Botswana Stock Exchange, signed a grant agreement for $600,000 for the African… Read more »
Africa: Italy Contributes Eur 5.5 Million to African Development Bank Group's Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to Foster Job Opportunities, Economic Growth
Carolyne Mwangi, CEO of Kimplanter Seedlings and Nurseries in Kenya, received a $100,000 grant and business growth training though the YouthADAPT Challenge, a program co-financed… Read more »
Africa: Seminar On African Development Bank's African Economic Outlook 2023 for Asian Audiences
What: Read more »
Africa: African Development Bank Teams Up With Airplane Manufacturers Airbus, Atr to Boost African Commercial Aviation
The African Development Bank has held workshops with aircraft manufacturers Airbus and ATR to explore ways of strengthening access to finance for African airlines. Read more »
June 29, 2023
Africa: USAID's Power Africa, African Development Bank Broaden Cooperation On Fighting Energy Poverty and Climate Change in Africa
Afdb Director Daniel Schroth (left), and Power Africa's Acting Coordinator David Thompson signed an updated, expanded Regional Development Objectives Agreement in Nairobi Read more »
Mozambique: Mozambique - African Development Bank Adopts New Country Strategy Paper Covering 2023-2028
The main objective of the Mozambique CSP 2023-2028 is to promote structural transformation by improving the country's fiscal situation, creating decent jobs and achieving inclusive… Read more »
Africa: African Development Bank's Umdf and Icex Spain Trade and Investment Team Up to Boost Sustainable Urban Development in Africa
Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a… Read more »
June 27, 2023
Africa: Transition Support Facility - Focusing On Msmes for Post-Covid Reconstruction in Africa
To face the unprecedented new global challenges brought about by the COVID-19 pandemic, the spotlight has turned to the importance of the private sector in building resilience in… Read more »
June 26, 2023
Africa: African Development Bank Chief to Attend Africa50 Infra for Africa Forum and General Shareholders Meeting
What: Africa50 Infra for Africa Forum and General Shareholders Meeting Read more »
June 20, 2023
Africa: Evolution of Debt Landscape over the past 10 Years in Africa - Keynote Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group Delivered at the Paris Club
Your Excellencies, ladies, and gentlemen. Read more »
June 26, 2023
Kenya: Kenya - African Development Bank Group Board Okays Funds to Support Women and Youth in Agribusiness
The Board of Directors of the African Development Bank Group has approved an equity investment of Ꞓ18 million in the Africa Guarantee Fund (AGF) and another Ꞓ1.2 million to… Read more »
June 21, 2023
Africa: Webinar Series On Debt Management in the Context of Covid-19 - 4th Webinar - the Role of Legal Support in Effective Debt Management
What: 4th webinar on the role of legal support in effective debt management Read more »
June 23, 2023
Africa: African Development Bank, European Investment Bank, Islamic Development Bank and Who Launch New Investment Platform to Strengthen Primary Health Care Services
AfDB head Dr. Akinwumi A. Adesina with WHO Director General Dr. Adhanom Ghebreyesus Tedros and heads of other multilateral development banks at the launch of the Platfom in Paris.… Read more »
Africa: African Development Bank Receives Five Awards From Emea Finance for Its Achievements in Debt Capital Markets
The African Development Bank has received five awards in the 2022 Achievement Awards organized by EMEA Finance. The awards were announced on Thursday 8 June 2023 in London. Read more »
Africa: African Hidden Champions Hosts Egypt's Top Business Leaders
AfDB and Africa Foresight staff at the African Hidden Champions Dinner, 19 June 2023, Cairo. Read more »
Africa: Summit for a New Global Financing Pact - International Community Welcomes African Development Bank Initiative On IMF Special Drawing Rights
Practical roadmap for easing the debt burden for low-income countries while freeing up funds for climate needs Read more »
Africa: African Governments, Partners Express Support for Alliance for Green Infrastructure in Africa Toward Target of Mobilizing $500 Million
Event on sidelines of the Paris Forum features announcement of $5 million grant for initiative. Read more »
Africa: Summit for a New Global Financing Pact - African Development Bank Head Says Mdbs Should Leverage IMF Special Drawing Rights to Fight Climate Change and Push SDGs
African Development Bank head Dr Adesina ( third from left) on panel discussing SDRs and debt at the Summit For a New Global Financing Pact, Paris, June 22 2023 Read more »
June 22, 2023
Africa: Press Conference On African Development Fund Partial Credit Guarantee to Benin
What: Press conference on African Development Bank Group partial credit guarantee to Benin Read more »
June 21, 2023
Africa: 'De-Risking Capital Is Key to Scaling Up Development Finance', African Development Bank's Adesina Tells Opec Fund Forum
(L-R) Rémy Rioux, CEO of Agence Française de Développement; Akinwumi Adesina, president of the African Development Bank; Muhammad Al Jasser, chairman of the… Read more »
June 20, 2023
Ghana: Ghana - African Development Bank Approves $23.04 Million for Modern Floating Dock Facility
The Board of Directors of the African Development Bank has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the… Read more »
June 19, 2023
Eswatini: Eswatini - A New Eco-Green City Planned With the Support of the African Development Bank's Umdf
The African Development Bank's Urban and Municipal Development Fund is partnering with the Eswatini Water and Agriculture Development Enterprise on a new urban planning project,… Read more »