December 21, 2020
East Africa: African Development Bank, Partners, Host Online Workshop On Enhancing Water Security in the Greater Horn of Africa
The African Development Bank and the Intergovernmental Authority on Development (IGAD), a regional organization of Horn of Africa countries, held a webinar to discuss the pressures… Read more »
Africa: African Development Bank Unveils Top 20 Africavsvirus Winners in Virtual Event
The African Development Bank has announced 20 finalists of the AfricavsVirus Challenge who will receive a grant of up to $20,000 as well as access to business development and other… Read more »
December 18, 2020
Africa: African Development Bank Approves $7 Million in Sefa Technical Assistance to Transform Mini-Grid Investment in Africa
The Board of Directors of the African Development Bank have approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a… Read more »
Africa: Invitation to Review the African Development Bank Group's Draft Strategy for Economic Governance in Africa (2021-2025)
What: Invitation to review the African Development Bank Group's draft Strategy for Economic Governance in Africa (2021-2025) Read more »
Africa: African Development Bank Group Approves Eur400 Million Lusophone Compact Guarantee Program to Boost Private Sector Development
The Board of Directors of the African Development Bank Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up… Read more »
Africa: Sahel Group of Five - African Development Bank Approves Program to Expand Solar Energy Generation Under Desert-to-Power Scheme
The Board of Directors of the African Development Bank approved on Wednesday a Desert-to-Power (D2P) technical support program that will advance the rollout of solar generation in… Read more »
December 17, 2020
Madagascar: Madagascar - The African Development Bank Approves $43 Million Loan to Finance Second Phase of Power Transmission Project
The Board of Directors of the African Development Bank has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission and… Read more »
Africa: Africa Must Risk Capital for Its Youth, Adesina Urges
Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank President Akinwumi Adesina said at a… Read more »
Africa: The African Development Bank Appoints Mr. Simon Mizrahi, Acting Director, Communication and External Relations (Pcer)
The African Development Bank is pleased to announce the appointment of Mr. Simon MIZRAHI as Acting Director, Communication and External Relations Department (PCER), effective 16… Read more »
Africa: The African Development Bank Appoints Ms. Aissa Touré, Country Manager, Rwanda
The African Development Bank is pleased to announce the appointment of Ms. Aissa Touré as Country Manager for Rwanda. Read more »
December 16, 2020
Africa: The African Development Bank Secures Nearly $90 Million in New Donor Funds to Transform the Sustainable Energy Fund for Africa
The African Development Bank announced $90 million in new donor commitments for the Sustainable Energy Fund for Africa (SEFA) during a virtual launch event held on Monday, in which… Read more »
Africa: AfDB Appoints Mr Gauthier Bourlard As Director and Special Advisor for Multilateral Development Banks, International Financial Institutions and Non-Regional Shareholders Relations, Office of the President
The African Development Bank Group is pleased to announce the appointment of Mr. Gauthier BOURLARD as Director and Special Advisor in the Office of the President, effective 1… Read more »
Africa: How Can Africa's Fashion Entrepreneurs Access Finance to Grow Their Businesses?
Enhancing access to finance for Africa's fashion entrepreneurs is critical if the industry is to develop its full potential and tap global markets in a post-COVID-19 world. That… Read more »
December 15, 2020
Africa: Trend Toward Green Energy, Decarbonization Is an Opportunity for African Mining
Africa's minerals sector should seize the opportunities presented by the global transition towards green energy, experts discussed during a virtual workshop on the future of mining… Read more »
Africa: Making Finance Work for Africa Partnership Holds Virtual 2020 Annual General Assembly
Making Finance Work for Africa (MFW4A), a unique platform for African financial sector development research, advocacy, knowledge management and networking, hosted its 2020 Annual… Read more »
Africa: African Development Bank Approves $14.96 Million Project to Boost Women Entrepreneurs in Sudan
The Board of Directors of the African Development Bank has approved financing for a $14.96 million project to help women in Sudan access finance and grow their businesses. Read more »
December 14, 2020
Africa: Key Stakeholders Reaffirm Strong Support for African Development Bank's Desert to Power Initiative
The African Development Bank's Desert to Power (D2P) project drew strong support during the 4th Africa Energy Marketplace event held December 8-10 to share progress and… Read more »
Africa: African Development Bank's Akinwumi Adesina, Three Others Win Academy of Public Health's 2020 Top Distinguished Fellowship Award
The Academy of Public Health, the flagship body of the West African Institute of Public Health, has named African Development Bank Group President Akinwumi Adesina and three other… Read more »
Africa: African Development Bank, Collaborators, Launch First Fashionomics Africa Online Contest for Sustainable and Innovative Circular Fashion
The African Development Bank's Fashionomics Africa initiative is launching a competition to support designers of sustainable and circular fashion. Read more »
December 12, 2020
Africa: Nordic Development Fund Extends Grant of $8.8 Million to African Water Facility for Covid-19 Recovery in the Sahel and Horn of Africa Regions
The Board of Directors of the Nordic Development Fund (NDF) on Tuesday approved $8.8 million in grant funding to the African Water Facility (AWF) to bolster investments in COVID-19… Read more »
December 11, 2020
South Africa: Sweet Spot - African Development Bank Supports Zambian Honey Exports to South Africa
Zambezi Gold Honey has been selling its table honey on the South African market for the last three years. The company's breakthrough into the export market, partially thanks to the… Read more »
Ghana: Road Users in Ghana See Life-Changing Impact As Bank-Funded Jumbo Road Interchange Partially Opens
Pointing overhead to the imposing structure of concrete pillars and tiered, swirling highways, 63-year-old Ayorkor Baka, like many others, welcomes the new interchange, saying it… Read more »
Africa: African Economic Conference - Experts Confident of Finding Solutions to Covid-19 Pandemic
The 2020 African Economic Conference ended on an upbeat note on Thursday as the continent's policymakers, leading researchers, economists and other experts called for a united… Read more »
December 10, 2020
Africa: African Development Bank, 11 Leading Multilateral Development Banks, IMF Launch First Joint Report On Financing the Sustainable Development Goals
"To accelerate Africa's development, we will continue joining investment hands across the globe." - Adesina Read more »
Africa: Nobel Week Dialogue - Africa's Recovery From Covid-19 Will Depend On Its Ability to Mobilize Resources - Adesina
Africa's recovery from the COVID-19 pandemic will depend on the continent's ability to mobilize resources, African Development Bank President Akinwumi Adesina said on Wednesday. Read more »