April 04
Africa: Largest US Bank Jpmorgan Chase to Deepen Partnerships With the African Development Bank Group
African Development Bank Senior Vice-President Bajabulile Swazi Tshabalala, has held talks with a high-level delegation from JPMorgan Chase, the largest US bank, on potential… Read more »
March 28
Africa: African Development Bank Debars China Henan International Cooperation Group Company Limited for 12 Months for a Fraudulent Practice
The African Development Bank Group, on 28 March 2024, announces the conclusion of a negotiated settlement agreement with China Henan International Cooperation Group Company… Read more »
Nigeria: Nigeria - African Development Bank Signs $75 Million Loan Agreement to Boost Indorama's Fertilizer Production and Export Capacity
The African Development Bank has signed a $75 million loan agreement with Nigeria's Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its… Read more »
March 19
Africa: The African Development Bank and Dentons Canada Llp Toronto PPP Webinar Series
What: PPP Webinar Series 2024 Read more »
January 19
Africa: African Development Bank Appoints Aida Ndir Ngom As Director of the Private Sector Development Department
The African Development Bank has appointed Aida Ngir Ngom as Director, Private Sector Development Department. Her appointment takes effect from February 1, 2024. Read more »
November 16, 2023
Africa: AfDB Issues Statement on Illegal Arrest of Staffers In Ethiopia
On 31 October 2023, two staff members of the African Development Bank Group based in Addis Ababa were unlawfully arrested, physically assaulted, and detained for… Read more »
November 03, 2023
Africa: African Development Bank Approves €100-Million Risk Participation Agreement With Attijariwafa Bank to Promote African Trade
Finance 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 »
October 03, 2023
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 »
September 25, 2023
Africa: African Development Bank Debars Joycot General Contractors Limited for 15 Months for Fraudulent Practices
The African Development Bank Group, on 25 September 2023, announces the 15-month debarment of Joycot General Contractors Ltd. effective 8 September 2023. Joycot General Contractors… Read more »
September 21, 2023
Africa: African Development Bank and Google Collaborate On Digital Transformation in Africa
African Development Bank, Google sign ccoperation agreement to advance digital transformation in Africa (l-r) AfDB Vice President Solomon Quaynor, President Dr. Akinwumi Adesina… Read more »
July 20, 2023
Africa: African Development Bank Enters New $1 Billion Exposure Exchange With the Asian Development Bank to Increase Development Lending Capacity
The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank. The transaction will support its efforts to… Read more »
July 11, 2023
Africa: African Development Bank Appoints Max Magor Ndiaye As Director of Syndication, Co-Financing and Client Solutions Department
The African Development Bank has appointed Mr Max Magor Ndiaye as Director of the Syndication, Co-financing and Client Solutions Department, effective 1st July 2023. Read more »
June 07, 2023
Africa: The African Development Bank Appoints Jacques Edjangue Vice President for People and Talent Management
The African Development Bank Group has appointed Jacques Edjangue Vice President for People and Talent Management, effective 16th June 2023. Read more »
April 28, 2023
Africa: African Development Bank Rolls Out New Whistleblowing Policy
New policy brings retaliation by contractors, consultants and suppliers under the Bank's sanctions regime Read more »
April 26, 2023
Africa: Nigeria - African Development Bank and Africa Fintech Network Sign $525,000 Grant to Strengthen Development of Fintech in Africa
The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a… Read more »
April 04, 2023
Africa: African Development Bank Appoints Professor Kevin Chika Urama Chief Economist and Vice President for Economic Governance and Knowledge Management
The African Development Bank has appointed Professor Kevin Chika Urama as Chief Economist and Vice President for the Bank's Economic Governance and Knowledge Management complex.… Read more »
Africa: African Development Bank Appoints Simon Mizrahi Vice President for Technology and Corporate Services
The African Development Bank has appointed Simon Mizrahi, a British national, Vice President for its Technology and Corporate Services Complex, with effect from the 1st of April… Read more »
March 27, 2023
Africa: African Development Bank Appoints Mouhamed Ba As Director, Corporate Programs in the Vice-Presidency, Technology and Corporate Services
The African Development Bank Group has appointed Mouhamed Ba, as Director, Corporate Programs in the Vice Presidency for Technology and Corporate Services, effective 1st March… Read more »
March 07, 2023
Africa: World Bank President Nominee, Ajay Banga, Pledges to Partner With African Development Bank for Transformative Results
United States' nominee for World Bank Group President, Ajay Banga began his global tour on Monday, with his first stop in Abidjan, Cote d'Ivoire, where he met the African… Read more »
March 09, 2023
Africa: African Development Bank Debars Ogon-Asu Company Limited and Mr. William Tuku Ogon for 15 Months for Fraudulent and Obstructive Practices
The African Development Bank Group, on 9 March 2023, announces a 15-month debarment of Ogon-Asu Company Ltd. and its Chief Executive Officer, Mr. William Tuku Ogon, with effect… Read more »
February 10, 2023
Egypt: African Development Bank Appoints Abdourahmane Diaw As Country Manager for Egypt
The African Development Bank has appointed Abdourahmane Diaw as Country Manager for its Egypt Country Office, effective 1st November 2022. Read more »
Africa: African Development Bank Group Appoints Ahmed Rashad Attout As Acting Director of the Financial Sector Development Department
The African Development Bank has appointed Ahmed Rashad Attout as Acting Director, Financial Sector Development Department, effective 1st December 2022. Read more »
November 15, 2022
Africa: 'Natural Gas Is Not an Ideological Issue, It's a Pragmatic One,' Says AfDB's Adesina
The president of the African Development Bank shares his views on investment opportunities, financial management and the growing threat of climate insecurity. Read more »