East Africa: Tanzania - AFDB Allocates $98 Million in Savings for Completion of Road Project That Will Strengthen Regional Connectivity

The Boards of Directors of the African Development Bank Group has approved, on 10 December 2025, the diversion of $98 million in savings from the completed Transport Sector Support… Read more »

Central African Republic: Central African Republic Launches Mongoumba Port Construction to Bolster Regional Connectivity

The Central African Republic has entered a new phase in the development of the Pointe-Noire-Brazzaville-Bangui-N'Djamena (CD13) multimodal transport corridor with the laying of the… Read more »

Africa: African Development Bank Debars J&j Construction Company for 36 Months for Fraudulent Practices

The African Development Bank Group today announced the 36 months debarment of J&J Construction Company and the payment of a restitution by the company to the Government of… Read more »

Ethiopia: The $10 Billion Mega-Airport Financing Partnership Between Ethiopian Airlines and African Development Bank Takes Off

Ethiopia's ambition to build a new international airport that will rival some of the world's biggest, took off on Monday with a monumental signing ceremony marking the African… Read more »

Ethiopia: Signing Ceremony to Appoint the African Development Bank As Lead Arranger for the Mobilization of $7.8 Billion to Construct Africa's Largest Airport in Ethiopia

What: Signing ceremony for the financing of Bishoftu International Airport Read more »

Zambia: African Development Bank Cuts Sod for Construction of Permanent Country Office, Cementing Over Five-Decades of Partnership With Zambia

The African Development Bank Group commenced construction of its permanent country office in Lusaka on Friday, marking a transformative milestone in the institution's 54-year… Read more »

Togo: African Development Bank Group Approves €26.5 Million to Support the Construction of a New Solar Power Plant in Togo

The Board of Directors of the African Development Bank Group has approved a financing package totaling €26.5 million to support the development of a 62 megawatt-peak… Read more »

Botswana: Rebuilding Botswana's Construction Future - African Development Bank Bolsters Lobatse Clay Works Revival

The kilns are firing again--and with them, the economic hopes of a community. In the quiet town of Lobatse, southern Botswana, a decades-old industrial landmark is undergoing a… Read more »

Nigeria: Nigeria's Cross River State Second to Commence Construction of Its Special Agro-Industrial Processing Zone

Nigeria's Cross River State became the second to mark construction of a Special Agro-Industrial Processing Zone after the country's Vice President Kashim Shettima and African… Read more »

Senegal: African Development Fund Releases $81 Million Dollars for Construction of Road Linking Guinea and Senegal to Promote Integration and Trade

The Board of Directors of the African Development Fund approved a loan of $80.93 million to Senegal and Guinea for the construction of a new interstate road linking Labé and… Read more »

Morocco: The African Development Bank Mobilizes €246 Million for the Construction of the Guercif-Nador Highway

Financing Read more »

Africa: Cameroon - African Development Bank Group Loans Over Eur 73 Million for Construction of a Bridge Over the River Ntem Between Campo (Cameroon) and Rio Campo (Equatorial Guinea)

The Board of Directors of the African Development Bank Group on 29 November 2023 granted financial support of EUR 73.44 million to Cameroon for the construction of a bridge over… 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 »

West Africa: Africa Investment Forum 2023 - West Africa Aims to Accelerate the Construction of the Abidjan to Lagos Highway

Representatives from more than 30 regional and international development finance institutions took part in the first roundtable on the Abidjan-Lagos highway. Read more »

Senegal: Senegal - African Development Bank to Invest Over €166 Million in Construction of Highway to Open Up the Country's North

The construction of a highway between Dakar and Saint Louis will open up Senegal's northern regions, considered the country's rice granary and an area with high mining potential. Read more »

Africa: Morocco - The African Development Bank Provides €57 Million in Additional Financing for Construction of the Nador West Med Port Complex

The Board of Directors of the African Development Bank Group, has approved additional financing of 57 million euros for construction of the Nador West Med port complex in Morocco. Read more »

Africa: African Development Bank Debars Weihai Construction Group for 35 Months for Fraudulent Practices

The African Development Bank Group, on 23 December 2021, announces the conclusion of a negotiated settlement agreement with Weihai Construction Group, thus putting an end to… Read more »

Mozambique: Government and African Development Bank Sign Financing for Mueda-Negomano Road Phase II

The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road to… Read more »

Africa: African Development Bank Lends $272 Million for Construction of Msalato International Airport

The Board of Directors of the African Development Bank has approved a $272.12 million loan to Tanzania for the construction of a new international airport in the capital Dodoma. Read more »

Tanzania: Kenya & Tanzania - Over 3 Million People to Benefit From African Development Bank's €345 Million Road Construction Support

Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank's… Read more »

Africa: 2019 Africa Investment Forum - Historic Signing of High-Speed Railway Construction Concession Agreement for Ghana

The African Development Bank has thrown its weight behind a concession agreement for the construction of a high-speed railway in Accra, Ghana's capital. Read more »

Africa: Integrity in Development Projects - African Development Bank Blacklists Oceanic Construction and Engineering Nigeria for 48 Months for Fraudulent Practices

The African Development Bank Group has blacklisted Abuja-based construction firm Oceanic Construction and Engineering Nigeria for a minimum period of 48 months for fraudulent… Read more »

Rwanda: African Development Bank, Partners Fund Construction of 208-Kilometre Regional Road Project in Rwanda

1.1 million people to benefit Read more »

Africa: Integrity in Development Projects - African Development Bank Debars Malian Company Entreprise De Construction Urbaine Et Rurale

The African Development Bank Group (AfDB) on September 19, 2017, announced the debarment of Entreprise de Construction Urbaine et Rurale (ECUR) for a minimum period of three years. Read more »

Africa: Integrity in Development Projects - African Development Bank Debars Chongqing International Construction Corporation for Fraud

"It is the duty of the African Development Bank to ensure that the funds it receives from donors are used exclusively to further the socio-economic development of the institution's… Read more »