July 12
South Sudan: African Development Bank Group Approves $46 Million Grant Funding for Agricultural Productivity, Food Security and Resilience
The Board of Directors of the African Development Bank Group has approved a $46.2 million grant to support the first phase of the Climate Resilient Agri-Food System Transformation… Read more »
July 06
Comoros: Driving Progress - Comorians Celebrates Transformative Road Built With African Development Bank Support
The people of the Union of the Comoros are celebrating the completion of a major road that will open up its agriculturally rich areas and provide reliable access to its popular… Read more »
July 01
Madagascar: African Development Bank Group Builds Project Implementation Capacity in Madagascar
To improve the management and monitoring of the projects it finances or co-finances in Madagascar, the African Development Bank conducted a two-day training for Malagasy government… Read more »
June 28
Uganda: African Development Bank, Climate Investment Funds Spearhead Just Transition Workshops in Uganda
The African Development Bank Group and the Climate Investment Funds (CIF) have launched a series of groundbreaking workshops aimed at integrating 'just transition' principles into… Read more »
June 26
Central Africa: Regional Consultation On Multisectoral Nutrition Policy Framework for Eastern and Central Africa, and Workshop On Continental Nutrition Accountability Scorecard (Cnas)
What: Regional Consultation on Multisectoral Nutrition Policy Framework for Eastern and Central Africa, and Workshop on Continental Nutrition Accountability Scorecard (CNAS) Read more »
June 20
Sudan: African Development Bank, WFP Project Boosts Wheat Production in War-Torn Sudan Amid Soaring Hunger
An emergency wheat production project in Sudan financed by the African Development Bank and executed by the United Nations World Food Programme (WFP) has increased wheat production… Read more »
June 12
Ethiopia: African Development Bank Group, Ethiopia Launch $94 Million Project to Boost Climate Resilient Wheat Value Chain Development in Ethiopia
The African Development Bank Group and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the Global Center on Adaptation (GCA),… Read more »
June 11
East Africa: African Development Bank Appoints Dr. Léandre Bassole As Deputy Director General for East African Region
The African Development Bank has appointed Dr. Léandre Bassole, a seasoned economic development specialist, as Deputy Director General for the East African Region, effective… Read more »
June 03
Rwanda: African Development Bank and Rwanda Sign Partial Credit Guarantee Agreement to Support Green and Social Initiatives
The African Development Bank and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda's mobilisation of financing for green and social… Read more »
May 31
Djibouti: Annual Meetings 2024 - Comoros, Djibouti, Somalia and South Sudan Join $35 Million African Development Bank Climate Disaster Risk Financing Project
The African Development Bank Group Vice President for Agriculture, Human and Social Development joined finance ministers and representatives from Comoros, Djibouti, Somalia and… Read more »
May 29
East Africa: African Development Bank Annual Meetings - Vice President Akin-Olugbade Hails Horn of Africa Initiative Milestone of $10 Billion in Portfolio Commitments
African Development Bank Group Vice President Marie-Laure Akin-Olugbade has commended the Horn of Africa Initiative for reaching $10 billion in total commitments in its nearly five… Read more »
May 25
Uganda: Securing Water Futures - Climate-Proofing Uganda's Urban Water Systems
Uganda is renowned for its lush landscapes and abundant water sources, but climate change is creating a severe threat to urban water systems. Increasingly, the impact of variable… Read more »
May 22
Sudan: African Development Bank Reaffirms Support for Sudan Amid Civil Conflict
The African Development Bank has reassured Sudan of its continued support in providing humanitarian and economic assistance, while addressing other priority needs amid the… Read more »
May 23
Mauritius: Mauritius - The African Development Bank Grants $240 Million Loan to Support Economic Diversification and Competitiveness
The Board of Directors of the African Development Bank Group approved a loan of $240 million to Mauritius in Abidjan on 22 May 2024 to implement the second phase of the Economic… Read more »
May 22
Ethiopia: Ethiopia - African Development Fund Approves Nearly $43 Million to Boost Access to Finance and Non-Financial Services for Ethiopian Youth and Women-Led Msmes
The Board of Directors of the African Development Fund - the African Development Bank Group's concessional financing window - approved a grant of $42.86 million to Ethiopia on 22… Read more »
Ethiopia: Ethiopia - African Development Bank's Sustainable Energy Fund for Africa to Extend $8 Million for Groundbreaking Mini-Grid Pilot Programme
The African Development Bank Group's Board of Directors has approved $8 million to support the rollout of a pioneering pilot mini-grid programme with potential Africa-wide… Read more »
Rwanda: Rwanda - Significant Results Midway Through the Implementation of the African Development Bank Country Strategy 2022-26
The Board of Directors of the African Development Bank Group approved the mid-term review of the Country Strategy Paper (CSP) 2022-26 for Rwanda in Abidjan on 21 May 2024. The… Read more »
May 10
Madagascar: Madagascar - Mid-Term Review of African Development Bank Country Strategy Paper 2022-2026 Highlights Positive Results
The government of Madagascar and the African Development Bank have agreed to consolidate the mid-term results of the Country Strategy Paper 2022-2026 and to maintain its strategic… Read more »
May 12
Kenya: President William Ruto Advocates for $25 Billion Replenishment of African Development Fund, Highlights Impact On Kenya's Development
Kenya's President William Ruto has intensified his campaign for a substantial replenishment of the African Development Fund, underscoring the transformative impact of the… Read more »
May 06
Africa: Annual Meetings 2024 - Reforming the Global Financial Architecture to Free Up Financing for Kenya and in Africa Overall
"Today, Africa has $640 billion in outstanding debt and pays nearly $70 billion in interest every year. It would only be fair for us to have a financing mechanism that treats us on… Read more »
April 26
Kenya: Kenyan Farmers Get Fertilizer Boost With $2 Million Africa Fertilizer Financing Mechanism Credit Guarantee
In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has launched a project that will help deliver nearly 8,000 tons of fertilizers to… Read more »
April 28
Tanzania: President Suluhu Lauds Partnership With African Development Bank Group At Anniversary to Mark 60 Years of Tanzania, Zanzibar Union
Tanzanian President Dr. Samia Suluhu Hassan has lauded the strong partnership with the African Development Bank Group, praising its contribution to the improvement of Tanzania's… Read more »
April 25
Sudan: African Development Bank Executive Director and Sudanese Envoy Discuss Crucial Support Amid Ongoing Conflict
Ambassador El Gayly Mohamed Abdelhamid, Sudanese Chargé d'Affaires to Cote d'Ivoire, recently paid a courtesy visit to Mr. Rufus N. Darkortey, Executive Director for Sudan… Read more »
April 24
Rwanda: Rwanda - African Development Fund to Provide a Partial Credit Guarantee to Support the Financing of Green and Sustainable Initiatives
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, has approved a partial credit guarantee to support… Read more »
April 17
Somalia: African Development Bank Undertakes Mission to Somalia to Assess Portfolio and Implementation of Development Objectives
The African Development Bank has concluded a three-day mission to Mogadishu, Somalia in preparation for completion of the country's Interim Country Strategy Paper (I-CSP) 2022-2024… Read more »