March 08, 2020
Africa: In Zanzibar, the African Development Bank Gives a Second Chance to Young Students
Amid the gently swaying palm trees of the Indian Ocean island of Zanzibar sits a school with a difference. The Raha Leo Alternative Learning Centre provides training to young… Read more »
March 04, 2020
Africa: African Development Bank Trains 100 Fashion and Creative Industry Entrepreneurs During Fashionomics Africa Masterclass in Nairobi
The African Development Bank's Fashionomics Africa initiative hosted 110 entrepreneurs from the textile, apparel and accessories industry for a workshop on how to establish a… Read more »
March 02, 2020
Somalia: Somalia and the African Development Bank Group Sign Agreement for Arrears Clearance Support
Somalia's Minister of Finance, Dr. Abdirahman Beileh and the African Development Bank's Vice President for Regional Development, Integration and Business Delivery, Khaled Sherif on… Read more »
February 26, 2020
Somalia: African Development Bank Group Approves Framework to Clear Nation's Arrears
The African Development Bank and African Development Fund today approved a framework for $122.55 million to clear Somalia's arrears, paving the way for the Bank Group to fully… Read more »
February 21, 2020
Kenya: Celebrated Entrepreneur Calls for Better Policies and Resources to Support Youth and Women Entrepreneurship
Multi-award-winning entrepreneur Ahmad Ashkar has called on policymakers to develop better policy options, backed by dedicated resources to support the youth and women to become… Read more »
February 19, 2020
Africa: EAC Hosts the 30th Nepad-Ippf Oversight Committee in Arusha
The New Partnership for Africa's Development Infrastructure Project Preparation Facility (NEPAD-IPPF) held its 30th Oversight Committee meeting for the Special Fund at the… Read more »
February 12, 2020
Africa: African Development Bank Approves $1 Million Grant for Uganda to Stem Ebola Transmission
The African Development Bank has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus. Read more »
February 07, 2020
Kenya: On the Kenya-Tanzania Border, the African Development Bank Eases Trade With One Stop Border Post
On the border between Tanzania and Kenya sits Namanga, a town of 16,000 residents where cross-border trade has thrived thanks to investment in a One Stop Border Post (OSBP). Read more »
January 15, 2020
Senegal: African Development Fund Board Approves $37.2 Million in Credit Risk Participations By the Private Sector Credit Enhancement Facility for Non-Sovereign Operations in Kenya, Sudan and Senegal
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on January 15, 2020, credit risk… Read more »
December 23, 2019
Tanzania: African Development Bank's $55 Million Facility to Jumpstart Private Sector-Led Economic Growth
The African Development Bank has approved a $55 million facility to strengthen implementation of reforms to enhance Tanzania's economic competitiveness and private sector… Read more »
Africa: Sudan - African Development Bank Approves $21.783 Million Grant for Roll Out of Solar-Powered Irrigation
The African Development Bank's Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country's West… Read more »
December 19, 2019
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 »
Sudan: African Development Bank Approves $60 Million Loan to Support Elnefeidi Group's Agricultural Expansion
The African Development Bank's Board of Directors has approved a $60m loan to Elnefeidi Group Holding Company to help finance its long-term agriculture and food expansion… Read more »
December 17, 2019
Madagascar: African Development Bank Approves Guarantee of $100 Million to Hydro-Power Project, to Benefit Over 2 Million People
The Board of Directors of the African Development Bank has approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar, which… Read more »
Burundi: African Development Bank's Sefa Grants $1 Million to Support Innovative Solar-Hydro Hybrid Project
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in… Read more »
December 13, 2019
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 »
December 12, 2019
Africa: Cop 25 - Kenya Experience Suggests Gender Equality Is Best Path to Achieve SDGs
Stakeholders at COP25 climate talks, citing Kenya's example, called on developing countries to boost women's involvement in the fight against climate change. Without gender… Read more »
December 10, 2019
Rwanda: African Development Bank and Partners Inaugurate Shango Power Substation in Rwanda to Facilitate Access to the Regional Electricity Market
The African Development Bank, Embassy of Germany in Rwanda and the KfW Development Bank joined the Government of Rwanda to inaugurate the high voltage 188 MVA Shango power… Read more »
November 22, 2019
South Sudan: South Sudan - African Development Bank-Financed Upgraded Juba Power Distribution System Comes Onstream
The government of South Sudan on Thursday commissioned a $38 million upgraded power distribution system financed by the African Development Bank to restore reliable electricity… Read more »
November 04, 2019
East Africa: Horn of Africa Countries Launch Regional Initiative As Peace Dividend Beckons, $15 Billion Investment On the Cards
Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region. Read more »
October 14, 2019
Madagascar: African Development Bank Launches Africa Disaster Risk Financing Programme
The African Development Bank, in partnership with the Government of Madagascar and the African Risk Capacity (ARC), has launched the Africa Disaster Risks Financing Programme… Read more »
October 11, 2019
Ethiopia: 2019 Nobel Peace Prize Winner - Abiy Ahmed Ali, Prime Minister of Ethiopia
'I am delighted and proud that Prime Minister Abiy Ahmed has been awarded the Nobel Peace Prize. Read more »
Africa: African Development Bank Approves $31.3 Million Grants for Water and Sanitation Facilities
The African Development Bank Group on 9 October, 2019 approved an African Development Fund (ADF) grant of $30 million and a $1.3 million grant from the Rural Water Supply and… Read more »
September 20, 2019
South Sudan: Bank Approves $17.7 Million for First Education Project
The Board of the African Development Bank approved a proposal for $17.7 million on 5 September, 2019 to finance the first social sector project in South Sudan since the Bank's… Read more »
September 19, 2019
Rwanda: Rwandan Women Making a Difference At Water Treatment Plant
About 30 minutes' drive outside Kigali, the tidy capital of Rwanda, past lush forests, marshland and makeshift roadside stores advertising their offerings on hand-painted signs, a… Read more »