October 12, 2018
East Africa: African Development Bank Approves Strategy to Accelerate Transformation of Eastern Africa
The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap for accelerating regional integration in the Region with… Read more »
October 10, 2018
Kenya: Kenya Goes All Out for Renewable Energy
Kenya has taken less than a decade to make giant strides in its energy sector. Key to this are two iconic renewable energy projects that have benefited from the decisive support of… Read more »
October 04, 2018
Ethiopia: Ethiopian President Opens African Statisticians Meeting
Ethiopian President Dr. Mulatu Teshome, officially opened the sixth meeting of the Statistical Commission for Africa and the 13th Africa Symposium on Statistical Development… Read more »
October 03, 2018
Africa: 2018 African Economic Conference, Kigali, Rwanda, to Focus On Regional and Continental Integration for Africa's Development
The African Economic Conference (AEC) will hold its thirteenth edition from 3-5 December 2018 in Kigali Rwanda, under the theme: Regional and Continental Integration for Africa's… Read more »
October 01, 2018
Madagascar: African Development Bank Investments Transform Madagascar's Key Rice Regions
Key Facts: Read more »
Rwanda: African Development Bank Injects $266 Million Into Rwanda's Electricity Expansion Project
The African Development Bank has approved a loan of $266 million to support Rwanda's program to improve electricity supply reliability and expand access to electricity as part of a… Read more »
August 23, 2018
Kenya: Small-Scale Horticulture Project Transforming Lives in Kenya
Kenya has one of the most dynamic and innovative economies in sub-Saharan Africa. A decade after going through a food crisis and in the aftermath of the drought in 2016-2017, the… Read more »
July 27, 2018
Sudan: African Development Bank Signs Us$41 Million Grant Agreement for Sudan's Agriculture Value Chain Development Project
The African Development Bank on Thursday signed a US$41-million grant agreement with Republic of Sudan to finance a public sector Agriculture Value Chain Development Project in the… Read more »
July 24, 2018
Uganda: Consortium Delivers Bujagali Refinancing to Reduce Ugandan Electricity Costs
A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than USUS$400 million loans of Bujagali Energy Limited… Read more »
July 23, 2018
Africa: In Kenya, African Development Bank Marks a Milestone in Financing Clean Energy On the Continent
Excited by the success of the Menengai geothermal power projects in Kenya, African development Bank plans to increase the share of its clean energy-financing portfolio to 100%. The… Read more »
Africa: Development in Action - Expansion of Nairobi's Outer Ring Road Reduces Traffic Congestion, Public Commute Times
Commuting time reduced from 2 hours to 10 minutes Read more »
July 20, 2018
Uganda: SME's Will Benefit From a Us$20-Million African Development Bank Loan to Uganda Development Bank
The African Development Bank has approved a US$20 million loan to the Uganda Development Bank Limited (UDBL), the first development finance institution established by the… Read more »
Africa: Tanzania to Receive U.S.$ 123 Million African Development Bank Loan to Finance Power Transmission Line Project
The African Development Bank approved on Friday 20 July 2018, a loan of US$ 123.39 million to the United Republic of Tanzania to finance part of the country's North- West Grid 400… Read more »
July 19, 2018
Africa: Africa50 Meeting - Kenyatta and Adesina Call for Accelerated Private Sector Investment in Infrastructure
President Uhuru Kenyatta has made an urgent call for developing and funding bankable infrastructure projects to drive Africa's growth agenda. Read more »
Africa: President Adesina in Kenya to Support Africa's Investment Agenda
The President of the African Development Bank, Dr Akinwumi Adesina is in Kenya on a state visit from -19-21 July 2018 to participate in high-level activities aimed at strengthening… Read more »
July 11, 2018
Tanzania: Tanzania's Economic Reform Program Receives African Development Bank's Support
Tanzania's ongoing macroeconomic reform program has received a boost from the African Development Bank through a US$40- million budget support loan to be provided by the African… Read more »
July 10, 2018
Africa: Africa50 to Announce New Shareholders and Investment Updates At General Meeting in Nairobi On 19 July
Africa50, the pan-African infrastructure platform, will host its third General Shareholders Meeting (GSM) in Nairobi, Kenya on 19 July at Villa Rosa Kempinski Hotel. President… Read more »
June 25, 2018
Africa: African Development Bank Approves U.S. $62 Million Loan for Delivery of Water and Sanitation to Strategic Towns
In a bid to help Uganda improve heath and productivity in the country's major towns, the African Development Bank has approved a US$ 62-million concessional loan to finance its… Read more »
June 21, 2018
Africa: With Alsf Support, Seychelles Launches Tender for the Development of a 4-Mw Solar PV Plant
With the support and technical guidance of the African Legal Support Facility (ALSF), and in the context of the Africa Energy Forum held in Mauritius, Seychelles Minister of… Read more »
June 19, 2018
Africa: African Development Bank Invests in Sudan Agribusiness
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National… Read more »
June 08, 2018
Africa: The African Development Bank and the Climate Investment Funds Support Their First Private Sector-Led Geothermal Power Plant in Kenya
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean… Read more »
June 06, 2018
Sudan: African Development Bank Supports Agricultural Value Chain Development to Improve Household Incomes and Food Security in the Sudan
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National… Read more »
May 30, 2018
Somalia: Italy Ramps Up Support for Somalia's Infrastructure, Contributes €1 Million to Somalia Infrastructure Fund
The African Development Bank, on May 28, 2018 in Mogadishu, participated in a signing ceremony that occasioned Italy's contribution of €1 million to the Somalia Infrastructure… Read more »
May 17, 2018
Africa: Bank Group Organizes a Workshop for Sharing Best Practices in Somalia's Electricity Industry
The African Development Bank and the Federal Government of Somalia concluded a two-day (26-27 April 2018) consultation and knowledge-sharing workshop on "Regulating the Somalia… Read more »
May 07, 2018
Africa: Accelerating Agri-Business Development in Ethiopia With the Agriculture Fast Track Fund
The African Development Bank has signed two grant agreements to finance agri-business development projects through the Agriculture Fast Track Fund. Read more »