May 22
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 »
April 11
Africa: African Development Bank President Adesina to Co-Chair Clean Cooking in Africa Summit With Leaders of Tanzania, Norway and International Energy Agency
The African Development Bank Group President Dr Akinwumi Adesina will co-chair the upcoming Summit on Clean Cooking in Africa alongside President Samia Suluhu Hassan of Tanzania,… Read more »
April 08
Africa: Africa Fertilizer Financing Mechanism to Launch Fertilizer Financing for Sustainable Agriculture Management Project in Kenya
What: Launch of the Fertilizer Financing for Sustainable Agriculture Management Project in Kenya Read more »
April 05
Kenya: Media Registration for African Development Bank Group's Annual Meetings - Nairobi, Kenya, 27-31 May 2024
The African Development Bank Group will hold its 2024 Annual Meetings at the Kenyatta International Conference Center in Nairobi, from 27 to 31 May. Up to 3,000 delegates,… Read more »
March 28
Kenya: Rasme Launch in Kenya to Improve Implementation of Bank Projects
The Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) initiative was launched in Kenya recently. Kenya now joins 31 other regional member countries where RASME has… Read more »
March 26
Kenya: African Development Bank Champions Private-Public Partnerships and Good Governance for Universal Water Access in Kenya
Kenya's Water and Sanitation Investors Conference 2024, held in the capital, Nairobi, concluded with a call for accelerated investment towards universal access to water and… Read more »
Burundi: Burundi - African Water Facility Approves €2 Million for Multipurpose Water Resources Development
The African Water Facility has approved a grant of about €2 million to Burundi for the "Development of Water Resources and the Ruvyironza Multi-Purpose Dam (PRODERER)" project… Read more »
East Africa: Burundi - African Development Bank Director General for East Africa Commends Progress of Bank-Funded Projects
The Director General of the African Development Bank for East Africa, Nnenna Nwabufo, has expressed satisfaction with the implementation of projects funded by the Bank in Burundi. Read more »
March 25
Africa: Regional and International Leaders From the Private Sector, Government and Academia Gather in Addis Ababa to Tackle Barriers to Africa's Capability to Manufacture Its Own Medicines and Vaccines
One hundred leaders from the African continent and outside the region, including from the United States and Europe, gathered today in Addis for a two-day conference focused on… Read more »
March 17
East Africa: Burundi - Official Visit By AfDB Director General for East Africa
What? Visit by Ms Nnenna Nwabufo, Director General of the African Development Bank for East Africa Read more »
March 04
Rwanda: Rwanda -The African Development Fund Commits $12 Million to the Rapid Operationalization of the African Pharmaceutical Technology Foundation (Aptf)
The Board of Directors of the African Development Fund approved, in Abidjan on 27 February 2024, $11.96 million Grant to speed up the establishment of the African Pharmaceutical… Read more »
February 27
East Africa: African Development Bank Approves $150 Million Regional Trade Finance Unfunded Risk Participation Agreement Facility for Eastern and Southern African Trade & Development Bank (Tdb)
The Board of Directors of the African Development Bank Group has approved a $150 million Trade Finance Unfunded Risk Participation Agreement facility between the African… Read more »
February 29
Ethiopia: Ethiopia - African Development Fund Grants $46 Million to Improve Access to Water and Sanitation for Pastoral Communities in the Borana Region
The Board of Directors of the African Development Fund in Abidjan on 28 February 2024, donated $46.02 million to Ethiopia to implement Phase 2 of the Borana Resilient Water… Read more »
February 09
South Sudan: African Development Bank to Scale Up Financing to South Sudan in 2024 - VP Marie-Laure Akin-Olugbade
The African Development Bank's Vice President for Regional Development, Integration and Business Delivery, Marie-Laure Akin-Olugbade has concluded a three-day visit to South Sudan. Read more »
South Sudan: African Development Bank, UNHCR Explore Pathways to Support Forcibly Displaced People in South Sudan
During a joint visit to South Sudan, the African Development Bank and UNHCR, the UN Refugee Agency, committed to deepening their collaboration for displaced people and host… Read more »
February 06
Kenya: Kenya - African Development Bank Adopts New 5-Yr Plan to Boost Growth and Human Development
The Board of Directors of the African Development Bank Group on 14th December 2023 approved a new five-year Country Strategy Paper (CSP) for Kenya. Read more »