May 08, 2020
Ethiopia: African Development Bank Welcomes $10 Million Clean Technology Fund Investment to Diversify Ethiopia's Energy Mix
The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (CIF), to… Read more »
April 30, 2020
Africa: African Development Bank Helps Ethiopia Work Towards Wheat Self-Sufficiency
The country is already a top African wheat producer, but there is potential for growth. Read more »
Sudan: Women's Farming Group in Sudan Breaks New Ground With Sorghum Seeds
A women's farming group in South Darfur is eyeing business opportunities with a nutritious cash crop. Read more »
April 28, 2020
Africa: African Development Bank Chief Financial Economist Edson Mpyisi Discusses the Locust Crisis in the East and Horn of Africa Regions and the Bank's Work to Help Affected African Nations
A new wave of billions of locusts is set to devour crops across the East and Horn of Africa region, setting off concerns about regional food security and livelihoods of millions of… Read more »
April 02, 2020
East Africa: African Development Bank Approves $1.5 Million Emergency Grant to Curb Desert Locusts Ravaging East and Horn of Africa
The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the… Read more »
March 26, 2020
Ethiopia: African Development Bank-Funded Water Project Spurs Youth Entrepreneurship, Transforms "One Life At a Time."
In a single day last July, Ethiopians turned out in huge numbers to plant more than 350 million trees in what was thought to be the largest tree-planting event in history. Read more »
March 24, 2020
Somalia: New Dawn for Somalia - Arrears Owed to the African Development Bank Group Cleared
Arrears on loans owed by Somalia to the African Development Bank Group have been cleared following the payment in full of $122.55 million by the governments of the United Kingdom… Read more »
March 19, 2020
Seychelles: African Development Bank Supports Blue Economy With $800k Fapa Grant
The African Development Bank has signed an $800,000 grant agreement with the government of Seychelles to support micro, small and medium enterprises (MSMEs) in its Blue Economy… Read more »
March 10, 2020
Sudan: African Development Bank Signs First Private Sector Loan, Dal Group to Receive Up to $75 Million
The African Development Bank has signed an agreement with DAL Group, one of Sudan's largest conglomerates, for the provision of up to $75 million to improve food security and… Read more »
March 08, 2020
Africa: Interview of Dr. Jennifer Blanke, Vice President for Agriculture, Human and Social Development
TAAT initiative participant and Zimbabwean smallholder farmer Gertrude Marisa poses with Dr. Jennifer Blanke in Marisa's field of healthy maize plants. Read more »
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 »
