April 06, 2023
Somalia: Bank-Funded Water and Sanitation Project Improving Livelihood in Somaliland
On March 22 as the global community marked World Water Day, residents of a small town in Somaliland also had reason to celebrate. Read more »
Eritrea: Eritrea - The African Development Bank Board Approves U.S.$49.92 Million to Build a 30 Mw Solar Photovoltaic Power Plant in Dekemhare
Financing Read more »
March 29, 2023
Mauritius: African Development Bank Approves $147 Million in Subordinated Debt to the Mauritius Commercial Bank to Bolster Capital Base and Drive Loan Portfolio Growth
The Board of the African Development Bank Group has approved $147 million in subordinated debt to the Mauritius Commercial Bank Ltd (MCB) to enhance its capital base and mobilize… Read more »
March 21, 2023
Kenya: Kenya - African Development Bank Approves $30 Million Trade & SME Finance Facility for Family Bank Limited
The Board of Directors of the African Development Bank Group has approved a $30 million Trade & SME Finance Facility for Family bank Limited (FBL) in Kenya. The facility is… Read more »
February 21, 2023
Africa: Mauritius - African Development Bank Assessment Report Paves the Way for Further Reforms to Public Procurement System
Mauritius has enhanced its public procurement system recently and is working with the African Development Bank to drive further reform. Read more »
February 17, 2023
Africa: Public Procurement in Mauritius Shows Progress, but Room Remains for Improvement - African Development Bank Assessment
Mauritius has made critical strides in its public procurement system, but additional reforms are needed, according to an assessment report the African Development Bank released to… Read more »
February 14, 2023
Africa: Madagascar - African Development Fund's Agriculture Rehabilitation Project Boosts Farmers' Income
In Madagascar, a project co-funded by the African Development Fund has given new impetus to agricultural activity in the South-West region. Read more »
February 15, 2023
Kenya: Kenya - The African Development Bank's Coding for Employment Program Opens Second Center of Excellence to Boost Youth Digital Skills
The African Development Bank has opened a second Information and Communications Technology Centre of Excellence at the United States International University-Africa in Nairobi.… Read more »
February 09, 2023
Africa: Webinar On the Outcomes of Mauritius' Public Procurement System Evaluation Using Maps
What: Webinar on the findings and recommendations of an assessment of public procurement in Mauritius Read more »
January 24, 2023
Ethiopia: Whistles and Whips - Technologies for African Agricultural Transformation Program Results in Sounds of Success in Ethiopia's Lowlands
(Korofto, Adama District, Ethiopia) If the shrill sounds of policemen's whistles echoing across Ethiopia's Awash River Valley do not seem out of place, the crack of whips in the… Read more »
January 06, 2023
Sudan: New Data Collection Tool Launched in Sudan
A group photo of Stakeholders of Bank-financed projects at the RASME training Read more »
December 22, 2022
Mauritius: African Development Bank Approves $40 Million Trade Finance Package to Bank One Limited Mauritius
The Board of Directors of the African Development Bank Group has approved a $40 million Trade Finance Package in favor of Bank One Limited of Mauritius. The financial package… Read more »
December 16, 2022
Africa: Mauritius - African Development Bank to Help Build Sustainable Infrastructure and Economic Resilience
For 2022-2027, the African Development Bank's main objective is to support Mauritius' ambitions to become a high-income country by 2030. Read more »
December 15, 2022
Rwanda: Rwanda - In Kigali, World Circular Economy Forum Paves the Way for African Leadership Toward a Circular Future
Rwanda's Minister of Environment Jeanne d'Arc Mujawamariya and African Development Bank Country Manager Aissa Toure Sarr with members of the Bank's WCEF organizing team in Kigali Read more »
December 13, 2022
Africa: Sudan - African Development Bank Group Commits Nearly $74 Million to Boost Wheat Production
Daf'Allah Mohamed Ahmed is one of more than 1,400 farmers and stakeholders taking part in the TAAT program, set to expand under the African Emergency Food Production Facility… Read more »
December 08, 2022
Ethiopia: Ethiopia - Sustainable Energy Fund for Africa Provides $10 Million Grant to Support Tulu Moye Geothermal Resource Development
The African Development Bank's SEFA is supporting the Tulu Moye Geothermal project in Ethiopia with $10m. Read more »
December 05, 2022
Ethiopia: Ethiopia - African Development Bank's New 2023-2027 Strategy to Help Spur Economic Transformation
The key objective of the Country Strategy Paper 2023-2027 is to support Ethiopia in expanding inclusive and sustainable growth through agro-industrialization Read more »
December 02, 2022
Uganda: Uganda - African Development Bank Group Commits $301 Million to Renovate the Country's Meter Gauge Railway and Bolster Regional Trade
The African Development Bank is providing $300 million to refurbish metre-gauge railway lines in Uganda Read more »
November 30, 2022
Ethiopia: Ethiopia - African Development Fund Approves $13.95 Million Grant for Borana Resilient Water Development for Improved Livelihoods Program
The African Development Fund is working to improve the livelihoods of pastoralists in Ethiopia's drylands Read more »
November 17, 2022
Africa: Addis Ababa "Beautifying Sheger" River Development Project
Perched more than 2,000 meters above sea level on the high plateaus bordering the Great Rift Valley, Addis Ababa, the capital of Ethiopia, is surrounded by majestic mountains. Read more »
November 16, 2022
East Africa: African Development Bank Predicts Economic Slowdown in East Africa in 2022, but Bounce Back in 2023
The African Development Bank has released its latest East African Economic Outlook, predicting a slow recovery in the region in 2022 at 4.0 percent against 5.1% in 2021. Read more »
November 11, 2022
Southern Africa: African Development Fund Invests Over $6 Million to Develop the Pharmaceutical Sector in Southern and Eastern Africa
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, on 2 November 2022 in Abidjan, approved a $6.63 million… Read more »
October 26, 2022
East Africa: Launch of East Africa Regional Economic Outlook 2022
What: Launch of East Africa Regional Economic Outlook 2022 Read more »
October 22, 2022
Burundi: Burundi - $23 Million From the African Development Bank Group to Develop the Agro-Pastoral Sector for the Youth and Women
The Board of Directors of the African Development Bank Group has greenlighted the award of a $23.26 million grant to Burundi to implement the Agro-Pastoral Entrepreneurship and… Read more »
October 21, 2022
Comoros: Comoros - African Development Bank Provides Nearly €6 Million to Boost Food Production
The Board of Directors of the African Development Bank Group has approved a €5.76 million grant to the Comoros to increase food production and enhance the resilience of its… Read more »