November 21, 2023
Africa: African Development Bank Approves $10 Million Investment in Dhamana Guarantee Company Limited, East Africa
The Board of Directors of the African Development Bank Group has approved a $10 million equity investment in Dhamana Guarantee Company Limited to support the use of capital markets… Read more »
November 17, 2023
Kenya: Kenya - Africa Fertilizer Financing Mechanism Commits More Than $2 Million to Improve Farmers' Access to Fertilizers
Project will increase food production, income, and job creation for Kenyan smallholder farmers Read more »
Africa: Seychelles - African Development Bank Grants a Loan of Usd 33 Million to Sustain Inclusive Green Growth and Reinforce Climate Resilience and Environmental Sustainability
The African Development Bank will support Seychelles' efforts to promote budget viability by improving tax revenues and strengthening public-sector governance. Read more »
November 16, 2023
East Africa: Capacity Building Workshop On the Continental Nutrition Accountability Scorecard (Cnas) for Eccas and Comesa Regions
What: Capacity Building Workshop on the Continental Nutrition Accountability Scorecard (CNAS) for ECCAS and COMESA Regions Read more »
Africa: AfDB Issues Statement on Illegal Arrest of Staffers In Ethiopia
On 31 October 2023, two staff members of the African Development Bank Group based in Addis Ababa were unlawfully arrested, physically assaulted, and detained for… Read more »
Ethiopia: Statement By the African Development Bank Group Following the Illegal Arrest of Its Staff in Ethiopia
On 31 October 2023, two staff members of the African Development Bank Group based in Addis Ababa were unlawfully arrested, physically assaulted, and detained for many hours by… Read more »
October 30, 2023
Africa: Ethiopia Set to Host the 2023 African Economic Conference
The stage is now set for the 2023 African Economic Conference, jointly organized by the African Development Bank, the Economic Commission for Africa (ECA) and the United Nations… Read more »
October 27, 2023
East Africa: African Development Bank Launches Capacity Building Initiative to Enhance Trade in East Africa
The African Development Bank is partnering with the East African Community (EAC) Secretariat and the United Nations Conference on Trade and Development to launch a capacity… Read more »
October 20, 2023
Tanzania: Tanzania - African Development Bank Supports Small Horticultural Businesses With $2.5 Million Grant
Some 10,000 operators in Tanzania's horticultural value will receive financial support from the African Development Bank. Read more »
October 19, 2023
Rwanda: African Development Bank Commits Over $23 Mln to Rwanda's New Aviation Centre of Excellence
The Board of Directors of the African Development Bank Group has approved a $23.6 million loan for the construction and equipment of a new aviation training facility in the Rwandan… Read more »
October 12, 2023
Uganda: Uganda - Africa Fertilizer Financing Mechanism to Boost Farmers' Access to Fertilizers With Nearly $2.9 Million in Credit Guarantees and Grant Funding
The credit guarantee will support increased fertilizer availability in Uganda. Read more »
October 11, 2023
Africa: Burundi - The African Development Bank Grants Over Usd 13 Million to Tackle Climate Change Impacts Through Water Security
The African Development Bank signals its return to the water sector in Burundi by providing over 80 percent of the funding for the Water Sector and Climate Resilience Building… Read more »
October 06, 2023
Africa: Kenya, African Development Bank Group Sign Memorandum On Hosting 2024 Annual Meetings in Nairobi
From left to right: Dr Chris Kiptoo, Principal Secretary, National Treasury; Prof Vincet O. Nmehielle, Secretary General, African Development Bank Group; Prof Njuguna Ndung'u,… Read more »
Africa: Remarks By Secretary-General Vincent Nmehielle, Signing Ceremony of the Memorandum of Understanding On the 2024 Annual Meetings, Nairobi
6 October 2023, Nairobi, Kenya Read more »
October 03, 2023
Madagascar: Madagascar - African Development Bank and the Government Join Forces to Secure Water Access and Strengthen Climate Change Resilience
The African Development Bank and Madagascar's Ministry of Water, Sanitation and Hygiene have launched the preparation stage of a project to protect and develop water resources and… Read more »
October 04, 2023
Somalia: Somalia - African Development Bank Group Approves $13.3 Million Grant to Help Improve Domestic Revenue Mobilisation and Public Expenditure Management
The Board of Directors of the African Development Bank Group on 2 October 2023 approved a grant of $13.29 million to Somalia to help improve domestic revenue mobilization and… Read more »
October 02, 2023
East Africa: East Africa Civil Society Regional Forum
What: East Africa Civil Society Regional Forum Read more »
September 18, 2023
Madagascar: Madagascar - African Development Bank Launches Digital Platform to Drive Business Linkages.
Representatives of the Malagasy private sector during the presentation of the digital platform that will help them build business relationships. Read more »
September 14, 2023
Africa: Mauritius - African Development Bank Affirms Commitment to Continent's Tourism Sector At UN Tourism Conference
Leila Mokkadem, DG Southern Africa with Mauritius Deputy Prime Minister Louis Steven Obeegadoo Read more »
September 13, 2023
Africa: Ethiopia - African Development Bank Approves $ 104 Million in Funding to Improve Power Supply in Eastern Ethiopia
The funding from the African Development Fund and Korea's Economic Development Cooperation Fund will contribute to improving the power grid in eastern Ethiopia, benefiting… Read more »
September 08, 2023
Africa: African Leaders Commit to Pursue Green and Inclusive Growth--Nairobi Declaration
African leaders ended the three-day Africa Climate Summit with a call to the global community to act with urgency in reducing emissions, honour a commitment to provide $100 billion… Read more »
September 04, 2023
Africa: Africa's Youth Biggest Asset for the Continent and the World, Say Kenya's President Ruto and African Development Bank's Adesina
Hundreds of young people from across Africa are demanding a significant role in decision making for climate action. Read more »
Eritrea: Eritrea's Msilam Dam to Bolster Food Security and Change Lives for the Better
Eritrea has a long coastline on the Red Sea but limited fresh water. Its erratic rainfall has left most of the country arid. This is a challenge for Eritreans who depend on… Read more »
September 01, 2023
Eritrea: African Development Bank Group and Eritrea Strengthen Partnership for Growth
Eritrea looks to the African Development Bank as a partner of choice, says President Isaias Afwerki Read more »
August 25, 2023
Africa: Burundi - The Port of Bujumbura Will Soon Be Renovated and Modernized Thanks to Funding From the African Development Bank Group and the European Union
A partial aerial view of the Port of Bujumbura, which is about to be renovated and modernized. Read more »