Sudan: African Development Bank, WFP Project Boosts Wheat Production in War-Torn Sudan Amid Soaring Hunger

An emergency wheat production project in Sudan financed by the African Development Bank and executed by the United Nations World Food Programme (WFP) has increased wheat production… Read more »

Ethiopia: African Development Bank Group, Ethiopia Launch $94 Million Project to Boost Climate Resilient Wheat Value Chain Development in Ethiopia

The African Development Bank Group and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the Global Center on Adaptation (GCA),… Read more »

East Africa: African Development Bank Appoints Dr. Léandre Bassole As Deputy Director General for East African Region

The African Development Bank has appointed Dr. Léandre Bassole, a seasoned economic development specialist, as Deputy Director General for the East African Region, effective… Read more »

Rwanda: African Development Bank and Rwanda Sign Partial Credit Guarantee Agreement to Support Green and Social Initiatives

The African Development Bank and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda's mobilisation of financing for green and social… Read more »

Djibouti: Annual Meetings 2024 - Comoros, Djibouti, Somalia and South Sudan Join $35 Million African Development Bank Climate Disaster Risk Financing Project

The African Development Bank Group Vice President for Agriculture, Human and Social Development joined finance ministers and representatives from Comoros, Djibouti, Somalia and… Read more »

East Africa: African Development Bank Annual Meetings - Vice President Akin-Olugbade Hails Horn of Africa Initiative Milestone of $10 Billion in Portfolio Commitments

African Development Bank Group Vice President Marie-Laure Akin-Olugbade has commended the Horn of Africa Initiative for reaching $10 billion in total commitments in its nearly five… Read more »

Uganda: Securing Water Futures - Climate-Proofing Uganda's Urban Water Systems

Uganda is renowned for its lush landscapes and abundant water sources, but climate change is creating a severe threat to urban water systems. Increasingly, the impact of variable… Read more »

Sudan: African Development Bank Reaffirms Support for Sudan Amid Civil Conflict

The African Development Bank has reassured Sudan of its continued support in providing humanitarian and economic assistance, while addressing other priority needs amid the… Read more »

Mauritius: Mauritius - The African Development Bank Grants $240 Million Loan to Support Economic Diversification and Competitiveness

The Board of Directors of the African Development Bank Group approved a loan of $240 million to Mauritius in Abidjan on 22 May 2024 to implement the second phase of the Economic… Read more »

Ethiopia: Ethiopia - African Development Fund Approves Nearly $43 Million to Boost Access to Finance and Non-Financial Services for Ethiopian Youth and Women-Led Msmes

The Board of Directors of the African Development Fund - the African Development Bank Group's concessional financing window - approved a grant of $42.86 million to Ethiopia on 22… Read more »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »