December 13, 2024
Africa: African Development Bank to Make $30 Million Equity Investment in Africa Finance Corporation to Catalyse Climate Action
The African Development Bank's Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for the rollout of innovative "green shares"… Read more »
December 11, 2024
Africa: Unccd COP16 - Mobilizing Global Action for the African Great Green Wall Initiative
The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD COP16) hosted a high-level event to mobilize political support and scale up… Read more »
November 29, 2024
Togo: Togo - African Development Fund to Provide a Partial Credit Guarantee to Support the Financing of Green and Social Projects
The Board of Directors of the African Development Bank Group has approved a EUR 200 million partial credit guarantee (PCG) to support Togo's inaugural sustainable financing to… Read more »
November 27, 2024
Africa: African Development Bank At the Unccd COP16 in Riyadh - Driving Africa's Land Restoration and Drought Resilience Agenda
What: Sixteenth session of the Conference of the Parties (COP16) to the United Nations Convention to Combat Desertification (UNCCD) Read more »
November 21, 2024
Africa: Benin Unveils Ambitious Climate Action Framework At COP29 to Drive Green Transition and Sustainable Development
The Government of Benin, in collaboration with international financial institutions and development partners, has launched (on 15 November) an ambitious climate action framework to… Read more »
Africa: COP29 - Circular Economy Investments Deliver Social, Economic and Environmental
At the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, Multilateral Development Banks (MDBs) presented their first joint report on the circular economy: "The… Read more »
November 22, 2024
Africa: Bank's Ten-Year Strategy (2024-2033) Hailed As Essential Tool for Combating Climate Change and Protecting Biodiversity
The World Bank Group, the World Wide Fund for Nature (WWF) and other stakeholders have hailed the African Development Bank's Ten-Year Strategy (2024-2033), adopted last May, as an… Read more »
November 20, 2024
Africa: COP29 High-Level Event - Africa's Green and Inclusive Future
What: Presentation and panel discussion on "Africa's Green and Inclusive Future: Climate and Biodiversity Solutions in the African Development Bank's Ten-Year Strategy" at COP29. Read more »
Mauritania: Mauritania - African Development Bank Helps Partners Build Social and Environmental Safeguard Capacities
The African Development Bank ran a capacity-building workshop for its stakeholders in Nouakchott, the capital of Mauritania from November 4-8, on environmental and social safeguard… Read more »
November 19, 2024
Africa: Transformative Climate Finance for Africa - Mobilizing New Partnerships and Ambitions At COP29 in Baku
The African Development Bank, alongside key partners, held a high-level dialogue on innovative climate finance solutions for Africa on the sidelines of COP29, the United Nations… Read more »
November 18, 2024
Africa: African Leaders Welcome Launch of African Development Bank's Technical Assistance Facility to Unlock Climate Finance for Vulnerable Regions
In a major step to address Africa's climate finance gap, the African Development Bank Group has launched a new funding call that will transform the development of climate projects… Read more »
November 15, 2024
Africa: COP29 - African Leaders Urge Rapid Increase in Climate Finance for Adaptation and Green Growth
"We hope to move from millions and billions (of dollars) to the thousands of billions of dollars Africa clearly needs for climate action. The success of this COP, described as the… Read more »
November 19, 2024
Africa: COP29 - Mdbs Double Down On Climate Goals With New Financing and Impact Frameworks
Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate… Read more »
November 14, 2024
Africa: 'Mission 300' Side Event At Baku Climate Change Conference (COP29)
WHAT: 'Mission 300' Side Event at Baku Climate Change Conference (COP29) Read more »
Africa: COP29 Presentation of Report On 'Measuring the Green Wealth of Nations - Natural Capital and Economic Productivity in Africa'
WHAT: COP29 Presentation of Report on "Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa" Read more »
November 13, 2024
Africa: Climate Investment Funds Capital Markets Mechanism Announces Bond Listing On LSE to Boost Climate Finance for Africa
The Climate Investment Funds Capital Markets Mechanism (CCMM) has announced its bond listing programme on the London Stock Exchange, a move that will help to raise new climate… Read more »
Africa: COP29 - Lack of Clean Cooking Access Poses Deadly Risks for Millions in Africa, Leaders Urge Action
African policymakers and international partners meeting at this year's UN Climate Change Conference, COP29 on Tuesday highlighted the urgent crisis posed by lack of access to clean… Read more »
November 12, 2024
Africa: 'Scaling Up Financing for Climate Adaptation and Green Growth in Africa'
WHAT: Africa Day High-Level Side Event at COP29 Read more »
November 08, 2024
Africa: 2024 Kofi Annan Eminent Speakers Lecture - Irish President Calls for Urgent Action On Climate Crisis and Debt Reform to Support Africa's Development
In a powerful address during the 2024 Kofi Annan Eminent Speakers Lecture, President Michael D. Higgins of Ireland emphasized the urgent need for global collaboration to tackle the… Read more »
November 11, 2024
Africa: Climate Change Finance, Natural Capital Accounting By African Countries, Top African Development Bank Group's Agenda At Cop 29
The world's largest annual climate conference opens in Baku, Azerbaijan, on Monday, with African nations ramping up efforts to tackle climate change. At COP29, the African… Read more »
November 07, 2024
Africa: African Development Bank Leads Efforts to Amplify Africa's Climate Priorities At COP29 in Baku
What: African Development Bank Group to participate in COP29 Read more »
Africa: 24th Meeting of the African Water Facility Governing Council
What: 24th Meeting of the African Water Facility Governing Council Read more »
Cote d'Ivoire: Côte d'Ivoire - African Development Bank Grants Loan of Over €24 Million to Improve Fisheries and Aquaculture Sectors, Benefitting Some 700,000 People
The Board of Directors of the African Development Bank Group approved a loan of €24.63 million to Côte d'Ivoire to boost the development of fisheries and aquaculture… Read more »
Africa: African Development Bank Group to Host Virtual Ministerial Meeting On 'Measuring the Green Wealth of Nations - Natural Capital and Economic Productivity in Africa.'
When: 06 November 2024 (virtual) Read more »
November 06, 2024
Africa: African Development Bank Champions Nature-Based Solutions for Sub-Saharan Africa At COP16 Biodiversity Conference
The African Development Bank outlined a strong case for accelerating Nature-based Solutions (NbS) for Climate Resilience in Sub-Saharan Africa during a side event at the recently… Read more »
