December 19, 2022
Africa: Côte d'Ivoire - African Development Bank, Africa Finance Corporation, German Investment Corporation and Emerging Africa Infrastructure Fund Reach Financial Close On €174.3 Million Singrobo Hydropower Plant
Financing for the Singrobo-Ahouaty 44-megawatt hydropower project in Côte d'Ivoire has reached financial close with the African Development Bank Group as mandated lead… Read more »
November 23, 2022
Africa: COP27 - Sustainable Energy Fund for Africa Secures $64 Million in New Funding From Norway and Geapp
African Development Bank President Adesina (left) with GEAPP's Africa Executive Director, Joseph Nganga, following the grant announcement Read more »
November 17, 2022
Africa: COP27 - Spain, Swiss Confederation Announce Eur 10 Million Support to African Development Bank Group's Urban and Municipal Development Fund
In partnership with the African Development Bank Group, the Swiss Confederation through the Swiss State Secretariat for Economic Affairs (SECO) and Spain today at COP 27 announced… Read more »
November 16, 2022
Africa: COP27 - Germany Commits €40 Million to African Development Bank Group's Climate Action Window Initiative for Fragile African States
Germany has committed €40 million to the African Development Bank Group's Climate Action Window, German State Secretary for Economic Cooperation and Development Jochen… Read more »
November 08, 2022
Africa: UK Steps Up Climate Adaptation Finance Support for Africa
The United Kingdom has announced a significant increase in its financial support to the poorest African countries that bear the brunt of climate change. Read more »
Africa: African Union Welcomes the Netherlands' Contribution of Eur 110 Million for the Africa Adaptation Acceleration Program At COP27
The African Union (AU) welcomed the Netherlands' contribution of EUR 110 million in support of the Africa Adaptation Acceleration Program (AAAP) ahead of the COP27 Leaders' Event… Read more »
October 20, 2022
Africa: African Development Bank, United Kingdom and London Market Insurers Enter New Risk Transfer Partnership for Climate Action
The African Development Bank, the government of the United Kingdom and three globally recognized insurance companies have closed on a new and innovative risk sharing transaction… Read more »
October 11, 2022
Africa: Sweden Reassures AfDB President of Continued Strong Support for Africa
African Development Bank Group President Dr Akinwumi Adesina bolstered continued strong support for the institution and its development initiatives recently from one of the group's… Read more »
October 03, 2022
Africa: African Development Bank Chief Visits Norway - Shore Up Continued Support for Solutions to Africa's Development Challenges
In the face of a looming food crisis that could hit Africa and other parts of the world on account of Russia's war in Ukraine, Norway this week announced that it is providing 100… Read more »
September 26, 2022
Africa: African Development Bank Sponsors Study Visit to Two Scandinavian Cities for Municipal Officials of 11 African Cities
Representatives of 11 African cities have begun a visit to two Scandinavian cities to learn about people-centred solutions to urban planning and development under a trip sponsored… Read more »
September 23, 2022
Africa: Japan, UK Keen to Channel IMF Support Through Top African Lender
Five nations mulling option of channeling SDRs, AfDB head says Read more »
September 05, 2022
Africa: African Development Bank and Portugal Sign Eur 400 Million Guarantee Agreement to Underpin Lusophone Compact
The African Development Bank and the Portuguese government have signed a guarantee agreement to be extended to the African Development Bank under the Lusophone Compact. The Compact… Read more »
July 08, 2022
Senegal: African Development Bank Extends €121 Million Food-Production Loan to Senegal to Cushion Impacts of War in Ukraine
The Board of Directors of the African Development Bank Group today approved a €121 million loan to Senegal for implementation of an emergency agricultural programme that will… Read more »
July 04, 2022
Africa: Invest More in Africa--Akinwumi Adesina Urges Keen Irish Business Community
Since joining the African Development Bank Group as its 81st shareholder in 2020, Ireland has shown steadily increasing interest in strengthening its economic ties with Africa.… Read more »
June 16, 2022
Africa: President Adesina to Attend 2022 Commonwealth Business Forum in Kigali
What: Commonwealth Business Forum (part of the Commonwealth Heads of Government Meeting) Read more »
June 10, 2022
Ghana: Ghana - Economy Shows Signs of Rebound, but Covid-19 and the Ukraine-Russia Crisis Will Test Resilience and Inclusivity - - Report
Ghana has enjoyed two decades of steady growth, but the impact of the Covid-19 pandemic and the Ukraine-Russia crisis could dent economic prospects, according to an African… Read more »
May 26, 2022
Africa: Ghana Signs Grant Agreement With African Development Fund, Government of Switzerland, to Support Development of Mini-Grids and Solar PV Net Metering
The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini Grid and… Read more »
April 27, 2022
Nigeria: Nigeria Top Priority Under African Development Bank Africa Emergency Food Plan
The head of the African Development Bank, Dr. Akinwumi Adesina, met with Nigerian President Muhammadu Buhari in Abuja on Tuesday to discuss the impact of the Russia-Ukraine war and… Read more »
April 15, 2022
Africa: UN Report - 41 Countries in Africa Face Maximum Exposure in 'Three-Dimensional Crisis' As a Result of War in Ukraine
Antonio Guterres unveils six champions including African Union chair Macky Sall to drive global action Read more »
April 04, 2022
Africa: It's High Time Africa Started Feeding Itself in the Wake of the Russia-Ukraine War, Dr Akinwumi Adesina Tells 'The National'
The sudden shortage of wheat, maize and other grains imported from Russia and Ukraine could spark civil unrest in Africa as food supply chains are tested again on the heels of a… Read more »
March 25, 2022
Africa: Out of Ukraine War, a Plan for Africa's Food Security
* Any views expressed in this opinion piece are those of the author and not of Thomson Reuters Foundation. Read more »
March 29, 2022
Africa: African Development Bank Group President Commences Three-Day Visit to the UAE
The Bank Group chief is expected to meet with His Highness Sheikh Maktoum Bin Mohammed Al Maktoum, Minister of Finance of the United Arab Emirates. Read more »
March 22, 2022
Africa: Ukraine War Threatens Food Crisis and Political Upheaval Across Africa, Warns Top Economist
The continent is deeply reliant on cereals imports Read more »
February 16, 2022
Africa: African Development Bank Group President Attends 6th European Union-African Union Summit
Who: African Development Bank Group Read more »
February 17, 2022
Senegal: Senegal's Macky Sall and France's Emmanuel Macron Commit to Stronger Europe-Africa Partnership
The Senegalese and French presidents yesterday committed to stronger Europe-Africa partnership and to empowering youth. Read more »