March 05, 2025
Africa: The African Development Bank and Giz Champion Public Goods As Drivers of African Transformation
The Bank joined with the Deutschen Gesellschaft für Internationale Zusammenarbeit, Germany's Agency for International Cooperation (GIZ) to discuss Global and Regional Public… Read more »
February 17, 2025
Benin: Benin - African Development Bank Invests Eur 80 Million to Modernize and Extend the Autonomous Port of Cotonou
The African Development Bank and the Autonomous Port of Cotonou (PAC) have signed a funding agreement of EUR 80 million to modernize facilities and extend the infrastructure of the… Read more »
February 12, 2025
Africa: African Development Bank and Germany Announce Major Initiatives in Energy Access, Private Sector Development
Germany and the African Development Bank Group announced joint initiatives to accelerate energy access and private sector growth across Africa. The partnership, which was unveiled… Read more »
Africa: Finland Strengthens Collaboration With the African Development Bank Ahead of African Development Fund's 17th Replenishment
Finland reaffirmed its commitment to Africa's development during a visit to the African Development Bank's headquarters in Abidjan, Côte d'Ivoire on 23 January 2025. Led by… Read more »
December 05, 2024
Africa: SACE and African Development Bank Group to Work Together Under the 'Mattei Plan'
SACE, the Italian insurance-financial group specializing in supporting businesses and the national economic system under the Ministry of Economy and Finance, and the African… Read more »
October 25, 2024
Africa: Ireland's President Michael D. Higgins to Deliver 2024 Kofi Annan Eminent Speakers' Lecture
WHAT: 2024 Kofi Annan Eminent Speakers' Lecture Series Read more »
October 28, 2024
Africa: Sweden Commits $4.8 Million to the Capital Markets Development Trust Fund (Cmdtf) to Boost Regional Capital Markets Development
The Government of Sweden will extend a grant of 50 million SEK (roughly $4.8 million) to the African Development Bank's Capital Markets Development Trust Fund (CMDTF). The… Read more »
October 11, 2024
Africa: African Development Bank, Agence Française De Développement Cement Partnership to Support Youth Entrepreneurship in Africa
The African Development Bank Group and Agence Française de Développement(AFD) on Friday announced they would renew their joint efforts to catalyse resources to boost… Read more »
August 21, 2024
Africa: The African Development Bank Group and Its Partners Will Present a Report At World Water Week in Stockholm
What: World Water Week: Presentation of Joint Report Read more »
June 14, 2024
Africa: G-7 Leaders Reaffirm Support for Billion-Dollar Infrastructure Programme for Africa - Pledges More Support to African Development Bank-Backed Initiatives
G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent's economic… Read more »
June 10, 2024
Africa: Switzerland, in Partnership With the African Development Bank Group, Aims to Expand Opportunities for the Swiss Private Sector in Africa
The Swiss private sector would like to play a more substantial role in the African Development Bank's operations in Africa. This desire was expressed during meeting between Bank… Read more »
May 10, 2024
Africa: African Development Bank and Stockholm International Peace Research Institute Partner to Advance Evidence-Based Conflict Prevention and Resilience Building in Africa
On the sidelines of the 2024 Stockholm Forum on Peace and Development, the African Development Bank and the Stockholm International Peace Research Institute (SIPRI) have signed a… Read more »
Africa: Paris Summit Aims to Secure Commitments Toward $4b Needed to Close Clean Cooking Funding Gap for African Women
Development partners gathering in Paris on 14 May are expected to pledge towards the $4 billion needed to provide clean cooking access for 250 million African women by 2030. Read more »
April 05, 2024
Central African Republic: Young People in the Central African Republic Can Now Enter the Digital Professions Thanks to Fibre-Optic Capacities Installed With AfDB and EU Support
The two-storey building in downtown Bangui, the capital of the Central African Republic (CAR), has a futuristic air. First impressions don't deceive: inside, a fully equipped… Read more »
February 02, 2024
Africa: Italy to Collaborate With the African Development Bank Group As It Unveils Its $5.95 Billion Strategic Plan for Africa
Italian Prime Minister Georgia Meloni and the President of the African Development Bank Group Dr Akinwumi Adesina have agreed to work together to strengthen the alliance between… Read more »
January 31, 2024
Africa: Italy Announces $6 Billion Plan to Strengthen Partnership With Africa at Italy-Africa Summit
The government of Italy unveiled a near US$6 billion plan to support African development at a one-day Italy-Africa plan in Rome on Monday. African Development Bank Group President… Read more »
January 28, 2024
Africa: Global Gateway - European Commission and African Development Bank Group Unlock New Funding for African Infrastructure Projects
On the sidelines of this week's Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a new Financial Framework Partnership… Read more »
January 19, 2024
Kenya: African Development Bank and UK Announce Kenya As the Next Beneficiary of Unlocked Climate Finance From the Landmark Room to Run Sovereign Program
The African Development Bank and the United Kingdom have announced the selection of the Transmission Network Improvement Project in Kenya as a beneficiary project under the Room to… Read more »
December 05, 2023
Africa: COP28 - Italy Announces €5 Million Contribution to Sustainable Energy Fund for Africa
Italy has made a new commitment of €5 million to Africa's sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) Special Fund. The Italian Deputy… Read more »
October 12, 2023
Africa: African Development Bank Group Chief Economist Kevin Chika Urama Urges Nordic and Irish Entrepreneurs in to Make Africa Their Business and Investment Destination.
L-R: Prof. Kevin Urama, Chief Economist/Vice President for Economic Governance & Knowledge Management, African Development Bank Group, Ms. Ellen Cathrine Rasmussen, Executive… Read more »
September 11, 2023
Africa: AfDB's Sustainable Energy Fund for Africa Welcomes $50 Million in New Commitments From Germany and USA At Africa Climate Summit
The African Development Bank's Sustainable Energy Fund for Africa (SEFA) welcomes approximately $50 million in new funding contributions from Germany and the United States. The… Read more »
July 18, 2023
Benin: Benin - African Development Bank Group Extends Ꞓ80 Million Loan for Port of Cotonou Upgrading
Support from the African Development Bank for the Port of Cotonou will enable the construction of a new container terminal called "T5", among other things. (© PROSPER… Read more »
July 07, 2023
Africa: Portugal Affirms Partnership With African Development Bank and Lusophone Compact
Portuguese Foreign Affairs Minister João Gomes Cravinho (7th from left) with AfDB Senior Vice President Swazi Tshabalala( to his immediate right) and their teams. African… Read more »
June 30, 2023
Africa: Italy Contributes Eur 5.5 Million to African Development Bank Group's Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to Foster Job Opportunities, Economic Growth
Carolyne Mwangi, CEO of Kimplanter Seedlings and Nurseries in Kenya, received a $100,000 grant and business growth training though the YouthADAPT Challenge, a program co-financed… Read more »
June 20, 2023
Africa: Evolution of Debt Landscape over the past 10 Years in Africa - Keynote Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group Delivered at the Paris Club
Your Excellencies, ladies, and gentlemen. Read more »
