June 23, 2023
Africa: African Development Bank Receives Five Awards From Emea Finance for Its Achievements in Debt Capital Markets
The African Development Bank has received five awards in the 2022 Achievement Awards organized by EMEA Finance. The awards were announced on Thursday 8 June 2023 in London. Read more »
May 26, 2023
Senegal: United Kingdom Announces First Water Infrastructure Resilience Projects in Egypt and Senegal Under Its Room2run Guarantee Program
Andrew Mitchell, UK Minister of State for Development and Africa (left); Rania Al-Mashat, Egypt's Minister of International Cooperation; Oulimata Sarr, Senegal's Minister of… Read more »
April 15, 2023
Africa: African Development Bank, European Union, and France Invest $300 Million in Tanzania's Hydropower Project
Kakono Hydropower Project to serve four million inhabitants and spur economic activity in the Kagera Region of Tanzania Read more »
March 29, 2023
Africa: Africa's 2030 Universal Electricity Access Goal - 'Clock Running Out,' Says Adesina in Berlin
African Development Bank Group President Dr Akinwumi Adesina has told a high-level international conference in Berlin that urgent action is needed to reduce the world's dependence… Read more »
March 09, 2023
Africa: The African Development Bank Issues Inaugural Green Bond in the Norwegian Krone Market
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), has issued a 1 billion Norwegian krone (NOK) 5-year Green Bond due… Read more »
Africa: The African Development Bank Issues Inaugural Green Bond in Norwegian Krona Market
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Japan Credit Rating, all stable), has issued a 1 billion Norwegian krona (NOK) 5-year Green Bond due… Read more »
February 08, 2023
Africa: Ireland and Austria Join Africa Climate Change Fund As Donors With an Initial €3 Million Contribution
Ireland and Austria have joined the African Development Bank's Africa Climate Change Fund (ACCF) with contributions of €2 million and €1 million, respectively, to support… Read more »
January 25, 2023
Africa: African Development Bank Group Team Meet Swiss Envoys From West Africa to Discuss Africa's Development Agenda
Meeting between AfDB delegation and Swiss ambassadors in the West Africa region, Friday 23 January 2023, Abidjan, Cote d'Ivoire Read more »
January 17, 2023
Africa: Africa Fertilizer Financing Mechanism welcomes $10.15 million from the Norwegian Agency for Development Cooperation to boost fertilizer supply to 850,000 African smallholder farmers
The Africa Fertilizer Financing Mechanism (AFFM) has welcomed $10.15 million in new funding from the Norwegian Agency for Development Cooperation (NORAD). The financing will… Read more »
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 »
