February 19, 2023
Africa: Sustain Minimum Growth Rate of 7-10 Percent of GDP to Achieve Inclusive Growth and Sustainable Development in Africa, Experts Say At AU Summit
Study will inform recommendations for a development blueprint to help transform Africa's economies and eradicate poverty 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 »
January 18, 2023
Africa: Working Group Meets to Discuss AU-AfDB Study On Driving Inclusive Growth in Africa
The African Union Commission (AUC) and the African Development Bank Group have a concluded a technical session on how to conduct an upcoming joint study on driving development in… Read more »
December 22, 2022
Africa: 2022 Review - Confidence in the African Development Bank Increases!
2022 was a year of renewed confidence in the African Development Bank Group. Contributing countries mobilized and contributed $8.9 billion to replenish the African Development Fund… 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 »
December 17, 2022
Africa: African Leaders and U.S. Government Affirm Commitment to Nutrition Investment for Africa On Margins of U.S.-African Leaders Summit
U.S. Government is committing $760 million to expand and scale agricultural programs that support farmers and communities around the world hit by rising food, fuel, and fertilizer… Read more »
December 09, 2022
Africa: African Development Bank and African Union Commission to Release the 2022 Africa Visa Openness Index
What: Launch of the 2022 Africa Visa Openness Index 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 11, 2022
Southern Africa: African Development Bank Country Managers Hold Discussions With Officials From Southern Africa Development Community Officials
Country managers of the African Development Bank Group and representatives of the Southern African Development Community (SADC) Secretariat last month held a series of discussions… Read more »
November 09, 2022
Africa: Opec Fund and African Development Bank Group Increase Cooperation to Promote Sustainable Development in Africa
The Organization of Petroleum Exporting Countries (OPEC) Fund for International Development and the African Development Bank Group have signed a memorandum of understanding to… 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 »
November 04, 2022
Africa: Keizai Doyukai, African Development Bank Group Sign Letter of Intent to Strengthen Cooperation and Business Ties Between Japan and Africa
KEIZAI DOYUKAI, or the Japan Association of Corporate Executives today signed a statement of intent with the African Development Bank Group to foster closer collaboration and to… 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 13, 2022
Africa: European Union-African Development Bank Group High Level Conference On Water Investment
What: European Union-African Development Bank Group High Level Conference on Water Investment 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 04, 2022
Africa: Webinar - Presentation of African Economic Outlook 2022 to Asian Audiences
What: Presentation of the African Development Bank African Economic Outlook 2022: Supporting Climate Resilience and a Just Energy Transition in Africa to Asian Audiences 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 22, 2022
Africa: Ticad 8 - Spotlight On African Innovation Talent
Within the framework of the Eighth Tokyo International Conference on African Development (TICAD8), the African Development Bank's North Africa Office supported some African… 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 »