October 08
Africa: African Development Bank VP Woos Korean Businesses for Infrastructure Development in Africa
African Development Bank Group Vice President for Private Sector, Infrastructure, and Industrialization, Solomon Quaynor, recently concluded a two-day visit to South Korea, where… Read more »
October 07
Nigeria: African Development Bank Group and Nigerian Government to Accelerate Special Agro-Industrial Processing Zones (SAPZ) Program
What: High-Level Dialogue on Accelerating the Implementation of the Special Agro-Industrial Processing Zones (SAPZ) program in Nigeria Read more »
October 02
Burundi: Burundi - Electricity From the Rusumo Falls Power Station, Built With Support From the African Development Bank, Is Saving the Lives of Hospital Patients and Premature Babies
Cheap and reliable hydroelectric supplies mean that the Gitega hospital can spend more money on medical equipment and hospital teams can focus on saving lives. Read more »
October 01
Cote d'Ivoire: African Development Bank's High Impact Projects Transform Côte d'Ivoire's Energy and Agriculture Sectors
During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank's Deputy Director General for West Africa, expressed his… Read more »
Benin: African Development Fund Crucial in Development and Modernisation of Benin Sheep Industry
In the early 2000s, Benin reformed its sheep industry, largely because meat and milk production was insufficient to meet local demand. The objective was to reduce imports, then… Read more »
September 24
Libya: New Tunisia - Libya Motorway Boosts Regional Commerce and Tourism
It used to take five hours for Fatima Meftah Abudhair and her son, Abdelmuen Salah, to travel from Tripoli, the capital of Libya to the Tunisian island of Djerba, more than 300… Read more »
August 05
Comoros: African Development Fund Grants the Union of the Comoros $135 Million to Develop Its Ports and Facilitate Regional Trade
The Board of Directors of the African Development Bank Group has approved a $135 million package to the Union of the Comoros - its largest ever to the Indian Ocean archipelago - to… Read more »
August 02
Africa: Scaling Up Financing Is Key to Accelerating Africa's Structural Transformation
The calls for structural economic transformation in Africa date back to the 1960s when newly independent nations aimed to eliminate poverty through economic diversification,… Read more »
August 01
Africa: African Development Bank Invests $20 Million in Infrastructure Fund to Catalyze Continental Development
The African Development Bank has signed a $20 million equity investment in the African Infrastructure Investment Fund 4 (AIIF4). The deal, signed on 31 July 2024, reinforces the… Read more »
July 06
Comoros: Driving Progress - Comorians Celebrates Transformative Road Built With African Development Bank Support
The people of the Union of the Comoros are celebrating the completion of a major road that will open up its agriculturally rich areas and provide reliable access to its popular… Read more »
June 28
Benin: African Development Bank and Partners Visit Lomé-Cotonou Road Upgrading Site and Ancillary Projects
Representatives of development partners financing a major highway upgrade linking the Togolese capital, Lome, to Cotonou, Benin, joined Togolese officials on 19 June 2024 to… Read more »
June 20
Nigeria: Nigeria - African Development Bank and Infrastructure Credit Guarantee Company Limited Sign $15 Million Agreement to Enhance Infrastructure Financing
The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million subordinated loan facility to strengthen… Read more »
Africa: African Road Maintenance Funds Association (Armfa) and African Development Bank Hold Bilateral Meeting to Explore Innovative Options and Practices for Sustainable Financing of Road Funds for Better Maintenance of the African Road Network
The African Road Maintenance Funds Association (ARMFA) held its Annual Meeting in Abidjan from 13 to 16 May 2024. The Prime Minister of the Republic of Ivory Coast, Mr. Robert… Read more »
June 14
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 »
May 30
Africa: Opening Speech by Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors The African Development Bank Group - Annual Meetings, African Development Bank Group - Nairobi, Kenya 29 May 2024
Your Excellency Dr. Willian Samoei Ruto, President of the Republic of Kenya, Read more »
May 22
Nigeria: African Development Bank Invests $1.44 Billion to Support Infrastructure Development in Nigeria
The African Development Bank has invested $1.44 billion to support the development of energy and power, transport, water, and sanitation infrastructure in Nigeria. Read more »
April 30
Africa: Africa Road Builders - Two African Heads of State Receive 2024 Babacar Ndiaye Prize
The "Africa Road Builders" Selection Committee met in Dubai in the United Arab Emirates on 18 April 2024 where it awarded the Babacar Ndiaye Prize 2024 to the Presidents of… Read more »
April 24
Cameroon: Cameroon - The African Development Bank, a Leading Infrastructure Partner
In an era of transformative development, the African Development Bank Group stands as a beacon of progress in Central Africa, particularly in Cameroon, where the institution has… Read more »
April 09
Zambia: 2024-2029 Development Priorities for Zambia - Infrastructure and Agricultural Value Chain
The Board of Directors of the African Development Bank Group has approved the Country Strategy Paper (CSP) for Zambia for 2024-2029, which sets out two priority intervention areas:… Read more »
March 18
Senegal: Senegal - Third Drinking Water Treatment Plant At Keur Momar Sarr, Built With African Development Bank Backing, Substantially Enhances Water Service in Dakar and Surrounding Area
The Project relating to the construction of a third drinking water treatment plant in Keur Momar Sarr (KMS3), launched in 2017 in the Louga department, is a major drinking water… Read more »
February 02
Mozambique: Mozambique - African Development Bank Lends $40 Million to the Mozambique Rail and Port Authority to Buy Rolling Stock for the Ressano Garcia Railway Line
Finance Read more »
January 23
Congo-Kinshasa: AfDB Head Adesina Backs Infrastructure Projects in Strategic Two-Day Visit to DRC
African Development Bank President Dr. Akinwumi Adesina has concluded a two-day visit to the Democratic Republic of Congo for high-level talks on accelerating strategic development… Read more »
January 12
Cote d'Ivoire: Côte d'Ivoire - Fourth Abidjan Bridge and Other African Development Bank-Funded Transport Infrastructure Now Open to Traffic
On Wednesday 10 January, the Ivorian Prime Minister, Robert Beugré Mambé, opened Abidjan's fourth bridge, the "Y4" bypass, and the urban highways of Civil Prison and… Read more »
December 18, 2023
Mali: Desert to Power Initiative - African Development Fund Approves Nearly $303 Million for Mauritania-Mali Electricity Interconnection Project
The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a $302.9 million loan co-financing for a… Read more »
Morocco: The African Development Bank Mobilizes €246 Million for the Construction of the Guercif-Nador Highway
Financing Read more »
