April 24, 2018
Africa: African Legal Support Facility Meets With Industry Experts At the 2018 International Petroleum Summit
The substantial oil and gas resources on the African continent have the potential to catalyze and accelerate economic growth, if used strategically. In light of changing… Read more »
April 19, 2018
Africa: Asian Infrastructure Investment Bank and African Development Bank Sign MOU to Promote Cooperation
Joachim von Amsberg, AIIB Vice-President for Policy and Strategy, and Charles Boamah, African Development Bank Senior Vice-President, at the MoU signing ceremony in Washington, DC. Read more »
April 18, 2018
Africa: African Development Bank, African Institute of Mathematics and Science to Transform Industry-Led Research in Africa
The African Development Bank and the African Institute of Mathematics and Sciences (AIMS) have initiated a landmark relationship aimed at building an industry-led research… Read more »
March 26, 2018
Africa: Africa Must Build Digital Infrastructure to Compete in 4th Industrial Revolution, Says Adesina
To compete at the accelerated pace of technological innovations and the 4th Industrial Revolution, Africa has to put in more money into training its people and equipping them with… Read more »
March 19, 2018
Rwanda: African Development Bank, Partners Fund Construction of 208-Kilometre Regional Road Project in Rwanda
1.1 million people to benefit Read more »
March 15, 2018
Africa: Kimberly Heimert Appointed General Counsel At Africa50
Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to… Read more »
Africa: Raza Hasnani Appointed Head of Infrastructure Investments At Africa50 Project Finance
Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to… Read more »
December 21, 2017
Egypt: Egypt Gets U.S.$ 150m From the African Development Bank to Upgrade Water Treatment Plant
In support of the Egyptian Government's efforts to ensure safe living conditions, the African Development Bank has approved financing amounting to US$ 150 million for the expansion… Read more »
December 11, 2017
Africa: African Economic Conference - Should Africa Be Inspired By China's Industrial Development?
Africa, which struggles to boost its industrial sector, has decided to seek inspiration from the Chinese model. Read more »
Africa: Women, Youth and SMEs to Benefit From African Development Bank's Us $100-Million Loan to Mauritius
Thousands of small and medium enterprises in Mauritius will benefit from a US $100-million loan to the country from the African Development Bank. Read more »
December 06, 2017
Africa: Good Governance Is Key to Africa's Effective Industrialization
Africa needs industrialization to achieve prosperity and a decent standard of living for its citizens. But this can only be achieved through good governance policies and… Read more »
November 29, 2017
West Africa: The African Development Bank and the European Commission Ink Agreements to Co-Finance Road Projects in West Africa
The African Development Bank (AfDB) and the European Commission on Monday 27 November 2017 signed five co-financing agreements to support road infrastructure projects in West… Read more »
Kenya: Towards Making Nairobi an Aviation Hub AfDB Supports JKIA Airport Expansion Project
Efforts being made by Kenya's government to make Nairobi an aviation hub has received a big boost from the African development Bank (AfDB) which approved a US$ 160m loan for the… Read more »
November 28, 2017
Africa: AfDB Signs U.S. $ 300m Private Sector Loan Agreement for Nacala Corridor Project
The African Development Bank (AfDB) and other participating co-lenders has signed agreements for the financing of the Nacala Corridor project. This is an integrated and… Read more »
November 20, 2017
Africa: Industrialize Africa - Strategies, Policies, Institutions and Financing
A new report released Friday by the African Development Bank (AfDB) calls for the industrialization of the continent with a focus on smart industrial policy, structural… Read more »
Africa: Africa Industrialization Day - AfDB Reiterates the Need to Accelerate Africa's Development
Accelerating Africa's development through industrialization is one of the African Development Bank's High 5 strategic priorities. Industrialization has long been recognized as a… Read more »
Africa: Why Does Africa's Industrialization Matter? Challenges and Opportunities?
The African Development Bank Group (AfDB) will join other organizations to commemorate Africa industrialization day on 20 November 2017. Read more »
November 06, 2017
Somalia: AfDB to Help Somalia Restore Critical Infrastructure and Build Capable Institutions
The Board of Directors of the African Development Bank Group (AfDB) has approved the Bank's Somalia Country Brief 2017-2020, under which the Bank will help restore the country's… Read more »
Eritrea: AfDB Supports Inclusive Growth Through Agriculture and Infrastructure Development
The Board of Directors of the African Development Bank Group (AfDB) has approved the institution's intervention strategy in Eritrea for 2017-2019. Read more »
November 02, 2017
Cameroon: Cameroon Makes Significant Strides in Social Services and Infrastructure, New AfDB Report Shows
As the most robust economy in Central Africa, Cameroon, has in the past decade taken steps to further boost growth, making major advances in providing health, education, and clean… Read more »
Africa: Infrastructure Governance Takes Centre Stage As African Governments, AfDB, Alsf and Development Partners Gather in Cape Town
Representatives of African governments, the global private sector, and international institutions, including the African Legal Support Facility (ALSF) and African Development Bank… Read more »
October 27, 2017
Egypt: Africa50 Reaches Financial Close for Solar Plants in Egypt
Africa50, the infrastructure fund for Africa, Scatec Solar and Norfund have signed the long-term financing documentation for the 400 MWDC utility scale photovoltaic (PV) power… Read more »
Sierra Leone: African Development Fund Paves Way for Guinea-Sierra Leone Border Road Reconstruction With €48 Million Loan and Grant Finance
The Boards of the African Development Bank Group have approved funding of €48 million from the African Development Fund (ADF) for the reconstruction of the border road from… Read more »
October 11, 2017
Africa: AfDB Launches Training Programme to Grow Africa's Textile Industry
64 women take part in maiden fashion masterclass in Ethiopia Read more »
Africa: Benin - AfDB Supports Inclusive Growth Through Agricultural Value Chains and Infrastructure Development
The Board of Directors of the African Development Bank Group (AfDB) has approved the institution's intervention strategy in Benin for the period 2017-2021. Read more »