March 01, 2017
Sudan: AfDB President Visits Africa's Leading Sugar Factory and the World's Largest Producer of White Sugar
On February 28, 2017, the President of the African Development Bank visited the Kenana Sugar Company (KSC) in Sudan, which is by far Africa's largest sugar-producing… Read more »
February 09, 2017
Africa: Nepad-IPPF Supports African Countries to Strengthen Regional Infrastructure
The New Partnership for Africa's Development Infrastructure Project Preparation Facility (NEPAD-IPPF) has continued to support African countries to strengthen regional… Read more »
February 01, 2017
Ghana: AfDB Approves U.S.$69.6 Million Risk Participation in Infrastructure Sector Investments in Ghana, Malawi and Mozambique
The Board of Directors of the African Development Fund (ADF), the concessional arm of the African Development Bank Group (AfDB), has approved two transport sector investment risk… Read more »
January 26, 2017
Comoros: AfDB Supports Road Infrastructure Upgrade for Economic Diversification in the Comoros
The African Development Bank Group will help the Union of Comoros Government to diversify its economy with a US $20.4-million road network rehabilitation project grant approved by… Read more »
January 12, 2017
Africa: AfDB Commits U.S.$40.8 Million to Reinforce the Lomé-Cotonou Road and Protect It Against Coastal Erosion
The Board of Directors of the African Development Bank Group (AfDB) approved on Friday, December 16, 2016 a US $40.8-million loan to the Republics of Benin and Togo to finance the… Read more »
January 06, 2017
Cameroon: AfDB workshop on Independent Review Mechanism outlines complaints procedures for Bank-financed projects
Abidjan, Côte d'Ivoire, 5 January 2017 – The Compliance Review and Mediation Unit (CRMU) of the African Development Bank Group (AfDB) is organizing an information… Read more »
December 15, 2016
Africa: SEFA Funds Preparation of First-Ever Biomass Gasification Project in Uganda
The Sustainable Energy Fund for Africa (SEFA) approved on December 13 a US $993,000 grant to the Earth Energy Company Limited, a Ugandan firm, to prepare the first-ever biomass… Read more »
December 16, 2016
Cote d'Ivoire: African Development Bank Group Approves €769.78 Million to Improve Urban Transport in Abidjan
87.9 kilometers of developed urban motorways and a fourth bridge in Abidjan Read more »
Africa: AfDB Approves USD $80 Million Loan and USD $20 Million Equity to Kainji and Jebba Hydro Power Project in Nigeria
The Board of Directors of the African Development Bank (AfDB or the Bank) has approved a financing package of USD 100 million, comprising USD 80 million loan and USD 20 million… Read more »
December 13, 2016
Africa: AfDB Commits USD $74.9m to Reinforce Road Connection Between Mozambique and Tanzania
On Friday 9th December of 2016, the Board of Directors of the African Development Bank Group (AfDB) approved USD 71.8M grant and USD 3.1M loan to the Government of Mozambique for… Read more »
Africa: Africa Needs Quality Infrastructure for Sustained Economic Growth and Inclusiveness
"Building quality into every stage of the life-cycle of projects is essential if investment in infrastructure is to have a positive impact on Africa's economic development:" This… Read more »
Tanzania: AfDB Commits U.S. $74.9m to Reinforce Road Connexion Between Mozambique and Tanzania
On Friday 9th December of 2016, the Board of Directors of the African Development Bank Group (AfDB) approved USD 71.8M grant and USD 3.1M loan to the Government of Mozambique for… Read more »
December 09, 2016
Africa: Nobel Laureate Eric Maskin Addresses Issues of Globalization and Inequality At 11th African Economic Conference
On Day 1 of the 11th African Economic Conference in Abuja, Nigeria, Prof. Eric Maskin of Harvard University and co-recipient of the 2007 Nobel Prize in economics made a short… Read more »
Africa: What Africa Can Learn From China's Green Revolution in Its Agro-Allied Industrialization Quest
Is there a future for smallholder farmers in Africa? Read more »
December 06, 2016
Africa: Value Addition Vital to Industrialize African Agriculture
A study by Namalguebzanga Christian Kafando, one of the paper presenters and discussants at the ongoing 11th African Economic Conference in Abuja has shown that there is a… Read more »
December 07, 2016
Africa: African Economic Conference - Why Does Africa Need an Agricultural Transformation?
The need for an Africa-wide agricultural transformation was the subject of a special session organized at the 11th African Economic Conference (AEC) on Tuesday,… Read more »
Africa: Integrated Solutions Key to Regional Agro-Allied Industrialization
Participants at the African Economic Conference 2016 in Abuja have identified integrated solutions as key to regional agro-allied industrialization. Read more »
December 06, 2016
Africa: Private Sector SMEs Should Be Catalytic Force in Industrialization of Agriculture
Private sector small and medium enterprises (SMEs) should be the catalytic force in the industrialization and modernization of agriculture, a paper delivered Monday at the 2016… Read more »
December 02, 2016
Africa: Report Reveals 12 Percent Growth in Financial Commitments to Africa's Infrastructure Development in 2015
Financial commitments to Africa's infrastructure development in 2015 totalled $83.4bn, a 12% increase from the previous year, a report by the Infrastructure Consortium for Africa's… Read more »
November 30, 2016
Africa: AfDB and United Bank for Africa PLC Sign U.S.$ 150 Million Line of Credit
The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and… Read more »
Africa: AfDB and CRDB Bank PLC of Tanzania Sign $120 Million Loan Agreement to Finance Infrastructure and SMEs
The African Development Bank Group (AfDB) and CRDB Bank Plc (CRDB) of Tanzania signed a US$ 120 million loan agreement in Nairobi on November 30, 2016 to finance infrastructure and… Read more »
November 24, 2016
Africa: Water At the Heart of COP22 and Actions On Climate Change
An historic first for the Conference of the Parties of the United Nations Agreement on Climate Change (COP), a Water Action Day was the highlight of the third day of COP22 in… Read more »
November 23, 2016
Africa: PIDA Week 2016 Opens With Calls for Accelerated Job Creation Through Infrastructure Development for Africa's Transformation
Africa has to provide employment opportunities for its youth if it is to harness their potential and contribute to the desired economic growth outlined in the vision of Agenda… Read more »
November 22, 2016
Africa: Remarks by Dr. Akinwumi Adesina, President of the African Development Bank, at the Africa Day jointly organized by the European Investment Bank and the African Development Bank, November 21, 2016, Abidjan, Côte d'Ivoire
Your Excellency, Daniel Kablan Duncan, Prime Minister of Côte d’Ivoire; my dear friend President Werner Hoyer of the European Investment Bank; Honorable Ministers; Mr.… Read more »
November 16, 2016
Africa: Africa Day at COP22: Adesina Calls for the Fulfillment of the Pledges Made in Paris
African leaders on Wednesday called for speedy action for the implementation of the commitments made at the COP21 in Paris, and urged the fulfillment of the pledges fulfillment of… Read more »