September 23, 2024
Africa: UNGA79 - African Development Bank Calls On DFI's to Put Peace Into Action to Promote Peace and Stability in Africa
Peace is achievable with the right blend of dialogue and peace positive investments Read more »
Madagascar: The African Development Bank Group Grants Over $67 Million to Madagascar to Relaunch Its Economy and Improve Governance in Its Energy Sector
The Board of Directors of the African Development Bank Group approved a loan of $67.3 million to Madagascar on 20 September 2024 to implement the first phase of its economic… Read more »
September 20, 2024
Africa: Joint Mdbs Report - Climate Financing Hits Record $125 Billion in 2023
Multilateral development banks (MDBs) including the African Development Bank announced today that their collective financing for climate action hit a record high of $125 billion in… Read more »
Africa: Africa50 Investment Platform Gets Thumbs Up for Its Innovative Financing, Strategic Partnerships and Performance
Africa50, the investment platform established by African governments and the African Development Bank, is exceeding expectations and closing critical infrastructure funding gaps… Read more »
September 16, 2024
Africa: African Development Bank Group Calls for Increased Investment and Innovation for Sustainable Agriculture
The African Development Bank has urged greater financing of sustainable agricultural policies, practices and innovation. Bank officials made the call at three events hosted by the… Read more »
September 03, 2024
Africa: The African Development Bank (AfDB) at 60: Six Decades of Driving Sustainable Economic Growth in Africa - 1964-2024
Meeting in Khartoum, Sudan, in September 1964, representatives of 25 African countries agreed on the vision of a Bank that could drive economic development across Africa by… Read more »
September 02, 2024
Africa: African Development Bank President Praises Saudi Arabia for Billions of Dollars of Investment in Africa
Dr Akinwumi Adesina, the president of the African Development Bank Group, has praised Saudi Arabia for its generous "support, dedication and friendliness" to Africa where it is… Read more »
August 08, 2024
Africa: Strengthening Regulatory Role in Water and Sanitation Financing
What: Webinar on the regulatory role in water and sanitation sector financing Read more »
August 06, 2024
Africa: African Development Bank to Intensify Investments in Clean Cooking Across Africa
The sprawling informal settlement of Mukuru on the outskirts of Nairobi holds powerful tales of how an innovative gas energy company is providing clean cooking solutions and… Read more »
August 01, 2024
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 23, 2024
Africa: African Development Bank's Akinwumi Adesina Briefs African Leaders On Bank's Progress in Mobilizing Financial Resources for the Continent
The president of the African Development Bank Group, Dr. Akinwumi Adesina, has outlined the Bank's successes in mobilizing financial resources for the continent's development needs… Read more »
July 18, 2024
South Africa: African Development Bank Approves ZAR 18.85 Billion ($1 Billion) Corporate Loan for Transnet's Business Recovery Plan
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa's major freight transport and logistics company, for its… Read more »
June 28, 2024
Uganda: African Development Bank, Climate Investment Funds Spearhead Just Transition Workshops in Uganda
The African Development Bank Group and the Climate Investment Funds (CIF) have launched a series of groundbreaking workshops aimed at integrating 'just transition' principles into… Read more »
June 22, 2024
Africa: Japanese Keizai Doyukai and African Development Bank Forge Stronger Ties to Boost Private Investment and Youth Engagement in Africa
Representatives from the Japanese business association Keizai Doyukai and the African Development Bank Group met in Tokyo on Tuesday to explore deepening private sector cooperation… Read more »
June 21, 2024
Africa: Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders
Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank's strong support to manage risks, African… Read more »
June 14, 2024
Africa: High-Level AfDB Delegation Heads to Japan to Champion African Investment and Collaboration in Run-Up to Ticad9
An African Development Bank delegation led by three vice presidents will visit Japan from 17-21 June to promote investment opportunities in key African sectors and strengthen… Read more »
June 12, 2024
Mozambique: Africa Fertilizer Financing Mechanism to Launch Fertilizer Financing Scheme in Mozambique
What: Launch of Fertilizer Financing for Sustainable Agriculture Management Project in Mozambique Who: The Africa Fertilizer Financing Mechanism When: Friday, 14 June 2024;… Read more »
June 11, 2024
Africa: African Development Bank Appoints Max Magor Ndiaye As Senior Director of Syndications, the Africa Investment Forum and Client Solutions
The African Development Bank has appointed Max Magor Ndiaye as Senior Director of Syndications, the Africa Investment Forum and Client Solutions, effective 12th June 2024. Read more »
June 06, 2024
Africa: Dr Adesina Tells the Invest Africa Debate - 'We're Taking Africa to the World'
The 10th Invest Africa Debate has opened in the City of London's prestigious Guildhall with a fireside chat between the president of the African Development Bank Group Dr Akinwumi… Read more »
May 31, 2024
Africa: Africa Investment Forum Bankability Series Showcases Innovative Approaches to Attract Global Capital to Africa
The Africa Investment Forum has launched a series of investment roundtables to overcome Africa's project bankability challenges and, ultimately, bridge its infrastructure… Read more »
May 30, 2024
Africa: African Development Bank Group Annual Meetings 2024 - President Adesina Calls for Bank Makeover to Attract Game-Changing Private Sector Investment
Dr. Akinwumi Adesina, the president of the African Development Bank Group, today unveiled an ambitious five-point programme to attract much-needed private sector investment to… Read more »
May 29, 2024
Africa: African Development Bank Group to Boost Its Financing Capacity By Over $70 Billion As It Launches New Ten-Year Strategy
The African Development Bank Group unveiled its new Ten-Year Strategy 2024-2033 today, a blueprint to confront Africa's pressing challenges and to help put the continent firmly… Read more »
May 28, 2024
Africa: 2024 Annual Meetings - African Development Bank President Outlines Gains of Historic 2023 Dakar 2 Summit
Bank will invest $2.9 billion to support the Country Food and Agriculture Delivery Compacts; appoints Special Envoys to fast-track implementation Read more »
May 27, 2024
Africa: African Development Bank Annual Meetings 2024 - African Development Bank Secretary General Joins South African Leaders to Highlight Investment Opportunities of Enlarging Brics Alliance
The BRICS Alliance, together with the new member additions, provides immense trade and investment opportunities for the African continent, Prof. Vincent O. Nmehielle, Secretary… Read more »
May 22, 2024
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 »
