July 23
Africa: African Development Bank Expresses Strong Support for AU Peace Fund Revitalization
The African Development Bank has expressed strong support for revitalizing the African Union (AU) Peace Fund, pledging to continue implementing innovative strategies to address… Read more »
July 16
Africa: African Development Bank's Sovereign Portfolio Retains Top Spot in 2024 Aid Transparency Index
Publish What You Fund, the global campaign for aid and development transparency, has once again named the African Development Bank's sovereign portfolio as the most transparent.… Read more »
July 15
Africa: African Development Bank President Adesina to Address 6th Mid-Year Coordination Meeting of the African Union (AU)
What: African Development Bank President Adesina to address 6th Mid-Year Coordination Meeting of the African Union (AU) Read more »
July 05
Cape Verde: Cabo Verde - AfDB-Supported Tech Park Impresses International Delegation With Rapid Growth and Economic Impact
A high-level donor delegation that included the African Development Bank has expressed strong admiration for the Cabo Verde Tech Park during a recent visit, highlighting its rapid… Read more »
July 04
Africa: African Development Bank Appoints Dr Babatunde Samson Omotosho As Director of Statistics Department
The African Development Bank has appointed Dr Babatunde Samson Omotosho, an economist and statistician, as Director of the Statistics Department, effective June 16, 2024. Read more »
June 28
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 26
Africa: African Development Bank Named Development Financial Institution of the Year By Txf Global
The African Development Bank has received the Development Finance Institution (DFI) of the year award at the TXF GLOBAL 2024 Export, Project & Development Finance Conference,… Read more »
June 27
Africa: How One Man Helped Raise $180 Billion for Africa in Six Years
Transcription from the original interview: https://edition.cnn.com/2024/06/25/world/video/marketplace-africa-african-development-bank-akinwumi-adesina-spc Read more »
June 24
Africa: African Development Bank and African Solidarity Fund Seal Strategic Partnership
The African Development Bank and the African Solidarity Fund (ASF) have signed a letter of intent to strengthen the two institutions' working relationship and synergy. Read more »
June 20
Gambia: Bridging Progress - African Development Bank Powers the Gambia's Leap Into the Future
The African Development Bank's investments in The Gambia's energy sector have significantly improved access to affordable and reliable electricity, with at least 70% of Gambians… Read more »
Sudan: African Development Bank, WFP Project Boosts Wheat Production in War-Torn Sudan Amid Soaring Hunger
An emergency wheat production project in Sudan financed by the African Development Bank and executed by the United Nations World Food Programme (WFP) has increased wheat production… Read more »
June 14
Africa: African Development Bank Appoints Dr. Eric Kehinde Ogunleye As Director of African Development Institute
The African Development Bank has appointed Dr. Eric Kehinde Ogunleye, a seasoned macroeconomist, as Director of the African Development Institute, effective June 1, 2024. Read more »
June 15
Africa: Joint Press Statement Between Italy and the African Development Bank Group, G7 Heads of State and Government Summit
Joint Press Statement between Read more »
June 12
Africa: African Development Bank Group Approves $8.6 Million Grant to Boost Non-Oil Revenue Mobilization in South Sudan
The Board of Directors of the African Development Bank Group has approved a grant funding of $8.6 million to South Sudan to advance the second phase of the Non-Oil Revenue… Read more »
June 11
West Africa: African Development Bank Group Appoints Lamin Barrow As Director General for West Africa Region
The African Development Bank Group has appointed Lamin Barrow, an economist, as the Director General for the West Africa Region, effective June 1, 2024. Read more »
East Africa: African Development Bank Appoints Dr. Léandre Bassole As Deputy Director General for East African Region
The African Development Bank has appointed Dr. Léandre Bassole, a seasoned economic development specialist, as Deputy Director General for the East African Region, effective… Read more »
Africa: African Development Bank Appoints Chioma Onukogu As Director of Board Affairs and Proceedings
The African Development Bank has appointed Chioma Angela Onukogu as the Director of Board Affairs and Proceedings in the Office of the Secretary General and the General… Read more »
June 04
Africa: African Development Bank Group's Updated Integrated Safeguards System (Iss) Becomes Effective
The African Development Bank Group's updated Integrated Safeguards System (ISS), approved by the Board of Directors on 12 April 2023, has come into force since 31 May 2024. Read more »
June 07
Africa: Digital Future for Africa - African Development Bank and Intel to Train Millions in Ai
The African Development Bank and technology giant Intel have formalized their cooperation to transform the African digital ecosystem. The partnership aims to equip 3 million… Read more »
June 02
Africa: African Development Bank Group Board of Governors Approves $117 Billion General Callable Capital Increase
The Board of Governors of the African Development Bank Group has approved a $117 billion (88.1 billion Units of Account) General Callable Capital Increase for the African… Read more »
May 27
Africa: Annual Meetings Offer Platform for Innovative Ideas On Global Financial Reform and Provision of Resources to Develop Africa
The African Development Bank's 2024 Annual Meetings start on Monday in Nairobi, and offer a unique opportunity to collectively promote innovative ideas for reforming the global… Read more »
May 23
Africa: A Project in History - The Transformational Journey of the African Development Bank
When the African Development Bank was established in 1964, its founders committed to the task of leveraging Africa's natural and human resources to catalyze development across the… 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 »
May 15
Africa: African Development Bank and Interamerican Development Bank Welcome International Monetary Fund's (IMF) Executive Board's Decision Approving Use of Sdrs for Hybrid Capital Instruments
The African Development Bank Group (AfDB) and the Inter-American Development Bank (IDB) today welcomed the announcement by the International Monetary Fund's Executive Board… Read more »
May 12
Kenya: President William Ruto Advocates for $25 Billion Replenishment of African Development Fund, Highlights Impact On Kenya's Development
Kenya's President William Ruto has intensified his campaign for a substantial replenishment of the African Development Fund, underscoring the transformative impact of the… Read more »