July 27, 2020
Southern Africa: Covid-19 Response and Economic Diversification Crucial to Growth Recovery in Southern Africa, the Most Affected Region
Report recommends inclusive, broad-based and pro-poor policies to address inequality and reduce poverty rates Read more »
July 23, 2020
Malawi: African Development Fund Approves Ua100.4 Million Multi-Country Covid-19 Response Support for Malawi, Madagascar, Mozambique and Sao Tome
The Board of Directors of the African Development Fund (ADF) on Wednesday approved a UA100.4 million (about $138 million) crisis budget support package to four southern African… Read more »
Angola: African Development Bank Commits $1.04 Million Towards Two Covid-19 Research Projects in Angola
Funds from the African Development Bank's ongoing Science and Technology Development Project have been committed towards two research projects to mitigate the novel coronavirus… Read more »
July 22, 2020
South Africa: African Development Bank Approves First Ever Crisis Response Budget Support of R5 Billion to Fight Covid-19
The Board of Directors of the African Development Bank has approved a loan of approximately R5 billion ($288 million) to the government of South Africa, as the country battles one… Read more »
July 21, 2020
Zambia: From Mine to Field: Agriculture Project Helps Youth Turn Away From Copper and Live Off the Land
In Zambia's Serenje district, young Zambians are being offered a ray of hope in the form of an agriculture project that is both an alternative to copper mining as a path out of… Read more »
Mozambique: African Development Bank Set to Join Landmark $20 Billion Mozambique LNG Financing
The African Development Bank has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400… Read more »
July 17, 2020
South Africa: African Development Bank Board Approves Fourth Monitoring Report On Management Action Plan for Eskom's Medupi Power Project
The African Development Bank approved the recommendations of the Fourth Monitoring Report of the Independent Review Mechanism on the implementation of the Updated Management Action… Read more »
July 09, 2020
Mozambique: First Flood, Then Drought - Climate-Resilience Project Helps Farmers Thrive in Mozambique
Mozambican farmer Alima Matusse is the head of a household of six and she used to worry that her children would go without nutritious food because her small plot of land was bone… Read more »
July 02, 2020
Mozambique: In Mozambique, Water Project Boosts Yields As Farmers Grapple With Climate Extremes
Felicidade Machava, 60, likes to recount the story about how, one year, she filled a small truck with maize from her harvest. Read more »
June 23, 2020
South Africa: Infrastructure Symposium "Is Laying a Path for South Africa After Coronavirus, but Also Way Into the Future." - President Ramaphosa
South African President and African Union Chairperson, Cyril Ramaphosa today hosted a historic conference to spur infrastructure investment in his country and inspire similar… Read more »
June 04, 2020
Africa: Singer and Activist Youssou N'dour, Zambia's Minister of Health, African Development Bank Vice President Headline Call to Build African Solidarity Post-COVID-19
How can Africa build on the solidarity shown during the coronavirus pandemic to achieve the continent's development goals in the post-COVID world? Read more »
May 15, 2020
Zimbabwe: African Development Bank Approves $13.7 Million to Strengthen Health System, Boost Anti-COVID-19 Efforts
The Board of Directors of the African Development Bank has approved a $13.7 million grant to finance the COVID-19 response in Zimbabwe. The funds will provide an immediate lifeline… Read more »
May 13, 2020
Zimbabwe: Chitungwiza Residents Look Forward to Healthier Lives As $1 Million Zimfund Project Tackles Sewage Woes
For Lovelin Chapfika, the excitement of purchasing a house in a residential area outside the Zimbabwean capital quickly turned to disappointment when she discovered her new… Read more »
May 06, 2020
Africa: African Development Bank-Managed Water and Sanitation Project Helping to Curb COVID-19 Wins Prince Talal International Prize for Human Development
caption: Members of the Prince Talal International Prize for Human Development Prize Committee announcing winners in a virtual ceremony. Read more »
April 29, 2020
Africa: African Development Bank Approves $40 Million Package for Angola's Banco Millennium Atlântico to Support SMEs
The Board of Directors of the African Development Bank on 15 April approved a $40 million financial package to support Angola's Banco Millennium Atlântico (BMA) to bolster… Read more »
April 22, 2020
South Africa: African Development Bank, SA Taxi Sign $100 Million Loan Agreement to Boost Industrialization, Enhance Transport Sector
The African Development Bank and SA Taxi Development Finance Proprietary Limited, a wholly owned subsidiary of SA Taxi Holdings Proprietary Limited ("SA Taxi"), have signed a $100… Read more »
April 20, 2020
Africa: African Development Bank's Seed-Bulking Scheme Boosts Cassava Yields in Zambia
For centuries, African farmers across the continent have grown cassava. The woody shrub was introduced to Africa from South America by Portuguese traders in the 16th Century and… Read more »
March 31, 2020
Mozambique: Government and African Development Bank Sign Financing for Mueda-Negomano Road Phase II
The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road to… Read more »
March 27, 2020
Africa: African Development Bank Approves $8.25 Million Loan to Food Producer Olivine Industries
The Board of Directors of the African Development Bank Group has approved a $8.25 million corporate loan to Olivine Industries Limited to support the company's food production… Read more »
March 12, 2020
Namibia: African Development Bank Approves $121.7 Million Loan, Euro 3 Million Grant to Support Water and Sanitation Sector
The Board of Directors of the African Development Bank on Wednesday approved a $121.7 million loan (ZAR 1.893 billion) and Euro 3 million grant from the Rural Water Supply… Read more »
Africa: African Development Bank Supports Economic Diversification Project Through Fapa
An economic diversification project supported by the Africa Development Bank was launched in Botswana last month to strengthen the small stock, tourism and horticulture industries… Read more »
March 11, 2020
Namibia: African Development Bank Approves $129.4 Million Loan to Boost Economic Governance and Competitiveness
The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan to finance the Namibia Economic Governance and Competitiveness Support… Read more »
March 08, 2020
Africa: Interview of Dr. Jennifer Blanke, Vice President for Agriculture, Human and Social Development
TAAT initiative participant and Zimbabwean smallholder farmer Gertrude Marisa poses with Dr. Jennifer Blanke in Marisa's field of healthy maize plants. Read more »
March 01, 2020
South Africa: Keynote Speech by Dr Adesina, President of the AfDB Group, on the occasion of the 8th African Leadership Persons of the Year Award Investiture
Good evening to you all! Read more »
February 26, 2020
Zimbabwe: African Development Bank Executive Directors Conduct Consultative Mission, Tour Project Sites
A seven-member delegation of Executive Directors of the African Development Bank visited Zimbabwe on a week-long fact-finding mission where they held meetings with a number of… Read more »
