September 01, 2022
Mozambique: Mozambique - African Development Bank Vice-President Quaynor Meets With Government At Outset of New Country Strategy
African Development Bank Vice-President for Private Sector, Infrastructure and Industrialization, Mr. Solomon Quaynor, officially visited Mozambique last week. He met with… Read more »
August 24, 2022
Zimbabwe: Zimbabwe - Senior African Development Bank Officials Highlight Private Sector Development, Renewable Energy Opportunities
Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe. The bank's vice president for power, energy, climate and green growth, Dr… Read more »
August 23, 2022
Southern Africa: African Development Bank Optimistic About Economic Prospects for Southern Africa Region
The Southern Africa region's investment opportunities and prospects for economic growth are encouraging despite recent headwinds of a global pandemic and food crisis, the African… Read more »
July 29, 2022
Malawi: Malawi - African Development Fund Approves $20.2 Million Grant to Raise Food Production
The African Development Fund, the concessional window of the African Development Bank Group, has approved a $20.2 million grant to raise food production in Malawi. Read more »
July 27, 2022
Zambia: Zambia - African Development Fund Approves $14.4 Million Loan to Boost Food Security in Regional Breadbasket
The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group, has approved a $14.4 million loan to enhance food security in… Read more »
July 26, 2022
Mozambique: Mozambique - African Development Fund Approves Additional $5.6 Million Grant Funding to Bolster Food Security and Resilience
The Board of Directors of the African Development Fund has approved a $5.6 million grant in additional funding for Mozambique's Post Cyclone Idai and Kenneth Emergency Recovery and… Read more »
July 22, 2022
Angola: Angola - African Development Bank EDs Visit Highlights Country's Progress in Stabilising Public Finances, Stimulating Economic Diversification
The African Development Bank's Executive Director for Angola, Namibia, Zimbabwe and Mozambique has ended an official visit to Angola, noting progress in the oil-rich nation's… Read more »
July 20, 2022
Zimbabwe: Zimbabwe - African Development Fund Approves $25.65 Million Grant to Boost Food Production and Resilience
The Board of Directors of the African Development Fund has approved a grant of around $25.65 million to help Zimbabwe enhance domestic food production and supply. The funds were… Read more »
July 18, 2022
Mozambique: Mozambique - African Development Bank, Green Growth Knowledge Partnership and World Wide Fund for Nature Host Dialogue On Mainstreaming Natural Capital for a Green Economy
The African Development Bank, the Green Growth Knowledge Partnership and the World Wide Fund for Nature (WWF), have hosted a dialogue to revalidate Mozambique's commitment to… Read more »
Zambia: African Development Bank Grants $1.4 Million to Export Trading Group to Strengthen Entrepreneurship Skills of Women-Owned & Led Businesses in Mozambique, Tanzania and Zambia
The Board of Directors of the African Development Bank Group has approved a $1.4 million technical assistance grant to Export Trading Group (ETG) for the funding of women-owned… Read more »
July 13, 2022
East Africa: African Development Bank Approves $175 Million Regional Trade Finance Funded Risk Participation Agreement Facility for Eastern and Southern African Trade & Development Bank
The Board of Directors of the African Development Bank Group has approved a $175 million Trade Finance Funded Risk Participation Agreement facility between the African Development… Read more »
Zimbabwe: African Development Bank and Partners to Work Together On Zimbabwe's Debt Action Plan
ailure is not an option. Zimbabwe's arrears clearance strategy must succeed." - Akinwumi Adesina Read more »
July 11, 2022
Africa: African Development Bank Group Chief in Zimbabwe to Get Debt Clearance Plan Underway
African Development Bank Group President Dr. Akinwumi Adesina arrived in Zimbabwe today at the start of a two-day official visit to the country. Read more »
Africa: Zimbabwe - Zimfund $23 Million Power Project Ready to Roll With Delivery of New Transformer
An Emergency Power Infrastructure Rehabilitation Project funded by ZimFund, has reached the last leg of implementation with the delivery of a 175 MVA transformer, Read more »
June 22, 2022
Botswana: Botswana - Private Sector Development in Southern Africa Region Gets Boost With Approval of $30 Million Loan to Norsad Capital From African Development Bank Group
The Board of Directors of the African Development Bank Group today approved a $30 million loan to Norsad Capital Limited, a Botswana-based impact investor, to finance… Read more »
June 20, 2022
Mozambique: African Development Bank VP Mateus Magala Appointed Minister of Transport and Communication in Mozambique
Dr. Mateus Magala, Vice President for Human Resources and Corporate Services at the African Development Bank, has been appointed Minister of Transport and Communication of the… Read more »
June 08, 2022
Africa: Malawi - African Development Bank Extends Grants of $9.25 Million for Rollout of Climate Disaster Risk Financing
The Board of Directors of the African Development Bank has approved two grants of $9.25 million to implement the Africa Disaster Risk Financing Programme (ADRiFi) in Malawi. The… Read more »
June 03, 2022
Mozambique: After Cyclones, Conflict and Covid-19, Recovering Mozambique Prepares Next Five-Year Strategy
The national economy is beginning to recover from the economic contraction seen in 2020, and has attracted greater volumes of domestic and foreign investment, said Mozambique… Read more »
June 02, 2022
Malawi: Malawi - African Development Bank Gives Financial Sector a Boost With New Tools to Support Local Corporates, SMEs and Domestic Trade
Members of the African Development Bank Group's Financial Sector Development Department (trade finance division) have concluded a successful visit to Malawi aimed at strengthening… Read more »
May 26, 2022
South Africa: Joint Statement of the Government of the Republic of South Africa and the African Development Bank in Relation to South Africa's Just Energy Transition Process
South Africa submitted an ambitious Nationally Determined Contribution (NDC) prior to COP 26. At COP26, the South African government also forged the Just Energy Transition… Read more »
May 25, 2022
Africa: Mozambique - African Development Bank to Serve As Advisor for Development of 1500 Mw Mphanda Nkuwa Hydropower Project
The African Development Bank has signed an agreement with Gabinete de Implementação do Projecto Hidroeléctrico de Mphanda Nkuwa, an implementing entity, to… Read more »
May 11, 2022
Africa: Is Africa Ready for Green Growth? New Report Assesses Gabon, Kenya, Morocco, Mozambique, Rwanda, Senegal and Tunisia
A new report co-authored by the African Development Bank and the Global Green Growth Institute, has found evidence of growing political commitment to green growth in Africa. Read more »
May 05, 2022
Botswana: Botswana - The African Development Bank Supports Economic Diversification Under the Country Strategy Paper 2022-2026
Supporting Botswana's ambition to diversify its economy and accelerate its structural transformation towards sustainable and inclusive growth is the main objective of the African… Read more »
May 03, 2022
Mozambique: African Development Bank Acting Chief Economist Wraps Up 3-Day Mission to Mozambique in Support of Reform Agenda
The African Development Bank Group's Acting Chief Economist and Vice President for Economic Governance and Knowledge Management Kevin Urama, has completed a three-day official… Read more »
April 07, 2022
Malawi: Malawi - Country Strategy Sparks Transformation in Agriculture
Some 250 young agricultural entrepreneurs were trained, 10,000 people gained access to agricultural loans and 12 small agricultural businesses have been created. In total, 8,000… Read more »