March 13, 2020
Africa: Sierra Leone to Count On African Development Bank to Help Build Resilient Economy, Restore Self-Sufficiency in Rice Production
Sierra Leone will look to the African Development Bank to stimulate agribusiness development in the country with a focus on rice production, its president Maada Bio told a visiting… Read more »
November 14, 2019
Africa: 2019 Africa Investment Forum: African Development Bank, EU Reaffirm Partnership, Ambition to De-risk Business Environment, Create Jobs in Africa
EU is Bank’s partner of choice for development – Akinwumi Adesina Read more »
November 11, 2019
Africa: 2019 Africa Investment Forum Kicks off Delivering on the Promise to Redefine and Unpack the Continent's Investment Opportunities
$500 million equity closed for the Africa Infrastructure Investment Fund to speed up investments in agriculture Financial close for the Africa Guarantee Fund $175 Equity… Read more »
November 01, 2019
Africa: 'Today Is a Day of Joy for Africa' - African Development Bank Celebrates Historic Capital Increase
The African Development Bank on Thursday celebrated a historic $115 billion increase from its shareholders, the largest in the bank's 55-year history. Read more »
October 31, 2019
Africa: Extraordinary Meeting of African Development Bank Governors - "Make the Right Decision" for Africa to Achieve Its Objectives, Says Alassane Ouattara, President of Côte d'Ivoire
The President of the Republic of Côte d'Ivoire, Alassane Ouattara, on Thursday called on the Governors of the African Development Bank to "make the right decision" to enable… Read more »
September 26, 2019
Africa: Unga 2019 - Young Africans Will "Produce the Magic" Says AU Chief As the UN Sounds Warning On Sustainable Development Goals
Leaders should devise an "incentive structure" to promote a startup culture among young Africans. "I think they will produce the magic," Albert Muchanga, the African Union's… Read more »
September 23, 2019
Africa: UN, African Development Bank High-Level Meeting Calls for Speed and Action On SDGs
With an estimated 390 million people living in extreme poverty, hunger and food insecurity, Africa is in a race against time to deliver on its regional and global development… Read more »
July 08, 2019
Africa: Independent Development Evaluation Annual Report Highlights a Year of Delivering Knowledge, Engaging With Stakeholders, and Responding to Evaluation Needs to Improve the Lives of the People in Africa
On 21 May 2019, Independent Development Evaluation (IDEV) at the African Development Bank presented its 2018 Annual Report to the Bank's Committee on Development Effectiveness. Read more »
June 11, 2019
Africa: Donors Pledge $17 Million to Africa Solidarity Trust Fund At African Development Bank Annual Meetings Side Event
African and non-regional donors on Tuesday pledged $17 million to replenish the Africa Solidarity Trust Fund, an initiative which aims to provide food security and eliminate rural… Read more »
February 18, 2019
Africa: African Union - African Development Bank, High Level Consultative Meeting Addis Ababa, Ethiopia
The leadership teams of the African Union (AU) Commission and the African Development Bank (AfDB), led by Chairperson of the AU Commission, Moussa Faki Mahamat, and the President… Read more »
February 11, 2019
Africa: Addressing Subnational Inequalities to Advance Africa's Sustainable Development Agenda
When it comes to Africa's delivery on the UN Sustainable Development Goals, the policies of national governments and their partners will determine the continent's overall success.… Read more »
December 20, 2018
Africa: Africa's Quest for a Sustainable Future Will Ride On the Back of Resiliency, Financing and Planning Mechanisms
This year's UN Climate Summit (COP24) has come and gone. For the over 20,000 partiticpants who made the journey to Katowice, Poland for the summit, COP24 was mostly about getting… Read more »
December 17, 2018
Africa: Sustainability and Development in Informal Cities - Two Sides of the Same Coin
More than 80% of Africa's population growth over the next 30 years will occur in cities. Urban centres will generate the bulk of C02 emissions and waste, while also remaining… Read more »
December 14, 2018
Africa: The Land, Agriculture and Forestry Nexus At the Heart of African Sustainability
How Africa manages its land, agriculture and forestry is of critical importance to the health of its people, its economy and the world's climate. Read more »
December 05, 2018
Africa: New Africa's Sustainable Development Report Urges Improved Planning to Leverage Potential of Urbanization and Address Attendant Environmental Challenges
The latest report on Africa's sustainable development urges governments to strengthen their urban planning capacities to manage the potential of the region's ever-expanding cities… Read more »
December 06, 2018
Africa: At Closing of the 2018 African Economic Conference, Economic Integration Is Seen As a Game-Changer for Achieving Inclusive Sustainable Development
Economic integration is a game-changing reality and African countries must fully embrace it to achieve sustainable and inclusive development that reduce poverty- and inequality in… Read more »
November 29, 2018
Africa: PIDA Week 2018 - Experts weigh Africa's infrastructure needs against rapid urbanization and growing population
Despite challenges, "PIDA is already moving the development needle," African Development Bank expert says. Read more »
November 07, 2018
Africa: Renewable Energy in Africa - African Development Bank and Moroccan Agency Masen Join Forces to Roll Out 'Desert to Power' Initiative
The African Development Bank Group President Akinwumi Adesina and Mustapha Bakkoury, President of Moroccan agency Masen (Moroccan Agency for Sustainable Energy), have signed a… Read more »
October 15, 2018
Africa: African Development Bank and Peers Leverage Blended Finance to Unlock Nearly U.S. $ 9 Billion for Developing Countries
The African Development Bank and other development finance institutions (DFIs) last year used about US$1.2 billion in concessional funds to support nearly US$9 billion in private… Read more »
September 27, 2018
Africa: Evaluation Week 2018 Stresses Need for Partnerships and Collaboration for Success of Africa's Development Agenda
The African Development Bank wrapped up Evaluation Week 2018 with one particular message resonating among the hundreds of participants: Close collaboration and sharing of ideas and… Read more »
July 25, 2018
Mozambique: African Development Bank and Ifad Collaborate to Help Mozambique Build Knowledge On Climate Finance and Natural Capital
Dr. Sonia da Silveira - GCF Focal Point, technician of the Department of Monitoring & Evaluation from the Ministry of Economy & Finance Read more »
July 13, 2018
Africa: African Development Bank and Afreximbank Sign Strategic Factoring Project to Support African SMEs
The African Development Bank, through its Trade Finance operations, and Afreximbank today signed a Grant Agreement to support the development of factoring (a form of debtor finance… Read more »
July 11, 2018
Africa: Deepening Africa's Financial Systems - African Development Bank Promotes SMEs Access to Funds
The African Development Bank has approved an additional US$10 million equity investment in the African Guarantee Fund for SMEs. This support will enable the Fund to continue… Read more »
June 20, 2018
Africa: Building Sustainable Infrastructure for the Future - African Development Bank and World Bank Host Global Roundtable On Infrastructure Governance
The African Development Bank and the World Bank are hosting the Second Global Roundtable on Infrastructure governance and tools from 21-22 June 2018 in Grand Bassam, 41 Km south… Read more »
May 24, 2018
Africa: African Development Bank Achieves Historic Disbursement of US $7.81 billion, Exceeding 2017 Target
The African Development Bank, under the leadership of its President, Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa,… Read more »