July 02, 2018
Africa: U.S. Trade and Development Agency and African Development Bank Expand Procurement Partnerships in Africa
The African Development Bank has signed a memorandum of understanding with the U.S. Trade and Development Agency to partner under USTDA's Global Procurement Initiative:… Read more »
May 24, 2018
Africa: With a Strong Financial Profile, the African Development Bank is Spearheading Africa's Economic Transformation
The African Development Bank has a very strong financial profile and remains focused on optimizing and strengthening its balance sheet to more effectively accompany African… Read more »
May 23, 2018
Africa: Regional Cooperation, Structural Reforms Key to Economic Transformation
Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said… Read more »
May 17, 2018
Africa: African Development Bank Approves U.S.$100 Million for Expansion of Fertilizer Production
The African Development Bank has approved US$100 million senior loan to Nigerian firm, Indorama Eleme Fertilizer & Chemicals Limited, to support the company's plans to double… Read more »
May 09, 2018
Africa: "Africa Business Day" Equips Southern African Companies Seeking to Expand Beyond Regional Markets
The African Development Bank, Johannesburg Stock Exchange (JSE) and the Industrial Development Corporation of South Africa (IDC) jointly organized the first "Africa Business Day"… Read more »
May 08, 2018
Africa: Africa Investment Forum Endorsed as a Game Changer for Financing Africa's Infrastructure Development
By 2050, just 32 short years from now, Africa’s growing population will tip the scales at a whopping 2 billion, with a youth of 840 million. In the process, the continent… Read more »
Africa: Speech By Dr. Akinwumi A. Adesina, President of the African Development Group, At the Media Launch of the Africa Investment Forum, Johannesburg, May 8, 2018
Your Excellencies Read more »
April 12, 2018
Africa: African Development Bank's Trade Finance Operation Signs U.S. $100-Million Soft Commodity Finance Facility Agreement With the Export Trading Group
(from left) Mahesh Patel, Executive Chairman, Export Trading Group; Temple Uchegbune and Bleming Nekati of the African Development Bank (Senior Legal Counsel and Chief Trade… Read more »
April 05, 2018
Africa: African Development Bank Approves a U.S. $50-Million Risk Participation Agreement for Commerzbank AG to Address Africa's Trade Finance Market Demand
The Board of Directors of the African Development Bank has approved a US $50-million unfunded Risk Participation Agreement for Commerzbank AG (Commerzbank). The Risk Participation… Read more »
March 23, 2018
Africa: African Development Bank Pledges Full Support Towards Success of Continental Free Trade Area
The African Development Bank celebrates with Africa and pledges its full support to achieve the success of the recently launched Continental Free Trade Area, as part of its… Read more »
March 21, 2018
Africa: Governance Is Key to Boosting Intra-Africa Trade of Timber Products, Says Report By African Natural Resources Centre, African Development Bank
A new report by the African Natural Resources Centre of the African Development Bank has stressed the importance of forestry governance to boosting intra-African trade of wood… Read more »
March 06, 2018
Africa: African Development Bank Approves U.S.$100-Million Trade Finance Facility in Angola
The Board of Directors of the African Development Bank has approved a US $100-million Trade Finance Line of Credit to Angola's Investment Bank (Banco Angolano de Investimentos,… Read more »
December 11, 2017
Africa: Fair Trade With Europe Should Depend On Quality African Exports
The EPAs are ongoing negotiations expected to create a free trade area between the European Union and African, Caribbean and Pacific Group of States (ACP). Read more »
December 07, 2017
Africa: Senegal's New Airport Opens
African Development Bank gives wings to Senegal's aviation industry Read more »
October 11, 2017
Africa: AfDB Launches Training Programme to Grow Africa's Textile Industry
64 women take part in maiden fashion masterclass in Ethiopia Read more »
October 06, 2017
Africa: African Development Bank Releases Second Trade Finance in Africa Survey Report, "Overcoming Challenges"
The value of bank-intermediated trade finance in Africa in 2013 and 2014 is estimated at US $430 billion and US $362 billion, respectively. Put differently, banks support about one… Read more »
June 30, 2017
Nigeria: Stakeholders Validate Abidjan-Lagos Highway Corridor Trade Facilitation Needs Assessment Report
To boost trade, investments, growth and overall development, stakeholders have called for the creation of exclusive economic zones/hubs along the Abidjan-Lagos Highway Corridor. Read more »
June 15, 2017
Africa: Intra-Africa Trade and Visa Openness, Says Africa Tourism Monitor
More than ever before, African countries need to craft economic and trade policies that will foster inclusive and green tourism growth, intra-Africa trade, and contribute to visa… Read more »
Africa: Adesina - Its Time to Reboot and Boost U.S.-Africa Commerce and Investments
Flagging data showing the steep fall in trade between Africa and the United States of America, AfDB President Akinwumi Adesina called for a reboot and boost of the erstwhile robust… Read more »
May 25, 2017
Africa: "To Develop Its Textiles Market, Africa Needs Its Cotton"
Pathé'O - of Burkina origin and Ivorian by adoption - and Sidahmed Alphadi - from Niger -, fashion designers of international renown, pleaded the cause of African cotton, a… Read more »
May 23, 2017
Africa: Intra-African Trade Is Key to Sustainable Development - African Economic Outlook
Trade between African countries has the greatest potential for building sustainable economic development and integration, says African Economic Outlook 2017, a flagship report of… Read more »
Africa: Missing Links to Indian-African Trade and Investment Promotion Identified
Experts at the 52nd African Development Bank Annual Meetings, which started Monday in Ahmedabad, India, have identified the missing links to building a strong trade and investment… Read more »
April 13, 2017
South Sudan: AfDB Approves U.S. $18.15 Million to Support South Sudan's Membership in the African Trade Insurance Agency and Trade & Development Bank
The African Development Bank Group (AfDB) has approved a US $18.15 million facility to the Government of South Sudan (GRSS), to assist the country with the required resources for… Read more »
March 30, 2017
Africa: AfDB Approves a Usd 450 Million Trade Finance Package for the African Export-Import Bank (Afreximbank)
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 29, 2017 a USD 450 million Trade Finance Package for the African Export-Import Bank… Read more »
January 25, 2017
Kenya: AfDB Approves U.S.$90-Million Financial Package to Boost Commercial Bank of Africa's Funding of SMEs in Kenya and Grow Trade Finance in Africa
The Board of Directors of the African Development Bank has approved a US $90-million financial package comprising a US $50-million Line of Credit and US $40-million Trade Finance… Read more »