July 02, 2020
Africa: African Development Bank Joins WTO and Other Mdbs to Support Trade Finance Amid COVID-19 Crisis
The African Development Bank Group has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that emerge as a result of the… Read more »
May 27, 2020
Africa: COVID-19 Presents Unique Opportunities to Speed Up Africa's Integration Agenda and Implementation of AfCFTA
The Africa Regional Integration Index (ARII 2019), a new report jointly launched by the African Development Bank, UN Economic Commission for Africa (UNECA) and the Africa Union… Read more »
May 18, 2020
Africa: On Turkey-Africa Partnership Panel, Participants Discuss Trade and Stimulus to Cushion the Economic Fallout of COVID-19
African Development Bank Vice President for Regional Development, Integration and Business Delivery Khaled Sherif said trade and stimulus were needed to cushion the economic… Read more »
March 19, 2020
Africa: African Development Bank Renews Risk Participation Agreement for Trade Finance With Sumitomo Subsidiary
The Board of Directors of the African Development Bank on Wednesday approved a $200 million Trade Finance Risk participation agreement (RPA) between Sumitomo Mitsui Banking… Read more »
February 07, 2020
Kenya: On the Kenya-Tanzania Border, the African Development Bank Eases Trade With One Stop Border Post
On the border between Tanzania and Kenya sits Namanga, a town of 16,000 residents where cross-border trade has thrived thanks to investment in a One Stop Border Post (OSBP). Read more »
February 03, 2020
Africa: Provide Young People With New Skills to Meet the Needs of a 21st Century Labor Market, African Development Bank Report Urges
"Youth must be prepared for the jobs of the future - not the jobs of the past," African Development Bank President Akinwumi Adesina said on Thursday at the launch of the Bank's… Read more »
January 23, 2020
Africa: African Development Bank President Akinwumi Adesina Opens Trading On London Stock Exchange
"My ringing of the bell here today, marks the beginning of a new exciting, strategic, and impactful engagement." - African Development Bank President Akinwumi Adesina Read more »
January 21, 2020
Africa: Ride the Wave of the African Continental Free Trade Area, African Development Bank President Adesina Urges UK Investors
Africa is on the cusp of unmatched economic transformation, and the UK must engage in a "partnership of change," African Development Bank President Akinwumi Adesina said Tuesday in… Read more »
January 17, 2020
Africa: African Development Bank's Akinwumi Adesina Heads to UK-Africa Investment Summit
New opportunities for bi-lateral trade and increasing UK investor appetite in Africa will be the main focus of the UK-Africa summit, convened by Prime Minister Boris Johnson, on… Read more »
January 16, 2020
Togo: Trading Thrives As New Highway Financed By the African Development Bank Opens Up Northern Togo
Every Tuesday, Alemondji market in northern Togo swarms with people. Amid the throng, Burkinabe and Ghanaian traders offer clothes and kitchen utensils for sale. Others, calling… Read more »
December 06, 2019
Africa: African Development Bank President Wins All Africa Business Leaders Awards ™ 2019 African of the Year Award
To follow in the footsteps of my big brother President Paul Kagame of Rwanda, who won the award in 2018, is an honour beyond description - Akinwmi Adesina Read more »
December 05, 2019
Africa: ADF-15 Replenishment - Donors Commit $7.6 Billion, a 32 Percent Boost From Last Replenishment, in Support of Africa's Low-Income, Fragile, Countries
Donors of the African Development Fund (ADF) on Thursday agreed to commit $7.6 billion to speed up growth in Africa's poorest nations and help lift millions out of poverty. Read more »
November 18, 2019
Africa: Africa Investment Forum 2019 - African Development Bank Signs $250-Million Risk Participation Agreement With Absa, to Address Africa's Trade Financing Gap
The African Development Bank has signed an unfunded $250-million Risk Participation Agreement (RPA) facility with ABSA - a pan-Africa financial institution with a solid presence in… Read more »
October 23, 2019
Africa: African Development Bank Funds Angola Initiative to Improve Business Environment and Diversify Exports
L to R: Joohoon Kim, Chargé d' Affaires of the Republic of Korea in Angola; Moono Mupotola, the Bank's Director for Regional Development & Regional Integration; Joffre… Read more »
August 06, 2019
Africa: AU, African Development Bank Sign $4.8 Million Grant Earmarked for Continental Free Trade Secretariat
The African Development Bank Group on Monday signed a $4.8 million institutional support grant to the African Union (AU) for implementation of the African Continental Free Trade… Read more »
July 04, 2019
Africa: AU Summit - President Adesina to Lead African Development Bank's Delegation, Continental Free Trade Area Talks to Top Summit Agenda
African Development Bank Group President Akinwumi Adesina will next week lead a delegation of top Bank officials to the extraordinary summit of Heads of State and Government of the… Read more »
June 20, 2019
Africa: African Development Bank, Mfw4a and Bmz/Giz Host International Workshop On Africa's Trade Finance Market
The African Development Bank, Making Finance Work for Africa (MFW4A) and the German Cooperation (BMZ/GIZ) held a two-day international workshop in Frankfurt, Germany, to improve… Read more »
June 17, 2019
Nigeria: Nigeria and the Continental Free Trade Area Agreement
The attention of the African Development Bank has been drawn to a story published by Sahara Reporters on June 16 quoting our Director of Industrial and… Read more »
June 14, 2019
Africa: Flying 'Sky-High' - African Development Bank Annual Meetings Conclude With Consensus On Regional Integration
The African Development Bank on Friday concluded its Annual Meetings, amid growing consensus that regional integration is imperative to a new phase in African prosperity. Read more »
Africa: Africa Ready to Commit to Free Trade
A growing commitment to a free trade area deal by the continent's leaders will spur efforts to create the world's largest free trade zone. Read more »
June 11, 2019
Africa: African Financial Institutions Play a Key Role in the Continent's Regional Integration, Says African Development Bank Vice-President Pierre Guislain
African Development Bank Vice-President for the Private Sector, Infrastructure and Industrialization, Pierre Guislain, on Tuesday stressed the major role that African financial… Read more »
Central Africa: Central Africa Could Be the Continent's Rising Star, Thanks to the African Continental Free Trade Area
Central Africa stands to benefit the most from the African Continental Free Trade Area (AfCFTA), data from the African Development Bank shows. Read more »
June 03, 2019
Africa: 'African Free Trade Area Offers Certainty Amid Chaotic Global Order,' Expert Tells Private Sector At African Development Bank Seminar
Business leaders shared their views on the widely anticipated African Continental Free Trade Area (AfCFTA) at a seminar hosted on 27 May by the African Development Bank at its… Read more »
April 25, 2019
Africa: African Development Bank Signs $50 Million Agreement With Natixis to Boost Trade Finance in Africa
The African Development Bank on Wednesday April 24, 2019 signed a US$50 million risk participation agreement (APR) with investment and corporate bank Natixis. Read more »
April 12, 2019
Africa: African Development Bank to Host Expert Working Group On Informal Cross-Border Trade
WHAT: Expert Group Meeting on Informal Cross-Border Trade (ICBT). Read more »
