February 02
Mozambique: Mozambique - African Development Bank Lends $40 Million to the Mozambique Rail and Port Authority to Buy Rolling Stock for the Ressano Garcia Railway Line
Finance Read more »
October 27, 2023
Africa: African Development Bank Joins Global Partners to Raise Financing for $1.6 Bn Multinational Lobito Transportation Corridor Programme
The African Development Bank has signed a Memorandum of Understanding (MoU), joining global partners to mobilise resources for the Lobito Corridor and the Zambia-Lobito rail line… Read more »
October 24, 2023
Africa: Rich in Green Minerals, African Countries Eye Booming Electric Vehicle and Clean Energy Market Worth Trillions of Dollars
The International Energy Agency projects that manufacturers of clean energy technologies will need forty times more lithium, twenty-five times more graphite, and about twenty times… Read more »
October 19, 2023
Rwanda: African Development Bank Commits Over $23 Mln to Rwanda's New Aviation Centre of Excellence
The Board of Directors of the African Development Bank Group has approved a $23.6 million loan for the construction and equipment of a new aviation training facility in the Rwandan… Read more »
August 10, 2023
Africa: Mozambique's $170 Million Negomano-Roma Road Project Unveiled, Marking a Major Milestone in Enhancing Trade Between Mozambique and Tanzania
Road to transform lives of millions in Cabo Delgado Province Read more »
July 18, 2023
Benin: Benin - African Development Bank Group Extends Ꞓ80 Million Loan for Port of Cotonou Upgrading
Support from the African Development Bank for the Port of Cotonou will enable the construction of a new container terminal called "T5", among other things. (© PROSPER… Read more »
June 30, 2023
Africa: African Development Bank Teams Up With Airplane Manufacturers Airbus, Atr to Boost African Commercial Aviation
The African Development Bank has held workshops with aircraft manufacturers Airbus and ATR to explore ways of strengthening access to finance for African airlines. Read more »
June 20, 2023
Ghana: Ghana - African Development Bank Approves $23.04 Million for Modern Floating Dock Facility
The Board of Directors of the African Development Bank has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the… Read more »
June 07, 2023
East Africa: The African Development Bank to Boost Electricity and Transport Infrastructure, Value Chain Development and Trade Facilitation to Spur Regional Integration in East Africa in 2023-2027
Over the next five years, the African Development Bank will invest in cross-border electricity interconnections to strengthen connectivity and increase access to reliable and… Read more »
December 02, 2022
Uganda: Uganda - African Development Bank Group Commits $301 Million to Renovate the Country's Meter Gauge Railway and Bolster Regional Trade
The African Development Bank is providing $300 million to refurbish metre-gauge railway lines in Uganda Read more »
October 31, 2022
Africa: Africa Investment Forum - African Continental Free Trade Area Provides Fresh Impetus for Deeper Railway Networks
Demand for more extensive rail infrastructure in Africa received a boost following the coming into force of the African Continental Free Trade Agreement in early 2021. The… Read more »
September 08, 2022
Cape Verde: Upgraded Maio Port to Transform Economy, Boost Trade in Cabo Verde
African Development Bank President Dr. Akinwumi A. Adesina on Wednesday inaugurated the upgraded Port of Maio in Cabo Verde, which will help reduce sea travel time to the capital… Read more »
June 27, 2022
Senegal: The Dakar TER, an Express Train to Development in Senegal
The smiling boy runs up to his brother, who is waiting for him by the school gate. Together, they hurry to one of the stations served by Senegal's first regional express train, or… 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 »
May 21, 2022
Congo-Kinshasa: African Development Bank Support for Two Road Projects Opens Up Major Agricultural Areas in the DRC
In the early 2010s, Godelive Ngalula, a trader from Kikwit, the main town of Kwilu Province in the Democratic Republic of Congo, spent a week to travel the 350 kilometres (km) to… Read more »
March 23, 2022
Liberia: The Mano River Union - African Development Fund Commits $88.2 Million for Road Development and Transport Facilitation in Liberia and Sierra Leone
In the past five years, the African Development Bank Group has provided over 69 million people with improved transport - picture: Moyale-Mombasa Road, © AfDB Read more »
November 02, 2021
Congo-Kinshasa: DRC-Africa Business Forum - Moving Africa Up the Ladder in the Battery, Electric Vehicle (Bev) and Renewable Energy Value Chain and Market
What: DRC Africa Business Forum Read more »
October 07, 2021
Zimbabwe: African Development Bank Donates Vehicles to Strengthen Disaster Preparedness in Zimbabwe
The African Development Bank handed over a consignment of vehicles, tools and equipment to Zimbabwe officials this week. The vehicles will strengthen the country's capacity in… Read more »
May 25, 2021
Africa: The Impact of Covid-19 On the African Tourism and Transport Industries
What: Webinar Read more »
April 06, 2021
Egypt: Egypt - The African Development Bank Extends €145 Million Loan to Bolster Railway Safety and Reliability
The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and performance upgrades to the country's rail system under… Read more »
December 04, 2020
Africa: Covid-19 Pandemic Offers African Aviation a Chance to Reset
The air transport system is really at the forefront of all our collective objectives to realize Africa as a single economic bloc - VP Solomon Quaynor Read more »
November 13, 2020
Africa: The African Development Bank, Mdbs, to Sign Joint Statement On Road Safety
virtual Read more »
September 08, 2020
Namibia: Walvis Bay Port Now a Regional Logistic Hub As New Container Terminal Runs At Full Capacity
The new container terminal at the Namibian Port of Walvis Bay, built between 2014 and 2019, gives the country a high-end port facility. The terminal, commissioned in August 2019,… Read more »
June 10, 2020
Sudan: The African Development Bank Gives $1.2 Million for Ethiopia-Sudan Railway Study
The African Development Bank's Board of Directors has approved a $1.2 million grant to Ethiopia's government to finance a feasibility study into a standard-gauge railway (SGR) link… 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 »