November 09, 2022
Togo: In Togo, the African Development Bank-Supported Agro-Food Processing Project Hits Its Stride
In the pilot agropole of Kara, located some 423 kilometres north of Lomé, the capital city of Togo, there is a constant hum of bulldozers and harrowers. A few metres away… Read more »
November 04, 2022
Africa: Nigeria - African Development Bank, First City Monument Bank Sign Agreement for $50 Million Line of Credit to Bolster Access to Finance for Small, Medium and Women-Owned Businesses.
The African Development Bank has signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit to support access to finance for small and medium-sized… Read more »
October 28, 2022
Nigeria: Ten Quick Facts You Should Know About Nigeria Special Agro-Industrial Processing Zones Program
The Special Agro-Industrial Processing Zones (SAPZ) program is a flagship African Development Bank initiative. The zones bring together the production, processing, storage,… Read more »
Cote d'Ivoire: Côte d'Ivoire - Road Users Eagerly Anticipate Relief As African Development Bank Financed '4th Abidjan Bridge' Nears Completion
This majestic structure, laid out on the right flank of the Attécoubé commune in central Abidjan, is gradually taking shape and its future users can now see it from a… Read more »
October 26, 2022
Nigeria: Nigeria - Special Agro-Industrial Processing Zone Program Stokes Investor Interest
Nineteen more states to join second phase Read more »
Senegal: African Development Bank Group Extends €63.6 Million Loan for Agro-Processing Project in Senegal
The Board of Directors of the African Development Bank Group on 26 October 2022 in Abidjan approved a loan of €63.6 million to Senegal to implement the Agropole-Centre… Read more »
October 24, 2022
Nigeria: African Development Bank and Partners Launch $520 Million Special Agro-Industrial Processing Zones to Transform Nigeria's Agriculture
"There is no reason for anyone to go hungry in Nigeria," Dr. Akinwumi A. Adesina Read more »
October 19, 2022
Africa: Nigeria Special Agro-Industrial Processing Zones Initiative to Be Launched Oct 24
What: Launch of Special Agro-industrial Processing Zones Phase One Nigeria Read more »
Nigeria: Nigeria Special Agro-Industrial Progressing Zones Initiative to Be Launched Oct 24
What: Launch of Special Agro-industrial Processing Zones Phase One Nigeria Read more »
October 13, 2022
Liberia: African Development Fund Extends $3 Million in Additional Financing for Liberia's Special Agro-Processing Zone Scheme
The Board of Directors of the African Development Bank Group has approved an additional $3 million of mixed financing for the Special Agro-Industrial Processing Zone project in… Read more »
October 07, 2022
Cote d'Ivoire: Côte d'Ivoire - African Development Fund to Release $10.53 Million to Secure Electricity Access for Approximately 500,000 Inhabitants in 739 Localities
The Board of Directors of the African Development Fund, the concessional financing window of the African Development Bank Group has approved $10.53 million in financial support to… Read more »
October 05, 2022
Africa: Nigeria - African Development Bank Approves $25 Million Trade Finance Facility for Fsdh Merchant Bank for Local SMEs
The Board of Directors of the African Development Bank Group has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in… Read more »
Benin: Benin - African Development Fund to Provide Partial Credit Guarantee to Facilitate Resource Mobilization for Sustainable Development Goals
The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, has approved a partial credit guarantee to support… Read more »
October 04, 2022
Guinea Bissau: Guinea-Bissau - Energy and Transport Infrastructure At the Core of African Development Bank's 2022-2026 Country Strategy
To address Guinea-Bissau's development challenges, the African Development Bank's new strategy will promote economic diversification, structural transformation and lay the… Read more »
September 30, 2022
Guinea Bissau: Guinea-Bissau - African Development Bank Project Strengthens Judiciary, Boosts Enrolment of Women Lawyers
Implemented between 2017 and 2021, the Guinea-Bissau Support Project to Build Institutional Capacity in the Justice Sector helped to improve the quality of training in the judicial… Read more »
September 27, 2022
Burkina Faso: Burkina Faso - African Development Bank Supports Government Efforts to Relieve Internally Displaced Persons
On the north-eastern outskirts of Ouahigouya, the capital of Yatenga Province in northern Burkina Faso, the size of two internally displaced persons (IDP) camps indicates the scale… Read more »
September 26, 2022
Cameroon: Cameroon - New African Development Bank Funds to Develop the Port Sector and Sustainable Urban Sanitation
The African Development Bank Group has provided new funding for two ongoing major projects in Cameroon: the Develop Access Roads to the Industrial and Port Area of Kribi Project… Read more »
September 23, 2022
Nigeria: Nigeria's President Buhari, African Development Bank President Woo Global Investors At New York International Partnership Forum
With the right conditions in place, we can confidently say Nigeria is a great investment destination" - Adesina Read more »
Senegal: Senegal - African Development Bank Provides €29 Million for Development of Road Networks 6 Communes
The Board of Directors of the African Development Bank Group has approved a €28.88 million loan for improvements to the road and transport network linking six Senegalese… Read more »
September 16, 2022
Africa: Senegal - African Development Fund Replenishment Meeting - Delegates Visit Rice Fields and Interact With Beneficiaries of Projects Financed By the Fund
On Thursday, 15 September 2022, the farmers of the Baboulaye Valley in western Senegal welcomed special visitors. Delegates from the African Development Fund (ADF), the African… Read more »
September 21, 2022
Mali: Mali - African Development Bank to Accelerate Roll-Out of Country Projects to Tackle Poverty
The government of Mali and the African Development Bank have agreed to accelerate ongoing country projects that aim to reduce poverty, following a high-level Bank Group mission,… Read more »
September 16, 2022
Cameroon: Cameroon - The African Development Bank and the Government Support a Financing Agreement to Develop Agricultural Value Chains
Cameroon's Minister of Agriculture and Rural Development Gabriel Mbairobe and the General Manager of the Commercial Bank of Cameroon, Léandre Djummo, have signed, on… Read more »
September 13, 2022
Mauritania: African Development Bank Group President Akinwumi Adesina to Visit Mauritania
The President of the African Development Bank Group, Dr. Akinwumi A. Adesina, will travel to Mauritania on 12 September 2022 for a three-day visit. Read more »
Mauritania: Mauritanie - Visite Du Président Du Groupe De La Banque Africaine De Développement, Akinwumi Adesina
Quoi ? Visite en Mauritanie Read more »
September 12, 2022
Cape Verde: African Development Bank's Support to Propel Cabo Verde's Efforts to Become Regional ICT Hub
Cabo Verde is on course to becoming a regional ICT hub, thanks to the country's investment in a digital transformation vision, with active support from the African Development… Read more »