May 06, 2020
Chad: African Development Bank Approves €40 Million in Grants for Bridge Linking Cameroon and Chad
The Board of Directors of the African Development Bank Group has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the… Read more »
April 20, 2020
Africa: African Development Bank Debars China Zhonghao Nigeria Limited for 18 Months for Fraudulent Practices
The African Development Bank Group on 14 April 2020, announced the debarment of China Zhonghao Nigeria Limited, a civil engineering company registered in Nigeria, for 18 months,… Read more »
April 06, 2020
Ghana: African Development Bank-Facilitated $600 Million Cocobod Loan Gives Cocoa Farmers Hope for Future
Agnes Korkor Ababio climbs onto the back of a pick-up truck and begins counting a stack of 64-kg cocoa bags heaped in the vehicle. Read more »
March 17, 2020
Nigeria: African Development Bank to Provide Underserved Communities in Nigeria With Sustainable Energy Solutions
The African Development Bank and the Government of Nigeria have launched the National Electrification Project (NEP), to address critical energy access deficits by channeling… Read more »
March 13, 2020
Nigeria: Africa Fertilizer Financing Mechanism Launches $2.2 Mill Project in Nigeria to Boost Fertilizer Supply to 200,000 Farmers
The Africa Fertilizer Financing Mechanism (AFFM) has kick-started a $2.2 million project to provide fertilizer suppliers in Nigeria with financial support to improve supply for… Read more »
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 »
March 12, 2020
Africa: African Development Bank's Road Project in Sierra Leone Cuts Travel Times and Transforms Lives
For truck driver Joseph Turay, navigating the 120 km Matotoka-Sefadu road in northeastern Sierra Leone used to be a nightmare. On average, he spent between five hours to one day on… Read more »
March 11, 2020
Cameroon: African Development Bank Launches Project to Tackle Electricity Metering Challenges
The African Development Bank and the multi-donor Fund for African Private Sector Assistance (FAPA) have joined the government of Cameroon to launch an initiative to bolster the… Read more »
Ghana: Ghana Seeks African Development Bank Support for Domestic Development Bank
Ghana is seeking support from the African Development Bank Group to establish a national development bank, the country's Finance Minister Kenneth Ofori-Atta told a delegation of… Read more »
March 09, 2020
Africa: African Development Bank Executive Directors Visit Pioneer Member Country With $3 Billion Project Portfolio
A five-member delegation of African Development Bank Executive Directors has concluded a week-long fact-finding mission to Cameroon during which they met with the country's Prime… Read more »
March 04, 2020
Nigeria: Visiting Abia State Governor Seeks Partnership With African Development Bank to Transform State Into Industrial Hub
A thriving entrepreneurship industry and agricultural base in Nigeria's Abia State are the foundation for the creation of a potentially viable industrial hub, its governor Okezie… Read more »
Ghana: "You Have Been in the Trenches With Us,"Ghana Vice President Mahamudu Bawumia Tells African Development Bank
The African Development Bank's support for the west African nation Ghana has boosted its government's efforts to consolidate the economy, the country's Vice President, Mahamudu… Read more »
March 01, 2020
Nigeria: 83rd Birthday Message To President Olusegun Obasanjo
Dearest Baba, Read more »
February 21, 2020
Africa: All Hands On Deck to Implement Special Agro-Industrial Processing Zones, Says Minister Nanono
The African Development Bank, in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss details around Special Agro-Industrial Processing… Read more »
February 05, 2020
Cameroon: In Cameroon, New Seed Varieties Help Cocoa Crops Bloom and Farmers Thrive
Antoine Mani Tonye sinks his thumb into the red soil to gauge how deep to plant the next seedling. The Cameroonian cocoa farmer has seen healthy yields and an improvement in his… Read more »
February 04, 2020
Liberia: African Development Fund Approves Close to $35 Million to the Government of Liberia for Renewable Energy
The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. Read more »
January 29, 2020
Nigeria: 'Agriculture Is the Most Important Business in the World,' African Development Bank President Akinwumi Adesina Tells Students
African Development Bank President Akinwumi Adesina reminded students of the important role they have to play in the continent's economic development, as he was conferred with an… Read more »
Mali: African Development Bank Support Improves Livelihood of Rural Youth
Momou Dembélé, 30, is a qualified electrician. Married with two children, she left her hometown of Kimparana, where she trained, for Ségou in central Mali. 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 »
São Tomé and Príncipe: The African Development Bank Signs €6 Million Grant for São Tomé and Principe
The African Development Bank on Wednesday signed a €6.18 million grant in budgetary support to the Democratic Republic of São Tomé and Principe. Read more »
January 15, 2020
Senegal: African Development Fund Board Approves $37.2 Million in Credit Risk Participations By the Private Sector Credit Enhancement Facility for Non-Sovereign Operations in Kenya, Sudan and Senegal
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on January 15, 2020, credit risk… Read more »
December 23, 2019
Africa: Ecowas Endorses Adesina for Second Term As President of the African Development Bank
The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina for a second term at the helm of the… Read more »
Africa: 'Let West Africa's Success Echo Throughout the World.' Ecowas Hails the Success of African Development Bank Investments in the Region
The African Development Bank's investments in West Africa are yielding remarkable results, the President of the Economic Community of West African States (ECOWAS), Jean-Claude… Read more »
December 20, 2019
Africa: Getting Onboard - A New Highway Along the Nigeria-Cameroon Border Is Helping Women Commuters and Villagers All Around
Women commuters along the Nigeria-Cameroon border are breathing a sigh of relief. Read more »
December 16, 2019
Cape Verde: African Development Bank Commits €20 Million to Boost Private Sector Competitiveness in Cabo Verde
The African Development Bank's Board of Directors today approved a €20 million loan to strengthen the private sector's role in Cabo Verde's economic growth. Read more »