December 15, 2023
Cameroon: Cameroon - African Development Bank Grants a Loan of Eur 74 Million for Electricity Sector Reforms to Facilitate Universal Access to Power
The Board of Directors of the African Development Bank Group approved a loan of EUR 74.25 million to Cameroon in Abidjan on 14 December 2023 to implement the first phase of the… Read more »
December 12, 2023
West Africa: African Development Bank Signs Eur 70 Million Financing Agreement With Boad to Strengthen Support for the Private Sector in West Africa
Wilfrid Abiola (left), head of the African Development Bank's office in Togo, and Moustapha Ben-Barka (right), Vice-President of BOAD in charge of Financing and Investment, at the… Read more »
December 08, 2023
Africa: Senegal Makes Its Entry On the International Sustainable Finance Market With Eur 400 Million Partial Credit Guarantee From the African Development Bank
Proceeds from loans secured through AfDB's partial guarantee will be allocated exclusively to social and green investment sectors. Read more »
Africa: COP28 Side Event - Post Dakar 2 African Initiatives for Food Sovereignty and Resilience: Lessons Learned and Perspectives
What: Read more »
Africa: Nigeria - African Development Bank and Fsdh Merchant Bank Sign $20 Million Trade Finance Agreement to Support SMEs and Corporates
Bukola Smith, Managing Director, FSDH Merchant Bank (left) and Lamin Barrow, Director General, African Development Bank Nigeria Country Department, display copies of the signed… Read more »
December 11, 2023
Cote d'Ivoire: Côte d'Ivoire - African Development Bank Approves €165 Million in Loans to Accelerate Industrial Diversification and Boost Competitiveness and Job Creation
The DAICE Programme, supported by the African Development Bank, aims to strengthen the Ivorian Government's efforts towards economic diversification, the green transition and… Read more »
December 01, 2023
Africa: Senegal - African Development Bank Loans Over Eur 74 Million to Strengthen Internal Resource Mobilization and Support Industrial Activities
The African Development Bank's action will contribute to increasing the State's public resources to improve people's living conditions. Read more »
November 30, 2023
Africa: Cameroon - African Development Bank Group Loans Over Eur 73 Million for Construction of a Bridge Over the River Ntem Between Campo (Cameroon) and Rio Campo (Equatorial Guinea)
The Board of Directors of the African Development Bank Group on 29 November 2023 granted financial support of EUR 73.44 million to Cameroon for the construction of a bridge over… Read more »
November 29, 2023
Ghana: The African Development Bank Launches Research Project On Grain Quality Grading and Certification in Ghana
Bowls full of grains displayed in a market in Accra, Ghana Read more »
Burkina Faso: Burkina Faso - African Development Bank Supports New Hygiene, Water and Sanitation Projects With €43 Million
The Minister for the Environment, Roger Baro (3rd from right) and the Bank's Country Manager, Daniel Ndoye (1st from left) took part in the launch ceremony of the two projects. Read more »
November 27, 2023
Nigeria: Nigeria - African Development Bank Approves $80 Million for Investment in Ekiti Knowledge Zone
With $80M in AfDB financing, Ekiti Knowledge Zone will attract private investment into the digital and knowledge economy sectors of Nigeria's Ekiti state and its neighbours Read more »
November 22, 2023
Senegal: Senegal - African Development Bank Agrees Loan of Nearly €87 Million for Agropole Nord
Planned for construction and implementation over 5 years, Senegal's Agropole Nord will help to sustainably increase household incomes and food security. Read more »
November 17, 2023
Mauritania: African Development Bank Approves Desert to Power Rimdir Mini Grid Electrification Project in Mauritania
The African Development Bank Group on 2 November 2023, approved a contribution of EUR 14.42 million towards the RIMDIR Mini Grid Electrification Project in Mauritania as part of… Read more »
November 14, 2023
Africa: Public Procurement - Experience-Sharing and Skills Enhancement for African Stakeholders At Appn General Assembly in Abidjan
The third General Assembly of the African Public Procurement Network (APPN) got underway in Abidjan on Monday, intending to ensure that representatives from APPN member countries… Read more »
November 08, 2023
Togo: Togo - African Development Bank and Government Agree to Accelerate Implementation of 2021-2026 Country Strategy Paper
The Government of Togo and the African Development Bank have agreed to increase the pace of ongoing projects on the structural transformation and diversification of the country's… Read more »
November 03, 2023
Ghana: Ghana - African Development Fund Approves $102.59 Million Grant for Government's Fiscal Consolidation and Economic Recovery Program
The Board of Directors of the African Development Bank Group has approved a $102.59 million grant in budget support to the Ghana government's Fiscal Consolidation and Economic… Read more »
October 25, 2023
Cameroon: Cameroon - African Development Bank Commits €203 Million Loan to Land-Use Development and Promotion of the Private Sector in the Far North
The African Development Bank is providing significant financial support to Cameroon for major road infrastructure works in the country's Far North. Read more »
October 18, 2023
Nigeria: African Development Bank, African Guarantee Fund Kick Off Afawa Finance Series Nigeria to Unlock Financing for Women-Led Start-Ups
Consul-General of the Kingdom of Netherlands, HE Michel Deelen; Special Assistant to Nigeria's Minister for Women Affairs Dr Fatimah Abdullahi; African Guarantee Fund Group CEO… Read more »
Guinea: Guinea - Agricultural Supplies Delivered As Part of the African Development Bank's Emergency Food Production Project
The transitional government in Guinea, in partnership with the African Development Bank Group, has received a large consignment of agricultural supplies in Guinea's western town of… Read more »
October 16, 2023
Gambia: 24-Kilometre Road Co-Financed By African Development Bank and the EU Game-Changer for Livelihoods in the Gambia
Gambian President Adama Barrow has commissioned the 24-kilometer Senegambia Bridge access road co-financed by the African Development Bank and the European Union, saying it is a… Read more »
October 10, 2023
West Africa: African Development Bank Builds Capacity in 4,500 Small Enterprises in Guinea, Ghana and Benin
The launch press conference of the Project to Build the Resilience of Micro, Small and Medium Enterprises in Guinea, Ghana and Benin © AfDB 2023 Read more »
October 09, 2023
Gambia: Gambia - African Development Bank Grants Nearly $7 Million to Improve Governance and Strengthen Fiscal Resilience
The African Development Bank grants financial support to The Gambia to improve its governance and fiscal resilience Read more »
October 05, 2023
Benin: Benin - African Development Bank's 2023 Country Focus Report Calls for a Concerted Effort to Seize Investment Opportunities
The African Development Bank has called on Benin to adopt a concerted approach to seize investment opportunities in agriculture, energy, transport and green industry, in its 2023… Read more »
West Africa: West Africa - African Development Bank, Ecowas Bank for Investment and Development Sign Loan Agreement for $50 Million and €50 Million to Enhance Regional Food Security
The African Development Bank Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and… Read more »
Mali: Mali's Natural Capital Offers Opportunities for Private Climate Finance and Green Growth, Says the African Development Bank's 2023 Country Focus Report
During the launch workshop of the African Development Bank 2023 Country Focus Report for Mali, the Malian private sector learned of investment opportunities to be seized in the… Read more »
