April 26, 2023
Africa: Nigeria - African Development Bank and Africa Fintech Network Sign $525,000 Grant to Strengthen Development of Fintech in Africa
The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a… Read more »
April 24, 2023
São Tomé and Príncipe: Sao Tome and Principe - African Development Bank Holds Civil Society Open Day
The African Development Bank Country Office in Sao Tome and Principe held its maiden Open Day on 23 March 2023 to discuss its country strategy and portfolio, opportunities, and… Read more »
April 20, 2023
West Africa: Côte d'Ivoire - Singrobo-Ahouaty, West Africa's First Private Sector-Financed Hydropower Plant to Supply Electricity to 100,000 Households and Reduce Greenhouse Gas Emissions.
Three years after construction began, the Singrobo-Ahouaty hydropower plant project, located some 150 km north of Abidjan, achieved a completion rate of 78.93% as of end-March… Read more »
April 14, 2023
Mauritania: Mauritanian Waste Collection Company Transforms Into a Profitable Venture From Nothing
Growing up in a humble neighborhood outside Nouakchott, the capital of Mauritania, Lehbib Mohamed El Kory was like many youth in town wasn't expecting much from life. But he… Read more »
April 07, 2023
West Africa: West African Monetary Institute to Receive $8 Million From African Development Fund to Support Enhanced Banking Identification and Financial Sector Efficiency in the West African Monetary Zone
The Board of Directors of the African Development Fund has approved $8 million in funding toward the establishment of a digitally interoperable unique bank identification system… Read more »
March 30, 2023
São Tomé and Príncipe: Sao Tome and Principe - African Development Bank Signs $3.2 Million Loan Agreement for Upgrade of National Switch Payment System
The African Development Bank Group and the government of Sao Tome and Principe have signed a $3.2 million loan agreement to upgrade the country's National Switch payment system… Read more »
Ghana: Ghana - African Development Bank and Cif Enhance Gender-Responsive Monitoring, Evaluation and Reporting Capacity in Forestry Sector
The African Development Bank and Climate Investment Funds (CIF) held a three-day workshop to enhance in-country gender-responsive monitoring, evaluation and reporting capacity in… Read more »
Senegal: Gender in Focus - African Development Bank's Digital Ambassadors Program Training Boosts Senegalese Entrepreneur Business Performance, Service to Community
Senegalese entrepreneur Fatou Diouf is one of 1,000 youth selected from 21,000 applicants for the African Development Bank's Digital Ambassadors program. Read more »
March 27, 2023
Ghana: African Development Bank Approves $28.49 Million Grant to Enhance Ghana's Universal Electrification Goal
The Board of Directors of the African Development Bank has approved a grant of $28.49 million for Ghana to construct renewable energy infrastructure that will increase its… Read more »
March 23, 2023
Africa: Mauritania - African Development Bank and BCI Group Sign U.S.$ 485,000 Afawa Technical Assistance Agreement to Promote Financial Inclusion of African Women's Enterprises
The African Development Bank and the Bank for Trade and Industry (BCI) of Mauritania have signed a $485,000 technical assistance agreement for the Affirmative Finance Action for… Read more »
Nigeria: African Development Bank Signs Ꞓ362,000 Grant Agreement With Hadejia Jama'are Komadugu Yobe Basin-Trust Fund to Support Water Resources Development in Northern Nigeria
The African Development Bank has signed a Ꞓ362,000 grant agreement with Hadejia Jama'are Komadugu Yobe Basin-Trust Fund to prepare additional studies under the second phase of… Read more »
March 21, 2023
Liberia: Liberia - African Development Fund Grant to Modernise Payments Infrastructure and Systems
The African Development Fund's Board of Directors has approved $3.9 million grant to finance upgrade of Liberia's payments infrastructure and systems project. Read more »
March 22, 2023
São Tomé and Príncipe: Open Day for Sao Tomé and Principe Civil Society Organizations
What: Read more »
March 15, 2023
Africa: International Women's Month 2023 - Abidjan-Based Women Investment Champions Share Their Journeys With Africa Investment Forum
The Africa Investment Forum marked International Women's Day by hosting a special evening session for African women business leaders and innovators under its "Women as investment… Read more »
March 08, 2023
Cote d'Ivoire: International Women's Day 2023 - Digital Expert Honored By Government of Côte d'Ivoire Talks to Bank Vice President Dr. Beth Dunford About Women in Digital Sector
Ivorian Karine Oulaté is a former professional basketball player who in a second career, has become a most valuable player in West Africa's digital scene. Read more »
Africa: International Women's Day 2023 - Afawa Finance Series Enhances Gender Focus of Ghana's Digital Financial Services Policy, Bolsters Commitments to Overcome Financing Gaps
Ghana's Central Bank has lauded the African Development Bank's Affirmative Finance Action for Women in Africa (AFAWA) initiative for its role in equipping women-owned businesses to… Read more »
March 09, 2023
Benin: Benin - African Development Bank, Government and Stakeholders Explore Strategies to Boost the Textile Sector
The African Development Bank Group's country office in Benin held a workshop on the challenges facing the country's textile industry and how to build the capacity of stakeholders… Read more »
March 13, 2023
Nigeria: Nigeria to Launch the Investment in Digital and Creative Enterprises Program (I-Dice)
What: Read more »
March 14, 2023
Nigeria: African Development Bank and Partners Invest $618 Million in Nigeria's Digital and Creative Industries
iDICE initiative will create 6 million jobs and position Nigeria's as Africa's leading hub for young tech and creative entrepreneurs Read more »
March 06, 2023
Senegal: Gender in Focus - Senegalese 'Agripreneur' and African Development Bank Agripitch Competition Winner Says Digital Marketing Key to Luxury Tea Startup Success
Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its… Read more »
March 04, 2023
Africa: Time for Africa to Feed Itself - Dakar 2 Summit Takes Africa's Food Agenda Forward
Thirty-four African heads of state and government along with scores of ministers and international partners came together in Dakar to mobilise investment and move forward plans to… Read more »
March 01, 2023
Liberia: Liberia - New African Development Bank Study Outlines Steps to Draw Artisanal and Small-Scale Miners Into Formal Sector, Boosting Economy
Expanding financial access for Liberia's artisanal and small-scale mining sub-sector is feasible through formalization and de-risking measures, according to a recent study… Read more »
February 23, 2023
West Africa: African Water Association Congress - Experts Call for an Integrated Approach in West Africa to Address Climate Change Impacts
Division manager in the Water and Sanitation Department of the African Development Bank, Ousseynou Guène (in white) and the panelists endorsed concerted solutions to the… Read more »
February 17, 2023
Africa: Dakar Financing Summit - African Development Bank Is Lead Financier of Pida Infrastructure Projects
The African Development Bank has provided over 50% of financing secured by infrastructure projects under the Programme for Infrastructure Development in Africa (PIDA), making it… Read more »
February 13, 2023
Africa: Dakar Financing Summit 2 - African Leaders Commend Progress On Infrastructure Development but Call for More Robust Preparation of Projects
"The continent's progress on infrastructure is real but the challenges are also real" President Macky Sall Read more »