December 18
Africa: COP29 in Baku Highlights Just Transition As Cornerstone of Equitable Climate Action and Sustainable Development
The 29th Conference of the Parties (COP29) spotlighted just transition principles, highlighting the critical importance of equitable climate action and sustainable development. Two… Read more »
Cote d'Ivoire: African Development Bank Group Approves €139 Million Loan to Boost Youth Employment in Côte d'Ivoire
The African Development Bank Group has approved loans totaling €139.68 million to support youth employment and entrepreneurship in Côte d'Ivoire, targeting key sectors… Read more »
Africa: African Development Bank's Sustainable Energy Fund for Africa Invests $10 Million to Supercharge Climate Tech Innovation in Sub-Saharan Africa
The African Development Bank has announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV… Read more »
December 17
Africa: Global Partners Invest $45 Million to Boost African Vaccine Production
In significant efforts to strengthen public health and improve vaccine access in Africa, the U.S. International Development Finance Corporation, the African Development Bank, and… Read more »
Africa: Pafo and African Development Bank Strengthen Partnership to Support Small-Scale Farmers
The Pan African Farmers' Organization (PAFO) and the African Development Bank are strengthening their collaboration to enhance support for small-scale farmers across Africa. A PAFO… Read more »
Benin: Benin - Some One Million People to Benefit From Loan of Eur 118 Million From the African Development Bank and Africa Growing Together Fund to Supply More Drinking Water
The Board of Directors of the African Development Bank Group approved a loan of EUR 118.63 million to Benin to implement the Drinking Water Supply for Resilience in Rural Areas… Read more »
Mauritania: Mauritania - African Development Bank Grants $150 Million Loan to Boost Mining Sector
The Board of Directors of the African Development Bank Group has approved a $150 million senior loan to Mauritanian state-owned iron ore firm Société Nationale… Read more »
December 16
Africa: African Academy of Sciences Conference Charts New Path for Continental Scientific Renaissance
The African Academy of Sciences (AAS) 15th Bi-Annual General Assembly and Scientific Conference opened with powerful calls for African scientific sovereignty and renewed investment… Read more »
Cote d'Ivoire: African Development Bank Group Announces Plan to Build a State-of-the-Art Headquarters in Abidjan
The African Development Bank Group's Boards of Directors have approved the proposal by the Bank's Management to construct of a modern, state-of-the-art building to host its… Read more »
West Africa: West Africa - AfDB's Sustainable Energy Fund Africa to Provide $10 Million Anchor Investment in Arm-Harith Investment Fund for Sustainable Infrastructure
The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to… Read more »
December 13
Africa: African Development Bank's Adesina Wins Inaugural 'African of the Decade' Award
In a milestone celebration of African leadership, Dr. Akinwumi Adesina's decade-long impact on continental development has earned him the inaugural "African of the Decade" award.… Read more »
Africa: African Youth Tech Venture Entrepreneurs Embark On Groundbreaking Korean Innovation Tour
Twenty promising youth entrepreneurs from African technology ventures and enterprise support organizations have embarked on a two-week study tour of the Republic of Korea, seeking… Read more »
Africa: Advancing Gender Equality in South Africa's Just Energy Transition
A series of impactful events held between November 12-15 marked several strides forward in advancing gender equality in South Africa's Just Energy Transition. Read more »
Chad: Cameroon - A Loan of Eur 330 Million From the African Development Bank to Improve the Performance of the Douala-Ndjamena Economic Corridor
The Board of Directors of the African Development Bank Group this week approved two loans to Cameroon designed to radically improve transport links with neighbouring Chad with… Read more »
Africa: African Development Bank to Make $30 Million Equity Investment in Africa Finance Corporation to Catalyse Climate Action
The African Development Bank's Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for the rollout of innovative "green shares"… Read more »
December 12
Africa: African Development Bank and Partners Unveil Guidance to Transform Healthcare Infrastructure in Africa
The African Development Bank and its partners have launched a comprehensive guide that shares practical strategies to ensure equitable access to health infrastructure for… Read more »
Ethiopia: Bank Commemorates 60 Years of Impact in Ethiopia
Ethiopia has joined other countries across the continent to celebrate the African Development Bank's 60th anniversary with a colourful and instructive trip down 'Memory Lane'. Read more »
Africa: African Development Bank Launches Debt Management Forum for Africa (Demfa) - Holds Inaugural Policy Dialogue
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Africa: African Development Bank Highlights Efforts in Land Degradation At Ccd COP16
The African Development Bank showcased its critical strategies for combating land degradation and promoting sustainable land management during a key side event at the 16th Session… Read more »
Zambia: Zambia - African Development Bank Grants Loan of $108 Million to Strengthen Economic Governance
The Board of Directors of the African Development Bank Group approved a loan of $108 million to Zambia for an initiative aimed at strengthening the country's economic governance… Read more »
Africa: African Development Bank Celebrates 60 Years of Transformative Impact in Africa Southern Region
The African Development Bank (AfDB) proudly celebrates its Diamond Jubilee, marking 60 years of driving social and economic transformation across the African continent. The… Read more »
December 11
Africa: African Development Bank Group to Extend Facilities Worth $200 Million and Zar 3.6 Billion to Standard Bank Group to Increase Trade in Africa and Support SMEs
The Board of Directors of the African Development Bank Group has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in… Read more »
Africa: Unccd COP16 - Mobilizing Global Action for the African Great Green Wall Initiative
The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD COP16) hosted a high-level event to mobilize political support and scale up… Read more »
Africa: Africa Investment Forum 2024 - Sustainable Energy Fund for Africa Welcomes Japan As Donor - Showcases Innovative Financing Solutions for Africa's Energy Transition
The Sustainable Energy Fund for Africa (SEFA) recorded a new milestone at the Africa Investment Forum 2024, with the announcement of Japan as its newest contributor, expanding the… Read more »
Tanzania: African Development Bank Leads $1.2 Billion Financing Syndication for Tanzania's Standard Gauge Railway Project
The African Development Bank has signed a coordination letter with Deutsche Bank and Société Générale to establish a syndication strategy to mobilize up… Read more »