July 27, 2020
Africa: African Development Bank Approves $27 Million to Boost African Union's Covid-19 Response Initiative
The African Development Bank on Friday 24 July approved $27.4 million in grants to boost the African Union's (AU) efforts to mobilize continental response to curb the COVID-19… Read more »
July 24, 2020
Somalia: African Development Bank Grants of $25 Million Will Bolster Budget for Covid-19 Responses
The African Development Bank today approved grants worth $25.1 million to Somalia to bolster the national budget for government efforts to mitigate national and regional impacts of… Read more »
Africa: Coming Soon - First Public Consultation On the Third Review of the Independent Review Mechanism of the African Development Bank Group
The Bank's Committee on Operations and Development Effectiveness (CODE) has approved on 7 July 2020, the publication of the draft report on the third review of the Independent… Read more »
Africa: Video - The Bank's Mandate to "Improve the Quality of Life in Africa" Guides Overall Efforts
One pillar in the African Development Bank's current 5-tiered roadmap is the goal of "improving the quality of life for Africans." This pillar lays the foundation that guides the… Read more »
Africa: Webinar - Efficient Corporate Governance for Financial Sector Development
What: Webinar on "Efficient Corporate Governance for Financial Sector Development" Read more »
July 23, 2020
Africa: Firm Brownbags 2.0 Series
What: Trust Funds: From Concept Note to Impact Reporting Read more »
Malawi: African Development Fund Approves Ua100.4 Million Multi-Country Covid-19 Response Support for Malawi, Madagascar, Mozambique and Sao Tome
The Board of Directors of the African Development Fund (ADF) on Wednesday approved a UA100.4 million (about $138 million) crisis budget support package to four southern African… Read more »
Angola: African Development Bank Commits $1.04 Million Towards Two Covid-19 Research Projects in Angola
Funds from the African Development Bank's ongoing Science and Technology Development Project have been committed towards two research projects to mitigate the novel coronavirus… Read more »
July 22, 2020
Africa: "This Is No Ordinary Time and This Calls for No Ordinary Response," Says Bank Vice President
For more than 55 years, the African Development Bank has played a vital role in the continent's development. The Bank's current development strategy is guided by the "High 5"… Read more »
South Africa: African Development Bank Approves First Ever Crisis Response Budget Support of R5 Billion to Fight Covid-19
The Board of Directors of the African Development Bank has approved a loan of approximately R5 billion ($288 million) to the government of South Africa, as the country battles one… Read more »
July 21, 2020
Ghana: In Ghana, African Development Bank-Funded Training Builds Skills for the Economy of the Future - Report
A six-year project to develop industrial skills among Ghana's workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and… Read more »
Africa: Dasgupta Review of the Economics of Biodiversity
What: African Consultative Review of Partha Dasgupta Interim Report on the Economics of Biodiversity Read more »
Zambia: From Mine to Field: Agriculture Project Helps Youth Turn Away From Copper and Live Off the Land
In Zambia's Serenje district, young Zambians are being offered a ray of hope in the form of an agriculture project that is both an alternative to copper mining as a path out of… Read more »
Mozambique: African Development Bank Set to Join Landmark $20 Billion Mozambique LNG Financing
The African Development Bank has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400… Read more »
Africa: Fitch Rating Agency Affirms Triple a (Aaa) Rating of the African Development Bank, With Stable Outlook
Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank's (AfDB) Long-Term Issuer Default Rating (IDR) at 'AAA', with stable outlook. Read more »
July 20, 2020
Africa: Africa Investment Forum - Founding Partners Unveil Unified COVID-19 Response to Support Africa's Private Sector
15 deals in the Africa Investment Forum's portfolio, valued at $3.79 billion earmarked to address COVID-19 impacts Read more »
July 17, 2020
Africa: African Education Experts Push for More Virtual Learning to Cushion Against Pandemics - Adea Webinar
Africa must develop new education models that feature well-resourced virtual teaching and learning schemes to insulate it against disruptions due to disasters such as the COVID-19… Read more »
Africa: Video - Keeping Economies Stimulated Is the Main Bank's Goal This Year, VP Khaled Sherif Says
The COVID-19 pandemic can be described as a health and economic crisis with spillover effects on other areas such as trade and agriculture. Read more »
South Africa: African Development Bank Board Approves Fourth Monitoring Report On Management Action Plan for Eskom's Medupi Power Project
The African Development Bank approved the recommendations of the Fourth Monitoring Report of the Independent Review Mechanism on the implementation of the Updated Management Action… Read more »
Senegal: Board Approves Independent Review Mechanism's Recommendations of the First Monitoring Report On Sendou Coal-Fired Power Plant Project in Senegal
The Board of Directors of the African Development Bank approved recommendations of the First Monitoring Report of the Independent Review Mechanism (IRM) on the Sendou Coal-Fired… Read more »
July 15, 2020
Africa: Africa Investment Forum (Aif) Partners' Meeting
Virtual Read more »
Africa: African Development Bank VP for Power and Energy Welcomes You to the 2020 Annual Meetings
Due to the COVID-19 pandemic, the Annual Meetings of the African Development Bank will be held virtually and in a global pandemic that nation states are grappling to manage against… Read more »
July 14, 2020
Egypt: Africa Road Builders Babacar Ndiaye Trophy 2020 - Egyptian President to Receive Great Road Builder Award
Egyptian president Abdel Fattah Al-Sisi was awarded the Babacar Ndiaye Great Road Builder Award it was announced Monday, a distinction for heads of state whose countries initiate… Read more »
July 13, 2020
Africa: Africa's Fertilizer Sector and the Bank's High 5s
Introduction Read more »
Africa: Launch of the 2020 North Africa Economic Outlook Report
Virtual via Zoom Read more »