February 25, 2020
Botswana: African Development Bank Supports Development Finance Agency BDC With $80 Million Line of Credit
The African Development Bank and the Botswana Development Corporation (BDC) on Friday signed a Line of Credit (LOC) totaling $80 million to help scale up key investments in the… Read more »
Africa: African Union Executive Council Endorses African Development Bank President Adesina for Second Term
The Executive Council of the African Union has supported Dr. Akinwumi Adesina's candidacy for a second term as President of the African Development Bank. Read more »
February 24, 2020
Africa: Ireland Moves Closer to Becoming the 81st Member of the African Development Bank Group
Ireland moved a step closer to becoming a member of the African Development Bank Group after a government delegation on Monday deposited ratification instruments during an official… Read more »
February 21, 2020
Africa: African Development Bank Issues Call to Strengthen Fertilizer Value Chains At Argus Africa Fertilizer Conference
The African Development Bank urged development finance institutions, NGOs, farmer cooperatives, and the private sector to develop more effective financing solutions for Africa's… Read more »
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 »
Kenya: Celebrated Entrepreneur Calls for Better Policies and Resources to Support Youth and Women Entrepreneurship
Multi-award-winning entrepreneur Ahmad Ashkar has called on policymakers to develop better policy options, backed by dedicated resources to support the youth and women to become… Read more »
February 20, 2020
Africa: "Our Goal Is to Surpass Developed Countries," African Development Bank VP Tells Fourth Industrial Revolution Forum
Africa is not only ready for the fourth industrial revolution. It is set to outdo the achievements of the developed world. That was one of the messages that emerged at a seminar… Read more »
Africa: African Development Bank Joins Other Development Finance Institutions to Deepen Private Investment in Fragile States
Representatives of 27 Development Finance Institutions (DFIs) met at the University of Oxford on 11-13 February for a follow-up forum to strengthen private investment inflows into… Read more »
February 19, 2020
Africa: EAC Hosts the 30th Nepad-Ippf Oversight Committee in Arusha
The New Partnership for Africa's Development Infrastructure Project Preparation Facility (NEPAD-IPPF) held its 30th Oversight Committee meeting for the Special Fund at the… Read more »
February 18, 2020
Africa: African Development Bank Director Hanan Morsy Named One of Egypt's 50 Most Influential Women
The Director of Macroeconomic Policy, Forecasting and Research at the African Development Bank, Dr Hanan Morsy, has been named one of Egypt's 50 most influential women. Read more »
February 14, 2020
Zimbabwe: $33 Million African Development Bank Clean Water and Sanitation Project Nears Completion
Safe water access and cleaner waste collection are set to become a reality for vulnerable communities in Bulawayo, Zimbabwe, as a Bank-funded water and sewerage improvement project… Read more »
February 13, 2020
Africa: African Development Bank Rebuts World Bank President's Comments On Africa's Debt Profile
In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank, have a… Read more »
Africa: African Development Bank Rebuts World Bank President's comments on Africa's debt profile
Abidjan, Cote d’Ivoire, 13 February 2020 - In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks,… Read more »
February 12, 2020
Africa: AFAWA Initiative - French Delegation Follows Through Its Commitment With Working Visit to AfDB Headquarters
A delegation from the French government, led by Philippe Lacoste, director of sustainable development at the Ministry of Foreign Affairs, paid a working visit to African… Read more »
Africa: In Morocco Youth Take Up Agriculture and Make Good Money With African Development Bank Support
In Morocco, the African Development Bank has helped thousands of young people towards a new future in agriculture. Read more »
Africa: African Development Bank Approves $1 Million Grant for Uganda to Stem Ebola Transmission
The African Development Bank has released a $1 million grant to Uganda to help the East African country tackle an outbreak of the Ebola virus. Read more »
February 10, 2020
Africa: Canadian Prime Minister Justin Trudeau Meets African Leaders to Advance Conflict Resolution and Economic Security
Canada's Prime Minister Justin Trudeau convened a meeting for African heads of state, foreign ministers and representatives of the United Nations and other multilateral bodies on… Read more »
February 09, 2020
Africa: AU Summit - First Continental Report On Implementation of Agenda 2063 Unveiled
The African Development Bank, the United Nations, and the African Union on Saturday acknowledged the significant progress made in implementing Agenda 2063 and urged African… Read more »
Africa: AU Summit - African Leaders Call for Action to End Malnutrition By 2025
African countries have made progress toward eradicating malnutrition and stunting but need to do more to hit United Nations malnutrition targets by 2025. This was the main message… Read more »
February 07, 2020
Africa: African Development Bank's African Economic Outlook 2020 Lauded At 33rd AU Summit
"The report reminds us of the size of the investment that must be made in the development of human capital in Africa." - Victor Harison, the African Union Commissioner for Economic… Read more »
Kenya: On the Kenya-Tanzania Border, the African Development Bank Eases Trade With One Stop Border Post
On the border between Tanzania and Kenya sits Namanga, a town of 16,000 residents where cross-border trade has thrived thanks to investment in a One Stop Border Post (OSBP). Read more »
Africa: African Development Bank President Akinwumi Adesina to Lead Delegation to 33rd African Union Summit
Key engagements include a presidential dinner to address malnutrition, a high-level meeting with Canadian Prime Minister Trudeau, and the presentation of the 2020 African Economic… 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 »
February 03, 2020
Africa: "Nobody Eats GDP" Says African Development Bank President As He Calls for Inclusive Growth
Africa's economies are growing strongly, but growth alone cannot meet the needs of the continent's poorest citizens, because "nobody eats GDP," the African Development Bank's… Read more »