June 10, 2020
Somalia: African Development Bank and Development Partners Propel Somalia Back From the Brink
In early 2020, Somalia, with support from the United Kingdom Government and the European Union, settled its arrears to the African Development Bank, paving the way for the lifting… Read more »
West Africa: African Development Bank Approves $20 Million to Contain Spread of COVID-19 in G5 Sahel Nations
The Board of Directors of the African Development Bank on 9 June 2020 approved $20 million in grant funding from the African Development Fund, to build capacity to curb and stop… Read more »
Sudan: The African Development Bank Gives $1.2 Million for Ethiopia-Sudan Railway Study
The African Development Bank's Board of Directors has approved a $1.2 million grant to Ethiopia's government to finance a feasibility study into a standard-gauge railway (SGR) link… Read more »
Africa: African Forum On Green Economy
Investing in Natural Capital for a Resilient Africa Read more »
Somalia: African Development Bank's Intervention Helps to Curb COVID-19 in Vulnerable Communities
With 2.6 million internally displaced persons in Somalia, the outbreak of COVID-19 poses an additional challenge in an already fragile situation, leaving the population highly… Read more »
June 09, 2020
Africa: African Development Bank Announces 100 Finalists for Ideathon #africavs Virus Challenge
The African Development Bank has announced the 100 finalists from the #AfricaVsVirus Challenge ideathon to find solutions to challenges raised by the COVID-19 pandemic in Africa. Read more »
June 08, 2020
Ethiopia: African Development Bank-Funded Water and Sanitation Program Helping Ethiopia Fight COVID-19
Villagers fill water containers at a waterpoint in Rob Gebeye village square, Wuchale District, Ethiopia. Read more »
Africa: African Development Bank Unveils Strategy Roadmap to Safeguard Food Security Against Impacts of COVID-19
The African Development Bank has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition and food security aspects of the… Read more »
Africa: From Farm to Fork - The Women Championing Agricultural Transformation in Africa
From Sudan to Mali, Senegal to Mozambique, and Zambia to Mauritania, women are changing the face of agriculture, adapting and innovating to tackle the challenges of climate change,… Read more »
Africa: Integrity in Development Projects - The African Development Bank Debars Burmeister & Wain for Fraudulent and Corrupt Practices
Pursuant to a settlement agreement, the African Development Bank Group on 8 June 2020, announces the debarment of Burmeister & Wain Scandinavian Contractor, for a period of 21… Read more »
June 05, 2020
Africa: African Development Bank's Independent Review Mechanism (Irm) Hosts Webinar for Civil Society Organizations
How are complaints from people affected by Bank-funded projects handled? Read more »
Nigeria: African Development Bank Approves New Five-Year Strategy for Nigeria
The Board of Directors of the African Development Bank has approved Nigeria's Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019… Read more »
Nigeria: African Development Bank Approves $288.5 Million for Nigeria COVID-19 Response Support Program
The Board of Directors of the African Development Bank on Friday approved a $288.5 million loan to help Nigeria tackle the COVID-19 pandemic and mitigate its impact on people and… Read more »
Africa: African Development Bank Approves New Five-Year Strategy for Nigeria Amidst COVID-19 Concerns
The Board of Directors of the African Development Bank has approved Nigeria's Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019… Read more »
June 04, 2020
Africa: Lawyering in Crisis - African Countries Among Innovation Leaders in the Fight Against COVID-19 Pandemic
African innovators have shown creativity and ingenuity in finding solutions to fight the COVID-19 pandemic, but face legal barriers to safeguarding their intellectual property. Read more »
Africa: International Cooperation Can Address COVID-19 Challenges, Says African Development Bank Vice President Khaled Sherif
Representatives of the private sector, capital markets, government and multilateral institutions took part on Wednesday in a UN virtual seminar to promote long term investment in… Read more »
Africa: Singer and Activist Youssou N'dour, Zambia's Minister of Health, African Development Bank Vice President Headline Call to Build African Solidarity Post-COVID-19
How can Africa build on the solidarity shown during the coronavirus pandemic to achieve the continent's development goals in the post-COVID world? Read more »
June 03, 2020
Africa: African Equity Capital Markets Activity See Downward Turn, but Increase in Domestic Investors
Data presented from the PricewaterhouseCoopers (PwC) Nigeria 2019 African Capital Market Watch, which reviewed the performance of Africa's capital markets between 2010 and the… Read more »
Africa: How Fashion Entrepreneurs Can Conquer COVID-19
The African Development Bank's Fashionomics Africa initiative on Tuesday launched its first webinar series to discuss the impact of the COVID-19 pandemic on the industry. Read more »
June 02, 2020
Africa: African Development Bank Reduces Poverty After a Decade of Transformative Action
For the past five decades, the African Development Bank Group has been at the forefront of driving Africa's economic transformation, leveraging its diverse resources and unique… Read more »
June 01, 2020
Africa: Africa's Biodiversity Webinar Series - World Environment Day and World Oceans Day
What: Read more »
May 30, 2020
Senegal: AfDB Approves 88 Million Euros Emergency Budget Support for COVID-19 Response
The Board of Directors of the African Development Bank on Friday approved a loan of 88 million euros to Senegal, hit hard by the novel coronavirus pandemic, in support of the costs… Read more »
May 29, 2020
West Africa: COVID-19 - African Development Bank Mobilizes $22 Million for Low-Income Ecowas Countries
The African Development Bank's Board of Directors has approved an emergency project in support of three, low-income ECOWAS nations - Gambia, Mali and Niger - to bolster their… Read more »
Africa: The "High 5s" - A Strategic Vision and Results That Are Transforming Africa
For the past ten years, Africa has recorded some of the world's strongest rates of economic growth. At the same time, many African economies continue to function at well below… Read more »
May 28, 2020
Cape Verde: African Development Bank Group Approves 30 Million Euros Loan to Fight COVID-19
The Board of Directors of the African Development Bank has extended a loan of €30 million to Cabo Verde to help the West African island nation fight the COVID-19 outbreak and… Read more »