April 08, 2020
Africa: African Development Bank Group Unveils $10 Billion Response Facility to Curb COVID-19
The African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. Read more »
Africa: World Health Worker Week - Amid a Global Pandemic, We Must Celebrate "Leaders On the Front Line"
During World Health Worker Week 2020 (5-11 April), the African Development Bank joins the global community to celebrate and recognise the contributions of health workers, including… Read more »
Africa: Deaf Kenyan Teenager Pursues Fashion Design Dreams
Where she comes from, people like her rarely find opportunities to pursue their ambitions. For a while, Nasike Robai thought she would suffer the same fate. Read more »
April 06, 2020
Africa: Appointment of Acting Chief Risk Officer (Pgrf)
The African Development Bank Group is pleased to announce the appointment of Mr. Nourredine Lafhel as Acting Chief Risk Officer, effective 6th April 2020. Read more »
Africa: Appointment of Acting Director, Communication and External Relations
The African Development Bank Group is pleased to announce the appointment of Mrs. Nafissatou N'diaye DIOUF as the Acting Director for Communications and External Relations… Read more »
Africa: Appointment of Acting Director, Corporate Information Technology Department (Chis)
Senior Management is pleased to announce the appointment of Mr. Pepin Vougo as Acting Director, Corporate Information and Technology Department effective 1st April 2020. Read more »
Africa: Appointment As Acting Director, General Services and Procurement (Chgs)
The African Development Bank Group is pleased to announce the appointment of Mr. Jean Hubert BAYALA as the Acting Director for General Services and Procurement (CHGS), effective… Read more »
Ghana: African Development Bank-Facilitated $600 Million Cocobod Loan Gives Cocoa Farmers Hope for Future
Agnes Korkor Ababio climbs onto the back of a pick-up truck and begins counting a stack of 64-kg cocoa bags heaped in the vehicle. Read more »
April 04, 2020
Africa: The pandemic is no time for fiscal distancing
These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates… Read more »
April 03, 2020
Africa: African Development Bank Celebrates Milestone With First Social Bond Listing On London Stock Exchange
Record-breaking $3 billion Fight Covid-19 social bond launches on LSE: a first for the Bank Read more »
Africa: African Development Bank Group Approves Gender Equality Trust Fund and Risk-Sharing Mechanism to Improve Women's Economic Empowerment in Africa
The Board of Directors of the African Development Bank Group have approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women's empowerment… Read more »
Africa: The Pandemic Is No Time for Fiscal Distancing
Click here to read the full OpEd on CNN.com Read more »
April 02, 2020
East Africa: African Development Bank Approves $1.5 Million Emergency Grant to Curb Desert Locusts Ravaging East and Horn of Africa
The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the… Read more »
April 01, 2020
Africa: African Development Bank Wins Industry Gong for Pioneering 2019 Social Bond Issue
The African Development Bank received on 30 March 2020 an award for its successful one billion Norwegian krone (NOK) social bond issued in 2019. This Environmental Finance 2020… Read more »
Africa: African Development Bank Approves $2 Million Emergency Assistance for Who-Led Measures to Curb Covid-19 in Africa
The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to… Read more »
March 31, 2020
Mozambique: Government and African Development Bank Sign Financing for Mueda-Negomano Road Phase II
The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road to… Read more »
March 30, 2020
Sudan: TAAT: Wheat Farmers in Sudan Record Increased Yields After Adoption of Proven Technologies
Sudanese wheat farmers are in a joyous mood. Read more »
March 27, 2020
Africa: African Development Bank Approves $8.25 Million Loan to Food Producer Olivine Industries
The Board of Directors of the African Development Bank Group has approved a $8.25 million corporate loan to Olivine Industries Limited to support the company's food production… Read more »
Africa: African Development Bank Launches Record Breaking $3 Billion "Fight Covid-19" Social Bond
Landmark transaction, largest Social bond transaction to date in capital markets Read more »
March 26, 2020
Ethiopia: African Development Bank-Funded Water Project Spurs Youth Entrepreneurship, Transforms "One Life At a Time."
In a single day last July, Ethiopians turned out in huge numbers to plant more than 350 million trees in what was thought to be the largest tree-planting event in history. Read more »
March 24, 2020
Somalia: New Dawn for Somalia - Arrears Owed to the African Development Bank Group Cleared
Arrears on loans owed by Somalia to the African Development Bank Group have been cleared following the payment in full of $122.55 million by the governments of the United Kingdom… Read more »
March 23, 2020
Africa: Coronavirus and Climate Change - Observing World Water Day
A message from Dr. Jennifer Blanke Vice-President, Agriculture, Human and Social Development African Development Bank Read more »
March 20, 2020
Egypt: The Furniture Industry Generates Jobs and Wealth in Damiette
As the early morning sun lights the roofs of Damiette, the Egyptian city's streets begin to come alive. Children are off to school, motorbikes fill the avenues, and shop doors… Read more »
March 19, 2020
Africa: African Development Bank Renews Risk Participation Agreement for Trade Finance With Sumitomo Subsidiary
The Board of Directors of the African Development Bank on Wednesday approved a $200 million Trade Finance Risk participation agreement (RPA) between Sumitomo Mitsui Banking… Read more »
Seychelles: African Development Bank Supports Blue Economy With $800k Fapa Grant
The African Development Bank has signed an $800,000 grant agreement with the government of Seychelles to support micro, small and medium enterprises (MSMEs) in its Blue Economy… Read more »
