December 18, 2019
Africa: Multilateral Development Banks Pledge to Step Up Support for Forcibly Displaced Populations At Global Refugee Forum
Multilateral Development Banks (MDBs) are stepping up their support for refugees and people affected by forced displacement, including hosting communities, across a wide range of… Read more »
Africa: Cop 25 - After Renewable Energy, What Else Can Salvage Climate Change? African Development Bank Presents Update On Adaptation Benefits Mechanism
Three decades ago, renewable energy was considered too futuristic. The idea of plugging a car into a wall socket was unthinkable. Read more »
December 17, 2019
Madagascar: African Development Bank Approves Guarantee of $100 Million to Hydro-Power Project, to Benefit Over 2 Million People
The Board of Directors of the African Development Bank has approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar, which… Read more »
Burundi: African Development Bank's Sefa Grants $1 Million to Support Innovative Solar-Hydro Hybrid Project
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in… Read more »
Egypt: African Development Bank Board Approves €109 Million to Transform Sewage Coverage in Upper Egypt Rural Areas
The Board of Directors of the African Development Bank has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants for rural… Read more »
December 16, 2019
Cape Verde: African Development Bank Commits €20 Million to Boost Private Sector Competitiveness in Cabo Verde
The African Development Bank's Board of Directors today approved a €20 million loan to strengthen the private sector's role in Cabo Verde's economic growth. Read more »
Africa: Cop 25 - African Development Bank Urges African Nations to Persist With Climate Change Ambitions As Marathon Talks End in Madrid
The African Development Bank has urged the continent's nations to stay the course on climate action, after a marathon session of talks at the twenty-fifth Conference of Parties to… Read more »
Africa: African Development Bank Approves $5 Million Grant to Scale Up Tony Elumelu Entrepreneurship Programme
The Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its outreach… Read more »
Africa: Cop 25 - Africa Pushes for Special Consideration in Madrid Climate Talks
As terrible floods inundate their country, close to 100 Kenyan delegates have convened in Madrid, Spain, along with thousands of global leaders, for the COP 25 climate conference. Read more »
December 13, 2019
Africa: African Development Bank Joins Forces With International Organisations to Help Developing Countries Build Resilience to Extreme Weather
The African Development Bank has joined forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters… Read more »
Tanzania: Kenya & Tanzania - Over 3 Million People to Benefit From African Development Bank's €345 Million Road Construction Support
Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank's… Read more »
Africa: Cop 25 - African Islands Want Their Place in the Sun As They Grapple With Climate Change
Africa's small island states are bearing the brunt of climate change, even though technology exists to prevent the worst impacts of extreme weather. Read more »
Nigeria: African Development Bank Approves $124.2 Million Loan for Water Sector Reforms in Akure to Improve Access to Safe Drinking Water and Sanitation
The Board of Directors of the African Development Bank on Thursday approved a $ 124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation… Read more »
Africa: African Development Bank's Digital Skills Training Benefits Women
After graduating from the University of Ibadan in Nigeria with a degree in Communication and Language Arts in 2016, Olashile Odetola could not find a job. Read more »
Africa: African Development Bank Commits €20 Million to Boost Private Sector Competitiveness in Cape Verde
The African Development Bank's Board of Directors today approved a €20 million loan to strengthen the private sector's role in Cape Verde's economic growth. Read more »
December 12, 2019
Africa: COP 25 - African Parliamentarians Called on to Speak as One for their Voice to be Heard
African parliamentarians should speak as one to make their voice heard in climate negotiations, Arona Soumaré, the African Development Bank's principal expert in climate… Read more »
Africa: African Development Bank Validates Regional Power Acceleration Programme, to Boost Bankability of Regional Power Projects
The African Development Bank has validated a study report on enhancing regional and sub-regional power projects to enhance energy access and integration across the continent. Read more »
Africa: African Development Bank and African Union to Roll-Out a Continent-Wide Electricity Market Masterplan
The African Development Bank and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. Read more »
Africa: Cop 25 - Kenya Experience Suggests Gender Equality Is Best Path to Achieve SDGs
Stakeholders at COP25 climate talks, citing Kenya's example, called on developing countries to boost women's involvement in the fight against climate change. Without gender… Read more »
December 11, 2019
Senegal: In Senegal, the African Development Bank Supports Farmers to Build Food Security
Gnilane Faye stands proudly by her chicken coop with her son, Serigne Saliou Ba, beside her. Faye, a Senegalese farmer and a beneficiary of the Pasa Loumakaf food security project… Read more »
Senegal: African Development Bank Lends €62.8 Million to Help Create 150,000 Jobs for Women and Young People
The Board of Directors of the African Development Bank approved a €62.83 million loan to the Government of Senegal for implementation of the first phase of a project aimed at… Read more »
Africa: Development Institutions Present Digital Guide to Help African Countries Fast-Track SDGs, Paris Agreement and AU's Agenda 2063 Implementation
Three leading development partners have presented a digital application at the COP 25 climate conference in Madrid to help African countries grappling with the simultaneous… Read more »
Africa: Cop 25 - African Parliamentarians Called On to Speak As One for Their Voice to Be Heard
African parliamentarians should speak as one to make their voice heard in climate negotiations, Arona Soumaré, the African Development Bank's principal expert in climate… Read more »
December 10, 2019
Rwanda: African Development Bank and Partners Inaugurate Shango Power Substation in Rwanda to Facilitate Access to the Regional Electricity Market
The African Development Bank, Embassy of Germany in Rwanda and the KfW Development Bank joined the Government of Rwanda to inaugurate the high voltage 188 MVA Shango power… Read more »
December 09, 2019
Africa: African Development Bank's Fashionomics Africa Launches "Game Changing" Digital Marketplace for the Continent's Fashion Creators
The African Development Bank's flagship initiative, Fashionomics Africa, has launched the pilot phase of a digital marketplace to help Africa's fashion designers, textile and… Read more »