June 27, 2018
Mozambique: African Development Bank Approves Mozambique's Country Strategy Paper 2018-2022
Mozambique's agriculture sector plays a paramount role in its economy, in particular from a rural growth perspective, given its large yet untapped potential for agro-business and… Read more »
Africa: Sustainable Energy Fund for Africa Triggers Power Sector Reform in São Tomé & Príncipe Through Mini-Hydro Projects Support
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved on 30 May 2018 a US$ 1 million grant to support the Republic of São… Read more »
Africa: The African CEO Infrastructure Project Developers Summit Calls On Governments to Help Bring Projects to Financial Close More Rapidly
Africa50 CEO, Alain Ebobissé , speaking during the Project Developers Summit in Mauritius, as Aziz Rebbah, Minister of Energy, Mines and Development of Morocco (Centre) and… Read more »
June 26, 2018
Togo: African Development Bank President Awarded Togo's Highest Civilian Honor
Bank, Togolese Government launch initiative to provide 1 million farmers with access to credit Read more »
Africa: Speech Delivered By Dr. Akinwumi A. Adesina, President of the African Development Bank, At the Launch of the Mécanisme Incitatif De Financement Agricole (Mifa), June 25, 2018, Lome, Togo
Your Excellency and my dear brother, President Faure Gnassingbe, the Prime Minister, Honorable Ministers and members of the Government, Read more »
Africa: Long Term Strategic Vision, Vital to Leveraging Sustainable Infrastructure, Stakeholders Agree At Roundtable
Africa has huge infrastructure gap, estimated at $130-170 billion per year. However, this infrastructure gap goes beyond just financing. There is a lack of good governance of… Read more »
June 25, 2018
Africa: African Development Bank Approves U.S. $62 Million Loan for Delivery of Water and Sanitation to Strategic Towns
In a bid to help Uganda improve heath and productivity in the country's major towns, the African Development Bank has approved a US$ 62-million concessional loan to finance its… Read more »
June 21, 2018
Africa: African Legal Support Facility Receives an Award From Africa Energy Forum
In keeping with its focus on energy security and development, the ALSF alongside the African Development Bank attended the 20th Africa Energy Forum (AEF), taking place from 19-22… Read more »
Africa: With Alsf Support, Seychelles Launches Tender for the Development of a 4-Mw Solar PV Plant
With the support and technical guidance of the African Legal Support Facility (ALSF), and in the context of the Africa Energy Forum held in Mauritius, Seychelles Minister of… Read more »
June 20, 2018
Africa: African Development Bank Launches First Electricity Regulatory Index for Africa
Stronger regulatory independence required to accelerate Read more »
Africa: Building Sustainable Infrastructure for the Future - African Development Bank and World Bank Host Global Roundtable On Infrastructure Governance
The African Development Bank and the World Bank are hosting the Second Global Roundtable on Infrastructure governance and tools from 21-22 June 2018 in Grand Bassam, 41 Km south… Read more »
Africa: African Development Bank Launches 1st Electricity Regulatory Index
The African Development Bank will on 20 June 2018 launch its flagship Electricity Regulatory Index (ERI) - a special report that measures the level of development of the regulatory… Read more »
June 19, 2018
Africa: Preventing Conflicts Could Save Between 5 and 70 Billion Dollars, According to a Study By the African Development Bank
"Prevention is better than cure". This wise advice makes even more sense when you read a study entitled Pathways for Peace. Inclusive Approaches to Preventing Violent Conflict,… Read more »
Africa: African Development Bank Invests in Sudan Agribusiness
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National… Read more »
Africa: African Development Bank Joins Global Infrastructure Facility As Technical Partner
Africa's infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water… Read more »
June 15, 2018
Africa: African Development Bank to Help Mobilize Over Cfaf 15 Billion to Finance Pay-As-You-Go Solar Home Systems
100 000 rural households to get access by 2020 Read more »
June 13, 2018
Africa: Environment - African Development Bank Leads Fight Against Polluting Plastic Products
Nearly half a ton of plastic waste was removed from Grand-Bassam, a UNESCO world heritage city Read more »
Africa: MDB Climate Finance Hit Record High of US$ 35.2 Billion in 2017
An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks - joint report Read more »
Africa: Promoting Food Security - African Development Bank Approves U.S.$ 15m Equity Investment in Africa Food Security Fund to Boost Agri-Business in Africa
In an effort to boost agri-business and enhance food security in Africa, the African Development Bank Board has approved a US$15 million equity investment in Africa Food Security… Read more »
June 08, 2018
Africa: The African Development Bank and the Climate Investment Funds Support Their First Private Sector-Led Geothermal Power Plant in Kenya
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean… Read more »
Africa: Stimulating Africa's Bond Markets - African Development Bank Approves U.S. $10-Million Equity Investment in Financial Sector Deepening Fund
To strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, the African Development Bank has approved a US $10-million investment… Read more »
June 07, 2018
Africa: Say No to Plastic! the African Development Bank Shows the Way in the Fight Against Plastic Pollution in Africa
While the fight against plastic waste is gaining more resonance in Africa, the use of plastic bags is still well-rooted in custom and practice, at the expense not only of the… Read more »
Africa: We Have High Hopes and Expectations for Your Country, Adesina Tells President of São Tomé and Príncipe
African Development Bank President, Akinwumi Adesina, met with São Tomé and Príncipe President Evaristo Carvalho on Wednesday, just as the Bank's Board of… Read more »
June 06, 2018
Africa: African Development Bank Promotes Better Access to Mortgage Finance in Ghana
The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an… Read more »
Sudan: African Development Bank Supports Agricultural Value Chain Development to Improve Household Incomes and Food Security in the Sudan
To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National… Read more »