Africa: African Development Bank and JGC Corporation Sign Agreement to Advance Use of Sustainable Aviation Fuel and Africa's Green Aviation Agenda

The African Development Bank and JGC Corporation, a leading Japanese engineering company, have signed an agreement to explore cooperation in the development of sustainable aviation… Read more »

Africa: African Development Bank Group and Niger Sign $144.7 Million Agreement to Boost Energy Access, Economic Competitiveness and Resilience

African Development Bank Group President Sidi Ould Tah and Niger's Prime Minister, Ali Mahamane Lamine Zeine, have signed a $144.7 million financing agreement to improve energy… Read more »

Africa: Africa Resilience Forum Opens Amidst Increasing Fragility Across the Continent

The sixth Africa Resilience Forum hosted by the African Development Bank opened its doors on Tuesday in Abidjan with a call for international financial institutions (IFIs) to scale… Read more »

Mauritania: Mauritania Signs $300 Million IPP Deal for Hybrid Solar-Wind Plant Under Desert to Power Initiative

Mauritania has signed its first independent power producer contract, a $300 million agreement with Iwa Green Energy to develop a 60-megawatt hybrid solar-wind power plant. Read more »

Africa: African Development Bank and Mota-Engil Africa Sign €120 Million Partial Credit Guarantee to Accelerate Infrastructure Project Pipeline

The African Development Bank Group and Mota-Engil Africa, a construction and infrastructure company, have signed an agreement for a €120 million non-sovereign Partial Credit… Read more »

Uganda: African Development Bank Group Approves USD 500,000 Grant to Support Uganda's Emergency Flood and Landslide Response

The Board of Directors of the African Development Bank Group has approved a grant of $500,000 from its Special Relief Fund to support Uganda's Relief Emergency Response Project. Read more »

Mozambique: African Development Bank Group Approves $22.8 Million Grant to Boost Mozambique's Rice Production and Build Climate Resilience

The African Development Bank Group has approved a $22.8 million grant from its concessional African Development Fund to strengthen Mozambique's rice value chain and enhance climate… Read more »

Africa: African Development Bank Group's Office of Integrity and Anti-Corruption Partners With Special Investigations Unit of South Africa to Combat Financial Crime and Strengthen Anti-Corruption Efforts in Africa

The African Development Bank's Office of Integrity and Anti-Corruption (PIAC) and the Special Investigations Unit (SIU) of South Africa have signed a Memorandum of Understanding… Read more »

Africa: Africa Must Seize Global Trade Disruption As 'Historic Opportunity,' Leaders Tell Private Sector

Ivorian Prime Minister Robert Mambé and African Development Bank Group President Sidi Ould Tah have urged Africa's private sector to take centre stage in the continent's… Read more »

Africa: Africa Climate Change Fund Demonstrates Impact At 2nd Africa Climate Summit

The Africa Climate Change Fund (ACCF), hosted by the African Development Bank, showcased its portfolio's impact during a side event at the Second Africa Climate Summit in Addis… Read more »

Africa: African Employers Welcome a Fresh Start With the African Development Bank Group

Key representatives of Africa's private sector welcomed the prospects of a fresh start with the African Development Bank Group in Abidjan on Tuesday, at a groundbreaking meeting… Read more »

Cameroon: Cameroon, AfDB Sign €136 Million Loan Deal to Develop Skills and Entrepreneurship in Far North

Cameroon and the African Development Bank Group have signed loan agreements worth €136 million to finance a programme aimed at building skills, creating jobs and modernising… Read more »

Botswana: African Development Bank Report Calls for Strategic Reforms to Unlock Botswana's $116 Billion National Wealth

The African Development Bank has urged Botswana to identify and implement strategic reforms to improve economic growth and unlock the country's national wealth, estimated at over… Read more »

South Sudan: Empowering the Future - Vocational Training Transforming Youth Employment in South Sudan

Sawak Lwataza, a waitress at Imperial Plaza Hotel, a 5-star resort in Juba, remembers life as an unemployed young adult struggling to find work, like many of her friends. Read more »

Mauritania: African Development Bank Approves $500,000 Emergency Grant for Malian Refugees in Mauritania

The African Development Bank's Board of Directors has approved a $500,000 emergency humanitarian grant to Mauritania to support Malian refugees and their host communities in the… Read more »

Equatorial Guinea: Equatorial Guinea - African Development Bank Approves €73.27 Million Loan for Youth Employment and Skills Development

The Board of Directors of the African Development Bank Group has approved a €73.27 million loan to Equatorial Guinea for the first phase of the country's Human Capital… Read more »

Africa: African Development Bank Advancing Economic Cooperation Between Africa and the Mediterranean

The African Development Bank has reaffirmed its role as a bridge between Africa and the world, at the 10th Annual Conference on Development Economics, convened by the Italian… Read more »

Tanzania: AfDB Approves $10 Million Trade Finance Guarantee to Exim Bank Tanzania to Support SMEs and Local Corporates

The African Development Bank Group Board of Directors has approved a $10 million trade finance transaction guarantee facility for Exim Bank Tanzania Limited to unlock and de-risk… Read more »

Tunisia: Tunisia - African Development Bank Trains Project Managers On Transparent Governance

The African Development Bank has organized a training session in Tunis for project implementation units of Bank-financed operations in Tunisia, with the aim of enhancing their… Read more »

Africa: African Development Bank Group and Michael Bloomberg to Drive Private Investment Into Africa

The African Development Bank Group and Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of the Glasgow Financial Alliance for Net Zero… Read more »

Africa: Mission 300 Progresses As Seventeen Additional African Countries Unveil Energy Compacts

Mission 300, the joint effort led by the African Development Bank Group and the World Bank Group to connect an additional 300 million Africans to electricity by 2030 took a major… Read more »

Africa: African Development Bank Calls for Reform of Global Financial Architecture At Seville Conference On Financing Development

The African Development Bank participated in the Fourth United Nations International Conference on Financing for Development (FFD4) in Seville, Spain, to advocate for comprehensive… Read more »

Africa: New AfDB Review Highlights Inland Fisheries As Lifeline for Millions of Africans

The African Development Bank (AfDB) has released a "Review of African Inland Fisheries," calling for urgent investment in restoring aquatic habitats and integrating fisheries into… Read more »

Africa: African Development Bank Launches Its Second Hybrid Capital Transaction - A USD 500 Million Perpetual Non-Call 10-Year (Perp Nc10) Hybrid Capital

On Tuesday 23 September, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully launched and priced its second hybrid capital transaction, a… Read more »

Africa: At UNGA80, AfDB President Sidi Ould Tah Presses for Scaled-Up Financing and Stronger Partnerships to Realize Africa's Development Goals

African Development Bank Group President Sidi Ould Tah is attending the United Nations' 80th General Assembly this week to push the continent's development priorities and mobilise… Read more »