December 03
Africa: 2024 African Economic Conference - Africa Must Act Now to Secure Its Economic Future
The 2024 African Economic Conference concluded with a resounding call for swift and decisive action to address the continent's pressing economic challenges amid global… Read more »
Egypt: Egypt - African Development Bank Approves $170 Million for Egypt's Largest Wind Energy Project
The Board of Directors of the African Development Bank has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, currently… Read more »
Africa: Africa Investment Forum 2024 - Leveraging Innovative Partnerships for Scale
Thousands of global investors, African business leaders, and government representatives are this week converging in Rabat, Morocco, for the 2024 Africa Investment Forum Market… Read more »
Africa: Empowering Women to Lead - The Inaugural Women's Journey Leadership Development Program
This week marked a historic milestone for the African Development Bank as it celebrated the conclusion of the inaugural Women's Journey Leadership Development Program, held at the… Read more »
December 02
Central African Republic: Central African Republic Celebrates African Development Bank's 60th Anniversary
Just like other countries across the continent, the Central African Republic celebrated the 60th anniversary of the African Development Bank in Bangui on 21-22 November. The Bank's… Read more »
Central Africa: The Bridge Over the Logone River - A Great Leap Forward for Millions of People in Central Africa
Like thousands of people living along the Logone River, Pierre Fissou, a teaching adviser in the Mayo Danay departmental delegation for basic education in the town of Yagoua… Read more »
Rwanda: A Day of Pride and Progress - Celebrating 60 Years of Partnership With Rwanda
Development partners rejoiced over Rwanda's achievements from recovery to resilience during the African Development Bank Group's 60th anniversary Rwanda country celebration, held… Read more »
Africa: ADF-16 Report 2023 - The African Development Fund Evaluates the Transformative Effect of Its Interventions in Africa
The African Development Fund has published its 2023 report entitled: "ADF-16 Delivery and Results Report: Delivering greater impact through transformative investments", in which it… Read more »
November 29
Togo: Togo - African Development Fund to Provide a Partial Credit Guarantee to Support the Financing of Green and Social Projects
The Board of Directors of the African Development Bank Group has approved a EUR 200 million partial credit guarantee (PCG) to support Togo's inaugural sustainable financing to… Read more »
Africa: African Development Bank Imposes 12-Month Conditional Non-Debarment On China Railway Construction Engineering Group for a Fraudulent Practice
The African Development Bank Group, on 20 November 2024, announced the conclusion of a negotiated settlement agreement with China Railway Construction Engineering Group. Pursuant… Read more »
November 28
Senegal: Senegal - African Development Bank Mobilises Over 74 Million Euros to Promote Entrepreneurship Among Women and Young People
The Board of Directors of the African Development Bank Group has approved a loan of €73.72 million to Senegal to implement the second phase of the project to support and… Read more »
Ghana: Ghana - African Development Bank's 2024-2029 Country Strategy Paper for Ghana Prioritises Support for Industrialisation and Sustainable Transport Infrastructure
The main aim of the African Development Bank Group Country Strategy Paper (CSP) 2024-2029 for Ghana, approved by the Board of Directors on 6 November 2024, is to build a resilient… Read more »
Tanzania: Tanzania - African Development Bank Grants $75 Million Loan to Strengthen Skills in Prevention and Treatment of Cardiovascular Diseases
The Board of Directors of the African Development Bank approved a loan of $75 million to Tanzania to fund the second stage of the Centre of Excellence for Skills and Tertiary… Read more »
November 27
Africa: African Development Bank At the Unccd COP16 in Riyadh - Driving Africa's Land Restoration and Drought Resilience Agenda
What: Sixteenth session of the Conference of the Parties (COP16) to the United Nations Convention to Combat Desertification (UNCCD) Read more »
Africa: Insurer & Export Credit Agencies Day 2024
What: A side event at the Africa Investment Forum Read more »
Angola: Angola - African Development Bank Approves $162.76 Mln to Support Economic Governance and Resilience
The Board of Directors of the African Development Bank Group has approved a $162.76 million loan to Angola to finance the first phase of the country's Economic Governance and… Read more »
Senegal: African Development Fund Releases $81 Million Dollars for Construction of Road Linking Guinea and Senegal to Promote Integration and Trade
The Board of Directors of the African Development Fund approved a loan of $80.93 million to Senegal and Guinea for the construction of a new interstate road linking Labé and… Read more »
Africa: Export Credit Insurers and Agencies Day
What: A side event at the Africa Investment Forum Read more »
Libya: African Development Bank and the Government of Libya Sign Agreement to Strengthen Public Financial Management Through Support of Fapa
The African Development Bank (AfDB) and the Government of Libya are pleased to announce the signing of a new grant agreement aimed at strengthening public financial management… Read more »
November 26
Africa: Africa Can Benefit From Artificial Intelligence, but Must First Develop Its Infrastructure
Africa could reap the benefits of the fourth industrial revolution, particularly artificial intelligence (AI), but only with the right infrastructure in place. The continent… Read more »
Zimbabwe: Time to Accelerate Zimbabwe's $21 Billion Public Debt and Arrears Resolution Process, Say Stakeholders
After nearly two years of dialogue with development partners, Zimbabwe says it is ready to accelerate the arrears clearance and debt resolution process by working with the… Read more »
November 25
Zimbabwe: Zimbabwe - High Level Meeting Aims for Comprehensive Roadmap Towards Resolving the Country's $21 Billion Debt and Arrears
WHAT: 6th High-Level Structured Dialogue on Zimbabwe's Arrears Clearance and Debt Resolution Process Read more »
Libya: African Development Bank Launches 2024 Country Focus Report to Support Libya's Development Agenda
The African Development Bank Group has launched its 2024 Country Focus Report (CFR) for Libya, providing a detailed analysis of the country's recent macroeconomic performance and… Read more »
Nigeria: African Development Bank and Partners Plan to Make Abidjan-Lagos Corridor Highway a Potent Economic and Industrial Hub
The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is set to become a powerful economic and industrial hub courtesy of the… Read more »
Egypt: Africa Investment Forum Members Engage Egyptian Investors in Preparation for Its Upcoming Market Days
A group of African investors gathered at African Export-Import Bank's head office in Cairo, Egypt, on November 14 to mobilise local investors and business leaders ahead of the… Read more »