Africa: African Development Bank and Jpmorgan Align On Financing Africa's Growth and Energy Transition

The African Development Bank Group and JPMorgan Chase held high-level bilateral talks in Abidjan on Monday April 20, focusing on strengthening their strategic partnership amid… Read more »

West Africa: AfDB-Backed Mobile Savings Model Transforms Women Farmers' Livelihoods in West Africa

Khady Diouf's millet field in Medine, in the Thiadiaye area of western Senegal, used to yield 30 kilogrammes of the nutrient-rich grain. From the same plot, she now harvests 64… Read more »

Zimbabwe: Zimbabwe - African Development Bank Grants $25 Million to Protect Drought-Prone Communities and Strengthen Food Security

The Board of Directors of the African Development Bank Group has approved a $25 million grant to Zimbabwe for rural communities severely affected by climate change, expected to… Read more »

São Tomé and Príncipe: São Tomé and Príncipe - African Development Bank Group Approves $24.5 Million Grant to Power Clean Energy Future

The African Development Fund has approved a $24.5 million grant package for São Tomé and Príncipe, anchoring a landmark $30 million investment that will… Read more »

Africa: African Development Bank and Cabei Sign Framework Agreement to Boost Economic Growth, Social Well-Being of Member Countries

The African Development Bank and the Central American Bank for Economic Integration (CABEI) have signed a Letter of Intent aimed at facilitating Balance Sheet Optimization in line… Read more »

Nigeria: African Development Bank Pushes for Continent-Wide Sustainability Reporting Standards At Lagos Workshop

The African Development Bank Group (AfDB) called for faster adoption of global sustainability reporting standards across Africa's capital markets during a workshop held in Lagos on… Read more »

Ghana: Ghana Reaffirms AfDB Partnership As New Country Manager Presents Credentials

Ghana's Minister for Foreign Affairs, Samuel Okudjeto Ablakwa, on Wednesday received the letters of accreditation of Halima Hashi, the African Development Bank Group's (AfDB) newly… Read more »

Cote d'Ivoire: At 61 Years Old, Maboudou Dosso More Than Doubles His Income and Transforms His Family's Life

Maboudou Dosso, 61, embodies the tenacity of Ivorian smallholder farmers. Since 1991, he has cultivated rice, maize, and soybeans in Gouaké, in the Touba area of the Bafing… Read more »

Uganda: Uganda - African Development Bank Approves Additional €7.33 Million to Complete Payouts to Communities Affected By Rural Electrification Project

The African Development Bank Group has approved €7.33 million in additional financing to support the completion of compensation payments to people impacted by the Uganda Rural… Read more »

Africa: African Ports Advance Data Harmonization to Strengthen Competitiveness and Investment Readiness

The African Development Bank Group has convened a workshop for 104 port statisticians and maritime stakeholders from across Africa under the African Ports Connectivity Portal… Read more »

Libya: Libya and African Development Bank Group Launch Transport Sector Reforms to Drive Economic Recovery

The African Development Bank and Libya's Ministry of Transportation have concluded a three-day workshop to define the roadmap for implementing a strategic transport sector study… Read more »

Africa: African Development Bank and Government of Italy Sign Co-Financing Agreement to Strengthen Partnership for Support to Key Sectors in Africa

The Government of Italy, through the Ministry of Economy and Finance and the Ministry of Foreign Affairs and International Cooperation and the African Development Bank Group have… Read more »

Africa: Lusophone Compact Steering Committee Meets in Washington D.C. to Enhance Cooperation Among Its Members and Partners

The Lusophone Compact has convened its 8th Steering Committee Meeting at the headquarters of the International Finance Corporation (IFC) of the World Bank Group in Washington, D.C.… Read more »

Cote d'Ivoire: From Subsistence to Surplus - A Rice Farmer's Journey in Tabou

For years, Coulibaly Soumaïla struggled to produce enough rice from his one hectare of farmland. The harvest from the lowland field in Outouké in the Tabou district of… Read more »

Africa: Joint MDB Statement On Critical Minerals to Manufacturing Value Chains

We, the Multilateral Development Banks (MDBs), recognize the importance of working together to help build diversified, resilient, and responsible critical minerals to manufacturing… Read more »

Egypt: African Development Bank and ILX Complete First Joint Renewable Energy Transaction in Egypt

The African Development Bank Group (AfDB) and ILX Management B.V. (ILX) have completed their first transaction, marking an important milestone in their partnership to mobilise… Read more »

Africa: MDB Heads Deepen Collaboration to Support Countries Through Heightened Global Uncertainty

In a period of heightened global uncertainty, including the evolving situation in the Middle East, the Heads of Multilateral Development Banks (MDBs) today underscored the… Read more »

Africa: The Crisis in the Middle East Could Cost Africa 0.2 Percent in Economic Growth in 2026.

The crisis in the Middle East is impacting global economies, with growth in African countries forecast to decline by up to 0.2 percent. Read more »

Africa: MDB Common Approach to Measuring Jobs Outcomes

The following Multilateral Development Banks (MDBs) have agreed to closer collaboration on a common approach to measuring the impact of our operations on creating more and better… Read more »

Rwanda: Rwanda - African Development Bank Group Commits Additional €45.4 Million to Muvumba Multipurpose Water Resources Development Program

The Board of Directors of the African Development Bank Group has approved additional financing of €45.4 million to Rwanda for construction of a climate resilient irrigation… Read more »

Africa: African Development Bank, ESM Sign Memorandum of Understanding to Enhance Cooperation

The African Development Bank Group and The European Stability Mechanism (ESM) have signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the… Read more »

Africa: 2026 Annual Meetings - African Development Bank Group Boosts Co-Financing to Scale Up Investments Across Africa

The African Development Bank Group is intensifying efforts to mobilise co-financing to scale up development impact across the continent, amid an estimated annual financing gap of… Read more »

Somalia: Somalia - How Tvet Investments Are Empowering Young Women and Powering Inclusive Growth

A new generation of young Somali women are rewriting the country's employment story, thanks to technical and vocational education and training (TVET). Read more »

West Africa: African Development Fund Approves 1.7 Billion CFA Francs to Boost Private Sector Competitiveness Across WAEMU Countries

The Board of Directors of the African Development Fund (ADF) has approved a grant of 1.7 billion CFA francs to finance the Project to Strengthen Competitiveness of the Private… Read more »

Africa: Africa Sabre Awards Presents Global Campaign Honour for African Development Bank Group 'Afawa - Banking On Women' Communications At South Africa Ceremony

The awards dinner, held during the PRCA (Public Relations and Communications Association) South Africa Conference on 17 March, recognized Bank communications showcasing the impact… Read more »