December 13, 2023
Africa: Benin - African Development Bank Approves Loan of Approximately €39 Million to Boost Private Sector's Contribution to Economic Development
The African Development Bank's contribution aims to boost the development of the private sector so as to increase its input into Benin's economy. Read more »
December 12, 2023
Africa: Burundi - African Development Bank Presents Health Infrastructure Strategy for Africa
The Bank Group's Strategy for Quality Health Infrastructure 2020-2030 was presented to health actors in Burundi. Read more »
West Africa: African Development Bank Signs Eur 70 Million Financing Agreement With Boad to Strengthen Support for the Private Sector in West Africa
Wilfrid Abiola (left), head of the African Development Bank's office in Togo, and Moustapha Ben-Barka (right), Vice-President of BOAD in charge of Financing and Investment, at the… Read more »
Africa: African Development Bank Approves $696.41 Million of Financing for Burundi and Tanzania to Build 650 Kilometers of Rail Infrastructure to Develop the Central Corridor Network
The Bank's support will enable 651 kilometers of rail to be laid between Tanzania and Burundi, promoting cross border travel and regional integration Read more »
Tunisia: Tunisia - African Development Bank Lends Nearly €82 Million for Wastewater Reuse in Agriculture, Strengthening Climate Resilience
The African Development Bank is providing Tunisia with financial support to improve the treatment of wastewater for reuse in agriculture and to improve climate resilience. Read more »
Africa: COP28 - United Kingdom Commits £7.4 Million Additional Funding to African Development Bank's Africa Disaster Risk Financing Programme
Grant to support Somalia in adapting to weather extremes related to climate change Read more »
Africa: Webinar 16 Days of Activism Against Gender-Based Violence
Join Us for the 16 Days of Activism Webinar: Read more »
Africa: The African Development Bank Appoints Yacine Fal As Special Representative of the President to the Africa Investment Forum
African Development Bank Group President Dr. Akinwumi Adesina has appointed Yacine Fal as his Special Representative to the Africa Investment Forum, effective December 15, 2023. Read more »
Africa: Africa Visa Openness Index 2023 - Progress in Visa Openness in Africa to Ease Cross Border Travel, Boost Trade, Investment and Regional Integration
Rwanda becomes latest African country to offer visa-free access to all Africans Read more »
Africa: COP28 - African Development Bank, International Partners Commit to Climate Resilient Debt Clauses
The African Development Bank Group announced its adoption of climate resilient debt clauses (CRDCs) today, joining major creditors and international development banks at a COP28… Read more »
December 11, 2023
Africa: King Letsie III of Lesotho Launches Position Paper On Integrating Nutrition Into Climate Financing
Dr Garba Laouali, African Development Bank's Manager of Agricultural Production, Sustainability, and Research Division (L), H.E Ahmed Madobe Nunow, Minister of Agriculture of the… Read more »
Africa: COP28 - African Development Bank Garners Significant Global Support for Climate Action in Africa
The African Development Bank Group's initiatives towards building a climate-resilient Africa drew significant support at the 2023 UN Climate Change Conference (COP28), garnering… Read more »
Cote d'Ivoire: Côte d'Ivoire - African Development Bank Approves €165 Million in Loans to Accelerate Industrial Diversification and Boost Competitiveness and Job Creation
The DAICE Programme, supported by the African Development Bank, aims to strengthen the Ivorian Government's efforts towards economic diversification, the green transition and… Read more »
Africa: African Development Bank and Burundi Government Discuss Training and Entrepreneurship for Young People
Gervais Abayeho, Minister for East African Community affairs, Youth, Sport and Culture (far left); Hendrina Chalwe Doroba, head of the Education and Skills Development Division for… Read more »
December 09, 2023
South Africa: South Africa - African Development Bank Approves $1 Billion Guarantee From the United Kingdom to Support SA's Just Energy Transition
The Board of Directors of the African Development Bank Group has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office… Read more »
December 08, 2023
Africa: Cop 28 - African Development Bank Raises Green Finance for African Countries
The African Development Bank Group on 4 December 2023 held discussions with the Rwandan financial sector policymakers on the capitalization of the Rwanda Green Investment Bank… Read more »
Africa: African Development Bank Approves $66 Million Loan for Equity Enhancement of Tanzania Agricultural Development Bank
African Development Bank support will give to agricultural sector and value chain entrepreneurs greater access to the financial and non-financial services of the Tanzanian… Read more »
Africa: Rwanda - African Development Bank and the Agtf Mobilize Usd 250 Million to Improve Access to Water and Sanitation
Funding from the African Development Bank Group will make it possible to rehabilitate the Nzove 1 wastewater treatment plant and supply drinking water to an additional 227,000… Read more »
Africa: Senegal Makes Its Entry On the International Sustainable Finance Market With Eur 400 Million Partial Credit Guarantee From the African Development Bank
Proceeds from loans secured through AfDB's partial guarantee will be allocated exclusively to social and green investment sectors. Read more »
Africa: COP28 Side Event - Post Dakar 2 African Initiatives for Food Sovereignty and Resilience: Lessons Learned and Perspectives
What: Read more »
Africa: Nigeria - African Development Bank and Fsdh Merchant Bank Sign $20 Million Trade Finance Agreement to Support SMEs and Corporates
Bukola Smith, Managing Director, FSDH Merchant Bank (left) and Lamin Barrow, Director General, African Development Bank Nigeria Country Department, display copies of the signed… Read more »
Burundi: Burundi - Construction Begins On Agri-Food Training Centre, With Funding By African Development Bank
Pascal Yembiline (far right), the Bank Group's Country Manager for Burundi, and Hendrina Chalwe Doroba (far left), the African Development Bank's Education and Skills Development… Read more »
Africa: COP28 - African Development Bank's Afawa Grants $1.8 Million to Boost Entrepreneurship Skills for Thousands of Women in Partnership With Export Trading Group
The African Development Bank Group's Affirmative Finance Action for Women in Africa (AFAWA) and Export Trading Group have signed a technical assistance agreement of $1.8 million to… Read more »
Africa: COP28 - International Support Grows for Channeling IMF Special Drawing Rights Through Multilateral Development Banks
Governments of France, Japan, Spain and the UK express support for use of hybrid SDR instrument to provide development resources to countries in need in Africa and Latin America… Read more »
Africa: African Economic Conference 2023 Ends With a Call to African Countries to Invest in Regional Value Chains to Facilitate Industrialization
L-R: Adam Elhiraika, Director, Macroeconomics and Governance Department, ECA; Kevin Urama, Chief Economist and Vice President, AfDB; Matthias Naab, Director, Regional Service… Read more »
